Good news from around Europe
Clean Growth Fund raises one-third of £150M fund target Climatetech VC fund Clean Grown Fund (CGF) has raised a third of its £150m target as it looks back startups aimed at cutting greenhouse gas emissions and speeding up net zero innovation. CGF is a VC fund set up in 2020 which invests in UK-based early-stage
Norrsken Evolve launches €57M fund to back “impact tech” Norrsken Foundation has launched Norrsken Evolve, a new €57 million pre-seed fund aimed at backing startups working “at the intersection of impact, resilience, and scalability”. The fund will target early-stage founders across Europe building solutions in sustainability, deeptech and infrastructure critical
Monzo mirrors Revolut and Klarna with plan to launch mobile service Monzo is planning to launch a mobile phone offering, mirroring similar moves by challenger financial startups Revolut, Klarna, and N26. The UK challenger bank is planning to launch a digital sim and offer monthly contracts in the UK, according to
European tech weekly recap: More than 40 tech funding deals worth over €1B Last week, we tracked more than 40 tech funding deals worth over €1 billion, and over 10 exits, M&A transactions, rumours, and related news stories across Europe. Click to read the rest of the news. Powered by WPeMatico
UK-based Meshed raises £950K for AI insurance broker for SMEs British insurtech Meshed, which provides an AI-compliant digital insurance broker service, has raised £950,000 in a pre-seed round to offer commercial insurance for small and medium-sized businesses (SMEs). The round was led by Haatch, with participation from Aviva via Founders
London-based cybersecurity startup Innerworks raises €3.7 million to stop AI fraud in its tracks Innerworks, a London-based cybersecurity startup pioneering Synthetic Threat Intelligence, has announced a €3.7 million ($4 million) seed funding round to expand its AI-powered fraud detection platform. Led by AlbionVC, the round also saw participation from Digital
Cultivating change: Why the future of Agriculture needs more women and technology Throughout my family’s history, women have played a central role in agriculture, not just as a workforce but as drivers of innovation and resilience. My great-grandmother kept our horticultural business alive during wartime, nurturing growth against all odds.
Zurich-based Evulpo secures €9.3 million aiming to redefine digital learning Evulpo, a Zurich-based EdTech startup, has secured €9.3 million in a Series A funding round, despite ongoing constraints in the VC market, reflecting a strong belief in Evulpo’s AI-powered approach to education and the capabilities of its founding team. A
London-based Clean Growth Fund powers ahead with €56.8 million to boost UK ClimateTech Clean Growth Fund (CGF), a London-based venture capital firm specialising in climate technology, has secured a €56.8 million first close for its second fund, targeting a total of £150 million (around €174 million). This fresh round of
Stockholm-based Norrsken launches €57 million fund to support early-stage impact startups Norrsken, an impact ecosystem that supports entrepreneurs working on solutions to global challenges, has launched Norrsken Evolve, a €57 million fund aimed at investing in early-stage, impact-driven companies across Europe. The new fund is a rebrand and expansion of