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.
Doctorsa, a Milan-based healthtech platform connecting travelers with doctors in 40 countries, raised 1 million euros to expand its digital healthcare service and enter new markets. The platform offers 24/7 telemedicine consultations starting at €20 and uses AI for agent-based booking.
The Cabildo de Tenerife has approved the launch of Tenerife Accelera Fund, a new financial instrument to boost startups and scaleups in strategic sectors, mobilizing private investment and creating qualified jobs.
Nlcomp, a Cleantech startup focused on sustainable maritime solutions, secured €1.15 million in funding led by Ocean to expand into the workboat sector. The investment will support the launch of its new rFactory in Monfalcone and the development of recyclable composite materials for low-impact maritime vessels.
Natac Biotech, part of Natac Natural Ingredients, secured 1.4 million euros from Spain’s Ministry of Industry and Tourism under the Industrial Value Chain Impulse Program to advance the FRACTAL project.
Favro, a Swedish SaaS company based in Uppsala, was declared bankrupt after a failed investment in Lithuania. The company had raised over 40 million SEK in venture capital. Founder Patric Palm plans to repurchase the business.
Respiro Diagnostics, a UK-based startup developing non-invasive breath-based diagnostics for lung diseases, raised £1 million in pre-seed funding led by Zinc Venture Capital and SFC Capital. The technology uses exhaled breath to detect lung cancer and other respiratory conditions, offering an alternative to invasive biopsies.
Klaro, an Italian AI platform addressing credit access challenges for SMEs, secured 3 million euros in funding led by 360 Capital. The platform uses AI and verified data sources to generate credit profiles, accelerating loan approvals for businesses and financial institutions.
UK fintech startup Stoa raised $2.4 million in a pre-seed round to grow its cash management platform, which offers upfront rewards on cash deposits. The platform connects financial institutions, brands, and customers through embedded banking and merchant partnerships.
Swiss photonics startup Aylight has raised €4.5 million in a pre-seed funding round to advance its chip-scale multiwavelength laser technology for AI data-center optical interconnects and high-precision sensing.