Funding

enaDyne, a startup specialising in fully-electric, non-thermal plasma catalysis technology for sustainable chemical production, has raised €7 million in seed funding. The round was co-led by Amadeus APEX Technology Fund (a collaboration between Amadeus Capital Partners and APEX Ventures) and Energy Capital Ventures, with participation from Antares Ventures, Possible Ventures, and returning business angels Wolfram Drescher, Andreas Werne, and Sven Sieber.

Pillar, an Italian fintech, announced closing a €3.2 million pre-seed round, the largest ever recorded in Italy in the construction tech sector.

UK-based startup, Super6, raises £1.1 million to unlock one of the last foundational technologies of the new global energy system

Dutch foodtech scale-up Revyve has raised nearly €24 million in Series B financing, bringing its total capital raised to more than €40 million. The investment will accelerate the company’s commercial rollout of functional yeast proteins designed to replace eggs and additives in mainstream food categories.

Sunhat announces €9.2 million in Series A funding. The round was led by CommerzVentures, with participation from existing investors Capnamic, EnBW New Ventures, xdeck, and WEPA Ventures.

Duel, the Brand Advocacy platform helping retail brands including Lush, ELEMIS, Victoria’s Secret, and Abercrombie & Fitch, has raised $16 milion in a Series A round.

Sunhat, the startup helping enterprises automatically validate and share ESG and vital non-financial data, announced €9.2 million in Series A funding.

Scindo, a UK-based startup developing a data-rich AI platform to discover and design next-generation enzymes, has raised £4 million in funding co-led by Kadmos Capital and Clay Capital, with participation from PINC, the venture arm of international food and beverage company Paulig, and existing investors Synbioven, AgFunder, SOSV, Farvatn Venture and Savantus Ventures. The investment will accelerate Scindo’s mission to enable bio-based ingredients and sustainable chemistry across multiple high-value sectors.

Futurail has  announced the closing of a seed round, bringing total funding to €7.5 million. The round was co-led by Asterion Ventures (Paris) and Leap435 (Munich), joined by EIT Urban Mobility and US investors Zero Infinity Partners and Heroic Ventures.

DRUID AI announced it has secured $31 million in Series C financing to advance the global expansion of its enterprise-ready agentic AI platform under the leadership of its new CEO, Joseph Kim. The strategic investment, which will advance DRUID AI’s mission to empower companies to create, manage, and orchestrate conversational AI agents, was led by Cipio Partners, with participation from TQ Ventures, Karma Ventures, Smedvig, and Hoxton Ventures.

Duel, the leading Brand Advocacy platform helping leading retail brands including Lush, ELEMIS, Victoria’s Secret and Abercrombie & Fitch grow through their own fan and creator communities instead of traditional advertising, has raised $16 million in a Series A round. The funding was co-led by Molten Ventures and Bright Pixel, alongside existing investor Peter Bauer, founder of Mimecast.

YASO has raised £8.25 million in a Series A investment round led by Puma Growth Partners, a leading provider of growth capital to scale-up businesses.

The UK Government has announced a landmark £150 billion investment package from US-based private sector firms during the US state visit, marking a major milestone for UK–US economic ties and reinforcing the UK’s position as a global hub for innovation and technology

A singular theme didn’t dominate the month of August in European tech ventures. What happened instead was a clear set of parallel shifts becoming more apparent. Moves in geographies, sectors, and funding models represented a reorganisation tipping point in the market.

Humanoid Global, a publicly traded investment issuer focused on building and accelerating a portfolio of pioneering companies in the humanoid robotics and embodied AI sector, is pleased to announce that it has closed its indirect strategic investment in Agility Robotics via a single-asset special purpose vehicle.

Omnea, an AI-native procurement intake and orchestration platform, has raised a $50 million Series B funding round to accelerate its shift to a new era of AI-powered supplier relationship management. The round was led by Insight Partners and Khosla Ventures, with participation from Accel, Point Nine, First Round Capital, and Prosus, bringing total funding to over $75 million.

Venture debt financing is an increasingly popular source of funding for growth companies in Europe, reaching record highs in 2024 with a deal value of €25.4 billion, according to PitchBook. With this growing interest, we are seeing a broader range of providers in the market, from established financial institutions to a wide range of funds.

Dr Florence Concepcion, Senior Quantum Engineer at Aquark Technologies has been awarded Innovate UK funding as part of the Future Leader Fellowship. The four-year fellowship will provide £1.9 million to support Dr Concepcion’s £2.7 million project to advance research in the miniaturisation and scalability of vacuum systems for scalable quantum technologies.

MicroFactory has raised $1.5 million in pre-seed funding from a set of visionary backers, including Clement Delangue, the founder of Hugging Face, and Naval Ravikant, early investor in Uber and Twitter, giving the company a post-money cap of $30 million.

BIOWEG, a German biotechnology company developing high-performance, biodegradable ingredients to replace intentionally added acrylic polymer based microplastics, has closed a €16 million Series A round.