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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Introducing the Blue Bio Value Acceleration Programme 2023: Accelerating Innovation in Blue Biotechnology

It’s Back! The pioneering programme Blue Bio Value returns this 2023 to support ocean-bio-based sustainable solutions to address the current climate, environmental and social challenges. Applications are now open until June 5th! This programme aims to fast-track startups operating within the value chain of marine bioresources, specifically in the blue biotechnology sector, that offer sustainable […]

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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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10 super promising Slovenian startups to watch in 2023

Slovenia has emerged as a startup-friendly destination, fostering a growing and supportive ecosystem that breeds success. Entrepreneurs in the country are eager to share their knowledge, forging valuable connections and inspiring one another. Benefiting from a thriving economy and strategic location, Slovenia presents excellent prospects for aspiring entrepreneurs. The nation’s startup ecosystem has seen a […]

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Berlin-based COCOLI raises €3 million Seed round to further revamp its vintage designer furniture online platform

COCOLI, a young Berlin-based online platform for buying and selling preloved quality design furniture, has raised €3 million in a Seed round led byShip2B Ventures, Adevinta Ventures and IBB Ventures Invest. In addition, the renowned business angel Justus Janauskas (Co-Founder, Vinted), alongside Fanny Moizant (Co-Founder, Vestiaire Collective) and Helen Zeitoun (CEO & Founder, IPSOS, GfK), […]

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Paris-based Loewi raises €1 million Pre-Seed round to bolster the reconditioning of electric bicycles in Europe

Sales of electric two-wheelers have exploded in recent years in France and the rest of Europe, with electric bicycles leading the way. The total number of electric bicycles in circulation will reach nearly 50 million units by 2030 in Europe (Expert Market research). These electric two-wheelers are disrupting our transportation habits; however, there are still […]

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Prague-based fintech 4Trans partners with Allianz Trade to provide European SMEs with secure funding solutions

4Trans, a fintech specialising in financial products for supply chain and logistics companies, has partnered with Allianz Trade to offer SMEs in the EU access to secure funding solutions and protection against potential revenue loss. Through the partnership, 4Trans will be able to provide EU SMEs with the necessary funding to support their cash flow […]

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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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London-based marketplace Laced raises €11.2 million Series A round to make fairer access to exclusive sneakers

Luxury goods and sportswear have long been the most successful segments in the wider apparel, luxury and fashion sector. Demand for these products is high, however this appetite is a result of scarcity and inaccessibility. As a result of this demand, some premium products are released in a way that is not equitable for all.  […]

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Madrid-based Playtomic hits the ace by acquiring Portuguese competitor AirCourts

Playtomic, world’s largest racket sports community and management software for racket sports, announced it has acquired its Portuguese counterpart AirCourts, the leading sports reservation and club management platform in Portugal for an undisclosed sum. Founded in 2015 to give players easier access to sports, AirCourts grew to become the leading sports booking App in Portugal, […]

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