MATR from Denmark secures €20M from EIB to scale Production of Plant-Based Meat Alternatives

MATR, a Copenhagen-based foodtech startup, has signed a €20 million loan agreement with the European Investment Bank (EIB) to expand its production of plant-based meat alternatives. Led by CEO Randi Wahlsten, MATR aims to increase the production capacity of its clean-label, fungi-based meat alternatives to over 3,000 tonnes per year.

Denmark

MATR from Denmark secures €20M from EIB to scale Production of Plant-Based Meat Alternatives

Sweden

Battolyser Systems secures €30M to scale Green Hydrogen Production in Europe

Schiedam-based Battolyser Systems, a developer of the world’s first electrolyser with integrated battery functionality, has raised €30 million in a Series A funding round.

Sweden

Wingbits secures $3.5M Seed Round to incentivize Flight Tracking Community via Blockchain

Stockholm-based startup Wingbits has secured $3.5 million in an oversubscribed seed funding round to expand its blockchain-based flight tracking platform. The round was led by US VC firms Borderless Capital and Tribe Capital, with support from Antler, an early backer of the startup. Wingbits aims to reward flight tracking enthusiasts

Scotland

Solasta Bio secures €12.6M to develop Eco-Friendly Bioinsecticides

Glasgow-based Solasta Bio, an agri-biotech company specializing in green insecticides, has raised €12.6 million in an oversubscribed Series A funding round. The round was led by Forbion’s BioEconomy fund, with co-leads FMC Ventures and Corteva Inc., and participation from existing investors such as Cavallo Ventures, Scottish Enterprise, and the University

Canada

Spare from Vancouver secures $42M Series B to expand Paratransit Solutions Globally

Spare, a Vancouver-based transit software startup, has raised $42 million in a Series B funding round led by Inovia Capital, with participation from Kensington Capital and Nicola Wealth. The funding will be used to expand Spare’s global reach into more transit agencies, enhance its AI-driven platform, and meet growing demand,

Canada

NPower Canada secures $4 Million to prepare underrepresented Youth for Tech Careers

NPower Canada, a tech training charity, has secured $4 million from the Government of British Columbia to expand its Canadian Tech Talent Accelerator (CTTA) program. The initiative focuses on upskilling underrepresented youth for careers in the tech industry, particularly in areas like cybersecurity and artificial intelligence.

Germany

Retraced from Germany raises €15M to boost Sustainability in Fashion Supply Chains

Düsseldorf-based SaaS platform Retraced has raised €15 million in a Series A funding round led by Partech, with participation from existing investors Alante Capital, Alstin Capital, Samaipata, and F-Log Ventures. The funding will be used to enhance Retraced's platform, which focuses on improving sustainability management and transparency in the fashion

Netherlands

Churned from the Netherlands secures €2.5M to enhance AI-Driven Customer Retention for Subscription Businesses

Churned, an Amsterdam-based AI platform focused on customer success for subscription businesses, has raised €2.5 million in a funding round led by Newion and Volta Ventures, with additional backing from existing investor Goldfish.

Poland

Petsy secures over €1 million from business angel to revolutionize pet care and expand across Europe

Polish startup Petsy, which has been on the market for more than two years, recently raised more than one million euros in funding from business angels. The company, a leader in pet care services in its home country, currently has more than 90,000 registered users, and its platform was used

Hungary

PastPay from Hungary secures €12M to expand Flexible B2B Payment Solutions across Europe

Budapest-based fintech company PastPay has raised €12 million in a Series A funding round led by Platina Capital, marking the largest B2B Buy Now, Pay Later (BNPL) raise in Central and Eastern Europe (CEE).

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Netherlands

MATR from Denmark secures €20M from EIB to scale Production of Plant-Based Meat Alternatives