Lithuanian femtosecond‑laser startup LITILIT secured an €8 million loan from the national development bank to launch a €10 million project that will enable mass production of high‑power femtosecond lasers and the rollout of its modular FEMODA system.
Swedish accounting‑software provider Fortnox has committed 50 million Swedish crowns to the Stockholm School of Economics for a decade‑long research initiative that will investigate the factors behind successful companies.
Luxembourg‑based space biotech startup Exobiosphere received a €1 million grant from the government’s JEI programme to accelerate its commercial activities and develop its orbital high‑throughput screening system for drug discovery in microgravity.
In a EU‑Startups podcast, PrintyMed founder and CEO Jekaterina Romanova discussed the Latvian biotech startup’s biomimetic spider‑silk technology, its €2 million in EU grant funding, and plans to expand into Saudi Arabia while focusing on organ‑on‑a‑chip membranes for drug testing.
Spanish biotech startup Entomonorte, which develops R&D and consulting services for converting bio‑waste into high‑value raw materials, secured a €100,000 grant from the public agency SRP via the Asturias Startup Fund to expand its operations in the region.
Polish defence‑tech startup PERUN has secured fourteen new grants from the National Centre for Research and Development as part of the state’s New Technologies programme, aimed at advancing security and defence solutions.
CleanOs, Fraido and Prometheus Plasma Systems were chosen as the three finalists of the Lake Como Venture Lab, an Italian deep‑tech incubator. Each startup will receive a €150,000 grant and a year of support at the Politecnico di Milano’s Lecco campus, aiming to accelerate their mechatronics and medtech innovations.
TechAngels Romania is spearheading a EU‑funded initiative, ESIL Moldova, to develop a local business‑angel community in Moldova, offering education, mentorship and cross‑border co‑investment opportunities, with the aim of strengthening early‑stage startup financing in the region.
German startup Voodin Blade Technology, together with Lithuanian partners VMG Wood Invest and VMG Technics and Anker‑Tec, received a €48.18 million grant from the EU Innovation Fund to create the first automated wooden blade factory in Spain, aiming to produce recyclable wind‑turbine blades and support a sustainable European supply chain.
TECNALIA has designed and validated an electric unmanned aerial vehicle with high capacity for wildfire intervention. The development is part of EXTINCIA, a project coordinated by CLUE Technologies and funded by CDTI, combining drones, artificial intelligence, and advanced air traffic management systems.