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Munich-based IDnow lands new €60 million debt facility to power up expansion plans

Munich-based IDnow has just scored €60 million to fuel its expansion. A leading provider of identity proofing and digital identity solutions, the startup has ambitious growth plans that have now received a push in the right direction.  Founded in 2014, IDnow has developed an identity verification platform that is now one of the sector leaders in Europe, […]

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Stockholm-based Bemlo bags over €3.2 million to tackle the European healthcare labour shortage

Getting a capital injection of over €3.2 million, Swedish startup Bemlo is aiming to tackle the growing labour shortage in Europe’s healthcare systems. The company is now aiming to expand into new markets.  Across Europe, healthcare systems are under immense pressure. A combination of having to manage a global pandemic, funding gaps and inefficient processes have left […]

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Nottingham spinout Cheesecake Energy sells £3.5m slice to investors

Nottingham-based Cheesecake Energy has raised £3.5m in a pre-series A round to begin pilot deployments of its green energy storage technology. Cheesecake Energy is developing modular energy tech that stores electricity as heat and compressed air, which the startup claims can “displace” lithium-ion batteries in applications such as agriculture and transport. To store electricity, electric […]

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AI-powered marketing platform Growth Intelligence raises £1.5m

Digital marketing platform Growth Intelligence has secured £1.5m in funding from Shard Credit Partners’ new UK tech fund. Specialising in digital campaigns for B2B marketers, Growth Intelligence uses an AI platform to help clients target their respective markets. The platform stores marketing data and combines the successes and failures of previous campaigns to determine the […]

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Skyports secures £2.56 million Series B investment led by ST Engineering Ventures

Skyports, the Advanced Air Mobility (AAM) vertiport infrastructure and drone services provider, has completed the final close of its Series B capital raise with fresh investment from ST Engineering through its Corporate Venture Capital unit, ST Engineering Ventures.   ST Engineering, which has over 45 years of experience in the aerospace industry, will join as the final […]

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Czech startup Kontent.ai picks up over €39 million to bring the power of AI to CMS

Brno-based Kontent.ai has just secured over €39 million for its AI-based approach to content management systems (CMS). The startup is now a standalone enterprise for the first time.  In the digital era, content is one of the top priorities for marketing teams. Businesses are now increasingly looking to how they can diversify content and want their content […]

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Stockholm-based Quartr extends seed round to €7 million to revolutionize investor communications

With an app that democratizes access to critical company information, Stockholm-based startup Quartr has just picked up an additional €2.5 million, taking its total seed round to about €7 million.  Inflation, market turbulence and economic pessimism are just some of the terms being thrown around at the moment. It’s an investment environment that has meant accessing company […]

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Paris-based fintech startup Hero scores €12.4 million for its full-stack payments solution

Taking a fresh perspective on the payments chain, fintech startup Hero has raised €12.4 million for its full-stack solution. The Paris-based startup is specifically targeting B2B SME’s with its innovative product.  The payments space is continuing to experience lots of innovation this year. From BNPL solutions to embedded finance solutions, it’s the fintech sector that seems just […]

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Spanish edtech startup Twenix picks up €3.5 million to enhance professional language skills

Almería-founded edtech startup Twenix has just picked up €3.5 million. The company is helping break down language barriers with a digital approach and is now planning further expansion across Southern Europe. Part of the richness of European culture is the variety of languages and dialects found across the continent. One can drive a couple of hours and […]

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Copenhagen-based Medusa scores €7.98 million to build a fresh open-source ecommerce platform

Ecommerce startup Medusa has just scored about €7.98 million in Seed funding. The Copenhagen-founded team are taking a fresh approach to ecommerce platforms, with a developer-first open-source approach.  Ecommerce has been a rapidly growing vertical across Europe in the past few years. Fuelled by an accelerated digital transformation across industries, almost all commerce now has taken to […]

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