BioCircular Fiber, a Spanish startup, has started operating the country’s first industrial hemp fiber plant in Sevilla, producing locally sourced, traceable hemp fiber for textiles, construction, and animal bedding, aiming to replace imported fiber with sustainable domestic supply.
UK‑based water‑tech startup Metal Morph secured £700k in pre‑seed funding, co‑led by Sustainable Ventures and Green Angel Ventures, to scale its infrastructure‑as‑a‑service solution that recovers aluminium and iron‑based chemicals from municipal and industrial wastewater, aiming to create a circular supply chain and reduce costs and emissions.
Spanish biotech startup Entomonorte, which develops R&D and consulting services for converting bio‑waste into high‑value raw materials, secured a €100,000 grant from the public agency SRP via the Asturias Startup Fund to expand its operations in the region.
UK‑based Perceptual Robotics raised more than £4 million from new and existing investors, including Investing for Purpose, Loggerhead Ventures, One Planet Capital and Innovate UK, to accelerate its AI‑driven autonomous inspection systems for wind turbines and expand its market reach across Europe and beyond.
Nuclear Turbines, a Manchester‑based startup spun out of BAE Systems, announced its first external financing of £15 million led by IQ Capital to develop compact, high‑temperature turbine technology for cheaper modular nuclear power plants.
Babylon Facilities, a spin‑off of Rome‑based Babylon Cloud, raised €12 million in a three‑tranche equity round and accompanying debt instruments to build a 3 MW+ data centre powered entirely by solar energy, aiming to generate more electricity than it consumes.
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.
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.
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.
German startup Voodin Blade Technology, together with Lithuanian partners VMG Wood Invest and VMG Technics and Anker‑Tec, received a €48.18 million grant from the EU Innovation Fund to create the first automated wooden blade factory in Spain, aiming to produce recyclable wind‑turbine blades and support a sustainable European supply chain.