Lucid Green, a leading Smart Product Identifier (SPI) platform in the cannabis industry, has secured $1.4 million in funding aimed at accelerating its growth and expanding into new markets. This recent funding round underscores Lucid Green’s ongoing success in revolutionizing how cannabis products are managed throughout the supply chain, following its significant Series B funding…
Utrecht-based boutique game publisher Mystic Forge has announced a significant milestone with the securing of €2M in fresh funding from ForsVC and ROM Utrecht Region. The funding, formalized during INDIGO 2024 in Utrecht, marks a pivotal moment for the company as it prepares to expand its gaming portfolio and reinforce its presence in the global…
Antler, a stalwart in supporting European startups, has secured a pivotal €5 million investment from SmartCap Venture Capital Fund into its Nordic Fund II. This move not only highlights SmartCap’s dedication to fostering early-stage innovation but also strengthens Antler’s footprint in Estonia, a burgeoning hub for tech excellence. Over the past half-decade, Antler has backed…
Edinburgh, Scotland-based startup Wordsmith has announced a significant milestone in its journey towards transforming the legal landscape with AI-powered solutions. Led by a €4.6M seed funding round, spearheaded by Index Ventures and supported by General Catalyst, Felix, Yellow, and S16vc, the company aims to enhance in-house legal operations across enterprises worldwide. Founded in 2023 by…
Ciphix, a Rotterdam-based hyperautomation specialist, has solidified its position as a key player in Europe’s tech landscape with the acquisition of Bizzomate, a leading provider of low-code software solutions based in Limburg. This strategic move underscores Ciphix’s ambition to lead the hyperautomation sector across the continent. Koen Mallee, CEO of Ciphix, highlighted the significance of…
Moniti, a dynamic startup from Poland specializing in deskless team management solutions, has successfully raised $450,000 (1.8 million PLN) in funding to bolster its innovative app development. Catering to industries where over 80% of the global workforce operates without a desk, Moniti’s platform integrates HR processes, team supervision, task delegation, and personnel logistics into a…
Altrove, a cutting-edge deeptech startup founded in early 2024, has successfully raised €3.7 million in a Pre-Seed funding round led by Contrarian Ventures, emblematic of a growing global interest in sustainable technology solutions. This funding marks a pivotal moment for Altrove as it accelerates the development of alternatives to critical rare earth elements (REEs), essential…
In a significant move to bolster its enterprise AI offerings, Squirro, a prominent Swiss SaaS platform, has acquired Synaptica, a leading US-based provider specializing in enterprise taxonomy management and knowledge graph systems. This strategic acquisition aims to integrate Synaptica’s advanced semantic graph technology with Squirro’s cutting-edge generative AI capabilities, paving the way for enhanced knowledge…
Spanish startup Citibox has successfully raised €80 million in debt funding, led by Growth Credit Partners (London) and CoVenture (New York), marking a significant milestone in its mission to expand its network of smart mailboxes throughout Spain. Founded in 2016, Citibox specializes in smart mailbox solutions installed within residential buildings, ensuring successful postal deliveries and…
Rare Beauty Brands, in collaboration with JCPenney, announces the inaugural LIFT Beauty Accelerator program aimed at empowering female-identifying founders from Black and Brown communities within the beauty industry. This initiative, supported by prestigious sponsors including Black Beauty Collective and Black Girl Ventures, seeks to foster innovation and inclusivity by offering financial grants, retail opportunities, and…
