Cybersecurity remains a field with a significant demand for skilled professionals. With the advent of generative AI and the looming future of quantum computing, the need for security experts in the tech world is set to skyrocket.
Cybersecurity remains a field with a significant demand for skilled professionals. With the advent of generative AI and the looming future of quantum computing, the need for security experts in the tech world is set to skyrocket.
Irish startup Nory has raised $16 million in a Series A funding round to further develop its AI-powered restaurant management platform. The investment round was led by Accel, with contributions from existing investors Cavalry, Playfair, Samaipata, and Triplepoint.
ORE Energy, a pioneering startup from Delft, has emerged from stealth mode with a €10 million funding boost from Positron Ventures and SPRIND. This significant financial endorsement will accelerate the large-scale production of ORE Energy's ground-breaking battery, which uniquely utilizes only iron, water, and air.
Enifer, a biotech startup based in Espoo, Finland, has successfully raised €36 million in funding to establish a food-grade mycoprotein factory in Kirkkonummi. This facility will convert food industry by-products into Enifer’s sustainable PEKILO mycoprotein, positioning it as the world’s first commercial plant to produce mycoprotein from sidestream raw materials.
DeepL, the Cologne-based AI translation company, has successfully raised $300 million (approximately €277 million) at a $2 billion valuation. The investment round was led by Index Ventures, with participation from ICONIQ Growth, Teachers’ Venture Growth, and other late-stage investors, alongside existing supporters IVP, Atomico, and WiL.
London-based fintech startup Viable, which offers an Intelligent Finance platform for D2C, multi-channel, and wholesale commerce brands, has successfully raised €2.8 million in seed funding. The round was led by Episode 1, Haatch, and Portfolio Ventures, with participation from a group of angel investors headed by Martin Brailsford, former CEO
Paris-based Doctolib, a leading provider of innovative services for healthcare professionals, has acquired Berlin's AI-driven phone assistant solution provider, Aaron.ai, to strengthen its presence in Germany and enhance its product offerings.
Newton Energy Solutions, a Delft-based company specializing in thermal storage systems, has raised €2.5 million from Fair Capital Impact Fund and existing investors, including Carteman Ventures, TNO, and König Metall Group. This funding will accelerate the market introduction of their innovative energy storage system, NEStore.
Belgium-based Jobtoolz, a recruitment platform for SMEs, has announced the acquisition of HireHive, an Irish provider of AI-powered Applicant Tracking System (ATS) solutions. This strategic move aims to strengthen Jobtoolz’s presence in the recruitment software market and expand its geographical reach.
Groningen-based VRelax, a company providing Virtual Reality (VR) solutions to address mental health issues, has successfully raised €1.2 million from Healthy.Capital, Knop Ventures, and CCO Sander Paul van Tongeren.
