Sportadmin, a Swedish platform used by many sports clubs for administration, retained most of its customers after a cyberattack and saw revenue increase by nearly 15%
Cubbit and GigaCloud are building a sovereign, resilient cloud service for Ukraine and Poland. The solution fragments, encrypts and distributes data across multiple trusted sites, ensuring continuous access even if a data centre is compromised. The partnership aims to meet strict GDPR and regional data‑sovereignty requirements for critical organisations, especially in defence and government sectors.
Scaleway, a French cloud computing company, has secured a cloud contract with Airbus, marking a significant partnership in the SaaS sector.
Telness Tech, a software company that remained with its owners after selling its profitable mobile operator division to Telia in spring, now requires additional funding as revealed by its financial statements.
Liveday, a Helsingborg-based platform for sports and live event commercial operations, secured €270,000 in funding from existing shareholders. The company recently launched integrated inventory management to help sports clubs track stock levels in real time. Funds will accelerate technology development and market expansion.
The British Business Bank committed €58 million to Soho Square Capital’s Fund II, targeting established UK SMBs in growth sectors. The investment aims to address gaps in flexible capital solutions for founder-owned businesses, supporting scaling, technology adoption, and acquisitions without excessive ownership dilution.
Abacum’s founder discusses shifting from traditional KPI-based compensation to revenue-linked bonuses for all employees, emphasizing alignment with company performance and long-term equity incentives.
London-based Meticulous, founded by brothers Gabriel and Quentin Spencer-Harper, has raised $15m in Series A funding led by Chemistry and Menlo Ventures. The company provides a tool to help developers verify AI-generated code by simulating edge cases, enabling faster deployment. It has grown annual recurring revenue fivefold in the past year and plans to expand its team to 30-40 employees.
xFarm Technologies, an Italian agritech company, secured €36 million in Series C funding to scale its platform connecting geospatial AI, farm management, and regenerative agriculture for over 450,000 farms across 100 supply chains.
Parkster, a Lund-based parking app, has secured a contract with Deutsche Bahn to manage parking at 170 train stations in Germany, marking a major market expansion. The partnership includes off-street parking facilities and plans for garage integration in a second phase.