German IndustrialTech Startup Almetra Secures 16.3 Million Euros in Growth Funding
IndustrialTech startup Almetra secured 16.3 million euros in funding, marking a significant growth milestone for the company.
Growth
Romanian Dental Clinic Secures €1.26 Million EU Grant for Technology Modernization
The project aims to enhance competitiveness through equipment upgrades, solar energy systems, and workforce training, funded by EU and national grants.
Swedish Mobile Gaming Studio QDE Shuts Down Despite Raising Hundreds of Millions
QDE, a mobile gaming studio founded by former King executives, is closing operations despite securing significant funding last year. The company’s shutdown follows internal reports of financial challenges in scaling mobile gaming.
Emerce Launches New Event to Help Marketers Navigate AI-Driven Search Transformation
Emerce announced ‘Update GEO’, an event addressing how AI chatbots and agents are transforming search behavior, requiring new approaches to content optimization and visibility in AI-generated answers. The event combines keynotes and workshops for 100 attendees.
UK Biotech Thalia Therapeutics Secures €3.1 Million to Acquire US-Based Sanmirna and Expand RNA Pipeline
Thalia Therapeutics, a UK-based biotech company, raised €3.1 million and acquired Sanmirna Therapeutics, a US-based clinical-stage biotech, to advance its RNA therapeutics pipeline in oncology and cardiovascular disease. The acquisition includes miRisten, a clinical-stage microRNA therapeutic for Acute Myeloid Leukaemia (AML).
US Regulatory Action Halts Polestar Sales as Chinese Ownership Draws Scrutiny
Polestar, a Swedish electric vehicle brand under Geely, faces a sales ban in the United States as part of regulatory measures targeting Chinese-owned companies.
Project Enki Teams Up With Vattenfall and ABB to Develop Offshore Data Centers Powered by Wind Farms
Project Enki and Vattenfall, with partner ABB, are investigating offshore data centers connected to wind farms to operate on renewable energy. The initiative aims to address growing demand for computing power while reducing grid strain and utilizing seawater cooling.
Ingrid CEO Susanna Grill Erntell Steps Down After One Year Leading Swedish Logistics Platform
Susanna Grill Erntell, CEO of delivery platform Ingrid, has stepped down after just one year in the role. She cited unexpected opportunities as the reason for her departure.
German and Ukrainian robotics firms establish joint venture to scale UGV production for Ukrainian military
ARX Industries, a joint venture between ARX Robotics (Germany) and Roboneers (Ukraine), aims to scale production of Rys Pro UGVs for the Ukrainian military. The partnership combines industrial capacity with frontline deployment expertise to meet Ukraine’s 2026 target of 50,000 UGVs.
Irish HR Platform HR Duo Secures €1.6 Million to Accelerate UK Expansion
HR Duo, an Irish HR platform for SMEs with frontline workforces, raised €1.6 million led by Puma Growth Partners and Enterprise Ireland to expand in the UK and scale its SaaS infrastructure. The funding supports targeting a €500-700 million SME HRTech market, with plans to achieve 41% ARR growth in 2026.