Hyrox, founded in 2017 in Hamburg and now a global phenomenon with more than 1.4 million participants, is changing hands as the owners of luxury brand Louis Vuitton (LVMH) move to acquire the company.
Munich‑based startup Furo, formerly Lumera Energy, raised €3.44 million in a funding round led by US investor TQ Ventures to scale its AI‑driven battery storage optimisation platform across Europe and expand its team.
German LegalTech startup Grubel secured a €3 million financing round.
Paris‑based AI startup Arlequin AI secured €28 million in Series A funding, co‑led by redalpine and OTB Ventures, to develop proprietary topological neural network models and scale its platform for security, fraud detection and other high‑impact use cases across Europe and beyond.
German startup FRYTE Mobility raised €3.5 million in a Seed round co‑led by 4impact capital and Rethink Ventures to build a software coordination layer for electric truck charging, aiming to connect logistics platforms with charge point operators across Europe.
Pilzling, a European startup, has filed for insolvency, marking its exit from the market.
Berlin‑based startup Limetax secured €36 million (including a €6 million pre‑seed round led by Motive Partners) to expand its AI‑driven platform that integrates with DATEV and automates bookkeeping, payroll and financial statements for German tax and accounting firms. The funding will be used to consolidate the market, scale the platform across more partner firms and further develop its agentic AI technology.
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.
Vinted announced that it will stop using Mangopay for seller payments in Germany and switch to its proprietary Vinted Pay system. The change, finalised on 5 October, will allow tighter control over wallets, bank‑account matching, security checks and identity verification. Vinted Pay has been piloted in the Baltic states and several Eastern and Southern European countries, while Vinted still relies on external providers such as Mangopay and Adyen in markets like the Netherlands, France and the UK. The move does not end Vinted’s partnership with Mangopay, which was extended earlier this year.
Berlin‑based sci2sci secured €1.2 million in a pre‑seed round co‑led by Heliad and IBB Ventures, aiming to scale its Integrity Cortex platform that links data and AI outputs to verifiable sources for regulated sectors like biopharma and banking.