Fire Pont, a Ukrainian defense technology company, is advancing its missile defense production capabilities through partnerships with European firms like Hensoldt. The company has begun manufacturing missiles pending the acquisition of guidance systems and has secured agreements for critical components.
Nlcomp, a Cleantech startup focused on sustainable maritime solutions, secured €1.15 million in funding led by Ocean to expand into the workboat sector. The investment will support the launch of its new rFactory in Monfalcone and the development of recyclable composite materials for low-impact maritime vessels.
DuckDuckGo, a privacy-focused search engine, continues its strategic battle with Google by offering tools to block YouTube ads, emphasizing user privacy and challenging Google’s dominance in digital advertising.
Mimo, an AI startup, raised over 100 million SEK from Northzone to develop an AI assistant for auditors. In 2025, the company more than doubled its revenue from low levels, though continued investments led to increased losses.
Waterdrop accelerates its Polish market expansion by partnering with Żabka Jush and Carrefour, while maintaining collaboration with tennis player Hubert Hurkacz. The move enhances retail distribution across nearly 2,000 Rossman pharmacies.
SpaceXAI, owned by Elon Musk, launched Grok 4.5, an advanced AI model trained on NVIDIA chips with enhanced programming capabilities. The model is now available in Grok Build and Cursor but will be accessible in the EU by mid-July 2024.
German startup QuantumDiamonds, spun out of the Technical University of Munich, raised €15 million in equity funding to accelerate growth. The round complements €76 million in EU-backed non-dilutive state funding, totaling €91 million. Funds will scale production and support a new testing facility in Munich, aligning with EU efforts to reduce reliance on US technology.
Tentris, a Bielefeld-based startup developing next-generation graph databases for enterprises, discusses its origins, victory in the STARTUPLAND-Pitch-Contest, and future growth strategies in an interview.
Fitek, an Estonian company specializing in automating invoice and financial processes, begins operations in Poland following the launch of the mandatory National e-Invoice System. The expansion targets Polish businesses seeking financial automation solutions.
Fedelta, a Swedish fintech startup, reported a 500% profit increase in 2024 and introduced a new savings account for private customers. The founder described 2025 as a ‘breakthrough year’ for the company.