July 7, 2024
Headlines

EUROPE

C12, the Quantum Computing Innovator Founded by Twin Brothers, Secures $19.4 Million in Funding

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C12 (https://www.c12qe.com/), the pioneering quantum computing startup co-founded by twin brothers Pierre Desjardins and Matthieu Desjardins, has secured an €18 million funding round ($19.4 million USD) to advance its cutting-edge quantum processor technology. Established in 2020 as a spin-off from the École Normale Supérieure’s Physics Laboratory, C12 focuses on leveraging carbon nanotubes to create next-generation…

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Avaneidi Raises €8M to Advance Secure Enterprise Storage Technology and Data Security

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Avaneidi, a Milan-based startup specializing in secure enterprise storage systems, has raised €8 million in a Series A funding round led by United Ventures. This investment highlights Avaneidi’s commitment to advancing solid-state storage technologies and enhancing data security, paving the way for a sustainable digital transition in industries worldwide. Avaneidi’s enterprise storage systems are built…

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atmio Secures €5.1 Million to Revolutionize Methane Emission Management for Natural Gas Industry

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Hamburg-based atmio, a pioneering climate tech startup, has secured €5.1 million in a seed round aimed at transforming how natural gas companies monitor and mitigate methane emissions. Led by Notion Capital with participation from SquareOne, HCVC, Robin Capital, and notable angel investors including Bernhard Mohr and David Rowan’s VOYAGERS Climate-Tech Fund, this funding marks a…

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Copilot Capital Launches $200M Fund to Propel European Software Startups

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London-based Copilot Capital has announced the establishment of a groundbreaking $200 million fund aimed at propelling the growth of European software startups into global leaders. Founded in partnership with The Friedkin Group’s investment division, this initiative marks a significant leap forward in fostering innovation and entrepreneurship across the continent. Copilot Capital’s mission is clear: to…

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Qblox Secures $26M Series A Funding to Propel Quantum Control Stack Development

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Qblox, a pioneering quantum technology firm renowned for its advanced quantum control stacks, has announced the successful closure of a $26 million Series A funding round. The investment, led by Quantonation and Invest-NL Deep Tech Fund, with participation from QDNL and the European Innovation Council (EIC), marks a significant milestone in Qblox’s journey towards advancing…

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iOnctura Raises EUR 80 Million to Propel Groundbreaking Cancer Treatments

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iOnctura, a pioneering biopharmaceutical company specializing in innovative cancer treatments, has secured EUR 80 million in Series B financing. This milestone funding round, led by Syncona Limited with participation from the European Innovation Council (EIC) Fund and existing investors, underscores iOnctura’s transformative strides in oncology. The investment will accelerate the development of iOnctura’s lead candidate,…

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Bisly Secures €6.2M Series A Funding to Propel Sustainable Building Automation Innovations Across Europe

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In a significant stride towards advancing sustainable building automation solutions, Tallinn-based startup Bisly has announced the successful closure of a €6.2 million Series A funding round. The funding round, was led by a consortium of visionary investors including Foxway founders Urvo Männama and Paul Padrik, alongside Aconterra, SmartCap Green Fund, Pinorena Capital, and notable angel…

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Eco.mio Secures Seven-Figure Seed Funding to Expand Sustainable Business Travel Solutions Across Europe

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Berlin-based B2B startup Eco.mio has raised a substantial seed funding round described as “low seven-figures,” marking a pivotal moment in its mission to revolutionize sustainable business travel practices. The financing round was led by prominent investors including IBB Ventures, Identity.vc, the Hans(wo)men Group, N&V Capital, Partners in Clime, and several individual backers. Founded in 2021,…

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Droppe Secures €3.9M Seed Funding to Revolutionize B2B Distribution Across Europe

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In a significant stride towards transforming B2B distribution across Europe, Finnish startup Droppe has announced the successful closure of a €3.9 million seed funding round. Led by esteemed early-stage venture capital firm OpenOcean, the funding round saw participation from notable figures including Miki Kuusi and Marianne Vikkula of Wolt, Ilkka Paananen of Supercell, and Robert…

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Forward Earth Secures EUR 3.2M Funding to Propel Global Expansion of AI-Powered Environmental Solutions

Editor03 mins

Forward Earth, a Berlin-based environmental software firm harnessing advanced AI technology, has successfully secured EUR 3.2 million in funding in its latest investment round. Spearheaded by prominent investors including Speedinvest, Revent, Lucid Capital, and notable figures Anna Alex and Benedikt Franke, this funding follows an initial EUR 2 million in pre-seed funding from private investors,…

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