Good news from around Europe
Dutch online grocery store Picnic raises €430M Dutch online grocery store Picnic has raised €430 million from existing investors and is ploughing much of the funding to grow its operations in Germany. Picnic’s existing investors include German supermarket giant Edeka, The Bill and Melinda Gates Foundation Trust, Dutch investment firm Hoyberg and Amsterdam-headquartered investment firm NPM Capital. As
EIT Urban Mobility reports strong results and new €44M Fund EIT Urban Mobility, an initiative of the European Institute of Innovation and Technology (EIT), a body of the European Union, announced results demonstrating the measurable impact of its investment approach and and commits €44M for future investments Since 2020, EIT
UK government announces billions of pounds of AI investment including Sovereign AI Unit The UK government has unveiled a package of measures putting AI at the centre of its growth plans, pledging the creation of thousands of jobs and government support for key domestic AI tech. The measures, featuring billions of
MuchBetter.ai banks €4M to boost workforce performance through AI-based conversations Today, French startup MuchBetter.ai announced a €4 million funding round led by Educapital, an impact fund specialising in education and the “future of work,” with support from Astorya VC and Antler. The company has developed an AI-powered training platform for sales
Weekly funding round-up! All of the European startup funding rounds we tracked this week (Nov. 17-21) This article is visible for CLUB members only. If you are already a member but don’t see the content of this article, please login here. If you’re not a CLUB member yet, but you’d
Zurich’s Flexion raises €43 million to build the brains behind humanoids Zurich-based Flexion, a robotics intelligence startup developing a reinforcement learning platform for humanoid robots, has raised €43 million ($50 million) in Series A funding. The round was led by DST Global Partners with participation from NVentures (NVIDIA’s venture capital
With UK families now facing up to €25.7k in university costs – Sencillo advances education finance platform with new €397k London’s Sencillo, a new FinTech venture launching a finance platform that helps parents plan, fund and manage their children’s education with confidence, control, and clarity, has secured over €397k (£350k)
Berlin-based NexDash hauls in €5 million to electrify Europe’s freight NexDash, a German-based logistics startup, has raised €5 million in a Seed round to build Europe’s first “Neo-Carrier” for electric trucks, just three months after its founding. The round was led by Extantia Capital with participation from Clean Energy Ventures,
Spanish VCs weigh in – What 2025 means for Spain’s growing startup ecosystem In 2025, Spain’s startup ecosystem has seen several major VCs closing new funds, highlighting the country’s growing potential. Although Madrid and Barcelona continue to dominate as the primary hubs, cities like Valencia, Málaga, Bilbao are emerging as
Konvolo secures new funding from Gorilla Capital to scale its AI-driven customer interview platform Konvolo, a Swedish company replacing outdated surveys with scalable, AI-led customer interviews, has raised funding from Gorilla Capital Fund III to enhance the platform and support further scaling. Tommy Nordahl, Almi Invest and existing shareholders also