What happens when a chemical engineer, who’s previously built a hydrogen-powered drone, becomes a venture capitalist? Energy Revolution Ventures (ERV), that’s what. The VC has now closed an $18 million seed and Series A fund to invest in deep tech, such as energy storage, carbon capture, and, yes, hydrogen technologies.  Marcus Clover, co-founder and partner […]

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Robin Capital — the Germany-based, solo GP-led VC fund by former entrepreneur Robin Haak — has hit its final close of “Robin Fund One” at €13 million. Combined with its additional growth-focused investment vehicle of €2 million, the fund now has a total of €15 million to play with. In the realm of European solo […]

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For many industries, lithium batteries just don’t cut it — they’re getting increasingly expensive, require too much space, and sometimes they are just overkill for many industrial use cases. Thermal batteries, on the other hand, can store energy in the form of heat for long periods, are often cheaper to invest in and deploy, and […]

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Integrating quantum computing into real-world computer applications is an ongoing problem, as the platforms are architected fundamentally differently. BlueQubit, a San Francisco-based quantum software startup founded by Stanford alumni, thinks it might have the answer.  Its Quantum Software as a Service (QSaaS) platform attempts to tackle the above problem by providing end-users with access to […]

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Online merchants usually pay up to 8% of every sale to companies like PayPal, Apple Pay, and Stripe, and pass those costs on to consumers. So-called ‘account-to-account’ or ‘A2A’ payments can cut transaction fees to below 1%, saving merchants and consumers quite a bit of cash. The difficulty has been in making it seamless for both […]

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Syndicate One is a debut investment firm out of Belgium that has raised a €6.5 million fund to back Belgian founders and startups. While the amount is small, the significance is that it is the first Belgian fund to have the support of all four of the federal regions of the country. This, in a […]

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With disinformation on the rise, especially given the explosion of AI, companies are just as vulnerable to its effects as individuals. Refute is a London-based startup that detects and responds to disinformation on behalf of these commercial entities. It’s now raised a £2.3 million ($2.9 million) pre-seed round led by U.K. investors Playfair and Episode 1. […]

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KHP Ventures is raising a £20 million ($25.5 million) fund specifically aimed at accelerating startups addressing depression, anxiety and psychosis.

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If startup funding rounds are any metric, generative AI is seeing ample adoption in the sciences. It makes sense: there’s a lot of trial and error involved in research and development, and any tool that can speed up the process for researchers is bound to be useful. The latest is Albert Invent, which offers an […]

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U.K.-based 1E, which detects software problems on desktop PCs remotely, has been acquired by Germany-based remote-working company TeamViewer for $720 million. This is TeamViewer’s biggest acquisition so far and will allow it to expand its North American market. 1E, which was sold to Carlyle Group in 2021, has several large U.S. customers, including HP and […]

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Back in the heady days of 2021, Heartcore Capital planned to focus on consumer technology with a $200 million fund. Fast-forward to 2024, and its latest fund will now “leaven the bread” of that thesis, with a fresh $180 million (€170 million) to go broader and more generalist than that earlier thesis.  Some 17 years […]

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Fly Ventures, the Berlin-based VC that invests in seed-stage European startups within enterprise and deep tech, has launched its third fund at €80 million. The firm raised its last €53 million fund in 2020. Aiming at technical founders, the firm claims Fund III was oversubscribed and raised in a single closing. Meanwhile, the small increase […]

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A startup with founders who previously served in the German military has created a product akin to an Amazon Firestick for legacy defense equipment, complete with a software stack. ARX Robotics claims its system can turn old equipment into AI-driven devices, such as autonomous-driving trucks.  Back in June this year ARX raised a €9 million […]

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U.K.-based legal tech startup Lawhive, which allows small, ‘Main Street’ law firms to run their affairs through an AI-based SaaS platform, is on something of a tear. In April it raised an $11.9 million Seed round. It’s now raised a $40million in Series A funding to expand in the US. The round was co-led by […]

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Marketplaces for software and services based on reviews are starting to reach their sell-by date. The user-generated reviews on sites like G2 and Capterra (one of Gartner’s three software directories) have often been accused of being paid for by software vendors. In fact, eight out nine of the reviews on the first page of G2’s […]

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As large enterprises grapple with how to incorporate AI into their platforms and processes, they have encountered a problem: Generative AI needs to have memory and its training data must be constantly updated for it to have any practical use. This area is now called ‘Live AI’ and a number of startups are working in […]

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We last covered EV charging platform Ampeco in 2023 when it raised a Series A round of $13 million. Today it’s raised $26 million in a Series B funding led by Revaia, a growth equity investment fund. That takes its total funding to $42 million.  Many EV charging systems are end-to-end solutions which makes them […]

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Writing the documentation that must go alongside the development of new drugs is a highly labor-intensive process: not much software is used and there’s a shortage of expert writers. Paris-based Biolevate helps medical writers go faster with a platform that uses NLP and visual document reading to assisting in writing. It’s now raised €6 million […]

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Belgium-based Odoo decided to use open source tools as a way to attack the enterprise resource planning (ERP) software market, going up against giants like SAP. Fast-forward a couple of decades and it’s now picking up €500 million in secondary investment — or around $527 million at current exchange rates — led by CapitalG (Alphabet’s […]

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