Germany

German Fintech Xaver launches B2B AI Platform with €5M Pre-Seed Funding
Xaver, a groundbreaking fintech startup based in Germany, has unveiled its B2B AI platform aimed at revolutionizing life insurance and private pensions. In a significant milestone, the company has secured €5M in what is reported to be Europe's largest fintech pre-seed funding round of 2024.
Acto, a German startup offering active decision intelligence for B2B sales teams, has successfully secured €3.7M in seed funding. The investment round was led by 468 Capital and Cusp Capital, with continued support from adesso ventures. Additional participation came from another.vc and business angels such as Benedikt Franke (Planetly) and
ENVIRIA, a Frankfurt-based provider of decentralized energy solutions for commercial and industrial sectors, has announced securing over $200M (approximately €185M) in equity investment from BlackRock. The investment, made through BlackRock's Global Renewable Power IV (GRP IV) fund, aims to support the expansion of ENVIRIA's existing portfolio of 500 solar projects
RobCo, a Munich-based startup offering affordable and connected robotics automation solutions for SMEs, has raised $42.5M (approximately €39.17M) in a Series B funding round. This investment propels RobCo's total funding beyond $60M (around €55.29M), marking a significant milestone in its mission to facilitate SMEs' entry into automation and tackle challenges
Cyclize, a Stuttgart-based climate-tech startup, has announced a fresh funding round of €4.75M led by UVC Partners. The round also saw participation from High-Tech Gründerfonds (HTGF), Aurum Impact, UnternehmerTUM Funding for Innovators, and high-profile business angels like Dr. Klaus Schäfer, former CTO of Covestro, who will join Cyclize’s Advisory Board.

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