In today’s fast-paced digital age, we’re constantly bombarded with overwhelming information. Consequently, it is easy to overlook some equally important news stories that deserve our attention.
While we are all focused on the latest findings, breakthroughs, and acquisitions, other significant events are happening that may not hit our radar immediately.
In this edition of “In other news this week“, we’ve compiled a list of noteworthy news from Yazen Health raising €19.5M to Faber launching a new fund to support deep tech startups, that deserve your attention
Emerge secures €68M funding to support startups
Emerge, a London-based venture capital firm has raised £56 million for its second fund. The firm aims to invest in 25 to 27 startups that focus on learning and the future of work. It will offer initial funding of £500K to £2M, taking a 15 per cent ownership stake in each startup. Emerge will also keep about 25 per cent of the fund for future investments in these companies. (Read more)
Kaizen secures €50M minority investment
London-based Kaizen, a provider of regulatory compliance solutions for global financial institutions, has secured £42M minority investment from Guidepost Growth Equity, a Boston-based growth equity firm partnering with entrepreneur-led technology companies. The investment will be used to accelerate product development, invest in go-to-market initiatives, expand in North America, and enhance its award-winning compliance technology. (Read more)
TCC secures €20M for its digital intensive care unit services
Hamburg-based TCC, a provider of services related to the digital intensive care unit, secured €20M in Series A funding led by the visionary Captain Thomas Pötzsch. The company will use the funds to expand its AI-powered tele-intensive medical care solutions. TCC offers a remote ICU service through digital eHealth solutions, helping hospitals provide excellent care in their intensive care units. The company provides 24/7 remote support, using real-time data and AI to predict patients’ health needs. This lets TCC take a proactive approach to preventive treatment, ensuring high-quality care. (Read more)
Yazen Health raises €19.5M for its weight loss management platform
Lund-based Yazen Health is a digital caregiver focused on weight loss management through medical treatment and lifestyle changes. The company secured a €19.5M Series A funding round, marking the largest European investment for digital health platforms specialising in obesity care, including GLP-1 prescription services. (Read more)
Faber launches new fund to support deep tech startups
Lisbon-based Faber announces the launch of its new fund Faber Tech III, with a target size of €60M to help deep tech startups. This fund will focus on pre-seed and seed-stage companies working in areas like AI, robotics, computational biology, and data infrastructure. It will primarily target startups in the Iberia and Southern Europe regions. This first close is backed by the European Investment Fund (EIF), NATO Innovation Fund (NIF), Caixa Capital, alongside other key investors from the previous fund. (Read more)
Borro secures €350K funding
Based out of Brussels, Borro develops an intelligent deposit system for reusable cups. The company has raised €350,000 in its initial funding round led by Brussels-based venture capital firm Seeder Fund, with additional support from Imec.istart and a group of private investors. This capital injection will help the company expand its technology and bring it to a larger audience across Belgium and beyond. (Read more)
Miros secures €6M funding
Based out of London, Miros is building out the next generation of Human-Computer Interaction (HCI), where humans can interact with computers in a humanly intuitive, conversational fashion. With Miros, online shoppers find what they need in an online shop in 60 seconds or less. The UK company raised €6M in pre-Series A investment led by EBRD Venture Capital and Tera Ventures. Former Estonian President Toomas Hendrik Ilves also participated in the round as an Angel Investor. Miros will use the funding to enhance R&D, further develop the technology, and expand market reach. (Read more)
Radical Forge secures £2.6M funding
Radical Forge, a Middlesbrough-based games studio, has raised £2.6M from NPIF II – Mercia Equity Finance, which is managed by Mercia Ventures as part of the Northern Powerhouse Investment Fund II (NPIF II). The company has contributed to games including Gang Beasts, Sea of Thieves, Golf With Your Friends, and Zombie Army 4. The company also produces its games and has recently established a publishing division. Its first launch, the murder mystery puzzle Bright Paw, was published in 2020 and won the title of Best Puzzle Game at the prestigious NYX Game Awards. (Read more)
Research Grid secures funding to automate admin-free clinical trials
Research Grid (R.grid) is an automation engine for admin-free clinical trials based out of London. The company is on a mission to enable faster, more successful clinical trials by engineering smart software that safely automates back-office admin across the full trial life cycle. The company raised $6.5M in a seed round led by Fuel Ventures, with participation from Arve Capital, Morgan Stanley, Ada Ventures, Arāya Ventures, Ascension, Plug and Play Tech Center, and Atomico Angels, among others. (Read more)
iFAST secures funding to commercialise its product
iFAST is developing a rapid antimicrobial susceptibility test, that will enable every patient with bacterial infections to receive the right antibiotic, on time, every time. The company raised $6.5M in an oversubscribed funding round led by KHP Ventures, a medtech specialist investment fund backed by the NHS. The company will use the proceeds to bring its first product to the UK market in 2025, then the US and EU. (Read more)
Cambrium secures funding to develop sustainable biomaterials
Based out of Berlin, Cambrium specialises in protein-based specialty materials. Using biotechnology and Gen AI, Cambrium aims to create high-performance, sustainable materials to replace traditional petrochemicals, advancing a vision of materials sourced from microbes. The German company raised funding led by Gradient Ventures and other investors, including Earth Venture Capital (Earth VC), Leblon Capital, SeaX Ventures, and DG Daiwa. (Read more)
Recognise Bank secures new funding
Recognise Bank is a digital SME bank providing commercial lending and savings accounts for business and personal savers. The company secured £25M in new capital from its majority shareholder, which will support the delivery of a 5-year financial plan. This investment comes from Parasol V27 and technology entrepreneur, Ruth Monicka Parasol. (Read more)
Cloudsquid secures $1M funding
Cloudsquid specialises in extracting and transforming unstructured data. The company raised $1M in a pre-seed funding round led by High-Tech Gründerfonds and Backbone Ventures, with participation from angel investors Reetu Kainulainen (Founder Ultimate AI) and Udi Miron (VP Product Ultimate AI). The funding will accelerate the company’s mission to tackle data extraction and integration from complex document files using Generative AI. (Read more)
fundcraft raises €6M funding
fundcraft specialises in delivering end-to-end digital fund operations that enhance transparency, efficiency, and compliance for asset managers. The company announced the final closing of Series A funding round with a €6M round led by 3VC and MiddleGame Ventures. The company will accelerate its product and geographical expansion and cement its standing as Europe’s premier digital fund operations provider. (Read more)
Clair Scientific secures funding to develop a microscope
Based out of Herlev, Denmark, Clair Scientific developed a microscope — Z1, based on novel imaging technology and cloud computing. The Danish startup now raises 12M kroner from Innovestor and Danish investor EIFO. (Read more)
HelloBetter secures €3M for its digital mental health research
Based out of Berlin, HelloBetter offers ten online therapy programs, addressing both common mental health conditions, such as depression, insomnia, and panic disorders, as well as underserved conditions, including vaginismus and chronic pain. The company has raised €3M in non-dilutive funding for the research, development, and commercialisation of a transdiagnostic AI-driven digital mental health solution. (Read more)
Preikt raises €750K funding
Preikt is an AI-driven platform based in Leuven, Belgium, that assists CFOs and finance teams of large companies and multinationals in enhancing their financial forecasts. The company raised €750K funding to accelerate its growth. (Read more)
Plato secures $6.5M from Cherry Ventures and others
Plato has created an easy-to-use platform that uses AI to automate ERP processes in wholesale. It gives customers a clear overview of their sales activities, shows sales potential, and simplifies administrative tasks. The company secured $6.5M in funding led by Cherry Ventures alongside angels from Microsoft, SAP, Celonis, Personio, and Forto in the digital transformation of wholesale. (Read more)
Cintoo raised €5.3M in funding for its SaaS platform
Cintoo has developed a SaaS platform — Cintoo Cloud that combines Reality Capture technology with digital twins, making as-built conditions of physical spaces available online. It captures data from construction sites, factories, and plants using devices like laser scanners and drones, allowing remote project management without onsite visits. The company raised €5.3M from five international investors – AMAVI Capital, Armilar Venture Partners, Accenture Ventures, UI Investissement, and Region Sud Investissement. (Read more)
Investigo expands to the Netherlands
Investigo, the specialist permanent and interim recruitment firm, has opened its doors in Amsterdam, Netherlands. The company’s nearshore talent solution gives clients access to a broader pool of skilled professionals from nearby regions, offering faster recruitment, cost savings, and varied expertise. The company aims for a YoY growth rate of 15 to 20 per cent in revenue that aligns with its strategic focus on sustainable scaling and its increasing influence in the market. (Read more)
Entrepreneur Peter Goedvolk turns Professor
Entrepreneur Peter Goedvolk has been officially appointed Professor of Practice at the Unknown University of Applied Sciences in The Hague. As Professor of Practice, the Dutch entrepreneur and investor will give lectures, guide students in their entrepreneurship, and actively contribute to developing the college’s curriculum. (Read more)
Bringly launches Shipping Intelligence Engine
Amstedam-based Bringly, a logistics technology company, launched its new Shipping Intelligence Engine. It provides European online retailers with access to in-depth data and real-time AI analyses for their checkout and shipping processes. With this tool, online retailers can gain control over the performance of their shipping operations and take immediate action to optimise. (Read more)
Battolyser Systems appoints Marcel Galjee to its Board of Directors
Koolen Industries’ portfolio company, Battolyser Systems, has added Marcel Galjee to its Board of Directors, who was nominated by new shareholder, Invest-NL. Marcel is an expert in industrial green hydrogen and currently serves as the Chief Strategy Officer at HyCC (The Hydrogen Chemistry Company). He is also the Chairman of NLHydrogen, representing the Dutch hydrogen sector. His knowledge of green hydrogen and circular chemistry will help strengthen Battolyser Systems’ board as the company grows its green hydrogen solutions. (Read more)
Patchwork Health acquires L2P Enterprise Ltd
UK’s Patchwork Health, a provider of tech-driven workforce management solutions for healthcare announced the acquisition of L2P Enterprise Ltd, a provider of medical appraisal software and job planning software to healthcare professionals. This acquisition will result in a comprehensive end-to-end suite of tools designed to address the workforce needs of over 100,000 clinicians across more than 200 NHS and private healthcare organisations. (Read more)
BCN3D secures undisclosed funding
Catalonia-based BCN3D is a developer and manufacturer of 3D printing solutions. The company’s clients include Nissan, BMW, NASA, Camper, Louis Vuitton, and the Massachusetts Institute of Technology (MIT). The company raised undisclosed funding to fuel its growth in the light industrial additive manufacturing (AM) market. (Read more)