Flip, a German startup based in Essen, posted €8.1 million in revenue, underscoring the rapid expansion of roll‑up businesses in the region with backing from Tengelmann Ventures.
Uplift Ventures announced the creation of a €100 million fund aimed at closing the financing gap for European deep‑tech companies, especially those developing Physical AI, Energy, Enterprise AI and Logistics solutions. The fund will back up to 20 startups and will be supported by Jungheinrich, with the firm taking flexible roles from lead to co‑lead investor.
HyImpulse, a European space‑technology startup, secured €50 million in new financing.
Former eMAG CEO Iulian Stanciu is scaling his post‑eMAG venture, Network One Distribution, by establishing a local logistics presence in the Netherlands to serve its four appliance brands across Germany, Belgium and the Netherlands, marking a shift from a Romania‑centric export model to direct Western‑European stock and distribution.
German deep‑tech startup INLEAP Photonics secured about €20 million in seed capital, led by UVC Partners, to accelerate production and market rollout of its ultra‑fast laser beam steering systems that neutralise drones for military and critical‑infrastructure protection.
Linehub, a European performance‑marketing network comprising brands such as Daisycon, Affiliprint and Sovendus, announced the hiring of Bart Zoetmulder as Group Director Sales. In his new role he will strengthen the commercial organisation, improve collaboration across the group’s labels and drive new‑business growth as the company targets €100 million in revenue within the next two to four years. The move reflects Linehub’s ambition to expand internationally and reduce reliance on large tech platforms.
Berlin‑based startup Auxxo announced the closing of its second investment fund, securing €33.3 million to support its growth plans.
Berlin‑based energy platform Cloover, founded in 2023, announced it has become profitable with a $350 million revenue run rate and secured a $100 million financing facility backed by a €350 million European Investment Fund guarantee, expanding its capacity to fund residential solar, heat‑pump and home‑electrification projects in Germany, the UK, France and Poland.
After 3.5 years of strong growth, NORM, the data and insight layer behind RetailMedia.One, is becoming a standalone platform to provide retailers and brands with granular measurement of retail media effectiveness, with plans to expand into the UK, Germany, France and Belgium.
Nelly, a fintech company based in Germany, boosted its live ARR by €10 million in just nine months, signalling rapid growth in its revenue stream.