Swedish Fintech Transfer Galaxy Prioritizes Profitability, Returns 25 Million SEK to Shareholders

Transfer Galaxy, a Swedish fintech startup, changed its strategy to a strict profitability focus, resulting in the distribution of nearly the entire profit from the previous year – roughly 25 million SEK – to shareholders, with rumours that the major owners may be planning an exit. Co‑founder and CEO Yosef Mohamed highlighted how special this achievement feels personally.

Finnish Eye-Tracking Startup SeeTrue Technologies Secures €2.2 Million to Power Next-Generation Smart Glasses

Finnish deep‑tech startup SeeTrue Technologies secured €2.2 million, led by ZEISS Ventures, to bring its ultra‑low‑power eye‑tracking technology to smart glasses, medical optics and industrial markets, and will use the capital to scale its team and international sales.

Latvian Biotech Startup PrintyMed Secures €2 Million in EU Grants for Spider-Silk Medical Device Development

In a EU‑Startups podcast, PrintyMed founder and CEO Jekaterina Romanova discussed the Latvian biotech startup’s biomimetic spider‑silk technology, its €2 million in EU grant funding, and plans to expand into Saudi Arabia while focusing on organ‑on‑a‑chip membranes for drug testing.

Italian Agritech Startup Aflabox Secures €1.35 Million Seed Funding for Food Safety Platform

Italian agritech startup Aflabox raised €1.35 million in a seed round led by Farming Future and supported by Eatable Adventures through the FoodSeed program. The funding will be used to finalize device certification, expand commercial operations in Kenya, Nigeria and Italy, set up a micro‑factory, and improve its AI‑driven field‑intelligence platform for rapid mycotoxin detection.