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FarmDroid funding news -Danish-based FarmDroid Raises €10.5 Million in Funding
FarmDroid is a leader in making solar-powered robots for farming. The company has raised €10.5 million to help it grow globally. This funding round was led by Convent Capital, with support from EIFO and Navus Ventures, totaling nearly DKK 80 million. The FarmDroid robot can plant seeds, remove weeds and use less pesticide thanks to […]
October 22, 2024Smart Green Shipping funding news – Smart Green Shipping Secures £1Million from Drax
Drax Group is a top renewable energy company that has partnered with Smart Green Shipping. This partnership focuses on developing new wind-assisted FastRig technology to help reduce emissions in the shipping industry. The UK Government’s Clean Maritime initiative awarded a matching grant to a project in which Drax invested £1 million. This project aims to […]
October 22, 2024Oxla funding news – Polish-based Oxla Secures €10.15 Million in Seed Funding
Oxla is a company revolutionizing database technology has raised €10.15 million in seed funding to improve high-volume data processing. Investors include TQ Ventures, Lead Ventures, Warsaw Equity Group and 4Growth VC. Utilization of fund The funds will help Oxla speed up commercialization and enhance product development aiming to challenge industry leaders and meet the needs […]
October 22, 2024Authologic funding news – Poland-based Authologic Secures $8.2 Million in Series A Round Funding
Authologic is a global digital identity verification platform with secure e-ID solutions streamlined KYC and AML processes. It has secured a series A round funding of $8.2m. OpenOcean has led the funding round and sees YCombinator, Peak Capital and SMOK VC, a US fund investing in top CEE entrepreneurs, including in the round. Challenges of […]
October 22, 2024terralayr funding news – Switzerland-based terralayr Secures €77 Million in Funding
Terralayr, a company that develops renewable battery storage systems. It has recently secured €77 million in funding. This funding consists of €62 million in equity and €15 million in debt funding, with contributions from Creandum, Earlybird (known for backing Involve and Grand Games), Norrsken VC, Picus Capital, and Rive Private Investment. Purpose of Fundraising The […]
Reneweable Energy October 22, 2024Industry Insights
RECENT ARTICLES
Europe Weekly Startup Funding News Report For Monday, 21 October 2024 to Saturday, 26 October 2024
Weekly Startups Funding News [Monday, 21 October 2024 to Saturday, 26 October 2024] Weekly Funding Roundup: Each week, we put out a report called Weekly Startups Funding News that summarises all the startups that raised funding that week. This report offers a brief overview of the most recent developments in the startup financing ecosystem by […]
Weekly Funding October 22, 2024Siloton funding news – UK-based Siloton Secures £860K in Seed Funding
Siloton, the Bristol-based health technology start-up, secures £860K in seed funding to progress the commercial roll-out of its groundbreaking eye imaging chip technology, which could help address the UK’s most common cause of sight loss. The funding package will help Siloton to further develop its Akepa optical coherence tomography (OCT) chip technology and bring a […]
Healthtech October 21, 2024Elixirr acquisition news – UK-based Elixirr Acquired Hypothesis
Elixirr, a consulting firm, has acquired Hypothesis, an insights and strategy firm based in Los Angeles, CA. The amount of the deal was not disclosed. The acquisition will provide Elixirr’s client base with unique capabilities. Hypothesis’ client portfolio, with a specific focus on the consumer, technology, and entertainment industries, complements Elixirr’s established strategy, digital, data, […]
October 21, 2024DataCrunch.io funding news – Helsinki-based DataCrunch.io Secures €12 Million in Seed Funding
DataCrunch, a European provider of AI computing infrastructure, has secured €12 million in seed funding led by byFounders. The funding will scale infrastructure as the company sets out to become Europe’s first hyperscaler, enhancing service delivery for AI companies by providing increased computing capacity. Other participants in the round include J12 Ventures and several prominent […]
AI October 21, 2024Candix funding news – Paris-based Candix Raises €185k in Funding
Candix, a hiring marketplace, has raised €185k from top operators such as Thibaud Elziere, Paul Vidal, Sofiane Bouhali, and Sophie Riottot. The company aims to test the US market after a successful launch in France. The current AI gold rush is causing many big tech engineers to secretly desire to leave their high-paying jobs and […]
October 21, 2024