E-commerce operating startup Swap raises $100M

E-commerce operating startup Swap raises $100M London-headquartered e-commerce operating startup Swap has raised $100m in a Series C funding round. The round was co-led by existing investor Iconiq and DST Global. The Series C follows around nine months after Swap’s Series B round, when it raised $40m led by Iconiq.

Biographica raises £7M to expand AI crop design globally

Biographica raises £7M to expand AI crop design globally London-based Biographica, an agricultural biotechnology company, has raised £7 million in a funding round led by Faber VC, with participation from SuperSeed, Cardumen Capital, The Helm, EQT Foundation, and Sie Ventures. The round also included existing investors Chalfen Ventures, Entrepreneurs First,

Bunq reapplies for US banking licence

Bunq reapplies for US banking licence Bunq, the Dutch challenger bank which targets tech-savvy customers who live and work in multiple countries, has reapplied for a US banking licence, as it looks to target US metropolitan areas with its banking services. The Dutch neobank, which has more than 20 million users in

European Tech.eu Pulse: key trends and investment in December

European Tech.eu Pulse: key trends and investment in December At Tech.eu, we keep track of the investment landscape with data-driven insights.   Our Tech.eu Insiders enjoy unlimited, exclusive access to all our content, including market-intelligence analysis, reports, articles, and useful insights on tech trends and developments.  But we know that a

4Founders Capital launches €60 million Hospitality fund against backdrop of strong hotel investment flows in Spain

4Founders Capital launches €60 million Hospitality fund against backdrop of strong hotel investment flows in Spain Barcelona-based pre-Seed manager 4Founders Capital today announced they will be taking a new step forward after surpassing €130 million in AUM with the launch of their first fund specialised in hotel real estate; 4Founders

Amgen acquires Oxford-based Dark Blue in deal worth up to €718 million to advance leukemia programme

Amgen acquires Oxford-based Dark Blue in deal worth up to €718 million to advance leukemia programme Dark Blue Therapeutics, a British discovery and development BioTech company innovating the next generation of precision oncology medicines, has been acquired by US-based global BioTech company Amgen, in a transaction valued at up to

Global food security concerns drive €8 million raise for London’s AgTech startup Biographica

Global food security concerns drive €8 million raise for London’s AgTech startup Biographica Biographica, a British AI startup innovating how the agricultural industry develops new crop varieties, today announced an €8 million (£7 million) funding round to accelerate the creation of climate-resilient, productive and nutritious crops – addressing global food

Female-led Dutch startup ShanX Medtech secures €24 million to combat antimicrobial resistance

Female-led Dutch startup ShanX Medtech secures €24 million to combat antimicrobial resistance Eindhoven-based MedTech startup ShanX Medtech (SXM), which provides in-vitro diagnostic platforms for antibiotic susceptibility testing, has closed a €15 million Seed funding round to scale, boost clinical validation, and prepare for market launch.  The oversubscribed funding round includes

Vienna’s Vitrealab closes €9.4 million Series A to develop light engines for AR glasses

Vienna’s Vitrealab closes €9.4 million Series A to develop light engines for AR glasses Vienna-based Vitrealab, a developer of Photonic Integrated Circuits (PICs) for laser-based augmented reality (AR) display systems, has closed a €9.4 million ($11 million) Series A financing round to accelerate the development of its Quantum Light Chip

Elon Musk’s xAI raises $20B for Colossus supercomputer and Grok improvements

Elon Musk’s xAI raises $20B for Colossus supercomputer and Grok improvements Elon Musk’s AI startup xAI announced the completion of its Series E funding round, raising $20 billion. This significantly exceeds the initial target of $15 billion. Investors include Valor Equity Partners, Stepstone Group, Fidelity Management & Research Company, as