Innatera from the Netherlands raises additional €4.6M to advance Neuromorphic Processors

Netherlands-based Innatera, a developer of ultra-low power intelligence for sensors, has secured an additional €4.6 million ($5 million) in its Series A funding round. This brings the total raised to €19.58 million ($21 million), following an initial €14.92 million ($16 million) announced in March 2024.

Netherlands

Innatera from the Netherlands raises additional €4.6M to advance Neuromorphic Processors

Denmark

Quantum Computing Startup Kvantify from Denmark secures €10M to accelerate Growth

Copenhagen-based quantum software startup Kvantify has secured €10 million in a seed funding round led by Danish venture capital firm Dreamcraft. The round also saw participation from Lundbeckfonden BioCapital, 2degrees, Redstone VC, 2xN, and EIFO.

Germany

Legal Tech Startup Wordsmith from Scotland raises €4.6M from Index Ventures and Others

Edinburgh-based legal tech startup Wordsmith has successfully raised €4.6 million ($5 million) in a seed funding round led by Index Ventures. The round also saw participation from General Catalyst, Felix, Yellow, and S16vc.

Germany

Taxfix from Germany acquires TaxScouts from London to expand Market Reach

Berlin-based financial tax platform Taxfix has announced its acquisition of London-based TaxScouts, a company specializing in accountant-assisted digital tax filing. This strategic move marks Taxfix’s entry into the UK market and strengthens its position in European financial technology, extending its services across Germany, the UK, Spain, and Italy.

Germany

Vytal from Germany raises €6.2M to revolutionize Reusable Packaging Solutions

Germany-based Vytal, a leader in software-enabled reusable packaging solutions, has raised over €6.2 million in a growth funding round. The investment, led by Emerald through its Sustainable Packaging Innovation Fund, also saw contributions from Ventis, Grazia Equity, Kiko Ventures, Rubio Impact Ventures, and Chi Impact Capital.

Sweden

Meela from Sweden secures €2.6M to revolutionize Mental Health Matchmaking

othenburg-based mental health platform Meela has successfully raised €2.6 million in a seed funding round led by Dutch venture capital firm Peak. Existing investors The Inner Foundation, Unconventional Ventures, and Calm/Storm also participated in the round.

France

OSS Ventures from France secures €8.5M to drive Industrial Innovation

Paris-based industrial startup studio OSS Ventures has announced a successful €8.5 million funding round, raising its total capital to €11 million. This investment will enable OSS Ventures to support five startups each year, focusing on their expansion across Europe and the US, with a goal to attract a substantial international

Netherlands

Axelera AI from the Netherlands secures $68M to Expand in North America, Middle East, and Europe

Eindhoven-based Axelera AI, a leading provider of AI hardware acceleration technology for generative AI and computer vision, has raised €63.5 million ($68 million) in a recent funding round.

Finland

Valpas from Finland secures €4M to ensure Bedbug-Free Stays for Hotels

Helsinki-based Valpas, a tech company specializing in pesticide-free solutions to keep hotels bedbug-safe, has announced a successful €4 million seed funding round. The investment was led by Zenith VC, with participation from Icebreaker VC, Finnish Industry Investment, Canon Marketing Japan MIRAI Fund, Activum SG Ventures, Houghton Street Ventures, Rockaway Ventures,

United Kingdom

Climate X from London secures €16.8M led by Google Ventures to enhance Climate Risk Intelligence

London-based climate risk intelligence firm Climate X has secured €16.8 million ($18 million) in a Series A funding round led by Google Ventures (GV). This investment will accelerate Climate X’s global expansion and help financial organizations assess the impact of climate change on their physical asset portfolios.

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Denmark

Innatera from the Netherlands raises additional €4.6M to advance Neuromorphic Processors