Munich‑based deltaVision, a startup that builds valves, pumps and other fluidic components for rockets and spacecraft, closed a €10.2 million seed round led by KT Ventures and Valemount Capital to scale production and advance modular orbital refuelling technology.
Italian agrifoodtech startup Vinhood secured a €3 million funding round led by Linfa, the impact‑investing fund of Riello Investimenti. The capital will help the company enhance its AI‑driven taste‑profiling platform and accelerate its expansion across new markets and product categories.
German startup Voodin Blade Technology, together with Lithuanian partners VMG Wood Invest and VMG Technics and Anker‑Tec, received a €48.18 million grant from the EU Innovation Fund to create the first automated wooden blade factory in Spain, aiming to produce recyclable wind‑turbine blades and support a sustainable European supply chain.
The article explains why Lilium, the Munich‑based flight‑taxi startup, never received the €100 million KfW loan it had sought, despite state and Bavarian guarantees, and how the missed financing could affect its planned test flight and investor confidence.
Leeds‑based Xentra, a digital security startup founded in 2021, raised €3.18 million from Maven VCTs and NPIF II to expand its managed cybersecurity services for SMEs, strengthen its leadership team and accelerate growth.
CuspAI, a Cambridge‑based AI startup that designs new materials for clean energy and semiconductors, raised $450 million in a Series B round, bringing its total funding to over $670 million and valuing the company at $2.6 billion.
After pivoting its business model, Hamburg startup toern now focuses on AI‑based returns management. Founder Alena Schneck discussed the strategic shift and the company’s latest financing round, highlighting plans to grow the product and acquire new customers.
Terra Labs, originating from one of Sweden’s leading tech successes and supported by a heavyweight investor trio, has experienced a tenfold increase in its business. Its AI‑driven satellite imaging technology is now drawing interest from forestry companies eager to adopt the solution. The article highlights the company’s strong financial results and optimistic outlook.
Lockheed Martin Ventures, the venture arm of the US aerospace and defence giant, announced the opening of a new office in London and pledged at least €87 million ($100 million) of its €874 million fund to back European defence‑technology startups, aiming to deepen its presence in the European ecosystem and support transatlantic defence industrial base.
SWISSto12, a Swiss space technology startup, secured €70 million in financing to accelerate its development and market expansion.