Good news from around Europe
London’s Scindo raises €4.5 million to accelerate sustainable ingredients platform Scindo, a UK-based startup developing a data-rich AI platform to discover and design next-generation enzymes, has raised €4.5 million in funding to enable bio-based ingredients and sustainable chemistry across multiple high-value sectors. The investment was co-led by Kadmos Capital and
British FinTech startup Fnality raises €115 million for seamless wholesale payment systems Fnality, the London-based operator of next generation wholesale payment systems regulated by central banks, today announced that it has raised €115 million in a Series C funding round. The round was led by WisdomTree, Bank of America, Citi,
Why London is (still) Europe’s startup hub number one Time after time, London proves why it’s (still) Europe’s leading startup ecosystem. Take my own experience: of the four Uber General Managers from the Eastern Europe region I managed, all four now live in London. Two of us are building our
Munich’s Futurail lands €7.5 million for autonomous trains as EU pushes for a shift from road to rail Futurail, the German DeepTech startup developing an autonomy stack for self-driving trains, announced the closing of its €7.5 million Seed round, aligning with the EU’s broader push to shift passengers and freight
Dutch scale-up Revyve secures €24 million funding to boost egg-replacing yeast proteins Wageningen-based FoodTech scale-up Revyve has raised nearly €24 million in Series B to accelerate the rollout of functional yeast proteins designed to replace eggs and additives in mainstream food categories – bringing total capital raised to more than
Finnish ŌURA raises valuation to $11 billion in new funding round Finnish company Oura Health is raising $875 million in a Series E round, bringing its valuation to nearly $11 billion. This was reported by Bloomberg. Oura Health Oy, developer of popular health and sleep monitoring rings, is close to
NVIDIA invests in ElevenLabs amid strengthening tech cooperation between the US and the UK NVIDIA, one of the leaders in the technology industry, has announced an investment in Polish-British startup ElevenLabs, which specializes in generative AI models for voice synthesis. This deal underscores the strengthening technological alliance between the US
Polish fintech startup Paymove secures around $860k in a new investment round Polish fintech startup Paymove has secured approximately $860,000 in a new investment round from Polish venture capital funds Kogito Ventures, S20 Fund, N50, as well as business angels Grzegorz Kaczor and Piotr Pajda. Puls Biznesu first reported on
Smart ring maker Oura eyes $10.9bn valuation, reports say Powered by WPeMatico https://sifted.eu/articles/smart-ring-maker-oura-eyes-10-9bn-valuation-reports-say/
‘Busier than I’ve ever seen it’: VCs pile into companies squeezing every inch of performance out of compute Powered by WPeMatico https://sifted.eu/articles/vcs-pile-into-companies-compute/