Altor Invests 380 Million SEK to Revive Swedish Textile Recycling Factory
Private‑equity firm Altor has poured about 380 million SEK into Circulose, the new owner of a dormant textile‑recycling factory, aiming to restart operations by late 2026.
Private‑equity firm Altor has poured about 380 million SEK into Circulose, the new owner of a dormant textile‑recycling factory, aiming to restart operations by late 2026.
European venture capital fund Brighteye Ventures announced the first close of Fund III, securing $72 million to back startups developing solutions for education and the job market.
A new AI lab founded by ex‑DeepMind researchers in Paris is nearing a $4 bn valuation after securing a large funding round.
German real estate tech startup syte secured €9 million in a Series A round led by amberra, with participation from NRW.BANK and existing backers, to scale its AI‑driven land and property analytics platform across Europe.
Icelandic startup Treble, which builds a cloud‑based platform for physics‑based sound simulation and synthetic acoustic data, closed a €15 million Series A‑2 round led by Paladin Capital Group, bringing its total funding to €36 million and supporting expansion into the United States and further development of physical AI technologies.
Belgian startup Logibot, which adds an AI layer to human‑like warehouse robots, secured €1.4 million in a seed‑stage round led by BeamBerlin to expand its robot‑as‑a‑temp agency platform across Europe.
Hard2beat raised its fund size to 110.3 million PLN, becoming the largest fund within the PFR Starter programme, with PFR Ventures increasing its stake and additional contributions from private investors and the management team.
Creem, a European fintech startup offering a billing and revenue‑management platform for AI‑native software firms, secured €5 million in a seed round led by Inovo VC. The funding will be used to launch Creem 2.0, broaden its product suite beyond traditional merchant‑of‑record services, and enhance AI‑driven billing and compliance features.
Leeds‑based deeptech startup MicroLub raised $10 million to scale its patented protein‑based ingredient technology that allows food manufacturers to cut fat and calories by up to 75% without sacrificing taste, supporting international growth and product commercialization.
Italian medtech startup MMI received a €17 million co‑investment from Angelini Ventures and the European Investment Bank, strengthening its Symani robotic micro‑surgery platform and marking the first deal under the BEI‑Angelini Ventures health‑tech partnership.