Good news from around Europe
Payrails raises $32M Series A to boost payment performance for global enterprises A global payment software company Payrails, has raised $32 million in Series A funding to further its mission of enabling enterprises to take control of their payment operations. Founded by former fintech leaders from Delivery Hero, Payrails’ founding
Paris-based Kolet raises €8.6 million to innovate global mobile connectivity across 190 countries One year after an initial €5 million Seed round, French eSIM startup Kolet announced a €8.6 million Series A to continue their mission to offer all travellers seamless, affordable, and universal mobile connectivity in over 190 countries.
Spanish MedTech scale-up Aortyx spins spider-inspired tech to mend torn aortas – raising €13.8 million Aortyx, a Barcelona-based MedTech scale-up, has raised a €13.8 million Series A funding round to reach the milestone of first-in-human testing, bringing their product – a bioresorbable patch that treats aortic tears – closer to
Why green energy independence is key to Europe’s innovation ecosystems For years, Europe’s energy strategy focused mainly on logistics and price, relying on cheap imports to sustain its industrial base. But recent crises have exposed the risks of this approach. Import dependencies have left Europe vulnerable to external shocks, and
German CleanTech startup Voltfang secures €15 million and launches Europe’s “largest second-life battery factory” Aachen-based Voltfang, a provider of European battery storage solutions for industrial, commercial, and grid-scale applications, has successfully closed its Series B financing round, raising €15 million. The round was led by Dutch DeepTech investor FORWARD.One. Additional
Spanish startup Multiverse Computing raises €189 million to scale technology that compresses LLMs by up to 95% San Sebastian-based Multiverse Computing, a global innovator in quantum-inspired AI model compression, today announces a €189 million investment round to further develop their CompactifAI – a compression tech capable of reducing LLMs by
Slovak AI startup Cequence raises €2 million to automate contract workflows and accelerate growth Cequence, a Slovak startup which helps companies automate contract workflows using artificial intelligence, has successfully raised €2 million in seed funding to accelerate its growth. The round was led by Jet Ventures, with participation from Look
How to Web Conference is back in Bucharest on October 1–2 The How to Web Conference is set to return on October 1–2, bringing together founders, investors, and tech professionals for two days of focused discussions on innovation, product development, and scaling in Eastern Europe and beyond. Now in its
Nvidias big European push raises questions for sovereignty Powered by WPeMatico https://sifted.eu/articles/nvidias-big-european-push-raises-questions-for-sovereignty/
Candelas flying ferries land major Mumbai deal for worlds largest electric waterway network Powered by WPeMatico https://sifted.eu/articles/electric-ferry-startup-candela-deal-mumbai/