Day: October 23, 2025

Sizable Energy raises $8M to launch ocean-based energy storage Italy-based Sizable Energy, a developer of long-duration ocean energy storage, has raised $8 million in a round led by Playground Global, with participation from Verve Ventures and Unruly Capital. Sizable Energy is building gigawatt-scale storage using an offshore pumped-hydro approach. Founded

Y Combinator–backed Saturn raises $15M to make financial advice affordable for all Fintech advice company Saturn has raised a $15 million Series A funding round led by European VC Singular, with participation from Shapers, Y Combinator, and Zeno Ventures. The advice gap is one of today’s biggest societal challenges. Fewer than

Scaleup Finance raises £3M to launch Nume, an AI CFO for startups and SMEs Copenhagen-based CFO-services company, Scaleup Finance, has secured £3 million to launch Nume, an AI CFO positioned to address the financial leadership gap faced by 50 million SMEs globally.  While CFOs are standard in larger businesses, nearly

Ipsen expands oncology portfolio with €1B acquisition of French biotech ImCheck Therapeutics Pharmaceutical company Ipsen has acquired ImCheck Therapeutics, a private French biotechnology company pioneering next-generation immuno-oncology therapies.  ImCheck was founded in 2015 based on the research of Professor Daniel Olive, Director of the Immunity and Cancer Laboratory at the

“Imperative” UK fintech supported in budget, says fintech boss, amid ranking fall The CEO of UK fintech industry trade body Innovate Finance has called on the UK fintech sector to be “properly supported” in the next budget, highlighting data showing UK fintech had dropped down the investment rankings. Janine Hirt, CEO

From leisure boats to rescue fleets: Zparq’s electric drivetrains steer marine transport toward zero emissions with €5.5 million Zparq, a DeepTech company developing next-generation electric drivetrains out of Stockholm, has been awarded €5.5 million in EU funding to complete the development and scaling of its Z10 platform and to drive

smartbax secures €4.7 million as Germany confronts 10,000 deaths a year from drug-resistant infections smartbax, a Munich-based BioTech company developing next-generation antibiotics against multi-drug resistant bacteria, today announced the successful first closing of its €4.7 million pre-Series A financing round. The round was led by new investors Anobis Asset and

European startups get serious about deepfakes as AI fraud losses surpass €1.3 billion The cost of creating convincing synthetic media has collapsed – and so has society’s ability to distinguish between real and fabricated information. So what are Europe’s rising startups doing about it? According to the latest study by Dutch

With the UK in its sights, Austrian recommerce marketplace refurbed raises €50 million refurbed, a Vienna-based marketplace for refurbished electronics, household, and sports products, has closed its latest funding round with a €50 million raise in order to accelerate its European expansion – particularly into the UK market – and

From prevention to impact: Why chronic care is the next frontier in HealthTech The healthcare sector is experiencing a surge of proactive health startups, ranging from wellness apps and wearables to digital coaching platforms. Business is booming, and according to Oliver Wyman, 50% of people track their health digitally; it