Vienna‑based ENPULSION, an industrial manufacturer of electric spacecraft propulsion, raised €22.5 million in growth funding and is now acquiring British chemical‑propulsion specialist Lift Me Off to create a full‑stack spacecraft mobility backbone.
Austrian startup Efferon, founded in 2016, creates blood‑purification cartridges that remove bacterial toxins and inflammatory mediators to treat sepsis. After receiving European CE MDR approval for its adult device in 2024 and paediatric certification in 2026, the devices have been used in over 25,000 treatments in 44 countries, generating more than €1 million in revenue. Efferon is now pursuing US regulatory pathways, expanding into China, and developing an outpatient solution for post‑sepsis and chronic inflammation.
Swedish racket‑sports booking platform Matchi has merged with its Austrian rival Eversports, consolidating the two companies in the European market.
Austrian ConTech startup Sodex Innovations raised €4 million to accelerate its automated surveying technology for construction sites, mines, and infrastructure projects. The funding will support international expansion and product development.
The German government approved JD.com’s acquisition of MediaMarktSaturn with conditions to safeguard customer data. The European Commission is reviewing the deal for potential antitrust issues related to alleged Chinese state subsidies.
Vienna-based AI startup Fonio, led by CEO Daniel Keinrath, raised $17 million in funding from 20VC after previously avoiding venture capital.
Epitome Therapeutics, an Austrian BioTech startup focused on precision epigenome editing, secured €4 million in pre-seed funding led by XISTA Science Ventures and Caesar Ventures. The funding includes €2 million in equity and €2 million in non-dilutive grants. The company aims to develop its CADENCE platform for programmable gene expression and advance its first drug candidate.
eustella, an Austrian startup, launched a GDPR-compliant AI agent aligned with European data protection laws. The AI uses models hosted in the EU, including Qwen 3.5, Gemma 4, and Mistral, and offers free and paid subscription tiers for features like web searches, travel planning, image generation, and collaborative projects.
Graph Therapeutics secured $5 million in funding to advance precision immunology
Vienna-based SOMAREALITY secures over €3 million to power real-time cognitive monitoring through eye tracking