Helsing, a pioneering defence AI company based in Munich, has set a new milestone with a monumental €450 million funding round. General Catalyst led this Series C financing, underscoring Helsing’s pivotal role in advancing AI-driven solutions for national security. Strategic investors including Saab, Elad Gil, Accel, Lightspeed, Plural, and Greenoaks also participated, reflecting strong industry…
Arkion, formerly known as Skyqraft and renowned for its leadership in asset analytics for power grids, has raised $4 million in its latest funding round. This milestone follows its strategic rebranding, doubling down on its commitment to revolutionize energy infrastructure inspections. Founded with a vision to support power grid owners in achieving a net-zero future,…
In a significant move towards advancing ethical AI practices, trail, a pioneering AI governance startup based in Munich, has successfully secured €1.45 million in a pre-seed funding round. Led by CapitalT, a prominent early-stage investor, the funding round also saw participation from NP-Hard Ventures, Mozilla Ventures, Common Magic, and several business angels. This substantial investment…
The European space industry has received a momentous boost with the announcement of a substantial €170 million investment fund by Alpine Space Ventures. This venture capital firm, led by industry veterans Bulent Altan and Joram Voelklein, aims to catalyze the next wave of innovation in space technology across Europe. Alpine Space Ventures’ strategic focus is…
Exein, a Rome-based cybersecurity firm specializing in embedded Internet of Things (IoT) devices, has marked a significant milestone with the announcement of €15 million in Series B funding. The round, led by cybersecurity and infrastructure software specialist 33N, positions Exein to redefine global standards in device-level security. Unlike traditional cybersecurity approaches that focus on network…
Hanover-based HERO Software has achieved a significant milestone in its journey to revolutionize the tradesmen SME sector across Europe. The company, known for its innovative SaaS platform tailored to the needs of tradesmen in Germany, Austria, and Switzerland, has secured €40 million in Series B funding. This investment, led by Eight Roads Ventures with participation…
HepaRegeniX GmbH, a pioneering clinical-stage biotechnology firm specializing in regenerative therapies for liver diseases, has announced the successful closure of a Series C funding round totaling €15 million. Led by Vesalius Biocapital IV and supported by existing investors including Novo Holdings, Boehringer Ingelheim Venture Fund (BIVF), and High-Tech Gründerfonds (HTGF), this investment will accelerate the…
Granta Autonomy, a pioneering startup specializing in autonomous UAVs for intelligence, surveillance, and reconnaissance (ISR) missions, has announced the successful completion of a €1 million seed funding round. Led by ScaleWolf VC, a prominent Lithuanian dual-use tech VC Fund, the funding round also saw participation from Brolis Defence and HFL Holdings. This capital infusion will…
In a significant move poised to redefine the landscape of quantum computing accessibility, Kipu Quantum GmbH has announced the acquisition of PlanQK, the pioneering German quantum computing platform developed by Anaqor AG. This strategic integration brings together two leaders in the field, aiming to accelerate the development and deployment of industrially relevant quantum solutions worldwide….
In a significant development for the future of computing, German quantum computing company planqc has secured €50 million in a Series A funding round. This substantial investment, led by the European Family Office CATRON Holding and the DeepTech & Climate Fonds (DTCF), propels planqc to the forefront of the global race to develop fault-tolerant quantum…
