German travel‑booking startup Blookery, founded in 2016, raised €500k on TV but the investment fell through; the company now works with the investor as a strategic partner to cut costs and boost marketing.
The article introduces five newly founded European startups – LabThunder, FaceLedger, SURGALFA, Kazimi and VergabeHero – highlighting them as promising additions to the startup scene.
German AI security startup Kontext secured $4 million, led by 42CAP with participation from a16z CSX and HTGF, to grow its runtime security solution that monitors and controls AI agents in real time.
NUSX, the deep‑tech venture‑building arm of NUS Enterprise, announced a strategic partnership with Germany’s UnternehmerTUM, opening a new outpost in Munich’s Urban Colab. The collaboration will give Singapore‑based deep‑tech startups direct access to European partners, investors and markets, while Munich ventures gain a gateway to Singapore. The partnership also includes plans for reciprocal investment links, talent exchanges and joint venture‑building programmes.
Metycle, a Cologne‑based platform for secondary copper and aluminium, secured a €131.7 million credit facility from Rivonia Road Capital, giving it the capacity to finance bigger metal trades, increase recycled feedstock volumes and scale its operations across 15 countries.
Berlin‑based AI startup mika secured €6 million in a seed round led by Smedvig Ventures to expand its AI‑native financial operating system that automates bookkeeping, VAT returns and tax filings for German SMEs.
Qdrant, a Berlin‑based vector database startup, revealed it will expand its focus from software‑only vector search to physical AI applications, signalling a new chapter for the company.
Noxtua, a Berlin‑based legal AI startup founded in 2017, raised over €100 million in a Series C round, giving publishing group C.H.BECK a majority stake and adding MANZ as a new investor. The funding will accelerate product development and European expansion, bringing its curated‑data legal AI to more markets.
In an interview with Tech.eu, DeepL’s founder and CEO Jarek Kutyłowski explained why the company is not rushing an IPO, emphasizing the benefits of staying private at this stage.
German HR‑tech startup WorkMotion announced that its annual revenue has grown to €213.7 million, marking a significant financial milestone for the company.