Reonic from Germany secures €13M to drive Sustainable Energy Solutions across Europe

Augsburg-based Reonic, a climate tech SaaS company, has raised €13 million in a Series A funding round led by Northzone, with participation from existing investors Point Nine and Puzzle Ventures. The startup provides end-to-end software solutions tailored for installers of renewable energy technology, addressing a significant gap in the market for specialized digital tools.

France

Reonic from Germany secures €13M to drive Sustainable Energy Solutions across Europe

France

Steerlab from France raises €1.7M to automate RFP and Security Questionnaire Processes

Steerlab, a Paris-based AI platform focused on automating responses to Requests for Proposals (RFPs) and security questionnaires, has raised €1.7 million in a pre-seed funding round. The round was led by Nordic early-stage investor Dreamcraft VC, with participation from Heartfelt_ in Berlin, Lumière AI Ventures, and over 20 angel investors

United States

Former OpenAI Co-Founder Ilya Sutskever secures $1B to develop AI Safety Solutions with Safe Superintelligence Inc.

Ilya Sutskever, a co-founder and former chief scientist at OpenAI, has raised $1 billion for his new venture, Safe Superintelligence (SSI).

Lithuania

Airvolve from Lithuania bags €825K to develop Low-Cost Heavy-Lift Aircraft

Lithuanian aerospace startup Airvolve has raised €825K in funding to accelerate the development of its heavy-lift aircraft, designed to reduce operating costs by 10 times compared to conventional helicopters. The round was led by Coinvest Capital, contributing €510K, along with Baltic Sandbox Ventures and several angel investors.

Germany

Zive from Germany secures €2.8M to boost Enterprise AI Platform for Knowledge Management

Zive, a Hamburg-based enterprise AI platform, has raised €2.8 million in a growth capital round led by Headline, a European and US venture capital firm. The funding will help Zive accelerate its growth, enhance its product offerings, and maintain its leadership in AI-driven enterprise solutions.

Iceland

Treble Technologies from Iceland bags €11M to advance Cloud-Based Sound Simulation Platform

Reykjavik-based Treble Technologies, specializing in sound simulation technology, has raised €11 million in a Series A funding round. The round was led by KOMPAS VC, with participation from Frumtak Ventures, the European Investment Bank, Omega Venture Partners, and strategic partners like St. Gobain and L-Acoustics.

Sweden

Amferia from Sweden bags €1.2M to advance Antimicrobial Solutions for Human and Animal Health

Mölndal-based Amferia, a Swedish medtech company specializing in antimicrobial healthcare solutions, has successfully raised €1.2 million in an oversubscribed investment round. The round saw participation from existing investors, new backers, and Chalmers Ventures.

Germany

OceanScore from Germany secures €5M to enhance Maritime Compliance and Data Solutions

Hamburg-based OceanScore, a provider of compliance and data solutions for the maritime industry, has raised €5 million in an oversubscribed Series A funding round. The round saw participation from existing investors theDOCK and new backers such as Stolt Ventures, Motion Ventures, and Portline, along with various angel investors. All previous

Canada

New School Foods secures $8M CAD Seed Extension with IKEA as a Key Investor

Toronto's New School Foods has raised $8 million CAD ($6 million USD) in a seed extension round to support the launch of its plant-based salmon alternative in the U.S. and Canada. The round was led by Good Startup, with participation from returning investors NewTree Capital and Hatch, as well as

Startup Ecosystem

Comprehensive List of 2024 Tech Layoffs: Major Companies Affected

The wave of 2024 tech layoffs in the tech industry shows no signs of slowing down. Following significant workforce reductions in the previous two years, 2024 has already seen 60,000 job cuts across 254 companies, according to data from Layoffs.fyi. Major players like Tesla, Amazon, Google, TikTok, Snap, and Microsoft

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Netherlands

Reonic from Germany secures €13M to drive Sustainable Energy Solutions across Europe

Reonic from Germany secures €13M to drive Sustainable Energy Solutions across Europe

Steerlab from France raises €1.7M to automate RFP and Security Questionnaire Processes

Former OpenAI Co-Founder Ilya Sutskever secures $1B to develop AI Safety Solutions with Safe Superintelligence Inc.

Airvolve from Lithuania bags €825K to develop Low-Cost Heavy-Lift Aircraft

Zive from Germany secures €2.8M to boost Enterprise AI Platform for Knowledge Management

Treble Technologies from Iceland bags €11M to advance Cloud-Based Sound Simulation Platform

Amferia from Sweden bags €1.2M to advance Antimicrobial Solutions for Human and Animal Health

OceanScore from Germany secures €5M to enhance Maritime Compliance and Data Solutions

New School Foods secures $8M CAD Seed Extension with IKEA as a Key Investor

Comprehensive List of 2024 Tech Layoffs: Major Companies Affected

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Axelera AI raises €61.6M Grant to advance AI Chiplet Development for Supercomputing

Alternative Startup Funding: Grants, Crowdfunding, and Revenue-Based Financing

IDnow acquired by Corsair Capital in €273M Deal to expand Identity Verification Services

CollX secures $10M to expand AI-Powered Trading Card Marketplace

Renaissance Fusion secures €32M to simplify and scale Stellarator Fusion Reactors

Ataraxis AI secures $20M to reduce unnecessary Chemotherapy with AI-Powered Cancer Predictions