Good news from around Europe
Neobank Revolut seeks $65B valuation, a year after its $45B deal Europe’s fintech darling Revolut is looking to raise a new funding round that would give it a $65 billion valuation, the Financial Times reports. The U.K.-based company is reportedly in talks to raise around $1 billion by issuing new
Austrian deeptech Hololight secures €10M for XR pixel-streaming tech Austrian deeptech company Hololight has secured €10 million investment. Founded in 2015, Hololight provides the technical bridge between XR applications and XR devices. Powered by its proprietary XR streaming technology, Hololight pixel-streams XR applications from cloud or on-premise infrastructure — overcoming device,
Didomi and Sourcepoint join forces to redefine privacy in the age of AI Global data privacy solutions provider Didomi is acquiring Sourcepoint, a data privacy technology company with a strong publisher market share and over 200 global enterprise customers. Together, Didomi and Sourcepoint aim to become the authority on privacy-respecting
LumenStream secures £1.2M investment to scale lighting as a service LumenStream, climatetech company which is revolutionising energy efficiency through its innovative “Lighting as a Service” model, secured £1.2 million in investment. The funding round was led by a local angel investment syndicate, with significant participation from Co Fund III, managed
Monzo hit with £21M fine after onboarding customers with Buckingham Palace and 10 Downing Street addresses Monzo has been hit with a £21m fine by the UK financial watchdog over lax financial crime controls, after the challenger bank onboarded customers with “implausible” London landmark addresses such as Buckingham Palace, 10
New €700,000 initiative expands climate-neutral tech on dairy farms Carbery’s Farm Zero C project, a research and demonstration initiative focused on creating a blueprint for economically viable and sustainable dairy farming, is expanding its reach with a €700,000 fund to trial next-generation methane-reducing technologies on 10 additional dairy farms in
French scale-up Ciloa raises €6.5 million to advance exosome therapy for metabolic diseases Montpellier-based Ciloa, an innovator in bioengineering extracellular vesicles to develop a new generation of therapeutics and preventive solutions, announced it has secured €6.5 million of funding. The funding was secured via the France 2030 ‘Biotherapies and Biomanufacturing
Paris-based Didomi acquires Sourcepoint and raises €61 million to enhance privacy tech offering Didomi, a French Global Data Privacy Solutions provider, announced today a €61 million raise along with its acquisition of Sourcepoint, a data privacy technology company with strong publisher market share and over 200 global enterprise customers. The
Swiss MedTech company Comphya raises €8 million to tackle erectile dysfunction with new device Lausanne-based Comphya SA, a clinical-stage MedTech company innovating the first implantable neurostimulation therapy for erectile dysfunction (ED) unresponsive to medication, today announced the closing of an oversubscribed Series A financing round. Including the conversion of existing
As easy as Netflix: Austrian DeepTech startup Hololight raises €10 million for its XR pixel-streaming tech Innsbruck-based DeepTech company Hololight, a provider of AR/VR (“XR”) pixel-streaming technology, has secured a €10 million investment to support the global distribution of its products and to make XR pixel-streaming accessible across the entire AR/VR