EIF invests €40M in female-founded climate tech growth fund
The European Investment Fund (EIF) announced today it would invest €40mn with Blume Equity. Based out of London, the VC was founded by three women in 2020, and invests into…
Carbon accounting startup Plan A secures $27M to expand across Europe
Berlin’s corporate carbon accounting platform Plan A has just received a fresh boost of capital in the form of $27mn from Lightspeed Venture Partners, Visa, and others. The ESG reporting…
German startup Fernride bags $50M to make trucking autonomous
Munich-based autonomous trucking startup Fernride has closed a further $19mn in its Series A funding round, neatly pushing the total amount raised in the round to $50mn. Founded in 2019,…
Meet the VC on a mission to bridge climate tech’s funding gap
When it comes to saving the world — or, let’s face it, civilisation, the planet will recover — there is no silver bullet. Rather, it is going to take a…
Only 5% of $22B in VC funding for generative AI went to Europe
European startups got just $1bn of the €22bn that VCs have invested in generative AI since 2019, according to data from Dealroom. Unsurprisingly, American companies attracted the bulk of the…
British tech giant Arm rises to $65B valuation after first day of trading
Yesterday we reported that UK chip design company Arm was valued at just above $50bn before going public on the Nasdaq stock exchange. At the end of the day, the…
European fintech funding drops 70% in first half of 2023
Fintech funding in Europe has been greatly affected by the challenging economic environment, the latest report by Finch Capital has found. Specifically, startups in the sector raised a total of…
‘World’s most accurate’ startup data platform to identify gaps in AI ecosystem
Today, the Saïd Business School at the University of Oxford, along with early-stage VC OpenOcean, released what they call “the world’s most accurate open access startup insights platform” — the…
NordicNinja raises €200M fund for climate, deep tech startups
NordicNinja, the largest Japanese VC in Europe, has raised a fresh fund of €200mn for early-stage startups active in climate and deep tech, with particular focus on the intersection between…
Space startup bags $50M to fight climate change with satellites
Space startup Open Cosmos will accelerate its mission to protect our planet after raising $50mn in a new funding round. The UK-based company uses satellites to tackle environmental issues. By…
EU has ‘no chance’ of semiconductor independence — but neither does anyone else
Our world runs on semiconductors. The slivers of silicon provide electronic brains to phones, computers, cars, data centres, and stock markets. They’re also the digital backbone of modern militaries. Some…
Meet the 10 deep tech startups in Intel Ignite’s first UK accelerator
Intel Ignite, Intel’s accelerator for early-stage deep tech startups, has unveiled the 10 companies that will comprise its newly-launched London cohort — the first one in the UK. Starting on…
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