Paytrie Spinout Loon bags $3M to launch regulated Canadian Dollar Stablecoin

A new player is emerging in Canada’s digital finance ecosystem. Loon, a FinTech startup spun out of Toronto-based Paytrie, has raised $3 million CAD in pre-seed funding to take over and scale CADC, a Canadian dollar-backed stablecoin first launched by Paytrie in 2021.

Canada

Paytrie Spinout Loon bags $3M to launch regulated Canadian Dollar Stablecoin

Sweden

Cytely raises €3M to turn every Microscope into a Real-Time Data Engine

DeepTech startup Cytely has raised €3 million to accelerate the rollout of its smart microscopy platform, which transforms standard laboratory microscopes into real-time data analysis engines.

Spain

Iris Ventures secures €100M to back Purpose-Driven Consumer Brands across Europe

Growth equity firm Iris Ventures has announced the first close of its second fund, IRIS Fund II, raising €100 million toward a €200 million target to back the next generation of purpose-driven consumer and lifestyle brands across beauty, wellness, nutrition, longevity, and conscious living.

Spain

Aunoa raises €1.5M to scale Conversational AI Agents across Europe

Conversational AI startup Aunoa has secured €1.5 million in funding to expand its intelligent automation platform across Europe and strengthen its presence in high-volume customer engagement sectors.

United Kingdom

DeepTech Startup Immaterial raises €15.4M to scale Industrial Decarbonisation Platform

Advanced materials innovator Immaterial has raised €15.4 million in Series A2 funding to accelerate the commercial rollout of its monolithic metal–organic frameworks (m-MOFs) — a breakthrough material platform designed to cut costs and boost efficiency across industrial decarbonisation, carbon capture, and hydrogen storage.

France

Kotcha snaps €3.5M to bring Elite AI Coaching to every Runner

AI-powered running startup Kotcha has raised €3.5 million to make professional-grade coaching accessible to runners of all levels.

United Kingdom

Elevara Medicines raises $70M Series A to redefine Rheumatoid Arthritis Treatment

Clinical-stage biotech Elevara Medicines has raised $70 million in Series A financing to advance its novel therapies for rheumatoid arthritis (RA) and other chronic inflammatory diseases — marking one of Europe’s largest early-stage rounds in immunology this year.

Switzerland

Swiss Bitcoin App Relai secures MiCA License in France and expands regulated Bitcoin Access across Europe

Bitcoin-only investment app Relai has become one of the first Bitcoin-focused companies to obtain a MiCA license from France’s Autorité des Marchés Financiers (AMF) — a major step toward making regulated Bitcoin access available across the European Union.

Canada

Cybrid bags $10M USD Series A to bring Stablecoins into the Business Mainstream

Canadian fintech startup Cybrid has closed a $10 million USD Series A to accelerate adoption of stablecoin-based payments among financial institutions and enterprises — marking a major step toward mainstreaming blockchain-powered transactions in Canada.

Estonia

MarkeDroid raises €300K To scale its AI-Driven Distributed Energy Platform across Europe

Cleantech startup MarkeDroid has raised €300,000 in bridge funding to accelerate the rollout of its AI-powered distributed energy orchestration platform across Europe.

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Netherlands

Paytrie Spinout Loon bags $3M to launch regulated Canadian Dollar Stablecoin