HyperHeat from Germany secures €3.5M to decarbonize High-Temperature Industries

Offenburg-based HyperHeat, a startup revolutionizing industrial heat with renewable energy, has raised €3.5 million in funding. The round was led by the Amadeus APEX Technology Fund, with participation from Finindus, Possible Ventures, E44 Ventures, Breakthrough Energy Fellows, and angel investors. The funds will accelerate R&D and prepare the company’s first industrial products for launch by 2025.

Germany

HyperHeat from Germany secures €3.5M to decarbonize High-Temperature Industries

United Kingdom

Vertical Aerospace raises €47.6M to propel Electric Aviation with VX4 Aircraft

Bristol-based Vertical Aerospace, a leader in sustainable electric aviation, has secured €47.6 million ($50 million USD) in funding as part of a €171.1 million ($180 million USD) financial restructuring deal with Mudrick Capital Management. This funding bolsters Vertical’s financial stability and supports its ambitious Flightpath 2030 Strategy.

France

Mago from France secures €1.5M to revolutionize Video Transformation with AI

French AI startup Mago has raised €1.5 million in a pre-seed funding round led by Atlantic Labs. The funding will support team expansion, accelerate product development, and prepare for a market launch in early 2025.

Canada

OraQ AI from Canada secures $2.6M to revolutionize Dental Patient Risk Assessment with AI

Calgary-based healthtech startup OraQ AI has raised $2.6 million CAD in seed funding to advance its clinical decision support platform for dental practices. The round was led by AngelMD, with participation from the Centre for Aging + Brain Health Innovation, Startup TNT, and various dentists, physicians, and family offices.

Sweden

Candela from Sweden raises €13.3M to scale Electric Hydrofoil Ferries and expand in the US

Stockholm-based Candela, a pioneer in electric hydrofoil boats and ferries, has raised an additional €13.3 million ($14 million USD) in its Series C funding round. This brings the company’s total funding for 2024 to over $40 million USD.

Founder Stories, Austria, Interviews

Interview with Markus Waghubinger | Co-Founder & CEO HalloSophia

Today, we're joined by Markus Waghubinger, a dynamic entrepreneur from Upper Austria who now divides his time between Linz, Vienna, and San Francisco. Markus began his career in banking but soon discovered a passion for innovation and entrepreneurship. This led him to co-found HalloSophia, a platform that integrates AI with

Canada

Noble from Toronto secures $15M USD Series A to expand Digital Asset Issuance Platform

Noble, a Toronto-based Web3 startup, has closed a $15 million USD Series A funding round led by cryptocurrency investment firm Paradigm.

Netherlands

LearnWise secures €2M to revolutionize Student Support with AI

LearnWise, an AI-powered edtech platform based in Amsterdam, has raised €2 million in seed funding led by London-based VC firm Emerge.

France

Eden AI from France secures €3M to simplify AI Integration for Businesses

Lyon-based Eden AI, an AI integration platform, has secured €3 million in a seed funding round led by Galion.exe, with additional backing from 50 Partners and industry leaders, including Olivier Pomel (Datadog), Sébastien Pahl (Docker), and Alix de Sagazan (AB Tasty). The funding will accelerate Eden AI’s product development, expand

United Kingdom

Lighthouse from London secures €351.8M and achieves Unicorn Status to expand AI Tools for Hospitality Sector

London-based Lighthouse, a commercial intelligence platform for the travel and hospitality industry, has raised €351.8 million ($370 million USD) in Series C funding.

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Germany

HyperHeat from Germany secures €3.5M to decarbonize High-Temperature Industries

HyperHeat from Germany secures €3.5M to decarbonize High-Temperature Industries

Vertical Aerospace raises €47.6M to propel Electric Aviation with VX4 Aircraft

Mago from France secures €1.5M to revolutionize Video Transformation with AI

OraQ AI from Canada secures $2.6M to revolutionize Dental Patient Risk Assessment with AI

Candela from Sweden raises €13.3M to scale Electric Hydrofoil Ferries and expand in the US

Interview with Markus Waghubinger | Co-Founder & CEO HalloSophia

Noble from Toronto secures $15M USD Series A to expand Digital Asset Issuance Platform

LearnWise secures €2M to revolutionize Student Support with AI

Eden AI from France secures €3M to simplify AI Integration for Businesses

Lighthouse from London secures €351.8M and achieves Unicorn Status to expand AI Tools for Hospitality Sector

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The Visionaries behind OnlyFans: Tim Stokely’s Idea and Leonid Radvinsky’s Leadership That Changed the Creator Economy

Realize Capital Partners commits $32.5M in second Round of Social Finance Fund Investments

KHP Ventures launches €24.1M NHS-Backed Fund to support Digital Mental Health Startups from Europe

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