VC funding into Irish startups reaches record €502 million in Q1 2023, up 32% from previous year

Venture capital funding into Irish startups rose by almost a third (32%) to a record €502 million in the first quarter of 2023, compared to €380 million in the same period last year, according to the Irish Venture Capital Association VenturePulse survey published today in association with William Fry. The record quarter was driven by […]

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Turin-based deeptech startup i-TES, secures €1,4 million to support renewal energy sources with thermal storage

i-TES, an Italian deep-tech startup that develops innovative thermal storage solutions, announces the closing of a new €1.4 million funding round.  The joint investment effort is led by EUREKA! Venture SGR through “Eureka! Fund I – Technology Transfer”, together with CDP Venture Capital SGR through Tech4Planet, the National Hub for Technology Transfer focusing on Sustainability, […]

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Helsinki-based Vensum raises €3.8 million in Seed funding to redefine power conversion technology

The growth in world electricity demand is expected to triple by the year 2050, according to Mckinsey’s Global Energy Perspective 2022 report. At the same time, a meaningful amount of energy is wasted to heat due to power losses of conversion.  Finnish energy tech startup Vensum has developed a solution that can save over 50% […]

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Stockholm-based Encare raises €1.5 million to advance surgical care with cloud SaaS solution

The Swedish healthtech company Encare has secured funding of €1.5 million to support the company’s continued expansion, product development, and entrance into new international markets.  Encare’s SaaS solution supports healthcare providers in implementing best practices for surgical care to improve patient outcomes. Existing shareholders, together with some new, through the Sciety network, took part in […]

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Weekly funding round-up! All of the European startup funding rounds we tracked this week (May 22-26)

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Blockchain Capital fuels Worldcoin with $115m

Worldcoin, an ambitious crypto project co-founded by OpenAI CEO Sam Altman, has received a significant financial boost with the latest funding round. On May 25, the technology company behind Worldcoin, Tools for Humanity, announced an influx of $115 mi…

Lower Austrian SaaS startup Shopstory scores €1 million to keep automating online shops with its no-code platform

The Lower Austrian startup Shopstory provides a platform for online shops that helps them automate processes and boost performance. With a few clicks, they can execute advertising campaigns and many other repetitive tasks.  Founded in 2020, the founders set the goal from the beginning to make the eCommerce market more transparent and fair with a […]

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