Berlin, Germany – In a bold move towards revolutionizing how companies navigate the intricate web of carbon pricing regulations, Berlin-based startup kolum has secured €2.1 million in pre-seed funding. This significant investment, led by FoodLabs, aims to bolster kolum’s cutting-edge software solution designed to streamline compliance with the EU’s Carbon Border Adjustment Mechanism (CBAM). Introduced…
Dynelectro, a pioneering Danish cleantech firm specializing in sustainable energy solutions, has successfully raised €11 million in a recent investment round aimed at propelling its Dynamic Electrolyser Unit (DEU) technology to new heights within the green hydrogen sector. This funding initiative, led by the European Investment Bank (EIB) and Denmark’s Export & Import Fund Organisation…
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…
Brussels-based Soda has announced a significant milestone with the securing of €12.9 million in fresh funding, aimed at accelerating its expansion into the North American market and advancing its AI-powered data quality solutions. Led by key investors including Singular and Point Nine, this latest investment round underscores Soda’s pivotal role in revolutionizing data quality through…
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…
Canoe Intelligence (“Canoe”), a leading financial technology company specializing in alternative investment management, has secured $36 million in its Series C funding round led by Growth Equity at Goldman Sachs Alternatives. This substantial investment, with continued support from existing investors F-Prime Capital and Eight Roads, underscores Canoe’s pivotal role in transforming data management for institutional…
In a significant stride towards revolutionizing the treatment of abdominal aortic aneurysms (AAA), Endoron Medical has announced the successful closure of a $10 million Series A funding round. Led by Sofinnova Partners and bolstered by contributions from the European Innovation Council Fund, this funding marks a pivotal moment for Endoron as it accelerates the development…
NOWDiagnostics, Inc. (NOWDx), a pioneering developer of over-the-counter (OTC) and point-of-care (POC) diagnostic tests, has announced a significant milestone with the successful closure of a $22.5 million Series B financing round. Led by DigitalDx Ventures, alongside strategic investments from the Labcorp Venture Fund and Kompass Kapital Management, this funding is set to propel NOWDx to…
