News - For Business

Mondra, an AI-powered platform for supply chain resilience, secures £10 million in Series A funding. The London-based company plans to expand into key European markets like Germany, France, and the Netherlands.

Lakestar, a major European VC firm, shifts its strategy, halting new generalist fundraisings to focus on existing portfolio companies. The firm, which backed Revolut and Spotify, aims to maximize returns, with over €2B raised in the past 12 years.

Every Health, Europe's pioneering virtual clinic for LGBTQ+ healthcare, secures €1. 1 million in seed funding....

Riff, the Oslo-based vibe coding platform, secured €14 million in Series A funding to scale its enterprise-ready applications. The platform, used by over 150,000 users, helps non-technical professionals build AI applications without code, including integrations with core SaaS tools.

Brussels launches a new webinar series to boost its Apply AI Strategy, aiming to accelerate AI adoption in key sectors. The strategy seeks to connect infrastructure with the needs of industrial and public sectors.

Paygentic, a billing and payments platform for AI-native products, secured a $2 million pre-seed round to help AI companies handle variable compute costs. The platform provides tooling for hybrid pricing models, unifying billing and payments in a single stack.

Refurbed, a circular tech marketplace, secures €50 million in funding to expand its AI-powered platform. The Vienna-based startup saw a 40% year-on-year sales increase.

DataSnipper, a Dutch unicorn, is automating audit and finance processes with its AI platform, securing a $100 million Series B. The platform, used by over 600,000 professionals, focuses on traceable AI for speed and regulatory compliance.

Oslo-based Riff, a platform for building AI applications, secured $16 million in Series A funding led by Northzone. The investment will fuel the company's expansion, enabling more professionals to create and deploy impactful AI solutions.

Rightcharge secures £1. 6M to simplify EV charging payments for fleets and accelerate its expansion across Europe....

Estonian AI energy startup MarkeDroid secured €300K in bridge funding to expand its distributed energy platform throughout Europe. The AI-powered platform coordinates solar panels, batteries, and EV chargers, reducing costs and improving grid stability.

WSense secured €10M to scale its subsea Wi-Fi and expand its Internet of Underwater Things platform internationally. This funding, bringing total investment to over €25 million, will accelerate development for ocean data transmission and environmental monitoring.

Madrid's A-5 construction woes will deploy AI-powered traffic lights to improve pedestrian crossings. The city aims to ease the difficulties of crossing the highway for residents affected by the project.

Xataka's NordVPN Awards 2025 will feature a new category recognizing the best generative AI tools, highlighting the technology's growing impact. Readers can vote for their favorite AI tools, with winners announced at a gala in Madrid on November 20th.

European startups are scrambling to combat the surge in deepfake fraud, as losses exceed €1. 3 billion....

Fintech startup Saturn secured $15 million in Series A funding to make financial advice accessible to a wider audience. The AI-powered platform automates administrative tasks, reducing costs and freeing up advisors, with a focus on compliance within the UK financial sector.

Copenhagen-based Scaleup Finance secured £3 million to launch Nume, an AI CFO aimed at the 50 million SMEs struggling with financial leadership. Nume will answer financial questions and proactively guide founders using familiar communication channels.

Austrian recommerce marketplace refurbed secured €50 million to expand its AI-driven platform for refurbished electronics into the UK. The funding will fuel a 40% year-on-year sales growth and push for mainstream adoption of its sustainable model.

Refurbed, a marketplace for refurbished electronics, secured £44 million in funding to expand into the UK market. The company aims to address the rising demand for sustainable tech in the UK and tap into the £7 billion re-commerce sector.

Spanish cybersecurity startup Acoru secured €10 million in Series A funding to use AI to predict and prevent financial scams. This investment reflects a wider trend with other European firms like Hawk, Trustfull, Innerworks, and Resistant AI securing funding to combat AI-driven fraud.