SaaS

RemotePass Secures $17.4 Million Series B to Expand Global Employment Platform Across Europe and US

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RemotePass, a global employment, payroll, and spend platform founded in 2021, raised $17.4 million in Series B funding. The company provides solutions for hiring, paying, and supporting workers across borders, covering EOR, contractor management, payroll, compliance, and fintech services. The platform recently launched SpendCards for corporate expenses and AI agents for workflow automation. RemotePass reached profitability in early 2025 and serves major clients including Logitech, Tata Group, InDrive, and Careem.

Ricoh Subsidiary PFU Commits €3.3 Million to Portugal Expansion Through 2031

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Ricoh’s document management subsidiary PFU announced a 3.3 million euro investment plan in Portugal through 2031, transforming Lisbon into a strategic innovation hub for the EMEA region. The expansion focuses on AI-powered document digitalization, intelligent data capture software, distribution channel strengthening, and entry into healthcare, education, justice, and public administration sectors. PFU currently operates in Lisbon with a 14-person team providing technical support across the EMEA region.

Happy Horizon Acquires B&S Media Internetmarketing in Second Phase of Buy and Build Strategy

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Happy Horizon announced the acquisition of B&S Media Internetmarketing, a digital marketing agency serving over 500 SMB clients in northern and eastern Netherlands. The acquisition marks the second phase of Happy Horizon’s buy and build strategy, with financial details undisclosed. The deal is supported by MG Partners, Happy Horizon’s external investor since 2020.

French Sales Intelligence Startup LEADBAY Secures €3.8 Million in Series A Funding

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LEADBAY raised €3.8 million to revolutionize sales intelligence by moving beyond traditional data sources like LinkedIn profiles, job postings, web traffic, technology stacks, marketing campaigns, and social media activity to capture a larger portion of the real economy.

Helsinki Retailgrid Secures €358,000 in Pre-Seed Funding to Modernize Retail Operations

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Helsinki-based Retailgrid, an AI-powered retail technology startup, raised €358,000 in pre-seed funding to develop its cloud-based platform that helps mid-market retailers and FMCG companies move beyond spreadsheet-based workflows for pricing, assortment planning and forecasting decisions.

Copenhagen-based Atlo Secures Investment from Scandinavian Retail-Tech Entrepreneurs to Modernize Wholesale Ordering

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Atlo, a Copenhagen-based AI-powered wholesale platform, has secured investment from prominent Scandinavian retail-tech entrepreneurs. The platform aims to digitalize wholesale ordering for interior design and lifestyle brands by automating workflows, predicting reorder needs, and providing real-time performance data. Founded by Casper Brix, former Head of Purchasing at AndLight, the platform targets an industry still operating primarily through emails and spreadsheets.

Rubik Hub Marks 9 Years With Major Networking Event Celebrating 600+ Supported Startups

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Rubik Hub, a startup accelerator based in Iași, Romania, is hosting a 9-year anniversary networking event on May 26, 2024. The event features pitch sessions from alumni startups, investor presentations, and panel discussions on investments and local-global ecosystems. The hub has supported over 600 European startups that have collectively raised over 75 million EUR, and was recently recognized as Europe’s top accelerator by Financial Times for the second consecutive year and won the Global Startup Awards for best coworking space globally.

Milan-based Cosmico Raises €12 Million in Series B to Expand Future of Work Platform Across Europe

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Milan-based Cosmico, a future of work holding company, raised €12 million in Series B funding led by P101 SGR. The company operates across Italy and Spain with a network of 35,000+ digital professionals. Alongside the funding, Cosmico completed the full acquisition of Flatmates, a creator agency. The funding will support the company’s expansion strategy and planned acquisitions.

Factorial Acquires YepCode to Bolster AI-Powered Enterprise Integrations

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Factorial, an AI-powered enterprise operations platform, has acquired YepCode, a developer-focused integrations and automation platform, to enhance its ability to deliver intelligent AI-based integrations in complex enterprise software environments. The acquisition also marks the opening of Factorial’s new engineering office.

Swiss VC Firm Redalpine Elevates Sebastian Becker to General Partner as London Office Expands

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Sebastian Becker, 30, became General Partner at Swiss venture capital firm Redalpine based in Zurich. He started as a working student during his studies and became partner after three years. Two years ago he was made Equity Partner and is now helping build out the London office. He discusses his career path, deep tech investments, and SpaceX investments.