Swedish watch entrepreneur Filip Tysander, who sold Daniel Wellington, is now concentrating on his new sunless‑tanning brand Comis. Fresh numbers reveal that the company’s losses have shrunk and sales are booming after a strong year‑end.
At the EU‑Startups Summit, 3TS Capital connected with Wamo and later announced a €10 million investment, marking a significant funding milestone for the Finnish neobank.
The German robo‑advisor Scalable Capital announced that it is changing its corporate structure to become an Aktiengesellschaft (AG), marking a significant step in its evolution as a scale‑up fintech company.
Polish‑owned Baltic ticketing group PLG is acquiring Romanian ticketing startup iaBilet, which was previously bought majority‑owned by Polish fund Resource Partners eight months earlier. The founders will stay on board as PLG expands its ticketing technology in the region.
Scrive, a Swedish SaaS provider of electronic signature solutions, announced that it has reached 400 million SEK in revenue and achieved EBITDA profitability. The company also hinted at a possible future exit, suggesting a strategic move toward a sale or IPO.
Swedish podcast platform Acast published its Q2 performance figures.
Glampings.com, a European online platform for luxury camping experiences, announced the acquisition of Conservio.com, a South African‑based booking platform for nature lodges, safari camps and eco‑retreats. The deal allows Glampings.com to expand into a new segment and geographic region while keeping existing Conservio bookings unchanged.
Spanish energy startup Catalyxx announced that it will build a €120 million commercial‑scale bio‑based chemicals plant in Sines, Portugal. The project, part of a broader European push for circular bio‑based industries, is funded by private capital and public sources, including a €20 million grant from the Circular Bio‑based Europe Joint Undertaking. The plant will produce drop‑in, carbon‑negative chemicals such as butanol, hexanol and octanol, aiming to replace fossil‑derived counterparts and reduce CO₂ emissions by about 105,000 tonnes per year. Construction is slated to start in Q4 2026.
Verda, a Helsinki‑based AI infrastructure startup, obtained a €22 million loan from the Nordic Investment Bank, backed by InvestEU, to buy GPUs and expand its renewable‑powered data centres as it scales its AI cloud services after raising €102.5 million earlier in the year.
London‑based startup Modo Energy raised €14.9 million from CIBC Innovation Banking to scale its AI‑driven benchmarking and valuation platform for battery storage and renewable assets, aiming to broaden its market reach and enhance its product offering.