Good news from around Europe
Spotify’s Daniel Ek to stand down as CEO Spotify co-founder Daniel Ek is standing down as CEO of the Stockholm-based streaming giant after nearly two decades in the role. Ek has served as Spotify’s CEO since he co-founded the company in 2006 with Martin Lorentzon. Ek is moving to the role
Supernova raises $9.2 million Series A to bring AI efficiency to enterprise product teams Czech startup Supernova has secured a $9.2 million Series A round to support the launch of Portal, an AI-powered product development tool that enables professional teams to accelerate workflows from ideation through to code. The round
Cambridge spinout NoBACZ bags £4.8M to scale sustainable wound-care tech for animals NoBACZ Healthcare, a University of Cambridge spinout developing novel products that change the way lesions and wounds are treated in livestock and horses, has raised a £4.8 million funding round. Wounds on livestock and horses are typically treated
Concept Ventures closes $88M Fund II, cementing position as Europe’s largest Pre-Seed fund Concept Ventures today announced the close of an $88 million Fund II to back the UK and Europe’s most promising early-stage tech talent. The fund, the second institutionally-backed raise from the firm, cements Concept Ventures’ position as
Boldr raises $3.2M to turn homes into residential power plants London-based energy tech company Boldr has raised an oversubscribed $3.2 million seed round to advance its mission of turning homes into active grid participants, helping homeowners reduce costs while supporting grid operators amid rising demand. The round included participation from
French AdTech startup Vibe.co raises €42 million to bring AI-powered, hyper-targeted advertising to TV Paris and New York-based Vibe.co, the ad platform bringing hyper-targeting to connected TV (CTV) for performance marketers, announced today that it has closed €42 million in Series B financing – bringing total valuation to €349 million.
With new €114 million fund, British VC firm Notion Capital expands focus on AI-driven software and FinTech London’s Notion Capital, a leading venture investor in business software and FinTech, has today announced the close of its new €114 million growth fund, Notion Capital Opportunities III SCSp. Investors in the new
Paris-based Qovery lands €11.3 million to simplify multi-cloud application deployment and expand to the US Qovery, a French SaaS platform that automates DevOps and makes application deployment effortless on any cloud, has raised €11.3 million in Series A funding to accelerate expansion in the region, scale its team and advance
New VC fund May Ventures launches with over €30 million in capital and an AI-focused mission A new VC fund out of Münster has launched this morning, May Ventures has already raised over €30 million for its AI-focused mission to invest in early-stage startups from the DACH region. The fund
British VC Concept Ventures raises €75 million to create Europe’s biggest dedicated pre-Seed fund London-based Concept Ventures is today announcing the close of an €75 million Fund II to back the UK and Europe’s most promising early-stage tech talent – allegedly positioning it as the largest dedicated pre-Seed fund in