German deep‑tech startup INLEAP Photonics secured about €20 million in seed capital, led by UVC Partners, to accelerate production and market rollout of its ultra‑fast laser beam steering systems that neutralise drones for military and critical‑infrastructure protection.
Berlin‑based startup Auxxo announced the closing of its second investment fund, securing €33.3 million to support its growth plans.
Space Cargo Unlimited announced a strategic investment in Novespace, the leading European provider of parabolic flight services and a subsidiary of France’s space agency CNES. The deal makes Space Cargo a shareholder alongside CNES, adding short‑duration microgravity access to its portfolio of autonomous space manufacturing platforms and strengthening its vision of an integrated fleet for research and commercial manufacturing in orbit.
Swedish startup Find My Factory has changed its name to Speya and secured 6 million Swedish crowns to build AI‑powered supplier review tools, positioning the solution as a new standard for the industry.
Berlin‑based energy platform Cloover, founded in 2023, announced it has become profitable with a $350 million revenue run rate and secured a $100 million financing facility backed by a €350 million European Investment Fund guarantee, expanding its capacity to fund residential solar, heat‑pump and home‑electrification projects in Germany, the UK, France and Poland.
Swiss email security startup xorlab secured €5 million in a Series A+ round led by Spicehaus Partners to scale its AI‑driven email security platform across Europe, targeting financial, healthcare, critical‑infrastructure and public‑sector customers.
Swiss construction‑tech startup Foldcast received €160k from Venture Kick to scale its recyclable paper mould system that reduces concrete use, aiming to launch pilots and commercial partnerships across Europe.
Swiss biotech startup PANDA Therapeutics received a €160,000 grant from Venture Kick to develop a first‑in‑class antibody therapy that simultaneously targets multiple harmful protein deposits in Alzheimer’s disease, aiming to improve treatment effectiveness and slow disease progression.
Finnish quantum‑technology startup S‑Transistors secured €2.6 million in pre‑seed financing, led by Lifeline Ventures, to build superconducting transistors for cryogenic quantum computers, aiming to create a wafer‑scale multiplexer that brings control electronics closer to the quantum processor.
Swedish drone cleaning startup Cleean, based in Nacka, raised over ten million kronor from venture capital firm Veq after a strong start, but has been operating drone flights without the necessary permits from the Transport Agency, highlighting regulatory challenges in the fast‑growing sector.