Textile Impact Firm Syre from Sweden secures €92.2M shortly after Launch

Stockholm-based Syre, a textile impact company founded by Vargas Holding and H&M Group earlier this year, has secured $100 million (approximately €92.2 million) in a Series A funding round. This significant investment underscores Syre's commitment to revolutionizing the textile industry through sustainable practices.

Sweden

Textile Impact Firm Syre from Sweden secures €92.2M shortly after Launch

World’s Inspiring Leaders

Sven Platte: Revolutionizing Digital Commerce with Digistore24

In the landscape of digital entrepreneurship, few figures have made as significant an impact as Sven Platte, the founder and driving force behind Digistore24, an automated online sales and affiliate marketing platform.

Turkey

Colendi from Turkey secures $65M to target $1B Valuation

Turkish fintech firm Colendi has secured $65 million in a Series B funding round, bringing its valuation to $700 million. This significant investment supports Colendi’s plans to establish itself as a major player in the digital banking sector across emerging markets.

Startup Ecosystem

Top Jobs in Cybersecurity: Insights on the Latest Trends and Opportunities

Cybersecurity remains a field with a significant demand for skilled professionals. With the advent of generative AI and the looming future of quantum computing, the need for security experts in the tech world is set to skyrocket.

Netherlands

Nory from Ireland secures $16M to push AI-Driven Restaurant Management Platform

Irish startup Nory has raised $16 million in a Series A funding round to further develop its AI-powered restaurant management platform. The investment round was led by Accel, with contributions from existing investors Cavalry, Playfair, Samaipata, and Triplepoint.

Netherlands

ORE Energy unveils revolutionary Iron-Air Battery with €10M Funding

ORE Energy, a pioneering startup from Delft, has emerged from stealth mode with a €10 million funding boost from Positron Ventures and SPRIND. This significant financial endorsement will accelerate the large-scale production of ORE Energy's ground-breaking battery, which uniquely utilizes only iron, water, and air.

Finland

Enifer from Finland secures €36M to scale up Mycoprotein Production

Enifer, a biotech startup based in Espoo, Finland, has successfully raised €36 million in funding to establish a food-grade mycoprotein factory in Kirkkonummi. This facility will convert food industry by-products into Enifer’s sustainable PEKILO mycoprotein, positioning it as the world’s first commercial plant to produce mycoprotein from sidestream raw materials.

United Kingdom

AI-Translation Unicorn DeepL from Germany raises $300M at $2B Valuation

DeepL, the Cologne-based AI translation company, has successfully raised $300 million (approximately €277 million) at a $2 billion valuation. The investment round was led by Index Ventures, with participation from ICONIQ Growth, Teachers’ Venture Growth, and other late-stage investors, alongside existing supporters IVP, Atomico, and WiL.

United Kingdom

Viable from London secures €2.8M to enhance Financial Solutions for SMBs

London-based fintech startup Viable, which offers an Intelligent Finance platform for D2C, multi-channel, and wholesale commerce brands, has successfully raised €2.8 million in seed funding. The round was led by Episode 1, Haatch, and Portfolio Ventures, with participation from a group of angel investors headed by Martin Brailsford, former CEO

Netherlands

Doctolib acquires German AI Company Aaron.ai to enhance Patient Communication

Paris-based Doctolib, a leading provider of innovative services for healthcare professionals, has acquired Berlin's AI-driven phone assistant solution provider, Aaron.ai, to strengthen its presence in Germany and enhance its product offerings.

The best Articles in our Network

Netherlands

Textile Impact Firm Syre from Sweden secures €92.2M shortly after Launch

Textile Impact Firm Syre from Sweden secures €92.2M shortly after Launch

Sven Platte: Revolutionizing Digital Commerce with Digistore24

Colendi from Turkey secures $65M to target $1B Valuation

Top Jobs in Cybersecurity: Insights on the Latest Trends and Opportunities

Nory from Ireland secures $16M to push AI-Driven Restaurant Management Platform

ORE Energy unveils revolutionary Iron-Air Battery with €10M Funding

Enifer from Finland secures €36M to scale up Mycoprotein Production

AI-Translation Unicorn DeepL from Germany raises $300M at $2B Valuation

Viable from London secures €2.8M to enhance Financial Solutions for SMBs

Doctolib acquires German AI Company Aaron.ai to enhance Patient Communication

The best Articles in our Network

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