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.
Gainable, founded by Rickard Hansson, is a platform that generates functional applications from spreadsheets and integrated data sources, eliminating manual data work. The tool connects to multiple systems like Google Sheets, Excel, and HubSpot, creating tailored apps for operational workflows.
Swedish startup Flox Intelligence, which has sold hundreds of units in North America, recently won a $1 million prize from a major US accelerator and is now focusing on aggressive expansion in the US market. Founder and CEO Sara Nozkova emphasizes the challenges of operating in the US business environment.
Oxylabs, a Vilnius-based data infrastructure platform, raised €113.6 million from Warburg Pincus at a €3.1 billion valuation. This marks its first external investment since 2015 and positions it as a leader in AI-era web intelligence. Funds will accelerate product development, global expansion, and strategic acquisitions.
Favro, a Swedish SaaS company based in Uppsala, was declared bankrupt after a failed investment in Lithuania. The company had raised over 40 million SEK in venture capital. Founder Patric Palm plans to repurchase the business.
Proserve, a Dutch managed hosting company, highlights that only 10-15% of its clients have robust disaster recovery systems. The discussion with Dawn Technology’s CTO Ivo Jansch and others addresses cloud sovereignty, vendor lock-in, and the risks of relying on hyperscalers. A data center fire in Almere is cited as a wake-up call for businesses.
Swedish SaaS startup Lovable is in advanced talks to secure a $300 million funding round at a $13.2 billion post-money valuation, with participation from major global investors.