In this fast, digital age, we’re constantly bombarded with overwhelming news, be it funding, acquisitions, breakthroughs, and much more.
As a result, it is easy to overlook some equally important news stories that deserve our attention.
In this edition of “In other news this week“, we’ve compiled a list of noteworthy news from Skin Analytics securing €17.4M to Hugging Face acquiring Pollen Robotics, that deserve your attention
HepaRegeniX raises €21.5M
Headquartered in Germany, HepaRegeniX is a clinical-stage company advancing novel therapies to treat acute and chronic liver diseases. Recently, the company raised €21.5M financing round with the addition of Wellington Partners to its investor syndicate. HepaRegeniX plans to use the proceeds to complete its ongoing Phase Ib trial and to advance the Phase IIa clinical trial for HRX-215, the company’s lead clinical candidate in liver regeneration. (Read more)
Skin Analytics secures €17.4M to help people survive cancer
Based out of the UK, Skin Analytics provides teledermatology services to help more people survive cancer. The company has seen more than 150,000 NHS patients and detected more than 14,000 cancers. Recently, the company raised £15M in Series B funding led by Intrepid Growth Partners. (Read more)
Mila raises €12M in funding
Mila is an ACPR-approved French insurer specialising in property. Mila brings together the skills of the brokerage, insurance, digital, and property worlds in a single team. Recently, the company raised €12M in funding from Elevation Capital Partners, who joins our Board of Directors alongside BREEGA and our historical investors, who continue to believe in our vision and team. (Read more)
SAE secures €10M loan
SAE is a global developer, owner, and operator of sustainable energy projects. Recently, the company has raised £8.5M loan from Cardiff Capital Region’s (“CCR”) Strategic Premises Fund. The loan will be used to facilitate the Afon Wysg 1 Battery Storage project (“AW1”), at the Uskmouth Sustainable Energy Park. (Read more)
Tundr raises €7.2M funding
Based out of Milan, Tundr develops digital solutions that simplify corporate welfare management. Recently, the company raised €7.2M in a seed funding round led by 360 Capital, with participation from Azimut Group, Vento, Alecla7, and Vesper Holding. (Read more)
Prosperty raises €5.5M funding from Eurobank
Prosperty is a real estate platform that provides verified listings and complete solutions for buying and selling properties. It uses advanced technology and market data to help users make informed decisions and streamline transactions, making real estate dealings easier and more reliable. Recently, the company raised €5.5M in funding from Eurobank. (Read more)
Mindset AI secures €5M in funding
Based out of London, Mindset AI empowers companies to develop AI agents capable of engaging in natural language conversations. This process transforms their unique content, expertise, and intellectual property into effective AI applications. The company raised £4.3M in funding to expand its operations in the UK and open an office in Chicago, U.S. (Read more)
PeopleForce raises €4.7M in funding to automate HR processes
Based out of Kyiv, PeopleForce is an all-in-one HR platform designed to automate HR processes at every stage of the employee lifecycle. This week, the company raised $5.38M in a Pre-Series A funding round co-led by Pracuj Ventures and u.ventures. (Read more)
Homemove bags €4.3M in funding
Based out of England, Homemove is a proptech brand that allows users to manage their complete home move process from a single, easy-to-use platform. Recently, the company raised $5M led by Fuel Ventures with co-investors, including the Blandford Family Office, and Oxford Innovation. (Read more)
AATec Medical secures €4M in pre-series A financing
AATec Medical is a biotechnology company developing a product platform based on recombinant alpha-1 antitrypsin (AAT) for the treatment of respiratory inflammatory diseases, airway infections, and rare diseases. Recently, the company has raised €4M in pre-series A financing from Germany’s Federal Agency for Disruptive Innovation (SPRIND) and high-net-worth individual investors, industry experts, and single-family offices. (Read more)
Brink Therapeutics raises €3.5M in funding
Brink Therapeutics is developing new technology for genome editing. They use a combination of directed evolution, metagenomic exploration, and artificial intelligence to create enzymes that can add, remove, or change DNA sequences with great accuracy. This will help make gene therapies safer and more effective. The French TechBio company recently raised €3.5M in seed funding led by Kurma Partners and Breega. (Read more)
Wonder secures €2.6M to develop creative studio
Wonder is an AI-powered creative studio that develops a new model for filmmaking, storytelling, and producing world-class original content. The company raised $3M in pre-seed funding from Mati Staniszewski (co-founder, ElevenLabs), Laura Modiano (Head of Startups, OpenAI), Ross Dinerstein (CEO, Campfire Studios), Ammaar Reshi (Design Lead, Google DeepMind), Mika Salmi (founder, AtomFilms), Andre Haddad (CEO, Turo), and Peter Hepworth (former COO, Activision Blizzard EMEA), among others.
Healthera secures €2.3M funding
Based out of the UK, Healthera is a digital pharmacy platform connecting patients with the medicines and healthcare services they need. The company raised £2M in investment from a consortium of private and health-tech investors, boosting its current Series A round to £5.6M. (Read more)
Inephany raised €1.9M funding
Inephany offers a new AI-driven optimization system that manages the training process in real-time. Unlike traditional methods that rely on trial-and-error approaches, Inephany’s technology improves sample efficiency and speeds up training. It also reduces development time and enhances the performance of the final model, all while lowering computing costs. Recently, the company has raised $2.2M in a pre-seed funding round to develop its AI-powered optimization platform. (Read more)
CGC Genomics bags €1.7M funding
Based out of Basel, CGC Genomics focuses on improving the interpretation of cancer genomic data to assist in therapy selection. The company’s QNOMX platform allows labs to automate the manual review of genomic profiles, which helps streamline the genetic testing process. Recently, the company raised €1.7M funding in a pre-seed round from Heal Capital, Labor Becker MVZ eGbR, Better Ventures, Springboard Health Angels, and JVH Ventures. (Read more)
Flock Mobility secures funding from Skyscanner founder and others
Backed by the European Space Agency, Flock Mobility is a UK-based B2B cleantech company. Its AI-driven EV fleet platform helps organisations run cleaner, more efficient shared transport services by optimising vehicle utilisation, routing, and booking. Recently, the company raised £1M from Skyscanner founder Gareth Williams and a Boston-based family office. (Read more)
Turbine Capital announces first close
Turbine Capital is an early-stage deeptech VC fund backed by multiple corporate investors and university-affiliated incubators. Recently, the VC announced the first close, representing 40 per cent of its target (€75M), of its early-stage deeptech venture capital fund. This is the first in Europe to be backed by both leading Swedish corporations – including SAAB Ventures – and university-affiliated incubators. The fund aims to accelerate deeptech startups into high-growth international businesses.
Esgrid raises undisclosed funding
Tallinn-based Esgrid is an AI-powered supplier management platform that enables companies of all sizes to effectively onboard, evaluate, and engage their suppliers. Recently, the company raised new funding, bringing total pre-seed funding to €900K.
Invest-NL announces changes in Supervisory Board
Invest-NL has announced that Jan Nooitgedagt will step down as chairman of the Supervisory Board this May, allowing him to focus more on his personal life. Peter Molengraaf, who is currently a member of the Supervisory Board, will succeed Nooitgedagt as chairman. (Read more)
Hugging Face acquires Pollen Robotics
Hugging Face has acquired French company Pollen Robotics, a company specialising in open-source robotics hardware. This acquisition is part of Hugging Face’s attempt efforts to promote open and community-driven development in robotics. (Read more)
Orderchamp launches B2B Order Portal
Amsterdam’s Orderchamp, a B2B wholesale marketplace, announced the launch of the B2B Order Portal. This e-commerce solution allows brands and wholesalers to set up their own branded B2B webshop, automate order management, and streamline direct sales to business customers. (Read more)
Delos raises funding to develop generative AI applications
Based out of Paris, Delos develops a suite of generative AI applications designed to transform businesses’ operations. Recently, the company has raised $2.5M in funding led by 20VC, with participation from Inovia and Kima Ventures. (Read more)
Mode Labs raises funding led by Oxford Science Enterprises
Based out of Oxford, Mode Labs has developed a new chemical sensing platform that provides plug-and-play laboratory measurement capabilities in the field. It offers a 10,000x increase in sensitivity, six times longer deployment duration, and operates at only 10% of the cost of existing solutions. Recently, the company raised £3M in funding led by Oxford Science Enterprises. (Read more)
Boby.ai raises funding to develop AI-powered apps
Based out Istanbul. Boby.ai develops user-friendly AI applications on mobile platforms and delivers them directly to the end user. Recently, the Turkish company received a seed investment of $1.25M in an investment round led by London Venture Partners. (Read more)
SALZSTROM secures seven-figure investment
Base out of Vienna, SALZSTROM offers sodium-ion residential battery storage systems for homeowners seeking a safer and more reliable way to store electricity without the fire risk of lithium-ion batteries. Recently, the company raised closed a seven-figure pre-seed funding round. (Read more)
Georg Ioannidis Launches SHAPE Capital Partners
After eight-year at UNIQA Ventures, Georg Ioannidis has announced the launch of his new investment firm, SHAPE Capital Partners. This independent organisation is dedicated to backing European tech scaleups at their growth stage. Ioannidis will be heading the firm alongside his Managing Partners, Dr. Andreas Nemeth and Ralf Kunzmann. (Read more)
