Gem Security raises $23M for its cloud security platform

Cloud detection and response company Gem Security today announced that it has raised a $23 million Series A round led by GGV Capital, with participation from IBM Ventures, Cisco and Silicon Valley CISO Investments. It was only in February that Gem anno…

Hamburg-based traceless secures €36.6 million to build first industry plant for bio-circular alternative to plastic

Bioeconomy startup traceless, which produces a natural biomaterial as an alternative to plastic, announces the completion of a €36.6 million funding round. The Series A funding round is led by private equity fund UB Forest Industry Green Growth Fund (“UB FIGG”), which invests in sustainable and resource-efficient forest and bio-based industries, and complemented by SWEN […]

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Berlin-based HelloBetter adds up €5 million to its Series A to support its digital therapeutics road to profitability

HelloBetter, a digital health company specialising in evidence-based digital therapeutics, raised €5 million from HSBC Asset Management’s Financial Technology Venture Capital strategy as a second closing to its A2 round announced in May. This brings the total funding raised by the company in 2023 to €12 million. The investment will support HelloBetter with the scale-up […]

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Graz-based Metaloop raised €16 million to accelerate their growth & reduce carbon emissions

Metaloop, one of the largest European vertical software solutions for the metal recycling industry, founded in 2022 has successfully closed an oversubscribed Series A financing. The round was led by New York-based technology investor FirstMark Capital, totalling over €16 million Euros with participation from Silence VC and existing investors Statkraft Ventures and FJ Labs.  The […]

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Stockholm-based fintech Treyd secures €11.2 million in extension of Series A to achieve profitability

Treyd, a Stockholm-headquartered fintech that pays suppliers upfront on behalf of growing retail businesses, announced the completion of a €11.2 million extension of its March 2022 Series A funding. The extension funding brings total investment in Treyd to €23.3 million. The round is led by Swedish investment company Nineyards Equity, which also led Treyd’s Series […]

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Berlin-based Nuventura secures €25 million Series A to ditch greenhouse gas for good

Nuventura, a leading provider of SF6-free, medium-voltage (MV) gas-insulated switchgear (GIS) technologies, announced the completion of a €25 million Series A investment. The round is led by Mirova, through its impact private equity Mirova Environment Acceleration Capital fund, alongside new investors Forward.one and EIC Fund, and existing investors IBB Ventures, ADB Ventures, Cycle Group, Future […]

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Finnish packaging company Paptic secures €23 million Series A to expand its sustainable materials portfolio

Espoo-based Paptic has closed a Series A financing amounting to €23 million to drive the growth of the Finnish company and expand its materials portfolio.  The round is led by the European Circular Bioeconomy Fund (ECBF), US-based chemical company Ecolab and Japanese trading house Itochu Fibre Ltd. The new financing will support Paptic’s growth and […]

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London-based Lindus Health secures €16.5 million Series A to speed up clinical trials with machine learning

London and US-based startup Lindus Health has completed a €16.5 million Series A round to scale up and continue its mission of running innovative and radically faster end-to-end clinical trials for a range of conditions including depression, diabetes and insomnia. The funding comes from Spotify-backer Creandum, with participation from PayPal co-founder Peter Thiel and returning […]

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Bristol-based Phasecraft raises €15 million to make quantum computers outperform in real-world applications

Phasecraft, a British startup led by top academics developing world-leading quantum algorithms has raised a €15 million Series A funding round led by Silicon Valley deeptech VC Playground Global. AlbionVC also joined the round along with participation from existing investors Episode1, Parkwalk Advisors, LCIF, and UCL Technology Fund.  Founded in 2019 as a spinout from […]

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