Dawnguard, an Amsterdam-based startup securing cloud systems during design, launched its platform, raised $3.3 million in pre-seed funding, and opened a New York office. The funding includes participation from UK-based BNVT Capital, Dutch Curiosity VC, and German eCAPITAL.
Musthad, an Italian startup addressing textile waste in fashion, secured 1 million euros in funding led by Alante Capital (USA) and Style IT (Italy). The platform connects brands with global circular operators to recycle, resell, upcycle, and donate excess inventory, reducing costs and environmental impact. Funds will expand operations and support growth toward doubling 2025 revenue by 2026.
calltime founder Jonathan Kurth reveals the company has over 300 customers ranging from scale-ups to corporations and aims to double this number while increasing revenue per customer in the next year.
Ysios Capital, a leading European venture capital firm in life sciences, announced the divestment of Memo Therapeutics AG following its acquisition by global biopharmaceutical company Ipsen. The deal includes an initial payment of 200 million euros.
The German government approved JD.com’s acquisition of MediaMarktSaturn with conditions to safeguard customer data. The European Commission is reviewing the deal for potential antitrust issues related to alleged Chinese state subsidies.
SumUp, a fintech focused on small business payments, has launched consumer bank accounts offering 5% cashback on purchases at its merchant network. The product aims to create a two-sided incentive system where consumers earn rewards while merchants receive zero transaction fees. The service is initially available in the UK, Ireland, Germany, France, Italy, and Spain, with plans to expand to all 38 of SumUp’s markets.
JD.com and Allianz have expanded their partnership to Europe, allowing customers to purchase insurance for electronics and home appliances directly on Joybuy’s platform. The service is initially available in the Benelux, France, Germany, and the UK, with plans to expand to other countries. Customers can choose from three insurance options during checkout.
Heimstatt addresses depopulation in rural German towns by linking municipalities with young families seeking to relocate.
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.
embee’s intelligent measurement data evaluation enables power suppliers to understand customer ownership and usage of electric vehicles, heat pumps, and solar panels.