Northvolt former CEO: “Emotionally tough” raising funds for new venture

Northvolt former CEO: “Emotionally tough” raising funds for new venture The former CEO of bankrupt battery maker Northvolt said it was “emotionally tough” raising funds for his new venture, after the demise  of the Swedish battery maker, which collapsed with debts of $5.8bn. Peter Carlsson, the co-founder and former CEO of Northvolt,

seed+speed Ventures closes €90M Fund III, tripling its original target

seed+speed Ventures closes €90M Fund III, tripling its original target seed+speed Ventures, the Berlin-based early-stage fund led by Carsten Maschmeyer and Alexander Kölpin, has closed its fundraising at €90 million.  The original planned target size for this third fund was €30  million. With investor approval, the hard cap was increased

Nestlé, PepsiCo and L’Oréal among brands using Dragonfly AI as it raises €5.7 million for predictive AI

Nestlé, PepsiCo and L’Oréal among brands using Dragonfly AI as it raises €5.7 million for predictive AI Dragonfly AI, a London-based innovator in AI-powered creative testing, has announced a €5.7 million (£5 million) investment to further advance its neuroscience-led technology, which takes a “fundamentally different approach to AI“. The round

Sweden’s MedVasc raises €2.2 million for anesthesia catheter as it moves toward US approval

Sweden’s MedVasc raises €2.2 million for anesthesia catheter as it moves toward US approval Lund-based MedVasc has raised €2.2 million through subscriptions exclusively from existing shareholders, as well as completing production and testing activities for their anesthesia catheter Solutio, advancing toward FDA clearance. This follows May 2025’s €917k financing round,

After raising nearly €60 million in 2025, London’s Sokin bags additional €83 million for its payments platform

After raising nearly €60 million in 2025, London’s Sokin bags additional €83 million for its payments platform Sokin, a British business payments company, has secured a €83 million ($100 million) long-term debt facility from Oxford Finance LLC to accelerate their expansion across North America, Asia, the Middle East, and South

Polish robotics startup Nomagic secures €8.3 million to scale Physical AI operations in the US

Polish robotics startup Nomagic secures €8.3 million to scale Physical AI operations in the US Nomagic, a Warsaw-based warehouse robotics company that applies general-purpose Physical AI to optimise warehouse operations, today announced an €8.3 million ($10 million) Series B extension to accelerate its commercial operations in the U.S. The round

The Innovation Award 2026: A platform for visibility, networks, and sustainable growth (Sponsored)

The Innovation Award 2026: A platform for visibility, networks, and sustainable growth (Sponsored) Founded three years ago by Winfried Vogt and Christina Paap, the Innovation Award was created with a clear objective: to give innovative founders access to what often makes the decisive difference for early-stage success. Visibility, recognition, and

SoftBank is negotiating an investment of up to $30 billion in OpenAI — Reuters

SoftBank is negotiating an investment of up to $30 billion in OpenAI — Reuters Japan’s SoftBank Group is discussing the possibility of investing an additional $30 billion in OpenAI. This was reported by Reuters, citing an informed source. If the deal goes through, it will be part of a massive