At the EU‑Startups Summit, 3TS Capital connected with Wamo and later announced a €10 million investment, marking a significant funding milestone for the Finnish neobank.
Polish defence‑tech startup PERUN has secured fourteen new grants from the National Centre for Research and Development as part of the state’s New Technologies programme, aimed at advancing security and defence solutions.
CleanOs, Fraido and Prometheus Plasma Systems were chosen as the three finalists of the Lake Como Venture Lab, an Italian deep‑tech incubator. Each startup will receive a €150,000 grant and a year of support at the Politecnico di Milano’s Lecco campus, aiming to accelerate their mechatronics and medtech innovations.
Irish startup Nernst Electric secured €1.7 million in seed funding from Hatch Blue’s Blue Revolution Fund to develop and demonstrate its ceramic‑based on‑site oxygen generation system, aimed at reducing costs and logistical challenges for fish farms and heavy‑industry users.
Italian AI deployment startup Datapizza raised €10 million in a Series A round led by Nextalia Ventures to expand its team, accelerate product development and make its AI solutions accessible to larger and mid‑size companies in Italy.
London‑based AI deployment startup Arrakis raised $38 million, including a $30 million Series A co‑led by Blossom Capital, to help industrial companies design, build and scale AI agents and to expand internationally with new offices in New York and the Middle East.
Spanish energy startup Catalyxx announced that it will build a €120 million commercial‑scale bio‑based chemicals plant in Sines, Portugal. The project, part of a broader European push for circular bio‑based industries, is funded by private capital and public sources, including a €20 million grant from the Circular Bio‑based Europe Joint Undertaking. The plant will produce drop‑in, carbon‑negative chemicals such as butanol, hexanol and octanol, aiming to replace fossil‑derived counterparts and reduce CO₂ emissions by about 105,000 tonnes per year. Construction is slated to start in Q4 2026.
German FinTech startup Augustus has become a unicorn, joining the elite group of billion‑dollar valued companies.
Verda, a Helsinki‑based AI infrastructure startup, obtained a €22 million loan from the Nordic Investment Bank, backed by InvestEU, to buy GPUs and expand its renewable‑powered data centres as it scales its AI cloud services after raising €102.5 million earlier in the year.
London‑based startup Modo Energy raised €14.9 million from CIBC Innovation Banking to scale its AI‑driven benchmarking and valuation platform for battery storage and renewable assets, aiming to broaden its market reach and enhance its product offering.