Plexigrid secures €6.5M from European Innovation Council for Electric Grid Innovation

Plexigrid, a Stockholm-based innovator in electric grid technology, has announced a €6.5M funding boost from the European Innovation Council (EIC) Accelerator Programme. This investment underscores Plexigrid's commitment to revolutionizing the energy sector and addressing the challenges of transitioning to renewable energy sources.

Sweden

Plexigrid secures €6.5M from European Innovation Council for Electric Grid Innovation

Germany

ENVIRIA raises over $200M from BlackRock for renewable Energy Expansion

ENVIRIA, a Frankfurt-based provider of decentralized energy solutions for commercial and industrial sectors, has announced securing over $200M (approximately €185M) in equity investment from BlackRock. The investment, made through BlackRock's Global Renewable Power IV (GRP IV) fund, aims to support the expansion of ENVIRIA's existing portfolio of 500 solar projects

World’s Inspiring Leaders

Frédéric Mazzella: Driving Innovation and Connectivity on the Roads of Europe

In the series "World's Inspiring Leaders," Frédéric Mazzella's story stands out as a testament to the transformative power of vision, innovation, and a deep commitment to sustainable transportation. As the founder of BlaBlaCar, Mazzella has not just created a business; he has revolutionized how people think about travel, community, and

France, United States

Microsoft invests €15M in French AI Company Mistral AI amid EU Scrutiny

Mistral AI, a Paris-based company specializing in generative artificial intelligence, has announced a significant €15M investment from Microsoft. This investment is part of a partnership aimed at providing developers with greater access to Mistral AI's technology, including its flagship product, Mistral Large, a language model designed to rival top-tier models

France

Filigran secures €15M in Series A Funding to enhance Cybersecurity Efforts

Filigran, a Paris-based cybersecurity firm, has successfully raised €15M in a Series A funding round, following a €5M seed funding just six months prior. This round was led by Accel, with participation from existing investors Moonfire Ventures and Motier Ventures.

Netherlands

Vini Mini from the Netherlands secures Investment from Donor Impact Invest Fund

Vini Mini, an Amsterdam-based startup focused on preventing food allergies in babies through nutritional products and supplements, has announced securing funding from the Donor Impact Invest Fund (DIIF). The investment will be utilized to accelerate the growth of Vini Mini's platform.

United States

Gradial secures $5.4 Million to integrate AI into Enterprise Marketing Workflows

Gradial, an innovative artificial intelligence startup, has announced a $5.4 million seed funding round led by Madrona, with contributions from General Advance, Outsiders Fund, and Space Capital.

Sweden

Polestar secures €877M in Funding to fuel next Development Stage

Polestar, the Gothenburg-based premium electric vehicle manufacturer, has announced securing a substantial $950M (approximately €877M) through a three-year loan facility. This strategic financial boost was provided by a consortium of 12 leading international banks, including BNP Paribas, Natixis, Standard Chartered, BBVA, HSBC, and SPDB, marking a significant milestone in the

Austria

Ecoligo raises €11M to lead Global Clean Energy Transition

Ecoligo, a Berlin-based company at the forefront of the clean energy transition, has announced an oversubscribed funding round of €11M. The round was led by existing investors and welcomed two new investors: The Energy Entrepreneurs Growth Fund, supporting companies in the energy access ecosystem in Sub-Saharan Africa, and Gaia Energy

Austria

CycloTech secures €20M for revolutionary Aviation Propulsion System

CycloTech, an Austrian aviation technology innovator, has announced a significant €20 million investment from Breeze Invest and Konos Holding. This funding marks a crucial step in the development of the first full-scale prototype of the CycloRotor propulsion system, with an overall financing target of €53 million set for 2024.

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Netherlands

Plexigrid secures €6.5M from European Innovation Council for Electric Grid Innovation