€5M–€20M

US Networking Giant Ciena Acquires Italian Photonics Startup PhotonPath

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Italian deep‑tech startup PhotonPath, founded in 2019 as a spin‑off from Politecnico di Milano and backed by several European investors, was acquired in full by US‑listed company Ciena. The deal, whose financial terms were not disclosed, marks a new development phase for the Milan‑based photonics company, which will keep its staff and headquarters in Italy.

BizAway Secures €10 Million from BBVA to Acquire Dutch Travel Firm and Expand Across Northern Europe

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Spanish travel‑management startup BizAway secured €10 million from BBVA to fund the purchase of Dutch firm Uniglobe Alliance Travel and to boost its footprint in the Benelux market, marking a significant step in its European growth strategy.

Italian Food Safety Startup Biorsaf Raises €5.2 Million, Acquires Cooki to Build AI-Powered RegTech Platform

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Italian food‑safety startup Biorsaf secured €5.2 million in a funding round led by P101 SGR and bought Bologna‑based RegTech platform Cooki. The combined entity will offer the first end‑to‑end AI‑driven solution for food compliance, traceability, labeling and cost analysis across Italy’s food, workplace and water safety sectors, aiming to grow from 40 to 120 employees and expand its user base beyond 10,000 active users.

Belgian AI Safety-Testing Startup IVEX Secures €5 Million Series A to Expand Globally

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Belgian deep‑tech spin‑out IVEX, founded in 2018 from KU Leuven, secured a €5 million Series A to scale its AI‑driven platform that automates vehicle safety‑testing data analysis, aiming to become the operating system for automotive safety testing and to grow its market reach beyond Europe.

London AI Compliance Startup HelmGuard Secures $7.3 Million Seed Funding for US Expansion

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London‑based HelmGuard, a startup that uses specialised AI agents to automate risk and compliance assessments for regulated industries, closed a $7.3 million seed round co‑led by Infinity Ventures and Frontline. The funding will support US expansion and product development.

Portuguese Digital Health Platform Hope Care Secures €6 Million Series A to Expand Remote Patient Monitoring Across Europe

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Portuguese digital‑health startup Hope Care raised €6 million in a Series A round led by Iberis Capital to expand its regulated remote patient monitoring platform across Europe, adding new offices in Germany and Romania and scaling programmes in Portugal, France and Switzerland.

BioInnovation Institute Deploys €7.8 Million to Accelerate Six Danish Life-Science Startups Toward Market

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The BioInnovation Institute (BII) announced an additional €7.8 million grant, split as €1.3 million per company, for six Danish spin‑outs working on antibody cancer therapies, AI‑powered ultrasound, inflammatory disease treatments, biological pest control, vaccine‑based immunotherapies, and waste‑to‑fuel technology. The funding builds on a prior €500 k grant each, bringing total support to €1.8 million per company and includes continued access to BII’s Copenhagen innovation platform.