Djungle Bridge is a new fund dedicated to acquiring and relaunching Italian post-series A startups in stagnation. The fund has a target of 50 million euros and aims to make 12 investments in 5 years.
Newcleo, an Italian cleantech company, to go public on Nasdaq through SPAC NewHold Investment Corp III in a deal valued at $2.4 billion
Grüns, a US-based healthy consumer products startup, was acquired by Unilever for $1.2 billion. Grüns transformed supplements into gummies and achieved rapid growth through social media and online sales.
Creotech Quantum S.A. raised 81.2 million PLN in funding through the issuance of 350,000 series D shares.
Emission Twin, a Swedish climate tech startup, secures €400K investment from GoClimate founder Kalle Nilvér to focus on product-level emissions calculations and Scope 1-3 tracking
Berlin-based VC Earlybird and Paris-based investor AVP (formerly AXA Venture Partners) are teaming up to raise a new €500m defence fund
BCP stock rose 0.56% to 0.9616 euros, approaching the 1 euro mark and becoming the third largest company on the Portuguese stock exchange (PSI). The bank achieved a market capitalization exceeding 14 billion euros. Belgian insurer Ageas is evaluating a 5% stake acquisition while Chinese group Fosun explores options for its 20.45% stake. Shareholders approved distribution of 90% of profits through dividends and share buybacks totaling over 900 million euros. The bank earned over 300 million euros in Q1, surpassing analyst expectations.
Fidelidade’s Impact Center for Climate Change (ICCC), launched in October 2024, serves as a research and knowledge center focused on understanding climate change impacts on the insurance sector and society. During the Kristin storm, the center provided critical operational support by producing damage incidence maps and insights. The center operates across three spheres: insurance business improvement, client and partner education on climate risk, and collaboration with academia and policymakers. Analysis of the Kristin storm revealed significant findings about housing vulnerability patterns and structural weaknesses.
Stellantis presented FaSTLAne 2030, a 60 billion euro five-year strategic plan aimed at transforming the company into a profitable growth machine following a 22.3 billion euro loss in 2025. The plan focuses on brand portfolio restructuring, launching 60+ new vehicles including 29 fully electric models, expanding global platform investments (24 billion euros), and strengthening strategic partnerships with Leapmotor, Dongfeng, and Jaguar Land Rover. The Portuguese Mangualde plant, which already produces electric vehicles with support from the Recovery and Resilience Plan, is well-positioned to contribute to the company’s European expansion targets.
London-based Fresha, a beauty and wellness software startup providing appointment booking, payments and business management solutions for salons, spas and wellness operators, raised $80m from KKR at a valuation exceeding $1bn, achieving unicorn status. The company is already profitable and plans to use the capital for international expansion and AI tool development.