Osavul, a Luxembourg‑based startup that uses AI to detect cyber and physical hostile threats for NATO and other defence organisations, closed a €8.5 million Series A round led by 33N Ventures. The funding will be used to expand its enterprise client base and deepen its work with governments and defence sectors.
Luxembourg‑based startup ANote Music raised €2 million in a round led by Seventure Partners and ScaleFund to grow its marketplace that lets investors buy and sell music royalty rights, broaden its catalogue, and improve its platform and app across Europe.
Wero has expanded its payment solution to physical cash registers in Belgium, allowing consumers to pay with NFC or QR codes via Payworld. The rollout marks a step toward European payment sovereignty, bypassing US card processors, and follows a rapid adoption across several European countries.
Spanish travel‑management startup BizAway secured €10 million from BBVA to fund the purchase of Dutch firm Uniglobe Alliance Travel and to boost its footprint in the Benelux market, marking a significant step in its European growth strategy.
Wealins, a finance firm based in Luxembourg, took a significant equity position in the Swedish outdoor apparel startup Revolution Race by acquiring shares from its founders, as reported by Dagens industri.
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.
Three major Polish financial institutions are collaborating to launch a joint fund of funds in Luxembourg, aiming to develop an international investment project.
Q8 Electric partners with Lumina AI to deploy AI-powered decision layer across its fast-charging infrastructure in Benelux region.