Good news from around Europe
Acurast raises $11M to launch the world’s first smartphone-powered compute network Acurast, the first decentralised physical infrastructure network (DePIN) that turns smartphones into a global mesh of verifiable, confidential compute, today announced that it has raised a total of $11 million to date. Acurast is redefining compute by utilising billions
FMC raises €100M as it unveils new class of memory chips for the AI era Semiconductor pioneer FMC has raised €100 million to set new standards in memory chips with its highly innovative technology. The €77 million in equity comes from FMC’s oversubscribed Series C financing round, which is backed
The biggest European security tech deals in H1 2025 From cybersecurity to defence and privacy innovation, European security companies in H1 2025 are increasingly addressing the complex security needs of both enterprises and governments. The landscape spans from software-driven automation and cloud-native threat detection to emerging categories such as AI-powered
Journalist to founder: Monty Munford’s HomeTruth emerges from stealth to solve a £60B problem It’s not every day that I write about a colleague’s startup. Today, HomeTruth, a home finance tech startup, has emerged from stealth with a $4 million valuation, having graduated from proptech VC STYX’s living lab and
Zilch nets $175M as eyes “strategic” M&A Zilch, the UK consumer lending fintech, has netted over $175m in an equity and debt funding round as it eyes acquisition targets. The funding round was led by KKCG, the Czech investment group, with participation from BNF Capital, the family office, and other strategic
Swiss startup Forgis raises €3.8 million to automate industrial machines as Europe confronts Asia’s manufacturing lead Forgis, a Zurich-based startup developing software to automate industrial machines, today announced a €3.8 million ($4.5 million) pre-Seed funding round to continue projects underway in the automotive and advanced manufacturing sectors. The round was
Cambridge startup T-Therapeutics secures €27.5 million to improve how the immune system targets disease T-Therapeutics, a British BioTech company developing next-generation T cell receptor (TCR) therapeutics for cancer and autoimmune disease, today announced the successful expansion of its Series A financing, raising a further €27.5 million ($32 million). New investors
Germany’s FMC lands €100 million as Europe pushes to reduce reliance on US and Asian memory suppliers Dresden-based semiconductor innovator FMC has raised €100 million to reduce the energy demand of AI data centres with its sustainable and cost-efficient memory chip – ranking among the largest raise of its kind
Zilch secures €150 million to accelerate growth as the UK and EMEA’s fastest-growing FinTech unicorn London-based Zilch, a consumer payments platform , today announced it has raised over €150 million ($175 million) in debt and equity to increase brand visibility through increased above-the-line (ATL) marketing spend, further product development and
EU-Startups Podcast | Episode 144: Andreas Idl, Co-founder & CEO of Cropster This week on the EU-Startups Podcast, we sit down with Andreas Idl, Co-founder and CEO of Cropster, the company quietly shaping the global specialty coffee movement. If your coffee tastes consistently delicious every morning, Cropster may well be