Vienna AI Startup Fonio Secures $17 Million Series A Funding from 20VC
Vienna-based AI startup Fonio, led by CEO Daniel Keinrath, raised $17 million in funding from 20VC after previously avoiding venture capital.
Felix Wagner
Austrian Epigenome Editing Startup Epitome Therapeutics Raises €4 Million in Pre-Seed Round
Epitome Therapeutics, an Austrian BioTech startup focused on precision epigenome editing, secured €4 million in pre-seed funding led by XISTA Science Ventures and Caesar Ventures. The funding includes €2 million in equity and €2 million in non-dilutive grants. The company aims to develop its CADENCE platform for programmable gene expression and advance its first drug candidate.
German Startup Heimstatt Tackles Rural Depopulation by Connecting Municipalities with Young Families
Heimstatt addresses depopulation in rural German towns by linking municipalities with young families seeking to relocate.
Index Ventures in Talks to Lead €5 Million Series A for Berlin Energy Management Platform
Index Ventures is negotiating to lead a €5 million funding round for Berlin-based energy management startup Nomos Energy, according to sources. The company previously raised €0.1 million in 2021 and has grown to €7 million in valuation by 2023.
German startup embee tackles energy transition by helping power suppliers understand customer green tech adoption
embee’s intelligent measurement data evaluation enables power suppliers to understand customer ownership and usage of electric vehicles, heat pumps, and solar panels.
German IndustrialTech Startup Almetra Secures 16.3 Million Euros in Growth Funding
IndustrialTech startup Almetra secured 16.3 million euros in funding, marking a significant growth milestone for the company.
Austrian Startup Launches GDPR-Compliant AI Agent as European Alternative to US Solutions
eustella, an Austrian startup, launched a GDPR-compliant AI agent aligned with European data protection laws. The AI uses models hosted in the EU, including Qwen 3.5, Gemma 4, and Mistral, and offers free and paid subscription tiers for features like web searches, travel planning, image generation, and collaborative projects.
Munich Defense Startup SE3 Labs Secures €9.4 Million in Series A Funding
Munich-based defense startup SE3 Labs raised €9.4 million in Series A funding led by Lakestar and Seedcamp to develop a voice-controlled spatial AI defense platform for autonomous systems.
German and Ukrainian robotics firms establish joint venture to scale UGV production for Ukrainian military
ARX Industries, a joint venture between ARX Robotics (Germany) and Roboneers (Ukraine), aims to scale production of Rys Pro UGVs for the Ukrainian military. The partnership combines industrial capacity with frontline deployment expertise to meet Ukraine’s 2026 target of 50,000 UGVs.
N26 Returns to Profitability in 2025 After Leadership Overhaul and Regulatory Pressures
N26, a Berlin-based digital bank, reported €1.6m net income in 2025, reversing a €42m loss in 2024. The milestone followed leadership changes in 2025, including the ousting of co-founders and regulatory challenges with German financial watchdog BaFin. The company plans to focus on compliance, customer engagement, and AI integration in 2026.