LawX, a Berlin-based LegalTech startup founded in late 2024, has raised €7.5 million in a Seed round led by Motive Partners. The company develops an AI-powered operating system for law firms and notaries, integrating case management, document processing, communication, and billing. The platform addresses labour shortages and outdated software systems in the legal market by automating administrative processes.
Danish biotech startup Alcolase raised €1.5 million to develop an enzyme-based technology that breaks down alcohol in the stomach before absorption, targeting the 540 million people in East Asia with ALDH2 deficiency (genetic alcohol intolerance). The company plans to launch in Singapore and South Korea, with a UK subsidiary supporting therapeutic drug delivery development.
Iride Acque, a company specialized in industrial water treatment, received a 3 million euro investment from Credem Euromobiliare Private Asset. The investment marks an important step in building a structured industrial group in the industrial water treatment sector. The company has already acquired Biemme Engineering in 2023 and Bieffe Costruzioni in this operation, creating a vertically integrated group covering design, installation, maintenance and remote management of water treatment plants.
Grupo Brisa, Portugal’s highway concessions operator, reported 2025 revenues of 1,231.6 million euros, a 13% increase from 2024. The group completed a merger with Rubicone BidCo effective January 1, 2025, strengthening its financial capacity. Net income was 173.4 million euros (down 44% from 2024 due to accounting effects of the merger). EBITDA increased 5.3% to 860.9 million euros. The group invested 109 million euros in infrastructure maintenance and improvements, a 25.9% increase from the previous year.
Destinus, a Dutch defence tech startup founded in 2021, is in talks to raise approximately €200m in a pre-IPO funding round, seeking a valuation above €5bn based on forecast annual revenues of €500m. The company, which develops drones and cruise missiles, recently acquired Swiss autonomous pilot startup Daedalean for $225m to strengthen its AI and autonomous flight capabilities.
OxidOS Automotive, a Cluj-based Romanian startup that develops software development tools and operating systems for the automotive sector, raised 1 million euros from Hyundai’s 42dot unit. The company creates platforms that enable automotive manufacturers and integrators to implement software safely and securely faster by reducing development, debugging, and certification time. This investment follows a 1.2 million euro seed round led by Early Game Ventures in 2022.
Gruppo Cap, the integrated water utility serving the Milan metropolitan area, approved a major industrial plan update through 2037 with total investments reaching over 1 billion euros by 2033. The plan focuses on infrastructure modernization, climate resilience, emerging micropollutant management, digitalization and cybersecurity. The company reported 2025 revenues of 500.5 million euros with 36.4 million euros net profit.
Czech-led Exaforce raised over €100 million in funding
Anthropic is raising $30 billion at a $900 billion valuation, surpassing OpenAI. The round is led by Dragoneer, Greenoaks, Sequoia Capital, and Altimeter Capital, each investing at least $2 billion. This comes three months after a previous $30 billion round at $350 billion valuation. Anthropic’s revenue is projected to reach $45 billion this year, five times higher than last year’s $9 billion, driven by the success of Claude and its new capabilities like Claude Cowork. The company continues to face scrutiny from European regulators regarding access to its latest Claude Mythos model.
Bounce Watch is a signal-based AI platform for private market intelligence founded in 2023 by Cem Otkun and Sedat Yusuf Ergunes. The platform continuously monitors company activity, detects emerging signals, and generates actionable insights for investors, corporate venture teams, M&A teams, and other enterprise users. The company has evolved into a three-product ecosystem and completed a pre-seed funding round at a €2.5 million valuation, followed by a bridge round with existing investors.