Berlin-based Bek Ventures loses four investment team members in four months
Bek Ventures, a venture capital firm, has lost four members of its investment team in four months.
Germany
German MedTech Startup Precisis Secures 100 Million in Funding, Eyes US Market Expansion
Precisis, a MedTech company from Heidelberg, Germany, has received around 100 million in funding and is now expanding to the US with its brain stimulation technology for people with epilepsy
Pacifico Biolabs Secures €7M Series A to Scale Mycelium-Based Protein Production
Pacifico Biolabs uses mycelium fermentation to produce protein ingredients, leveraging existing brewery infrastructure to reduce costs
Henkel Strengthens Hair Care Portfolio with Three New Syoss Product Lines
Henkel’s Syoss brand expands its product line with Syoss by Palette Oleo Intense, Syoss Color Glaze, and Syoss Care Keratin
German Mycelium Producer InfiniteRoots Acquires Bosque Foods to Expand Industrial Capacity
InfiniteRoots acquires Bosque Foods to scale industrial mycelium production
Earlybird and AVP Join Forces to Launch €500m Defence Tech Fund
Berlin-based VC Earlybird and Paris-based investor AVP (formerly AXA Venture Partners) are teaming up to raise a new €500m defence fund
Berlin-based strike drones startup Stark in talks for major funding round
Berlin-based strike drones startup Stark is in talks to raise a blockbuster new funding round, according to sources with knowledge of the deal.
Munich-based Invertix Secures 1.7 Million EUR in Pre-Seed Funding for AI-Powered Renewable Energy Management
Munich-based climate-tech startup Invertix, which develops AI agents for solar parks and wind turbines, raised 1.7 million EUR in pre-seed funding led by Vireo Ventures. The company exited stealth mode with this funding round just two months after its founding.
European AI Companies Raise €5.3 Billion in 2025, With France, Germany and UK Leading Investment Surge
European AI companies raised over €5.3 billion in 2025, with capital concentrated among top companies including Mistral AI (€1.7B), Helsing (€600M), Black Forest Labs ($300M), Synthesia (€350M), ElevenLabs ($180M), and n8n (€155M). The UK, Germany and France emerged as Europe’s most active AI hubs. Funding was spread across foundation models, defence AI, generative media, and applied AI across healthcare, manufacturing, aviation, legal services and other sectors.
German Court Expresses Doubts Over Class Action Against Amazon Prime Video Ad Introduction
The Consumentenbond Saxony is pursuing a class action lawsuit against Amazon Prime Video regarding the introduction of advertising in the streaming service. Over 200,000 people have joined the lawsuit. The consumer protection organization argues that Amazon informed customers of the change but did not obtain their consent before introducing mandatory advertisements. Users must pay an additional €3 per month to avoid ads. The Bavarian High Court has expressed serious doubts about the admissibility of the case, and a verdict is expected on July 17, 2024.