Good news from around Europe
Monava closes funding round as demand for passive drone detection grows Swedish-Finnish defencetech Monava, which specialises in acoustic drone detection, has closed an investment round with Gungnir Capital as the largest investor, together with Foundry Ventures and Hede Capital. Monava combines advanced acoustics with AI to detect, track and classify
AEM secures £16M to accelerate rare earth-free electric motor innovation Advanced Electric Machines Group (AEM), a UK-based manufacturer of rare earth and magnet-free electric motors, has secured £16 million of funding to support the expansion of its product portfolio and accelerate development of new electric propulsion solutions. Its technology is
10x Banking banks £40M in debt and equity raise The UK fintech founded by a former Barclays bank CEO, which provides banking technology for JP Morgan’s UK digital bank, has secured £40m in new funding. 10x Banking, founded by former Barclays CEO Antony Jenkins, provides core, cloud banking software for
Zürich-based Exclaim Robotics exits stealth with €4.29 million to build robots for AI data centre maintenance Exclaim Robotics, a Zürich-based startup building robots to maintain AI data centres, has exited stealth mode with a €4.29 million ($4.95 million) pre-Seed round co-led by Founderful and Playfair. The company is building autonomous
€40K investment and investor know-how: AceON Accelerator opens applications for its 6th international program (Sponsored) After five successful programmes, AceON Accelerator has already supported more than 100 startups from over 20 countries, helping founders transform early-stage ideas into companies ready for growth. As a private, sector-agnostic accelerator established by international
Paris-based Shiplog raises over €807.6K to build agentic customer intelligence for personalisation at scale Shiplog, a Paris-based startup building agentic customer intelligence for personalisation at scale, has raised over €807.6k ($930k) in pre-Seed funding to build what it believes will become the intelligence layer behind every customer interaction on the
The future of private investment platforms: Raising capital is only the beginning In the first article in this series, we explored why founders should think of fundraising as a capital strategy rather than simply a way of financing growth. In the second, we looked at how private investing has matured
Female-founded AI LegalTech startup Aavalynx raises €1.75 million to bring “death to disputes” Aavalynx, an AI-powered intelligence platform for dispute resolution cases, has raised €1.75 million (£1.5 million) in pre-Seed funding to help enterprises tackle the financial risk of legal disputes. The round was led by Omega Ventures, with participation
Spider-Man: Brand New Day grossed $932 million in its opening weekend The film “Spider-Man: Brand New Day” set a box office record in its opening weekend. This was reported by Variety. In its first three days the movie grossed $932 million worldwide. More about the film’s box office Worldwide, the
A16z backs HappyRobot at $1.2bn valuation Powered by WPeMatico https://sifted.eu/articles/a16z-happyrobot-1-2bn