Funding

Copenhagen-based P-Secure Secures €1.8M in Fresh Funding for European Expansion

by

P-Secure, a Copenhagen-based technology company founded in 2022, has announced a €1.8 million funding round to accelerate its expansion across Europe. The capital injection brings the company’s total funding to €4.5 million since its establishment. The round was led by Michael Holm, an experienced entrepreneur known for building and scaling global enterprises. Holm joins existing … Read more

Portuguese Banking Giant BCP Surges Toward 1 Euro Per Share as Ageas and Fosun Circle Stakes

by

BCP stock rose 0.56% to 0.9616 euros, approaching the 1 euro mark and becoming the third largest company on the Portuguese stock exchange (PSI). The bank achieved a market capitalization exceeding 14 billion euros. Belgian insurer Ageas is evaluating a 5% stake acquisition while Chinese group Fosun explores options for its 20.45% stake. Shareholders approved distribution of 90% of profits through dividends and share buybacks totaling over 900 million euros. The bank earned over 300 million euros in Q1, surpassing analyst expectations.

Stellantis Unveils 60 Billion Euro FaSTLAne 2030 Strategic Plan to Rebuild After Record Loss

by

Stellantis presented FaSTLAne 2030, a 60 billion euro five-year strategic plan aimed at transforming the company into a profitable growth machine following a 22.3 billion euro loss in 2025. The plan focuses on brand portfolio restructuring, launching 60+ new vehicles including 29 fully electric models, expanding global platform investments (24 billion euros), and strengthening strategic partnerships with Leapmotor, Dongfeng, and Jaguar Land Rover. The Portuguese Mangualde plant, which already produces electric vehicles with support from the Recovery and Resilience Plan, is well-positioned to contribute to the company’s European expansion targets.

London Beauty Tech Startup Fresha Raises $80m from KKR to Achieve Unicorn Status

by

London-based Fresha, a beauty and wellness software startup providing appointment booking, payments and business management solutions for salons, spas and wellness operators, raised $80m from KKR at a valuation exceeding $1bn, achieving unicorn status. The company is already profitable and plans to use the capital for international expansion and AI tool development.

Austrian Biotech Efferon Secures €2.5M Seed Funding to Expand Sepsis Treatment Manufacturing Across Europe

by

Efferon, a biotech company developing hemoadsorption devices for treating sepsis and septic shock, has secured €2.5 million in seed funding led by private investors from the DACH region. The company will use funds to build a new EU production facility and expand manufacturing capacity. Efferon’s products include Efferon LPS for general use and Efferon NEO for pediatric patients, with the latter recently receiving CE MDR certification. The technology has been used in over 25,000 treatments across 40+ countries.