Good news from around Europe
Agritech Solynta lands EU-backed financing to advance disease-resistant potato varieties The European Investment Bank (EIB) has signed a €20 million venture debt financing agreement with Dutch biotechnology company Solynta, to accelerate the development of potato varieties with enhanced resistance to disease and resilience to climate change. Using true potato seeds
Osapiens invests €35M in UK expansion, creating 150+ high-skilled jobs German cloud-based software solution osapiens is expanding its operations in the United Kingdom. The company plans to invest €35 million in the UK and create more than 150 high-skilled, high-wage jobs, underlining its long-term commitment to the UK and strengthening
Magentic raises $5.5M to cut costs in tariff-impacted supply chains with AI Magentic, an AI agent platform that identifies savings across global manufacturing supply chains, has closed a $5.5 million funding round to fuel team expansion and growth. Supplier compliance “leaks” are a widespread issue, with 90 per cent of
AI agents hit the supply chain: British AI startup Magentic raises €4.6 million to scale enterprise automation London-based Magentic has secured €4.6 million in funding to support the company’s goal of building a platform of autonomous AI agents – called Mages – designed to address inefficiencies and deliver significant cost
London-based FinTech platform Currency Stream raises “major investment” for currency conversion Currency Stream, a British FX and payments provider, today announced a “major investment” from Paycorp International to grow its business in Europe and fuel its expansion across the Americas, Africa, and Asia. This relationship builds on a successful long-term
British SpaceTech innovator ALL.SPACE awarded €3.2 million to advance 5G integration Reading-based ALL.SPACE, a provider of multi-orbit, multi-link SATCOM platforms, today announces a €3.42 million funding award to accelerate the development of the integration of 5G Non-Terrestrial Networks (NTN) into their terminals. The funding was awarded by the European Space Agency’s
Estonian BioTech developer ÄIO secures €1 million to develop greener alternatives in cosmetics products ÄIO, a Tallinn-based BioTech company developing sustainable, non-animal fats and non-vegetable oils through innovative fermentation processes, has secured €1 million in funding to accelerate development of safer and more ecological alternatives to traditional oils used in
Bulgarian HealthTech provider Blue Longevity Clinic just raised €2 million to help you live longer Sofia-based Blue Longevity Clinic, a longevity medicine service provider, has raised €2 million to launch clinics in Greece, Turkey and Bulgaria, supported by proprietary digital technology and advanced diagnostic protocols. The round was led by Eleven
Estonian biotech startup ÄIO secures €1M grant to accelerate development of sustainable oils for cosmetics ÄIO, an Estonian biotechnology company developing sustainable, non-animal fats and non-vegetable oils through innovative fermentation processes, has secured €1 million in funding. The funding came from a grant from the Estonian government-backed Applied Research Programme
Auxxo Female Catalyst Fund II secures €26M to back female-led startups in Europe Auxxo announced the first closing of its new fund, the Auxxo Female Catalyst Fund II, at €26 million. The round was led by the European Investment Fund (EIF) and backed by Aurum Impact, Cherry Ventures, Speedinvest, as