Funding

Italian Rare Earth Recycling Startup RarEarth Secures €2.5M EIC Grant to Build First Production Plant

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RarEarth, an Italian startup specializing in recycling rare earths from electronic waste, secured a 2.5 million euro grant from the European Innovation Council (EIC) and potential equity investment of up to 6 million euros. The funding will support the construction of its first production facility and advance its patented technology for producing high-performance magnets in Europe. The company, founded in 2023, aims to reduce reliance on imported rare earths and promote sustainable manufacturing.

Danish Martech Startup Serpier Secures €1.4 Million in Seed Funding to Expand AI-Powered Marketing Platform

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Danish martech startup Serpier raised €1.4 million from True Collective and the Export and Investment Fund of Denmark to expand its AI-powered marketing platform for e-commerce businesses. The funding will accelerate development of its AI agent Navi, which optimizes digital visibility across search engines and AI chatbots like ChatGPT.

Irish HR Platform HR Duo Secures €1.6 Million to Accelerate UK Expansion

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HR Duo, an Irish HR platform for SMEs with frontline workforces, raised €1.6 million led by Puma Growth Partners and Enterprise Ireland to expand in the UK and scale its SaaS infrastructure. The funding supports targeting a €500-700 million SME HRTech market, with plans to achieve 41% ARR growth in 2026.

N26 Returns to Profitability in 2025 After Leadership Overhaul and Regulatory Pressures

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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.