Good news from around Europe
Greek defence tech startup founded by Apple roboticist raises $14M A Greek defence tech startup founded by a former Apple roboticist has raised $14m in a Series A funding round. Athens-based Delian Alliance Industries is developing autonomous weapons, including drones and surveillance towers equipped with cameras and AI software. It is
Chasing tech milestones, not just capital: key lessons from the Deeptech Hardware Napkin Today First Momentum Ventures released its second DeeptechHardware Napkin. Inspired by Point Nine Capital’s influential SaaS Funding Napkin, it offers compact insights into the fundraising dynamics of deeptech hardware startups. I spoke to Dr Maximilian Ochs, VC at
European DIGITAL SME Alliance slams EU–US trade deal undermines local tech sovereignty This week, the United States reached a trade deal with the European Union, which includes the elimination of EU tariffs on US industrial goods, and the EU will also pay a 15 per cent tariff on certain US
Centauri gets $5.1M from CARB-X to advance ABX-01 to human trials UK-based Centauri Therapeutics, an immunotherapy company with a proprietary platform technology applicable across a wide range of therapeutic areas, has secured an additional $5.1 million in funding from CARB-X. This brings CARB-X’s total support for the company since 2019
Coinvest Capital backs Psylink’s next-gen mental health biotech solution Lithuanian startup Psylink has raised €501,521 in a pre-seed round to develop further its proprietary biotechnology platform, which focuses on the sustainable production of plant- and fungi-derived compounds. Psylink is a deep-tech biotechnology company developing innovative, science-driven treatments for mental health
€600 million mobilised: Greek Guarantee Fund concludes with major impact on SMEs The Greek Guarantee Fund (GGF), a financial initiative that provided support to Greek SMEs and mid-caps, announced its successful completion after having enabled €600 million in financing to Greek companies. The news was announced by the The European
Lithuanian BioTech platform Psylink raises over €500k for mental health innovation Psylink, a Vilnius-based startup focused on developing innovative treatments for people facing mental health challenges, raised over €500k in a pre-Seed investment round. The round was led by the VC fund Coinvest Capital, with Firstpick and BSV also participating,
German Blue Economy startup Tilla secures €2 million for its maritime crew logistics platform Tilla, a Berlin-based Blue Economy startup, today announced the successful closing of a €2 million funding round designed to accelerate the global expansion and innovation of its crew logistics platform. The round is led by global
London-based LIfT BioSciences secures €12 million to ovecome treatment resistance in solid tumours LIfT BioSciences, a British/Irish BioTech focused on neutrophil immunotherapies, today announces a grant of €12 million has been awarded from Ireland’s Disruptive Technologies Innovation Fund (DTIF) to advance its Immuno-Modulatory Alpha Neutrophils (IMANs), designed to overcome treatment
German DefenseTech ARX Robotics reinforces Europe’s battlefield edge with €42 million for tactical UGVs Munich-based ARX Robotics, a provider of autonomous unmanned ground vehicles (UGVs), has raised an additional €11 million as part of a Series A extension led by Speedinvest; HV Capital also participated in the round. This follows