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Eu-Startups

Finnish startup Nvelop secures €1.2 million to innovate enterprise procurement with Agentic AI

Finnish startup Nvelop has secured €1.2 million in Seed funding to develop enterprise procurement through agentic AI, led by Failup Ventures.
The funding will allow Nvelop to focus on innovation in AI-powered procurement and creating value for customers.
Nvelop, founded in 2024, accelerates sourcing processes, reduces costs, and ensures compliance using agentic AI.
The company's platform covers the entire sourcing lifecycle within a single workspace for alignment and stakeholder engagement.
Nvelop reimagines procurement by integrating agentic AI at its core, amplifying human decision-making and automating compliance tasks.
The startup plans to capture a significant share of the global procurement software market with its innovative approach.
Nvelop seeks to deliver faster sourcing, cost savings, regulatory assurance, and better business outcomes to its customers.
The funding will be used to accelerate product development, expand the engineering team, and scale go-to-market efforts.
Investors like Failup Ventures and Antler support Nvelop's vision and technological ambition in rethinking procurement.
The company's chat-first interface enables teams to execute complex sourcing processes with simplicity.
Nvelop's focus on improving sourcing impact through tailored solutions with organizational alignment has gained recognition.
The startup aims to revolutionize source-to-contract workflows with AI integration and stakeholder engagement.
The team's dedication to customer focus and innovative technologies has contributed to their fundraising success.
Nvelop stands out for its approach of rethinking procurement processes from scratch, with AI as a core component.
The company's aggressive plans align with the growing procurement software market expected to exceed €10 billion.
Nvelop is well-positioned to drive industry change and deliver enhanced procurement solutions through its AI-powered platform.

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Ketto

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Image Credit: Ketto

Your Guide to the Best Hospitals in Gurugram

The article provides a comprehensive guide to the best hospitals in Gurugram, India, including Max Hospital, Park Hospital, Paras Hospital, CK Birla Hospital, Fortis Memorial Research Institute, Narayana Superspeciality Hospital, Artemis Hospital, Manipal Hospital, and Medanta - The Medicity.
Max Hospital Gurugram is known for its expertise across various specialized fields, advanced robotic surgery using the Da Vinci Xi Robotic System, and top-quality medical care.
Park Hospital in Gurgaon offers advanced iMARS technology for minimally invasive surgeries and holds NABH accreditation for patient safety and excellent care.
Paras Hospital in Gurgaon is a 300-bed, NABH-accredited multi-specialty hospital excelling in various specialties like Cardiac Sciences, Oncology, Neuro Sciences, Renal Sciences, and more.
CK Birla Hospital in Gurgaon, part of the CKA Birla Group, focuses on patient involvement, features modern facilities, specialized departments, and follows international healthcare guidelines.
Fortis Memorial Research Institute, spread across 11 acres, offers excellent medical care with 8 Centers of Excellence and advanced technology like the Da Vinci Robotic System and MR Linac.
Narayana Superspeciality Hospital in Gurgaon, a NABH-accredited facility, excels in over 30 specialties with advanced technology like robotic surgery systems and IVUS facilities.
Artemis Hospital, with JCI and NABH accreditation, offers top-notch medical and surgical care in specialties like Oncology, Cardiology, Orthopaedics, and more, blending affordability with excellence.
Manipal Hospital, part of the Manipal Hospitals network, is known for its wide array of specialties, state-of-the-art technology, and compassionate approach towards patient care.
Medanta - The Medicity, founded by Dr. Naresh Trehan, is a top private hospital excelling in Cardiology, Oncology, Neurosciences, and more, with advanced technologies and multidisciplinary care.
The article qualifies for web story generation as it provides valuable information about the best hospitals in Gurugram and their specialized services and facilities.

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Roadtovr

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Image Credit: Roadtovr

Japan’s TDK Acquires Smart Glasses Maker SoftEye to Advance Wearable AI Tech

Japan-based TDK acquires US smart glasses maker SoftEye, emphasizing wearable AI tech development.
TDK sees the acquisition as crucial in enhancing its AI ecosystem contribution and establishing market leadership.
The deal, reportedly valued at less than $100 million, expands TDK's business portfolio significantly.
SoftEye specializes in custom chips, cameras, and algorithms for AI-linked smart glasses, complementing TDK's strategy.
The acquisition aims to create a new Human Machine Interface for interacting with AI through eye movement.
SoftEye's technology enables communication with AI via eye movements and aligns with TDK's smart glasses vision.
TDK, known for electronic components, has ventured into AI infrastructure, investing in innovative solutions.
Market interest in smart glasses is rising, with companies like Vuzix securing investments, challenging industry leaders.

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Eu-Startups

367

Finnish startup Hailia raises €1.75 million to transform underutilised fish materials into new seafood dishes

Finnish FoodTech startup Hailia secures €1.75 million funding to convert sidestreams from fish processing into consumer-ready seafood products.
The investment round involves new investors Holdix and Ikorni Invest, as well as a syndicate of existing and new investors.
Hailia forms strategic partnerships with Finnish seafood processor Kalavapriikki and Danish engineering company Dana Technology to expand its technology internationally.
CEO Michaela Lindström emphasizes the growing industry interest in utilizing sidestreams for human consumption.
Hailia Nordic Oy focuses on efficient seafood processing technologies and aims to enhance resource efficiency in the seafood sector.
The company offers innovative seafood products and licenses its technology to global fish processing companies.
Hailia's partnership with Kalavapriikki has led to the release of new seafood products like 'pulled rainbow trout' and collaboration with food service providers.
Hailia holds exclusive rights to employ the technology in seafood applications and is in talks with global fish producers for technology licensing.
Kalavapriikki CEO, Jari Korhonen, lauds Hailia's technology for enhancing production efficiency, reducing waste, and creating new consumer products.
With rising seafood consumption, Hailia aims to contribute to a sustainable food system by utilizing fish sidestreams for human consumption.
The company's licensing model allows fish processors to integrate their technology for increased resource efficiency and new product development.
Hailia collaborates with Dana Technology to expand globally and continue technological advancements for the seafood industry.
The seafood industry's need for low-carbon protein sources amplifies the importance of maximizing fish utilization, as highlighted by Hailia's initiatives.

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SiliconCanals

376

Image Credit: SiliconCanals

Eindhoven’s secure data transfer startup LiveDrop raises €2.1M for deployment in NATO-aligned markets

Eindhoven-based LiveDrop, specializing in secure offline data transfer, has raised €2.1M in a seed round led by Value Creation Capital and supported by Secfund and Kadmos Capital.
Value Creation Capital, a deep-tech investor in cybersecurity and defense, emphasizes LiveDrop's potential impact on data transfer across sectors like Defense, Cybersecurity, and Healthcare.
Existing investors like Patronum Investment and angel investors, including industry veteran Cees Links, also participated in the funding round.
The oversubscribed round reflects confidence in LiveDrop's direction and dual-use strategy, enabling broader deployment in NATO-aligned markets.
The funds will be used to expand LiveDrop's technology within defense, government, and civilian domains, facilitating international deployment and integration.
LiveDrop, founded in 2021 by Patrick Moreu, focuses on secure offline data transfer using optical encoding, serving Defense & Security with applications in Cybersecurity and Healthcare.

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Eu-Startups

Norwegian energy startup ONiO raises €5 million for world’s lowest power MCU

Oslo-based ONiO has raised €5 million to ramp production of ONiO.zero – the first general-purpose microcontroller unit (MCU) that cold-starts from under 1µW and runs entirely on ambient energy.
Funding round led by node.vc and co-led by Maki.vc; Existing investors EIC Fund and MP Pension also participated and doubled down.
ONiO's technology allows powering microcontrollers entirely from ambient energy, changing the landscape of sustainable IoT.
ONiO, founded in 2016, specializes in ultra-low-power microcontrollers, including the “world’s most power-efficient” MCU.
ONiO.zero operates on as little as 22µW/MHz and can cold-start from less than 1µW, running on ambient energy.
The company's mission focuses on reducing battery waste and providing cost-effective power solutions for IoT devices.
The chip integrates a RISC-V CPU, radios, power management, security, memory, and more into a single die.
ONiO.zero has been tested in various applications like solar keyboards, electronic shelf labels, air quality sensors, and asset trackers.
The company is scaling production to meet demand and providing dev kits and reference designs for engineers.
ONiO aims to drive innovation and sustainability in the IoT space by unshackling devices from traditional power constraints.
The funding round will support the volume production of ONiO's power-agnostic wireless microcontroller.
ONiO.zero harvests energy from sources like solar, RF, thermal, and piezo, eliminating the need for batteries in some applications.
The technology has been validated in real-world applications, paving the way for the market launch of the chip.
ONiO's chip is set to revolutionize IoT power solutions and contribute to environmental sustainability.
The company's integrated chip design consolidates multiple components into one, streamlining production and enhancing efficiency.
ONiO's focus on minimalist, user-friendly power solutions aligns with the goal of driving a new era of innovation in the IoT sector.

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Medium

Image Credit: Medium

Why the Next $100B in PE Returns Will Come from Intelligence, Not Size

The global private equity (PE) industry is undergoing a transformation favoring intelligence-led strategies, infrastructure, and operational agility for value creation post-2023 and 2024's challenges.
PitchBook Q1 2025 data shows increased PE deal volumes and deal sizes, signaling a shift to strategic deployment over transactional volume in a high dry powder market.
Intelligence is becoming the key alpha generator in PE, focusing on data, AI, and domain expertise across deal sourcing, diligence, scaling, and exits.
Mega-deals in 2025 require intelligence integration, digital infrastructure, and business model automation for strategic rather than just capital-intensive investments.
Challenges remain with liquidity management in PE due to lagging distributions, leading to innovative exit strategies beyond IPOs and M&A, like technology-driven solutions.
The sectoral realignment in PE focuses on value-centric capital deployment in sectors embracing AI-native architectures, digital integration, and innovation for sustainable growth.
Due diligence is evolving in 2025 to include intelligence architecture evaluation, synthetic scenario forecasting, and dynamic risk scoring models for long-term value creation and adaptability.
Elmirate Capital advocates for intelligence-heavy PE investments, emphasizing AI-native platforms with real-time optimization, regulatory foresight, and cyber-physical resilience.
The future of PE lies in scalable, defensible, and AI-native platforms that can adapt and lead in the evolving global landscape.
The PE playbook is shifting towards intelligence, infrastructure, and digital defensibility as core aspects of investment strategy for success in a dynamic world.
Success in PE in the coming years will depend on the integration of intelligence layers, resilient data architectures, and forward-compatible operational strategies.

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Pymnts

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Image Credit: Pymnts

FinTech IPO Index Slips as Platforms Decline and Overtake Circle’s 70% Surge

The FinTech IPO Index slipped 1.3% heading into the Juneteenth holiday.
Circle shares surged 70% as OpenPayd and Circle partnered to offer a unified fiat and stablecoin infrastructure.
DeFi Development obtained a $5 billion equity line of credit and saw a 19% increase in shares.
Blend shares declined more than 10% following an expanded partnership with PHH Mortgage.
OppFi and Expensify shares both slipped 9.5%.
Robinhood introduced new mobile tools for active traders, leading to a 4.5% increase in shares over five trading sessions.

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Nonprofithub

Image Credit: Nonprofithub

[PODCAST] Unlocking Leadership: The Power of Mentorship – Ken Miller

Ken Miller, a lifelong mentor, shares his journey from foster care to mentoring over 50 men in an inspiring podcast episode.
He distinguishes mentoring, coaching, and workplace sponsorship, highlighting that true mentorship is free, relational, and holistic.
Ken's mentorship philosophy centers around asking individuals about their dreams and helping them rediscover the ability to dream.
He addresses the challenges faced by women and people of color in finding mentors and discusses how his organization, Men of Color in Development, supports them.
The podcast provides practical insights for those seeking mentors, becoming mentors, or establishing a supportive culture.
Listeners can access nonprofit professional development resources and connections at https://nonprofithub.org.
The episode is sponsored by Apricot by Bonterra, offering nonprofits a more efficient way to track outcomes, simplify reporting, and increase funding opportunities.

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SiliconCanals

394

Image Credit: SiliconCanals

Oslo’s ONiO raises €5M to scale MCU that cold-starts under 1µW, runs on ambient energy

Oslo-based ONiO, a fabless IoT company, raised €5M led by node.vc and co-lead by Maki.vc.
Node.vc is an early-stage VC firm in Stockholm that invests in tech startups in Nordic and Baltic regions with an €80M fund.
The funding will aid in scaling ONiO's ONiO.zero wireless microcontroller, which starts under 1µW and runs on ambient energy.
ONiO's technology can harvest energy from sources like solar, RF, thermal, and piezo without batteries, contributing to eco-friendly IoT solutions.
ONiO aims to reduce battery waste, and ONiO.zero is instrumental in achieving this goal.
ONiO, led by Kjetil Meisal, focuses on ultra-low-power microcontrollers like the power-efficient ONiO.zero for IoT applications.
ONiO.zero operates on 22µW/MHz, redefining how IoT devices are powered with its ability to run on various energy sources.
The technology enables smarter, more efficient, and sustainable IoT designs by eliminating the need for batteries or extending battery life significantly.

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SiliconCanals

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Image Credit: SiliconCanals

Punto Health wins NN Social Innovation Startup Award 2025; secures €100K grant for AI platform transforming dementia care

Punto Health wins NN Social Innovation Startup Award 2025 and secures a €100,000 grant for their AI platform focusing on transforming dementia care.
Runner-up was The Hacking Games, a Belgium-based startup emphasizing cybersecurity careers from digital talent in gaming communities.
Punto Health, founded in 2023 by Anna Muñoz Farré and Jack Eckersley, provides AI-powered tools to enhance dementia care.
PuntoCare is a mobile app supporting individuals with cognitive impairment, while PuntoClinic focuses on remote cognitive assessment and monitoring.
Other finalists included naext, iYoni App, Juvoly, and Morphoses, each addressing unique societal challenges and receiving awards for their contributions.
The NN Social Innovation Startup Award, organized by NN Group and Rubio Impact Ventures, supports startups in health, finance, and education sectors.

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Global Fintech Series

Image Credit: Global Fintech Series

Exnet.ai Introduces AI-Powered Solution for Registered Investment Advisors, Opens Early-Adopter Program

Exnet.ai, owned by Red Matter Capital, has introduced the RIA Early-Adopter Program for Registered Investment Advisors.
The program offers AI-driven position analysis, risk metrics, dashboards, and compliance automation to enhance advisor-client interactions.
It includes features like ML-powered predictive alerts, hyper-personalized model portfolios, client-facing analytics, and compliance automation tools.
Advisors can apply until July 15, 2025, with selected firms receiving waived platform fees and early access to AI tools.
The aim is to provide decision-making support, automate portfolio management, and streamline advisory workflows for RIAs.
Exnet.ai's program emphasizes transparency, insight, and client collaboration through data-rich recommendations.
CEO Paul Couture highlights the importance of value demonstration beyond returns in the wealth-management industry.
The platform leverages advanced algorithms, live market data, and integrated AI robo-advisory engines.
Features include real-time risk monitoring, interactive reporting, automated rebalancing, and compliance surveillance.
The program is designed to align model portfolios with client goals and risk profiles.
Exnet.ai aims to revolutionize the advisory practice through AI-powered solutions.
Selected RIAs will benefit from early access to cutting-edge AI tools and be part of an exclusive fintech roundtable.
This initiative aims to empower advisors with actionable insights and improve client engagement.
The program underscores the importance of transparency, compliance, and personalized insights in wealth management.
Exnet.ai's approach aims to enhance the value proposition for independent Registered Investment Advisors.
Overall, the Early-Adopter Program offers a suite of AI-powered tools to enhance the advisory experience for RIAs.
The platform's focus is on delivering innovative AI solutions to streamline advisory processes and optimize client interactions.

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Eu-Startups

Berlin-based Ostrom raises €20 million to accelerate Germany’s smart energy capability

Ostrom, a German digital green energy provider, secures €20 million in Series B funding to expand smart energy capabilities.
The funding will be used to subsidize smart meters for customers and grow the NeoGrid Virtual Power Plant.
Eneco Ventures led the round, with participation from existing investors, bringing the total funding to over €40 million.
Ostrom aims to accelerate smart meter adoption and scale the virtual power plant through the funding.
The company offers transparent electricity services with flat monthly fees or electricity-at-cost options to consumers.
Customers can choose between SimplyFair and SimplyDynamic plans for billing flexibility and green energy consumption.
The Ostrom App enables users to monitor and optimize their energy usage, connecting with EVs, solar, and battery storage.
Ostrom experienced rapid growth in 2024, tripled its customer base, and launched a large electric vehicle Virtual Power Plant in Germany.
The company plans to redefine energy retailing by offering electricity-at-cost and hourly dynamic pricing for consumers.
Ostrom's focus on automation and AI resolves over half of customer operations automatically, ensuring scalability.
The company will use the funding to accelerate nationwide rollout, strengthen tech capabilities, and expand the NeoGrid Virtual Power Plant.

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Economic Times

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Image Credit: Economic Times

Insurtech firm Renewbuy bags $10 million from Apis, 360 One

Renewbuy, an insurtech firm, secures $10 million funding from Apis Partners and 360 One.
The funding round is aimed at aiding business development during the ongoing merger with InsuranceDekho.
Renewbuy did not respond to ET queries regarding the funding.
InsuranceDekho is looking to acquire Renewbuy, valuing the startup at $300-350 million.
The acquisition aims to create a billion dollar merged entity in the insurance broking sector.
The deal is pending approval from the Insurance Regulatory and Development Authority of India.
Renewbuy plans to utilize the funds for business operations and expansion in the interim period.
Since its inception in 2014, Renewbuy has raised $141 million from investors like Dai-ichi Life Insurance, Apis Partners, and Lok Capital.
As of June 2023, Renewbuy was valued at around $324 million.
Renewbuy deals in motor health and life insurance products through physical agents.
For the financial year 2023-24, the company reported a revenue of Rs 410 crore and a net loss of Rs 114 crore.
Renewbuy competes with players like InsuranceDekho, Turtlemint, and Policybazaar in the insurance sector.

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Siliconangle

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Image Credit: Siliconangle

Healthcare technology startup Commure raises $200M ahead of IPO

Commure Inc., a healthcare technology startup, has raised $200 million in funding from General Catalyst ahead of its upcoming IPO.
The investment was made by General Catalyst's Customer Value Fund, focusing on financing sales and marketing programs.
Commure had previously raised $500 million from investors like Nvidia Corp. and Y Combinator.
The funding will help accelerate the company's reach in the U.S. healthcare system.
Commure offers multiple software products for healthcare organizations, with applications used by over 130 health systems in the U.S.
Their technology includes AI-driven solutions like Ambient AI that automate tasks such as generating medical notes and recording patient interactions.
Ambient AI can automatically generate medical codes from medical notes, streamlining clinical datasets.
Commure's software products also include AI agents for contact center teams to automate patient interactions.
The company's offerings range from managing billing tasks to creating self-service portals for booking doctor's appointments.
Commure reported generating over $200 million in annual revenue, aiming for positive cash flow by 2026 and planning an IPO in 2027.
Before the IPO, Commure may raise another funding round and launch a tender offer for investors.

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