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Funding News
Eu-Startups
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Spanish clean energy startup Tether secures €1.3 million to turn EVs into the “world’s largest connected battery”
- Barcelona-based clean energy startup Tether raises €1.3 million to enhance grid resilience and efficiency.
- Funding secured in a pre-Seed round led by Draper B1 and K Fund, with support from other investors.
- Tether aims to leverage electric vehicles to create a massive connected battery for the grid.
- Founder Luis Medina Rivas emphasizes the importance of flexibility in the evolving energy landscape.
- The technology is designed to reduce CO2 emissions significantly over a car's lifetime.
- Tether's solution involves coordinating the charging patterns of private electric vehicles.
- The company plans to expand into Nordic markets to advance the green energy transition.
- Tether collaborates with EV manufacturers like Audi and Zeekr and charge point operators.
- The team consists of professionals with expertise in engineering, mathematics, and data science.
- The funding will be used to extend partnerships, scale teams, and enhance integrations.
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Eu-Startups
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Belgian scale-up Bizzy raises €4 million to expand its AI Sales Agent across Europe
- Belgian scale-up Bizzy has raised €4 million in fresh funding to expand its AI Sales Agent across Europe.
- The funding round is led by Fortino Capital with participation from prominent figures from Ghent's tech ecosystem and existing investors like Pitchdrive.
- Bizzy, founded in 2021, aims to save sales professionals' time by automating lead generation using smart technology.
- The platform helps companies identify high-quality prospects from a database of over 34 million European businesses and 76 million professional contacts.
- Over 500 paying customers use Bizzy each month, with more than 10,000 sales professionals utilizing the platform for lead generation.
- Bizzy is expanding its platform to automate the entire go-to-market process, integrating seamlessly with most CRMs and prospecting tools.
- The launch of the AI Sales Agent aims to autonomously identify, qualify, and enrich leads, providing targeted recommendations for sales teams.
- The more the AI Sales Agent is used, the smarter and more tailored its recommendations become.
- Bizzy's focus on smart data and streamlined processes aligns with the evolving landscape of sales technology.
- The company is determined to lead the development of breakthrough solutions for European sales teams with its innovative approach.
- Investors believe in the potential of Bizzy's AI Sales Agent to revolutionize sales processes.
- The expansion of Bizzy's AI Sales Agent signifies the company's commitment to enhancing sales efficiency and effectiveness.
- Bizzy's success and growth reflect the increasing demand for intelligent sales technology in the market.
- The funding will catalyze Bizzy's expansion efforts and contribute to its mission of optimizing sales operations across Europe.
- Bizzy's vision and dedication to leveraging technology to empower sales professionals showcase its potential to drive innovation in the sales industry.
- Bizzy's innovative solutions position it as a key player in reshaping the future of sales technology and strategy.
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The Robot Report
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All3 launches AI and robotics to tackle housing construction
- All3, a London-based company, unveiled its building system integrating AI and robotics to address housing construction challenges in Europe and North America.
- The construction industry spends less on R&D than other sectors, leading to manual labor reliance and skilled worker shortages.
- All3 aims to revolutionize construction with a vertically integrated AI and robotics approach, streamlining processes for faster, cost-effective, and sustainable development.
- The company's technology offers bespoke designs, automated manufacturing, and robotic assembly, particularly suited for inner-city sites and complex projects.
- All3's AI platform facilitates custom building designs and optimized space utilization, enhancing productivity and sustainability in housing construction.
- By using structural timber composites and standard building elements, All3 automates design generation, manufacturing, and robot programming, reducing costs and enhancing efficiency.
- Targeting real estate developers, All3 promises to accelerate project timelines, reduce costs, and minimize carbon impact by integrating AI and robotics across the construction value chain.
- Founded by experienced entrepreneurs, All3 has secured $30 million in funding and plans to commence construction on its first build in Europe in 2025.
- With a focus on delivering end-to-end solutions for multifamily housing, All3 envisions a future where robotic automation dominates construction processes.
- The company's innovative approach to housing construction signifies a significant shift towards AI and robotics-driven solutions in the industry.
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Eu-Startups
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Northern Gritstone and Parkwalk team up for new EIS fund – will it deliver the UK’s first trillion-euro startup?
- Northern Gritstone and Parkwalk have launched the Northern Universities Venture Fund, an EIS fund to support early-stage science and DeepTech spinouts from Northern English universities.
- The fund targets sectors like quantum computing, AI, engineering biology, and aims to commercialize innovation from the North of England.
- Managed by Parkwalk with €584 million in AUM, the fund is part of efforts to invest in UK university science and technology.
- Northern Gritstone, supporting startups from academic institutions since 2022, has invested in 37 companies in various sectors.
- They raised an additional €58.4 million this year, totaling committed capital to €423 million.
- Northern Gritstone's mission is to balance returns with societal impact, supporting job creation and regional development.
- Parkwalk Advisors, part of IP Group plc, is experienced in university-specific investment vehicles and manages funds for several UK universities.
- The collaboration aims to offer investors access to a pipeline of innovative spinouts.
- The fund leverages Northern Gritstone's university partnerships and aims to drive economic impact.
- High-net-worth individuals can now invest in early-stage university projects through this partnership.
- Creating opportunities for investors to support potential global companies emerging from Northern universities.
- The initiative seeks to encourage regional growth and benefit the UK economy.
- Both parties bring expertise in university commercialization and venture capital to the partnership.
- Lord Jim O’Neill sees the collaboration as a chance to support the next generation of global companies.
- The fund benefits from long-term agreements with partner universities, granting preferred investor access to spinout deals.
- Parkwalk will handle fund management, facilitating investment in early-stage university commercialization projects.
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Siliconcanals
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Image Credit: Siliconcanals
Belgium’s Bizzy raises €4M to help sales teams stop chasing leads and start closing deals
- Belgium's Bizzy raises €4M in funding to expand its AI Sales Agent across Europe with Fortino Capital leading the round.
- Fortino Capital specializes in growth-stage investments in European SaaS companies, particularly in sales automation and data intelligence platforms.
- Prominent Belgian investors, including founders of Silverfin, Lighthouse, Teamleader, and Henchman, participated in the funding round alongside existing investor Pitchdrive.
- The funding will support the expansion of Bizzy's AI Sales Agent across European markets utilizing its database of over 34 million European businesses and 76 million professional contacts.
- Bizzy's platform automates lead generation for sales teams by identifying, qualifying, and enriching leads with contextual intelligence to improve sales strategies.
- The AI-powered sales platform has over 500 paying customers monthly, 35 employees, and more than 10,000 sales professionals using the platform to find potential customers.
- Co-founder Hendrik Keeris highlights the importance of sales professionals focusing on building relationships rather than spending time on lead lists.
- Bizzy aims to empower every sales team in Europe with the capabilities of its AI Sales Agent.
- The platform integrates with most CRM and prospecting tools, prioritizing proprietary business data models to automate lead generation processes.
- Bizzy has shifted from market intelligence to automating end-to-end go-to-market processes for sales and marketing teams.
- Co-founder Hendrik Keeris emphasizes the need for smart data and streamlined processes in sales, aiming to lead the evolution of sales technology for European sales teams.
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Fintechnews
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300
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UBS Invests in Icon Solutions to Advance Payment System Development
- UBS has made an equity investment in UK-based fintech, Icon Solutions, aimed at advancing payment system development.
- The investment round also includes contributions from existing backers Citi and NatWest.
- Pieter Brouwer from UBS emphasized the partnership with Icon Solutions to deliver innovative payment solutions efficiently.
- UBS, along with Citi and NatWest, will contribute to the strategic direction and development of the Icon Payments Framework (IPF).
- Tom Kelleher, Co-Founder of Icon Solutions, highlighted the increasing adoption of IPF by major financial institutions for innovative payments solutions.
- IPF is a development framework that allows banks to build, test, and deploy payment processing solutions proficiently while managing project timelines and costs.
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Eu-Startups
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Tadaweb secures €17.3 million to arm cybersecurity and defense teams with smarter OSINT
- Luxembourg-based Tadaweb secures €17.3 million to scale its Small Data Operating System for publicly available information (PAI) and open-source intelligence (OSINT), supporting product development and recruiting top talent.
- Arsenal Growth and Forgepoint Capital International lead the investment, with existing investor Wendel participating. Jason Rottenberg and Damien Henault will join the Tadaweb board.
- Tadaweb focuses on transparency, empowering analysts with a Small Data approach and combining technology with human intuition to reshape how organizations utilize digital information.
- Their SaaS platform aids defence, national security, and corporate security organizations across Europe and the U.S.
- OSINT, accounting for 80-90% of information-gathering activities for law enforcement agencies, involves collecting and analyzing publicly available data to support decision-making.
- Tadaweb helps organizations overcome information overload by providing rapid analysis of PAI to access accurate and actionable information in volatile markets.
- Tadaweb's technology augments analysts' Small Data skills with AI to integrate seamlessly with third-party tools, helping users meet crucial priorities like fraud reduction and threat identification.
- Investors are drawn to Tadaweb's Small Data approach, visual query engine, focus on human analysts, and committed management team.
- Tadaweb's funding now totals €34.7 million, with previous investments in 2023 and 2015.
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Medium
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How I Turned Investor Escalations into Trust— Cutting 45% with a Product Mindset
- The shift in perspective from managing touchpoints to asking product-style questions transformed investor interactions.
- The author mapped investor experiences similar to how a product manager maps user journeys, focusing on reducing friction in onboarding and follow-ups.
- Through proactive engagement, careful listening, and redesigning touchpoints, escalations on the Fluna investor portal decreased by 45%.
- The improvement was achieved without a major overhaul but by providing a better, more responsive, and human-centered experience.
- Investors seek reliability, clarity, and security, emphasizing the importance of understanding that debt capital involves real individuals.
- The author credits their team and boss, Miguel Sousa Dias, for supporting experimentation and fostering ownership of the process.
- The experience highlighted that investor relations transcends finance, functioning as a product with users, feedback loops, and outcomes.
- Adopting a product mindset focusing on user-centricity, iteration, and journey thinking enhanced the author's problem-solving skills and strategic thinking.
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Medium
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Rental. Reimagined. Why we invested in fashion startup, Hirestreet
- Investment in fashion startup Hirestreet by dmg ventures due to their super sleek rental platform with over 100 UK and international brands and a tiered subscription model for flexibility.
- Founder Isabella started Hirestreet to offer an alternative to fast-fashion, facing challenges but eventually building a strong team and technology platform.
- Hirestreet focuses on younger generation's demand for sustainable and affordable high-street fashion, addressing the issue of fast-fashion consumption.
- Rental provides a lucrative avenue for retailers to increase margins and monetize excess inventory, offering additional revenue streams.
- Hirestreet's partnership with dmg media aligns with the target audience demographic, utilizing platforms like Mail Online, Metro, and Eliza to reach a wide audience.
- Successful collaboration expected with Eliza, a social-first fashion and beauty brand under dmg media, to educate and inspire audience about the benefits of rental.
- Overall, the investment in Hirestreet is driven by its alignment with sustainable fashion trends, retailer profitability, and strategic media partnerships.
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Siliconcanals
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Barcelona’s Tether raises €1.3M post-Spain blackout to tackle EU’s €135B/year grid instability risk
- Barcelona-based startup Tether has secured nearly €1.3M in pre-seed funding to enhance its AI-coordinated electric vehicle grid integration technology.
- Draper B1 and K Fund led the funding round, with support from other Southern European venture funds focused on impact investments.
- Tether aims to tackle Europe's grid stability challenge by transforming private electric vehicles into distributed battery assets for grid reinforcement.
- The technology coordinates charging schedules of private electric vehicles to reduce CO2 emissions and create revenue streams for OEMs and charge point operators.
- Without immediate action, EU economies could face up to €135B in annual grid instability costs by 2050.
- The funding will aid Tether's team growth and product launches in Nordic markets, Germany, and Belgium.
- Tether plans to expand its engineering and commercial teams and deepen collaborations with automakers and grid operators.
- The company has ongoing pilots with major car manufacturers and charge point operators like Audi and Zeekr.
- Founder Luis Medina Rivas highlights the urgency for flexibility in the grid due to the blackout in Spain and the potential grid instability costs in the EU.
- Luis Medina Rivas, with a background in power and renewable energy engineering, leads Tether, bringing expertise from notable companies and recognitions.
- Tether's development team includes engineers, mathematicians, and data scientists with diverse backgrounds to support its technical approach.
- Raquel Bernal, Partner at Draper B1, praises Tether's mission to bridge electric vehicles with the energy market and its innovative market transformation potential.
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SiliconCanals
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Amsterdam-based Delfio secures €1.5M to take hassle out of wholesale electronics buying
- Amsterdam-based startup Delfio secures €1.5M in pre-seed funding from tech investor Peak to automate international wholesale procurement for consumer electronics.
- Founded in 2025 by Roy Erdmann and Keihan Popal, Delfio targets the €837.4B global procurement market through aggregated purchase orders and supplier bidding systems.
- The funding will facilitate Delfio's expansion across operational hubs in the US, Dubai, Hong Kong, and Amsterdam to scale its infrastructure for global procurement operations.
- Delfio aims to strengthen its network of 35,000 suppliers, serving major brands like Apple, Samsung, and JBL.
- Peak led the investment round, recognizing Delfio's potential to revolutionize B2B procurement through automation and data-driven decision-making.
- Delfio addresses inefficiencies in consumer electronics distribution by consolidating purchase orders, negotiating better pricing, and managing the procurement process to delivery.
- The platform simplifies procurement processes in the gray market by handling quality checks and managing delivery terms and warranty processes.
- The founding team's market experience positions Delfio uniquely to address fundamental problems in the procurement sector through automation and data-driven processes.
- Delfio's multi-continental infrastructure enables the management of procurement processes globally, providing financial backing and ensuring supplier payments within 48 hours.
- The platform focuses on transparency, efficiency, and scalability to empower buyers and suppliers in the consumer electronics distribution market.
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Economic Times
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24
Image Credit: Economic Times
Mahaveer Finance raises Rs 200 crore from Elevation Capital and others
- Chennai-based NBFC Mahaveer Finance raises Rs 200 crore in an equity funding round led by Elevation Capital.
- Participation also from Banyan Tree Finance and First Bridge Capital.
- Founded in 1981, Mahaveer Finance is run by Praveen and Deepak Dugar.
- Aim to strengthen governance structure, grow business, and invest in technology with new funding.
- Previously raised Rs 75 crore from private equity investors Banyan Tree and First Bridge Capital.
- Planned diversification into new areas like loan against property.
- Grew loan book from Rs 50 crore to Rs 1,000 crore between 2016 and 2025.
- Targeting a loan book of Rs 5,000 crore in the next 2-3 years.
- Works with major lenders such as State Bank of India, HDFC Bank, and AU Small Finance Bank.
- Plans to offer business loans with an average ticket size of Rs 10-15 lakh through branch-led model.
- Currently operational in Tamil Nadu, Andhra Pradesh, Telangana, and Karnataka.
- Network of 80 branches expected to grow to over 100 by the year-end.
- Aiming to increase monthly disbursements from Rs 75-80 crore to Rs 100 crore by end of fiscal year.
- Closed FY24 with total revenue of Rs 136 crore and net profit of Rs 16 crore.
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Economic Times
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Image Credit: Economic Times
Deeptech VCs spot big funding momentum on government, geopolitical push
- Indian deeptech funds like Speciale Invest, Ideaspring, and Mela Ventures are raising fresh funds to increase investments due to government support, favorable geopolitical climate, and rapid tech progress.
- Java Capital plans to raise its fund size from Rs 50 crore to Rs 250 crore, Bharat Innovation Fund is seeking to raise $150 million for its second fund, Navam Capital is raising a $30 million maiden fund.
- Speciale Invest closed its third fund, Ideaspring Capital and Mela Ventures are raising their third and second funds, respectively.
- Ideaspring Capital anticipates exceeding the Rs 265 crore raised for its second fund, while Mela Ventures raised Rs 320 crore in its first fund.
- Indian deeptech ecosystem is thriving with startups in AI, spacetech, semiconductors, and climate tech sectors, intensifying competition for early-stage deals.
- Investments in deeptech in India doubled to $324 million in the first four months of 2025 across 35 deals compared to $156 million from 21 deals in the same period last year.
- Startups in sectors like aerospace, semiconductors, robotics and climate tech continue to receive funding support, signaling growth in the ecosystem.
- Challenges in fundraising for deeptech include the longer gestation period and fewer successful exits, hindering growth stage funding for startups.
- Breakout deeptech companies are yet to emerge in India, impacting the flow of capital into the ecosystem.
- Negative sentiments are present due to the downfall of celebrated startups like GoMechanic and Byju's, with investors focusing on returns rather than valuations.
- While early stage capital is available, growth stage funding remains a challenge for deeptech startups, signaling a need for more financial support in the ecosystem.
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Medium
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368
The Space-Data Gold Rush
- Space data, collected by satellites, holds immense potential in various industries.
- By 2030, Earth Observation data could contribute $700 billion/year to global GDP.
- Challenges in the space-data industry include data harmonization and limited downlink capabilities.
- Opportunities exist in creating data infrastructure, optical communications, and vertical SaaS solutions.
- Successful space-data startups require expertise in aerospace engineering, data science, and go-to-market strategies.
- Critical areas for innovation include harmonizing satellite data and developing specialized SaaS products.
- Building a unified schema across providers and focusing on specialized, high-value use cases are key.
- Capital deployment in the space-data industry has predominantly focused on launch and hardware platforms.
- There is significant potential for VC firms to invest in the growing space-data sector.
- Space-data presents an evolving landscape with opportunities for pioneering foundational tools and vertical solutions.
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Siliconangle
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Image Credit: Siliconangle
Texas Instruments to invest $60B+ in US fab network
- Texas Instruments Inc. plans to invest over $60 billion to expand its manufacturing capacity in the U.S., focusing on analog chips.
- The investment includes previous commitments and aims to increase domestic production of a wide range of products.
- Analog chips function with various electrical signals beyond just 0s and 1s, serving tasks such as powering robots and acting as sensors.
- Texas Instruments also makes specialized chips like those for ultrasonic vibrations and power management in AI equipment.
- The company collaborates with Nvidia to enhance AI infrastructure and develop efficient power management hardware.
- With a diverse product portfolio, Texas Instruments plans to construct new fabs in the U.S. to cater to customer demands.
- A significant portion of the investment will go towards building a manufacturing campus in Sherman, Texas, with future expansions planned.
- Two other manufacturing campuses in Richardson, Texas, and Lehi, Utah, will also receive investments to increase production capacity.
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