Investors and funding

Dutch VC Capital Mills invests in German no-code startup Innoloft

No-code startup Innoloft has raised €2mn in a new funding round led by Dutch VC firm Capital Mills. This marks the firm’s first investment into a German company. Innoloft’s no-code platform enables businesses to build web applications without any programming knowledge. Founded in 2019, the startup now counts over 70,000 end-users and includes customers such …

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French AI scene toasts $200M for Holistic as Sonio sale shows risks of success

France’s budding AI scene has received another boost from a big investment in the startup Holistic. Amid the celebrations, however, the sale of medtech firm Sonio has added a warning about the dangers of success. The Holistic funding was revealed by Bloomberg on Tuesday. The Paris-based firm has reportedly raised $200mn (€186mn) in a round …

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French AI toasts $200M for Holistic as Sonio sale shows risks of success

France’s budding AI scene has received another boost from a big investment in the startup Holistic. Amid the celebrations, however, the sale of medtech firm Sonio has added a warning about the dangers of success. The Holistic funding was revealed by Bloomberg on Tuesday. The Paris-based firm has reportedly raised $200mn (€186mn) in a round …

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UK fintech raises £800M for AI that determines how much money you can borrow

An AI scanning your bank transaction data entails a level of invasiveness that I find difficult to accept — let alone embrace for my own transaction information. But the technology could bring merits, at least in the lending world. Enter Abound. The London-based startup has just raised £800mn for its lending platform that uses AI …

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Swiss startup to advance collaborative robots with GenAI humanoid hand

The power of generative AI has further ignited the race for advanced humanoid robots, promising more capable machines that can learn and deal with unknown environments and challenges. Amid increasing competition across the globe, Switzerland-based mimic is also throwing its hat in the ring. The startup has raised a pre-seed round of $2.5mn (€2.3mn) to …

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Tilburg’s Mr. Winston raises €600K for its hospitality POS system

Tilburg-based Mr. Winston has raised €600,000 to further develop its hospitality POS system and expand into more markets. Founded in 2015, the startup provides a cloud-based POS solution that can work on all devices and operating systems such as iOS and Android. The POS also features additional modules, including reservations, QR ordering, and kitchen screens. “This …

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Humanity faces two existential crises — the climate crisis and AI. Can one help solve the other?

As I write this, two contrasting regulations on the development of artificial intelligence — namely generative AI — are making their way through the European and British parliaments. The British approach is very simple — looking to ensure AI companies fit into existing laws governing technology companies.  In contrast, the EU approach, as White & …

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Deeptech VC raises €300M in push for ‘semiconductor supremacy’

Flemish venture capital firm Imec.xpand has raised €300mn to invest in deeptech startups.    The VC is a spinoff from Leuven-based Imec, one of the world’s largest microelectronics research institutions.  The new fund targets  AI, semiconductors, nanotechnology, photonics, and quantum computing. It will also invest in startups working on new ways to diagnose and treat medical …

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Uber rival Bolt secures €220M in prep for IPO

Estonian mobility startup Bolt has secured a €220mn credit facility as it plans to go public next year.   This type of financing is a more flexible loan option, which allows a business to withdraw and repay funds as needed, on an ongoing basis. Kind of like a credit card for companies.  The credit facility  …

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This tech investor will pay Ukrainian farmers to trap carbon in their soil

Lithuanian climate investment firm HeavyFinance has added over 700,000 football pitches-worth of farmland in Ukraine to its soil carbon credit programme. Modern agriculture has taken its toll on soils. Centuries of plowing, cutting, and overgrazing has made land less fertile. This has also released billions of tonnes of CO2 into the atmosphere.   HeavyFinance pays farmers …

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