Good news from around Europe
Hiro Capital snaps up Nick Clegg and Yann LeCun, as launches fund London-based VC firm Hiro Capital has snapped up two high-profile individuals from the European tech scene, as it launches a new fund targeting the European scaleup gap. Nick Clegg, the former deputy PM and former Meta executive, is joining as
The Ukrainian startup turning sorted waste into cash Living in Germany, rubbish sorting is a big part of daily life. Do it incorrectly and your neighbours won’t hesitate to correct you, and repeat offenders may even risk a fine. But even in cities with collection systems, huge volumes of plastic,
Barclays invests in fintech group United Fintech Barclays is investing in United Fintech, joining four other big banks, which have invested in the fintech group. Barclays is joining Citi, Danske Bank, BNP Paribas and Standard Chartered which have invested in United Fintech. London-headquartered United Fintech, founded in 2020, acquires and scales fintechs across
Mondu secures €100M debt facility and partnership from J.P. Morgan Payments Berlin-based Mondu, a provider of B2B payment solutions, has secured a €100 million debt facility from J.P. Morgan Payments to scale its offering and support its expansion across Europe. Founded in 2021 by Malte Huffmann, Philipp Povel, and Gil
University of Cambridge quantum spinout nets record $60M Series A A University of Cambridge quantum computing spinout, which is building the infrastructure needed for scaling quantum computers, says it has raised the largest ever quantum Series A in the UK. Nu Quantum has raised $60m in a funding round led
Gene therapy for severe epilepsy moves forward with EpilepsyGTx’s €28 million funding EpilepsyGTx, a Cambridge-based BioTech startup focused on research and development of gene therapies to treat refractory epilepsy, today announced it has raised €28 million ($33 million) in Series A financing to advance its lead programme EPY201 through Phase
J.P. Morgan Payments provides €100 million facility to support Mondu’s European expansion in B2B payments Mondu, the Berlin-based innovator in B2B payments, today announced it has secured a €100 million debt facility from J.P. Morgan Payments to scale their B2B payment solutions and support its expansion across Europe. This collaboration
Portugal’s APEX shifts from startups to sports teams with new fund targeting €300 million APEX, a Oeiras-based investment firm specialising in sports assets, has announced the launch of a new private equity fund targeting €300 million ($350 million) to back minority investments in European sports teams, leagues, and related businesses,
Earlybird-X spin-off U2V launches €60 million fund to back DeepTech startups from European tech universities European venture capital firm U2V (University2Ventures) has announced the first closing of its €60 million Fund I. With this fund, the spin-off from Earlybird-X aims to back early-stage DeepTech startups from European tech universities. It
Germany’s Amplifold raises €5 million to unfold rapid, affordable diagnostics using DNA-origami nanotechnology Amplifold, a Munich-based BioTech startup developing rapid diagnostic tests using DNA-origami nanotechnology, has announced the closing of an oversubscribed €5 million Seed round. This spin-off from Ludwig-Maximilians-Universität München (LMU) aims to use this capital to industrialise its