Untold, a Romanian music festival, announced a funding round targeting over 9 million EUR through SeedBlink. The company aims to expand globally, with plans for festivals in Colombia (2027) and other regions, and aspires to become Romania’s next unicorn valued at $1 billion.
Telum Therapeutics, a biotech company leveraging metagenomic datasets, synthetic biology, and generative AI to develop novel antimicrobial therapies, announced the closure of an 18 million euro Series A round. The funding will advance its primary program for hospital-acquired bacterial pneumonia.
The University of Edinburgh, known for its deeptech spinouts, is supporting emerging startups seeking funding to advance their technologies. A recent spinout has secured €3.5 million in growth-stage funding led by HBL.
Vienna-based AI startup Fonio, led by CEO Daniel Keinrath, raised $17 million in funding from 20VC after previously avoiding venture capital.
Hypefy AI, a Croatian AI platform for automating influencer marketing campaigns, secured $7.2 million in Series A funding led by AYMO Ventures. The platform streamlines end-to-end influencer campaign execution, including creator discovery, outreach, and performance tracking. The funding will accelerate global expansion and product development.
Six Robotics, a Norwegian DefenceTech startup, raised €12 million in a Seed round led by DTCP Defence to develop autonomy software for unmanned systems. The funding will support collaboration with Norwegian defence partners and international expansion.
Nordic Forestry Automation (NFA), a Lund-based Agritech startup, raised €4.3 million in a funding round led by Navigare Ventures and Almi Invest Greentech. The investment supports the development of AI-driven forestry machinery solutions, with existing and new investors participating. NFA’s technology enables real-time tree measurement and operator support in forestry operations.
Index Ventures is negotiating to lead a €5 million funding round for Berlin-based energy management startup Nomos Energy, according to sources. The company previously raised €0.1 million in 2021 and has grown to €7 million in valuation by 2023.
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.
Breakits, a fintech company, received millions in investment from a venture capital firm. The article highlights the funding milestone and mentions a breakfast meeting and a profile flying over the Alps.