Good news from around Europe
Shellworks raises $15M to scale sustainable plastic alternative Vivomer London-based biomaterials company Shellworks has raised $15 million in a Series A funding round led by Paris-based impact investment fund alter equity. The round also included participation from Nat Friedman (NFDG) and JamJar, founded by the creators of Innocent Drinks, alongside
Bootstrapped to €500M: the story behind Kilo’s quiet rise — and its next billion-dollar bet As consumer health shifts toward longevity, quantified wellness and personalised nutrition, one of Europe’s fastest-growing health tech companies is repositioning itself for the next wave. Founded in 2013, Kilo Health — now rebranded simply as
Spain’s PLD Space raises €180M to scale satellite launch infrastructure International space transportation company, PLD Space, has closed a €180 million Series C equity funding round led by Mitsubishi Electric Corporation. The round included the Spanish Ministry of Science, Innovation and Universities, through the Centre for the Development of Technology
Oslo’s Photoncycle raises €15 million to enable households to store surplus summer solar power for winter use Photoncycle, an Oslo-based energy storage scaleup, has raised €15 million in Series A funding to enable households to store surplus summer solar power for winter heating and electricity. The round was led by
GHARAGE Ventures unveils €40 million Fund I, anchored by Gebr. Heinemann, to back travel and RetailTech startups Berlin- and Singapore-based independent venture capital platform GHARAGE Ventures today announced the launch of its inaugural fund to drive technological resilience in global travel and trade. Fund I amounts to €40 million and
Europe’s push for space autonomy gains momentum as Spain’s PLD Space secures €180 million Series C PLD Space, an Elche-based space transportation scale-up, has closed a €180 million Series C equity funding round to support its transition to commercial operations and the scaling of its industrial and launch capabilities. The
YC-backed Diligent AI raises €2.1 million to automate KYC and AML workflows using AI agents Diligent AI, a London-and Berlin-based startup building autonomous AI analysts for financial crime compliance, today announced that it has raised €2.1 million ($2.5 million) in Seed funding to expand its engineering capabilities and accelerate the
EU faces scrutiny as €5bn Scaleup fund shortlist nears Powered by WPeMatico https://sifted.eu/articles/eu-scaleup-fund-shortlist-scrutiny
UK pledges £40m for frontier AI research lab Powered by WPeMatico https://sifted.eu/articles/uk-ai-lab-sovereignty-frontier-kanishka-narayan
‘Rocket fuel for growth and burnout’: Inside startups’ wild dash to keep up with AI Powered by WPeMatico https://sifted.eu/articles/inside-startups-mad-dash-to-keep-up-with-ai