Stockholm, October 2024 – In a significant move for the European venture capital landscape, Swedish entrepreneur-led VC firm Node.vc has closed its first fund with €71 million to invest in startups across the Nordics and Baltics. Node.vc joins a rising number of European funds that are driven by the motto “entrepreneurs backing entrepreneurs.” The firm’s […]
Entrepreneurs and Investors Unveil “EU Inc.” to Create a Unified Pan-European Startup Ecosystem Under the 28th Regime
In a bold move set to transform Europe’s innovation landscape, a coalition of leading entrepreneurs and investors has launched EU Inc., a groundbreaking initiative aimed at establishing a single pan-European startup entity. This visionary effort seeks to streamline Europe’s fragmented startup ecosystems under the EU’s 28th regime, which provides a unified legal framework that simplifies […]
Clearspeed and RSA Insurance Partner to Revolutionize Fraud Detection
Clearspeed’s AI-Powered Voice Analytics to Streamline Fraud Prevention and Enhance Customer Experience at RSA London, UK – Clearspeed, a leading provider of AI-powered risk assessment technology, has announced a strategic partnership with RSA Insurance to enhance fraud detection and improve the efficiency of claims processing. The collaboration brings Clearspeed’s advanced voice analytics solution into RSA’s […]
Stellar Secures €9.3M in Private Investments and Public Grants to Revolutionize Internet Connectivity for Vehicles
Funding fuels development of AI-powered STEER® network selection technology for seamless internet on the move Bordeaux, October 8, 2024 – Stellar Telecommunications SAS (“Stellar”), a pioneering startup focused on delivering flawless internet connectivity for vehicles on the move, has successfully secured €9.3 million in new funding. This funding round includes contributions from strategic private investors […]
Formality Raises €8M to Revolutionize Contract Management with AI
Paris, October 3, 2024 – Paris-based startup Formality has successfully raised €8 million in a funding round to advance its AI-powered contract management platform designed to simplify and streamline contract workflows for businesses. The funding round was co-led by leading venture capital firms Partech and Serena, with an additional €2.4 million investment from BPI France, […]
Nexi Group Secures €220 Million Financing from European Investment Bank to Boost Digital Payment Innovation
Milan, Italy – Nexi Group, a leading European PayTech company, has successfully secured €220 million in financing from the European Investment Bank (EIB). The funds will be used to drive significant innovation and enhance the infrastructure of digital payments across Europe. This financing will enable Nexi to lead multiple cutting-edge projects aimed at modernising payment […]
Akur8 Secures $120 Million in Series C Funding to Drive Global Growth and Innovation
October 2024 — Akur8, the AI-powered insurance pricing and reserving platform, has successfully closed a $120 million Series C funding round, bringing its total raised capital to $180 million. The round was led by One Peak with participation from Partners Group and Guidewire Software, Inc. This new investment will fuel Akur8’s rapid growth, enabling it […]