Prague-based Wultra Secures €6.8 Million Series A to Expand Post-Quantum Digital Identity Platform

Prague-based Wultra, a post-quantum digital identity platform for financial institutions, secured €6.8 million in Series A funding led by Seventure Partners. The investment will accelerate international expansion, product development, and alignment with upcoming European digital identity regulations.

Italian Rare Earth Recycling Startup RarEarth Secures €2.5M EIC Grant to Build First Production Plant

RarEarth, an Italian startup specializing in recycling rare earths from electronic waste, secured a 2.5 million euro grant from the European Innovation Council (EIC) and potential equity investment of up to 6 million euros. The funding will support the construction of its first production facility and advance its patented technology for producing high-performance magnets in Europe. The company, founded in 2023, aims to reduce reliance on imported rare earths and promote sustainable manufacturing.