Spanish edtech startup Mathew secures 1.2 million euros in seed funding
Mathew, an edtech startup specializing in AI for teachers and students, raised 1.2 million euros in seed funding from investors including Encomenda and Decelera.
Seed
Vilnius-based Backoffice raises €150k to streamline hospitality operations across Europe
Vilnius-based Backoffice secured €150k to build an operating system for European hospitality
Austrian Biotech Efferon Secures €2.5M Seed Funding to Expand Sepsis Treatment Manufacturing Across Europe
Efferon, a biotech company developing hemoadsorption devices for treating sepsis and septic shock, has secured €2.5 million in seed funding led by private investors from the DACH region. The company will use funds to build a new EU production facility and expand manufacturing capacity. Efferon’s products include Efferon LPS for general use and Efferon NEO for pediatric patients, with the latter recently receiving CE MDR certification. The technology has been used in over 25,000 treatments across 40+ countries.
Manchester Biotech Imperagen Raises €5.7 Million to Scale AI-Powered Enzyme Engineering Platform
Imperagen, a Manchester-based biotech company using AI and quantum physics to engineer enzymes, raised €5.7 million in Seed funding led by PXN Ventures. The company combines quantum physics simulation, AI model training, and automated robotics in a closed-loop system to improve enzyme designs. It brings total funding to €9.8 million and announced Guy Levy-Yurista as new CEO. The company plans to expand R&D, scale wet lab capabilities, and grow its go-to-market function.
Israeli AI Agent Startup NanoCo Secures $12 Million Seed Funding to Build Enterprise-Grade AI Assistants
NanoCo AI has raised $12 million in seed funding to commercialize NanoClaw, an open source enterprise-friendly AI agent harness. The company aims to provide enterprises with secure, one-to-one ‘professional assistant’ AI agents for each employee that build personalized knowledge graphs and execute tasks within sandboxed Docker environments. NanoClaw remains MIT Licensed open source while NanoCo AI offers managed commercial services.
Freiburg Cleantech Startup Qurie Raises €2.2 Million for Next-Generation Cooling Technology
Qurie, a Freiburg-based startup, secured €2.2 million in funding to develop next-generation electrocaloric cooling systems that operate without compressors, refrigerants or pressure build-up. The technology is more efficient and sustainable than traditional refrigeration systems, with theoretical efficiency over 80% compared to 50% for traditional compressors.
Copenhagen-based Atlo Secures Investment from Scandinavian Retail-Tech Entrepreneurs to Modernize Wholesale Ordering
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.
Berlin LegalTech Startup LawX Secures €7.5 Million in Seed Funding Round
LawX, a Berlin-based LegalTech startup founded in late 2024, has raised €7.5 million in a Seed round led by Motive Partners. The company develops an AI-powered operating system for law firms and notaries, integrating case management, document processing, communication, and billing. The platform addresses labour shortages and outdated software systems in the legal market by automating administrative processes.
Danish Biotech Startup Alcolase Secures €1.5M to Develop Enzyme Treatment for Genetic Alcohol Intolerance
Danish biotech startup Alcolase raised €1.5 million to develop an enzyme-based technology that breaks down alcohol in the stomach before absorption, targeting the 540 million people in East Asia with ALDH2 deficiency (genetic alcohol intolerance). The company plans to launch in Singapore and South Korea, with a UK subsidiary supporting therapeutic drug delivery development.
Lake Como Venture Lab Opens Applications for Free Deeptech Accelerator in Italy
Lake Como Venture Lab is a new accelerator program launched in Lecco, Italy, focused on deeptech startups in mechatronics and medtech. The program is coordinated by Confindustria Lecco and Sondrio in partnership with Politecnico di Milano and supported by the Chamber of Commerce Como-Lecco. The program is free and equity-free, offering 12 months of housing, laboratory access, scientific mentorship, business training, and direct access to the industrial ecosystem. Applications are open until June 30.