Good news from around Europe
Germany unifies deeptech funding: DTCF to join HTGF in major VC platform overhaul The German Federal Government plans to consolidate and strengthen financing for technology startups and scaleups. The DeepTech & Climate Fonds (DTCF) will be continued under the umbrella of High-Tech Gründerfonds (HTGF). By integrating DTCF into HTGF, a
Skeleton opens €220M Leipzig SuperFactory to power Europe’s AI and grid stability Skeleton Technologies has officially opened its €220 million SuperFactory in Markranstädt, near Leipzig. The facility is already delivering to Siemens, General Electric, and Hitachi Energy for European electrical grids, and to major US hyperscalers for AI infrastructure. I
Gravis Robotics raises $23M to scale autonomous earthmoving tech Swiss-based earthmoving autonomy platform Gravis Robotics has secured $23 million in fresh funding, co-led by IQ Capital and Zacua Ventures, with participation from Pear VC, Imad (CVC of Nesma & Partners), Sunna Ventures, Armada Investment and Holcim. Alongside the funding, the
Quantum Systems’ €180M Series C extension lifts company to €3B+ Europe’s first dual-use unicorn, Quantum Systems, has tripled its valuation and raised €180 million in a Series C Extension led by Balderton Capital. This follows its €160 million Series C in May this year, bringing the total amount secured in
Weekly funding round-up! All of the European startup funding rounds we tracked this week (Nov. 24-28) 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
Rocket fuel for Europe’s SpaceTech? Founder reacts to EIB’s new €500 million space programme The European Investment Bank (EIB) has entered orbit with the launch of Space TechEU, a €500 million financing initiative targeting the European space industry. Unveiled at the European Space Agency’s Council of Ministers in Bremen, the
Swiss construction startup Gravis Robotics raises €19 million for its robotic excavator platform Zurich-based Gravis Robotics, a robotic excavator platform innovating global construction, has today announced €19 million ($23 million) in new funding, along with a new wave of industry partnerships. The funding was co-led by IQ Capital and Zacua
Finnish CleanTech startup Sofi Filtration gains €900k boost for critical-mineral recovery technology Sofi Filtration, a women-led Espoo-based CleanTech company developing ultrasound-based water filtration technology, has raised a €900k investment from EIT RawMaterials to accelerate industrial pilots, international expansion, and continued development and validation of the technology. The investment includes €600k
Quantum Systems passes €3 billion valuation with €180 million injection, backing Its NATO-deployed Platforms Munich’s Quantum Systems has tripled its valuation and raised €180 million in a Series C Extension led by Balderton Capital in order to accelerate its AI, software, and hardware development across all domains – connected by
How BIOVALIANCE is building French biotech sovereignty Powered by WPeMatico https://sifted.eu/articles/biovaliance-french-biotech-sovereignty-brnd/