Good news from around Europe
RheEnergise secures €2.5M to accelerate green energy storage tech Cleantech energy storage startup RheEnergise has secured a 2.5 million grant from the European Innovation Council (EIC) Accelerator to support the company’s R&D work. RheEnergise is developing an innovative long-duration energy storage technology called High‑Density Hydr (HD Hydro). At times of
June 2025’s top 10 European tech deals you need to know about In June, European tech companies raised a total of €6.5 billion across 323 deals, an 18 per cent increase from May’s €5.5 billion and 341 deals. The UK continued to lead the charge, raising €1.8 billion in June, up
EIFO invests $5M in Ukrainian defencetech Fund D3 EIFO, the Export and Investment Fund of Denmark, announces an investment of US$5 million into D3, a defence technology venture fund with a strong presence and track record in Ukraine. D3 was established in 2023 by Eveline Buchatskiy, Anton Verkhovodov and Elya
Investor optimism ignites €6.5B funding rally for European tech in June In June, European tech companies collectively secured €6.5 billion across 323 deals, a 66.7 per cent increase compared to April’s €3.3 billion across 341 deals. Click to read the rest of the news. Powered by WPeMatico https://tech.eu/2025/07/04/investor-optimism-returns-june-tech-funding-jumps-18-month-on-month/
Weekly funding round-up! All of the European startup funding rounds we tracked this week (Jun 30 – Jul 04) This article is visible for CLUB members only. If you are already a member but don’t see the content of this article, please login here. If you’re not a CLUB member
Warsaw-based Alsendo expands into Western Europe with the acquisition of Italian shipping platform Spedire.com Alsendo, a Polish technology platform supporting shipping process management, announces its acquisition of Italian shipping platforms Spedire.com and SpedirePRO for €5.5 million. This acquisition marks Alsendo’s first in Western Europe and a strategic step toward building
Can Europe catch up? Why the EU is still behind in the global AI race On Independence Day, the 4 July 1962, President John F. Kennedy declared, “The United States looks on a strong, united Europe not as a rival but as a partner.” More than six decades later, with
Paris-based AI suite Massive Dynamic raises €3 million to automate digital marketing operations Massive Dynamic, a French startup building an AI-native suite for digital marketing, announced that it raised a €3 million pre-Seed round to accelerate the development of its product and expand the engineering team. The funding round was
Belgian contractor management platform NineID raises €3.5 million to fuel European expansion Ghent-based NineID, a platform that helps companies manage external contractors, has raised €3.5 million in funding to strengthen their presence across the European market. The round was led by tech fund Pitchdrive with additional participation from returning investor
Norrsken Foundation pledges €300M to support European AI-driven startups tackling global challenges The Norrsken Foundation, one of Europe’s largest impact tech funds, has pledged €300 million to support European startups to back startups using AI for tackling challenges in climate, health, food, education, and society. The funding will be distributed