- Neura Robotics, a Metzingen, Germany-based AI and robotics startup, raised $55M in funding. The round was led by Lingotto, Vsquared Ventures, Primepulse and HV Capital. The company intends to use the funds to boost its leadership in cognitive robotics and drive international expansion into the U.S. and Japan.
- Switzerland-based car-subscription service Carvolution will receive CHF24 million ($27.9 million U.S.) of financing from Zuger Ka AntonalBank, a cantonal lender based in the country.
- Netcraft, a Bath, UK-based company which specializes in cybercrime detection, disruption, and takedowns, raised over $100M in its first funding. Spectrum Equity made the investment. The company intends to use the funds to accelerate its plans to drive growth and expand globally.
- Tractable AI, a London, UK-based company which specializes in artificial intelligence (AI) using computer vision to assess the condition of cars and homes, raised $65M in Series E funding. The round was led by SoftBank Vision Fund 2 with participation from existing investors Insight Partners and Georgian. As part of the transaction, Nahoko Hoshino, Investment Director for SoftBank Investment Advisers, will join the Tractable board. The company intends to use the funds to accelerate its expansion across the auto and property ecosystems to apply AI to cars and homes that need to be repaired, protected, recycled or sold.
- Sensorfact, an Utrecht, Netherlands-based provider of a platform for manufacturers to improve their resource efficiency, raised €25M in funding. The round was led by Blume Equity, with participation from existing investors FORWARD.one, Korys, and SET Ventures. The company intends to use the funds to enter new markets and optimize its current product suite, expanding the range of resource categories measured to serve industrial businesses on a global scale.
- The Oater, a Cologne, Germany-based foodtech startup, raised a seven-figure euro pre-seed funding. The round was led by Rüdiger Koppelmann, CEO of SodaStream. The company intends to use the funds to produce the oat drink machines and enter the market.
- constellr, a Freiburg, Germany- and Brussels, and Liege, Belgium-based provider of smart farming services for the agricultural sector, raised a Seed funding of undisclosed amount. The round, which brought the total amount of the Seed to €17M, was led by Karista with participation from Einstein Industries Ventures and existing investors FTTF, Lakestar, Vsquared, Amathaon Capital, Natural Ventures, OHB Ventures and EIT Food.
- Béa Fertility, a London, UK-based fertility tech startup making clinical-grade fertility care available at home, raised $3.2m in funding. The round, which brought total funding to date to $4.2m, was led by Octopus Ventures and joined by JamJar and Forward Partners, with additional participation from existing investors Calm/Storm and Q Ventures.
- Phrase, a Prague, Czech Republic-based cloud localisation software provider, raised €12M Debt Financing. CIBC Innovation Banking provided the financing. The company intends to use the funds to further develop its AI-driven language technology.
- Leaf Space, SpA, a Lomazzo, Italy-based provider of ground segment services for satellite operators, completed a capital increase for a total of €20m . The round was led by CDP Venture Capital Sgr (through Fondo Evoluzione) and Neva Sgr, alongside SIMEST (through the Single Venture Capital Fund) and Digital Transition Fund – part of the CDP S.p.A. group, with participation from existing shareholders RedSeed Ventures, Primo Space, and Whysol Investments. In addition, the European Investment Bank (EIB) has committed an additional €15m in venture debt.
- Easyrain, a Rivoli, Italy-based developer of active safety system to counter aquaplaning on roads, raised €5.8m in funding. Backers included ≥Indaco Ventures Partners, Progress Tech Transfer, Equiter (through the RIF-T vehicle) and LIFTT. This new funding round is the third since Easyrain’s foundation, totaling €15.8m.
- Wooptix, a Tenerife and Madrid, Spain- and San Francisco, CA-based company which specializes in semiconductor metrology equipment incorporating wavefront phase imaging, raised €10M in Series B funding. Backers included Bullnet Capital, Danobatgroup, European Innovation Council Fund (EIC), Fagor Automation, Intel Capital and Mondragón Promotion Fund.
- Xterio, a Zug, Switzerland-based company that develops and distributes Web2 and Web3 games and interactive entertainment, raised $15M in funding. The round was led by Binance Labs. The company intends to use the funds to further game and tech development, including integration of AI, and the launch of its tokens. Led by Michael Tong, co-founder, Xterio is a Web3 game platform and publisher bridging free-to-play and on-chain gaming with in-house and third-party games currently in development.
- Verity, a Zürich, Switzerland-based autonomous indoor drone company, raised additional $11M in Series B funding. The round was led by A.P. Moller Holding, with participation from Qualcomm Ventures, Exor Ventures, Fontinalis Partners, Airbus Ventures, Sony Innovation Fund, ROBO Global Ventures and Verve Ventures. The company intends to use the funds to expand its business reach to provide its clients with data-driven intelligence and inventory management solutions powered by self-flying drones.
- Norway-based FREYR, a developer of clean, next-generation battery cells, announced on Thursday, July 13, that it has received a €100M grant from the European Union to develop its Giga Arctic project in Norway. The grant is supported by the EU’s Innovation Fund (EUIF) as part of the EU’s efforts to boost localised battery manufacturing.
- PVcase, a Vilnius, Lithuania-based provider of solar project design software, secured a joint investment of $100m. The round, which brought total funding to over $123m, was led by Highland Europe, Energize and existing investor Elephant. The company intends to use the funds to continue to expand operations and develop its software solution.
- Aphea.Bio, a Gent, Belgium-based agricultural technology company, raised €70M in Series C funding. The round was led by Innovation Industries, joined by Korys Investments and supported by Bill & Melinda Gates Foundation, SFPIM, BNP Paribas Fortis, and returning investors ECBF, Astanor, AIF as well as other existing shareholders.
- Tenpoint Therapeutics, a Cambridge, UK-based biotechnology company pursuing vision-restoring engineered cell-based therapeutics and in vivo reprogramming, raised $70M in Series A funding. Backers included British Patient Capital, F-Prime Capital, Sofinnova Partners, Qiming Venture Partners USA, Eight Roads and the UCL Technology Fund, among others.
- Causaly, a London, UK- and Athens, Greece-based provider of an AI platform for biomedical research, raised $60M in Series B funding. The round, which brought the total amount to $93M, was led by ICONIQ Growth, with participation from Index Ventures, Marathon Venture Capital, EBRD, Pentech Ventures and Visionaries Club. Strategic individuals also participated in the round, including Alex Gorsky (former Chairman and CEO of Johnson & Johnson) and Olivier Pomel (CEO and Co-Founder of Datadog). In conjunction with the funding, Caroline Xie, general partner at ICONIQ Growth,, joined Causaly’s board of directors.
- Rocsys refuels with €33 million to bring autonomous charging to EV charge points. The round was led by SEB Greentech Venture Capital, and includes Graduate Entrepreneur, the European Investment Bank, and returning investor Forward.One.
- QuoIntelligence, a Frankfurt, Germany-based provider of threat intelligence solutions, raised €5m in Seed financing. The round was led by eCapital Entrepreneurial Partners with participation from private investors. The company intends to use the funds to expand the team, enhance products and services, and increase its market reach.
- PlastFormance GmbH, a Teisendorf, Germany-based materials startup, raised a seven-figure second funding round. High-Tech Gründerfonds is investing with its newly launched HTGF IV fund together with ICIG Ventures Holding S.A. and Jobest GmbH. The company intends to use the funds to drive further growth, scale up production capacity at its site in Berchtesgadener Land, Bavaria, strengthen the team, and promote material development for additional application areas.
- Vertama, a Berlin, Germany-based startup that digitises medical reporting processes in the hospital environment, raised a seed funding round of undisclosed amount. The round was led by High-Tech Gründerfonds (HTGF), Berlin Angel Fund and renowned business angels. The company intends to use the funds to continue to expand operations and its business reach.
- Dryad Networks, a Berlin, Germany-based startup that provides wildfire detection through large scale IoT networks and sensors, received an investment from Telus Pollinator. The amount of the deal was not disclosed. The company intends to use the funds to further scale in the US and into Canada.
- Group14 Technologies, a Woodinville, WA-based global manufacturer and supplier of advanced silicon battery technology, acquired Schmid Silicon Technology Holding GmbH, a Spreetal, Germany-based silane producer. The amount of the deal was not disclosed. The acquisition will support Group 14’s European operations, with plans to open its first offices in Germany. As part of the deal, the company plans to retain and integrate all current Schmid Silicon employees while also offering training to transition additional hires from traditional energy sectors into clean energy. Once the factory is online and operational, Group14 expects to grow its headcount as much as 5x.
- Isometric, a London, UK-based provider of a carbon removal registry and science platform, raised $25M in Seed funding. The round saw participation from Lowercarbon Capital and Plural with participation from angel investors Niklas Zennström (founder of Skype), David Helgason (founder of Unity Technologies), Ross Mason (founder of MuleSoft) and Ilkka Paananen (founder of Supercell). In conjunction with the funding, Lowercarbon Capital’s Ryan Orbuch has joined Isometric’s board.
- Microoled, a Grenoble, France-based manufacturer of OLED microdisplays, raised €21M in funding. The round was led by Jolt Capital, Bpifrance via its Innovation Defense Fund, Cipio Partners and Ventech. The company intends to use the funds to finance the development of the next range of full colour, high luminance OLED solutions, to expand manufacturing capabilities in Grenoble, and to grow international sales teams in the security segment and the B2B ActiveLook platform model.
- Sonio, a Paris, France-based prenatal care company, raised $14M in Series A funding. Backers included Cross-Border Impact Ventures, European Innovation Council and SMEs Executive Agency (EISMEA), Elaia, OneRagtime, Bpifrance, and business angels.
- Bluu Seafood, a Berlin, Germany-based biotech producing cultivated fish, raised EUR 16M in Series A funding. The round, which brought the total amount to $23M, was led by Sparkfood and LBBW VC. Other investors included SeaX Ventures, Manta Ray Ventures, Norrsken VC, Delivery Hero, and Innovationsstarter Fonds Hamburg GmbH.
- Carthera, a Lyon and Paris, France-based developer of an ultrasound-based medical device, raised €37.5M in Series B funding. The round was led by an undisclosed investor, alongside the European Innovation Council Fund (EICF), Panakès Partners, Relyens Innovation Santé (Turenne Santé) and Supernova Invest with its Supernova 2 fund.
- Gleamer, a Paris, France-based manufacturer of AI-powered solutions for medical imaging, raised €27M in Series B funding. The round, which brought the total amount to $36M, was led by Supernova Invest, and Heal Capital, with participation from XAnge, Elaia, Bpifrance via the funds Digital Venture and F3A from France 2030, MACSF, Crista Galli Ventures, and UI Investissement, as well as European radiologists.
- Delft-based VSParticle raises €14.5 million to unlock a century of material innovation with nanoparticles
- Resistant AI, a Prague, Czech Republic-based artificial intelligence (AI) and machine learning security company, raised additional $11M in Series A funding. The round, which brought the total amount to $27.6M, was led by Notion Capital. This was in addition to existing funding from investors including GV, Index Ventures, Credo Ventures and Seedcamp. The company intends to use the funds to expand its product, team, and geographical presence.
Led by Eitan Bek, Rona Segev, Shahar Tzafrir, and Adi Yarel Toledano, complemented by Yonatan Mandelbaum, Brian Sack, and Bar Dor, The firm has invested in 60 companies including Aqua Security, Next Insurance, Aidoc, Run:ai, Silverfort, Quantum Machines, Unit, Immunai, Deepcure, Buildots, Zencity, Firebolt, Mesh, Laminar, Oligo Security, and Port.