Good news from around Europe
Generare secures €20M to scale molecular discovery platform Generare, a Paris-based biotechnology company focused on generating molecular data for drug development, has raised €20 million in a Series A funding round. The round was co-led by Alven and Daphni, with participation from existing investors including Galion.exe, Teampact Ventures, and VIVES
Covalo lands €3.5M funding extension to advance personal care data platform Covalo, a Switzerland-based platform for ingredient discovery and data management in the personal care industry, has raised €3.5 million in a funding extension. The round was led by Hi Inov, with participation from existing investors HTGF and seed+speed Ventures.
New Belgian AI platform Backbone aims to cut costly quality failures in food production Former managers at Belgian legaltech scale-up Henchman are launching Backbone, an AI platform for real-time quality and compliance management in the food industry, with Seed funding from 100IN. Backbone consolidates fragmented data, from supplier documents to
UK government-backed fund aimed at backing female founders reaches £130m first close The flagship fund of a UK government-backed initiative addressing the shortage of equity capital for women in the UK who are building businesses has reached a £130m first close of the fund, it said today. The “Women Backing
Tiny VC partner Philipp Moehring on when to take money off the table Powered by WPeMatico https://sifted.eu/articles/tiny-vc-philipp-moehring-sifted-podcast
UK’s flagship fund of funds backing female investors and founders announces first close at £130m Powered by WPeMatico https://sifted.eu/articles/female-founder-fund-of-funds-uk-first-close
Over 100 startups left waiting for cash after EU-funded body collapses Powered by WPeMatico https://sifted.eu/articles/eit-manufacturing-liquidation
How many government AI initiatives is too many? Powered by WPeMatico https://sifted.eu/articles/uk-government-ai-initiatives
Amazon hits sellers with ‘fuel surcharge’ as Iran war roils global energy markets The e-commerce giant called the surcharge “temporary” but couldn’t give a date for when the policy would be retired. Powered by WPeMatico https://techcrunch.com/2026/04/02/amazon-hits-sellers-with-fuel-surcharge-as-iran-war-roils-global-energy-markets/
Telehealth giant Hims & Hers says its customer support system was hacked The U.S. telehealth giant says hackers stole customer support ticket data over the course of several days in February. Powered by WPeMatico https://techcrunch.com/2026/04/02/telehealth-giant-hims-hers-says-its-customer-support-system-was-hacked/