Under €1M Archives - EU Startups News

Romanian High School Students Win National Business Plan Competition With Social Networking App Concept

May 20, 2026 by Anna Kowalski

Friend Quest S.R.L., a student exercise company from Colegiul Economic ‘Partenie Cosma’ in Oradea formed by five 11th-grade students, won the national Business Plan 2026 competition organized by IMM Romania in partnership with CNDIPT. The company’s idea focuses on a web application dedicated to real socialization and authentic human connections.

Kanara Becomes Only Spanish Company Selected for European Innovation Council Pre-accelerator Program

May 19, 2026 by Marco Bianchi

Kanara was selected as the only Spanish company to receive the EIC Pre-accelerator grant from the European Innovation Council, receiving €499,000 in funding. The selection was highly competitive, with only 70 companies chosen from over 1,000 applications.

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

May 19, 2026 by Lars Eriksson

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.