Artificial Intelligence (AI) is becoming a cornerstone of modern economies. While big nations such as the USA and China are in a race to dominate the field, smaller countries, such as Lithuania, are trying to figure out where they stand amidst global AI ecosystems and define which direction to head in. Back in 2019, Lithuania…
Danish medtech startup Hedia raises €3 million and plans European expansion
Medtech startup from Copenhagen, Hedia, has just raised an additional €3 million for its technology to manage diabetes. The company is backed by Novo-heirs, and we reckoned it was one to watch back in 2019. Founded in 2016 by husband-and-wife duo Peter Lucas and Christina Kildentoft, alongside business partner Andreas Jespensgaard, Hedia has developed a…
Beam me up Scotty: 5 European startups having a meaningful impact on the future of space tech
With European tech funding reaching more than €100 billion in 2021, according to the European Tech Report 2021, Europe seems to be on the right track to becoming the tech hub it has been dreaming about for so many years. We are also seeing many more European unicorns – most of them in fintech, e-commerce…
Oslo-based Campanyon reels in €1.5 million for its travel platform for nature-lovers
With the vision to make nature and sustainable travel more accessible, Oslo-based Campanyon has just closed €1.5 million – one year after its first round. The funding is led by Schibsted Ventures with existing investors also participating. The travel tech startup, founded only last year, made it onto our list of Oslo startups to watch…
Female-founded audvice raises €1.9 million to bring the audio boom to companies
Based in Salzburg, audvice has just closed its first VC financing round with Cusp Capital, CapitalT and TinyVC raising €1.9 million. The female-founded tech startup, launched in 2019, is pioneering corporate communication. Co-investors include CapitalT, TinyVC and the founders of Austrian EdTech Unicorn GoStudent, Felix Ohswald and Gregor Müller. On a mission to bring effective…
Estonian Ridango acquires Slovenian-based LIT Transport as the European transport mobility market booms
Estonian tech company Ridango has just announced it has acquired a 100% stake in LIT Transport, a Slovenian based firm providing IT solutions for public transportation. The new group now operates across over 25 countries. Erki Lipre, the chairman of the management board of Ridango, said: “Our joint ambition is to become one of the…
Amsterdam-founded Dealroom secures €6 million for its startup research platform
At the end of what’s been an immense year for European tech startups, Dealroom has just raised €6 million in Series A funding for its data and intelligence platform on startups and tech ecosystems. The funding round was led by Beringea, the transatlantic venture capital firm, with participation from existing investors Knight Venture Capital and…
Norwegian edtech startup Vignita raises over €660k and plans international expansion
Vignita, founded in Oppaker, Norway in 2017, has just raised over €660k in an oversubscribed funding round. Eleven investors participated in this round, including Link Capital, North Venture, Penny Venture and Adler Konsult. The adult education market is booming, worldwide it’s becoming a trillion-dollar industry. Owing to global skills shortages and rapid technological development, we…
London’s Brytlyt raises €4.4 million for its data analytics and visualisation technology
Founded in 2013, Brytlyt, a pioneering provider of real-time data analytics and visualisation technology, has just raised a €4.4 million funding extension from AlbionVC and existing investors Amadeus Capital Partners and Finch Capital. The data analysis sector is growing at an accelerated pace at the moment as companies’ increasingly look to this technology amidst digital…
Top 10 books to have under the tree for startup enthusiasts this Christmas
It’s almost Christmas! While the year winds down and festivities commence, it’s still not too late to get the perfect Christmas gift for the budding entrepreneur, founder or startup-enthusiast in your life. Here, we’ve hand-picked the top 10 books everyone will enjoy reading this holiday season with a cup of their festive beverage of choice…
Lisbon-based Talent Protocol raises €1.5 million to empower undervalued talent on a global scale
With a vision to rethink the way we engage professionally with each other, Talent Protocol – a talent tech startup from Lisbon – has just raised €1.5 million and launched the beta version of its platform. The funding comes from Protocol Labs, Good News Ventures and Flori Ventures, among other investors. Founded in May 2021,…
London-based CIRCA5000 crowdraises €4.5 million for its impact investment app
On a mission to transform investing, London-based CIRCA5000 (C5K) has just closed a €4.5 million crowdfunding campaign on CrowdCube, smashing the original target of €1.1 million in only 10 minutes. The latest round of funding comes as the company launches its latest feature – Personal Pension offerings. These give customers the power to choose what…
PreSeed Ventures launches €55 million venture fund to invest in a new generation of tech startups
Early-stage investor PreSeed Ventures has just launched PSV Tech01 – a new €55 million fund to target tech startups coming from Denmark and Southern Sweden with global potential. For 20 years, PreSeed Ventures has been supporting the Danish startup ecosystem – giving investment to over 400 young companies, among which are some of the most…
Swedish startup Voi raises over €101 million to deliver safe and sustainable micromobility for everyone
Voi Technology, one of Europe’s micromobility giants, has just raised €101.8 million in an oversubscribed funding round to continue its vision for a revolutionised approach to urban transport. The funding was led by Raine Group and VNV Global including Inbox Capital, Nordic Ninja, Stena Sessan, Kreos Capital and new investors Ilmarinen, Nineyards Equity and ICT…
Warsaw-based digital healthcare provider Higo Sense raises €5 million to continue global expansion
Higo Sense, the Warsaw-based digital healthcare provider, has just announced a €5 million Series A funding round led by Cogito Capital Partners with participation from existing early-stage investors, the founders of RTB House. Founded in 2017, the healthtech startup provides a mobile medical examination device that is supported by a mobile app and an online…
“Looking back, it was very important to make mistakes”: Interview with KoRo founder and CEO Constantinos Calios
Berlin-based KoRo was founded in 2014 as a diversified foodtech startup that rethinks retail. By skipping stages of trade, using efficient process flows and bulk packaging in a sleek design, KoRo makes high-quality food accessible to all at fair prices. The ecommerce industry is booming across Europe, and the KoRo management team of CEO’S Piran…
London-based photo-sharing app Lapse captures €9.7 million to build the next generation of private social networking
Lapse has just closed a €9.7 million seed round for its photo-sharing app that enables groups of friends to avoid the pressures of social media. The London-based startup launched its app on an invite-only basis in September 2021 to 150000 users on its waitlist and managed to hit number 1 on both the UK and…
German healthtech startup Formel Skin gets €30 million boost to make dermatology more accessible
Berlin-based Formel Skin has just secured a €30 million Series A funding round, led by Singular and accompanied by Heal Capital, for its dermatology platform. Other investors in the round include Cherry Ventures, Heartcore Capital and Vorwerk Ventures. Founded by Florian Semler, Anton Kononov and Dr Sarah Bechstein in 2019, Formel Skin launched with the…