Wero, a European payment platform, is expanding its network as payment providers from several Southern and Northern European countries will connect via a new joint venture based in Madrid. The initiative will allow seamless cross‑border payments for consumers, such as sending a Tikkie abroad or paying online without a credit card, and aims to increase Wero’s reach despite challenges in markets like Germany.
Berlin‑based Deepslate raised €7.7 million in a seed round led by 42CAP to expand its European‑focused speech‑to‑speech AI platform, which processes spoken language directly and is hosted entirely within the EU.
Lyft, the US ride‑hailing company, announced the European rollout of its existing app, enabling travelers from North America to book rides in Europe without downloading a new app. The expansion begins with Barcelona and Hamburg and will cover several major European cities by the end of October 2024, with plans to support local currency payments.
Berlin‑based Everphone, a Device‑as‑a‑Service platform for businesses, obtained a €15 million refinancing facility from Commerzbank and the development bank KfW. The funding will be used to buy new devices for its corporate customers, lower financing costs and support further growth of its circular DaaS model.
Berlin‑based startup Restate, founded in 2024 by the creators of Apache Flink, raised $20 million in a Series A round led by Singular with participation from Redpoint Ventures and Capital One Ventures. The funding brings its total to $27 million and will be used to develop its AI‑agent infrastructure product and expand into the U.S., opening a commercial hub in San Francisco.
Romanian startup TNX is opening local sales teams in Bulgaria, Germany and Hungary to help enterprise software vendors generate new business, targeting 30 new clients and €450‑500k annual recurring revenue by 2027.
Munich‑based HR tech startup Ahron secured €2.2 million in a funding round led by Cusp Capital to accelerate development of its AI agent‑based platform that automates HR processes and to fund international expansion.
Berlin‑based startup Apheris, together with Ginkgo Datapoints, announced the creation of the Antibody Developability Consortium, bringing together pharma giants such as AbbVie, argenx, Lundbeck and Takeda to contribute proprietary antibody sequences. The consortium will compile a 10,000‑antibody dataset and develop AI models within Apheris’s secure federated infrastructure, allowing members to train and fine‑tune models without exposing raw data. The initiative aims to improve early prediction of developability risks, accelerating antibody drug development.
Belgian construction‑tech startup Spotable secured €4 million in seed capital to enhance its AI‑driven measurement and quoting platform for roofers and other contractors, and to scale the business across Europe and the US.
German deep‑tech startup Reverion secured a €154 million Series B round led by the Deeptech and Climate Fund Kembara, with participation from Allianz, KfW Capital, aurum Impact and Carbon Equity, to fund a new factory that will create 800 jobs and scale up its high‑efficiency gas‑powered fuel‑cell power plants across Europe.