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Eu-Startups

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Paris-based investment club Keenest invests more than €5 million in the sustainable economy

  • Keenest, a French climate-focused investment club, has invested over €5 million in impact startups to accelerate the transition to a carbon-free economy.
  • The platform, started in 2023, has grown to 3,500 members with the goal to involve individuals in financing the sustainable economy.
  • Investment projects are accessible from €500, with a focus on startups contributing to the ecological transition and offering climate dividends based on CO₂ avoidance.
  • Keenest aims for an average annual return of 20%, plans to raise €10 million by March 2026, and to finance 20 impact projects while launching a diversified fund by 2026.

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Inc42

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BigBasket Appoints Ex-Vini Cosmetics Executive Manish Bajoria As CFO

  • BigBasket has appointed ex-Vini Cosmetics CFO Manish Bajoria as its new CFO as it formalizes its IPO plans.
  • Bajoria will oversee financial activities during BigBasket's next phase of growth and innovation.
  • BigBasket is focusing on reducing its burn rate and expanding its quick commerce offering, BBNow, aiming for $1.5B in sales in FY25.
  • The company has ventured into the 10-minute food delivery space and plans to expand this service nationwide by the end of FY26.

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ISN

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Renowned jewellery label AMAMA raises $1 million in funding from Mistry Ventures

  • AMAMA, a renowned jewellery label, raised $1 million in funding from Mistry Ventures, marking its second investment after initial backing from She Capital Trust.
  • Founded in 2019, AMAMA creates handcrafted fashion accessories from around the world, bridging generational gaps through expressive designs.
  • The funding will help AMAMA enhance its global storytelling on Indian artisanal craftsmanship, scale operations, expand presence in key Indian markets, strengthen supply chain and tech infrastructure, and drive offline and online growth.
  • The brand plans to open new stores in Mumbai, Ahmedabad, and Delhi NCR, explore travel retail, and pursue international expansion through global exhibitions and strategic partnerships.

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SiliconCanals

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Copenhagen’s GetWhy raises €17M to scale AI-powered consumer insights; eyes US expansion

  • Copenhagen-based consumer research technology company, GetWhy, raises an additional €17M in funding led by PeakSpan Capital.
  • The fund will be utilized to expand operations in the U.S. and strengthen the company's position in the global market.
  • GetWhy's AI-driven consumer insights platform aims to revolutionize market research for enterprises, with a client list including Heineken, Nestlé, Coca-Cola, and Adidas.
  • The company plans to open a U.S. office in 2025 to better serve its American customers and solidify its position as a market leader.

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Pymnts

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AI Startup M&A Deal Volume and Valuation Hit Records

  • AI startup M&A deals reaching record highs in volume and valuation per Mergermarket data.
  • Global M&A involving AI startups saw an upsurge in both number of deals and total value.
  • Recent AI acquisitions in the U.S. include Meta, OpenAI, Salesforce, Grammarly, Nvidia, and more.

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SiliconCanals

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Amsterdam’s AI startup Perry launches with €1.6M to help train and support Europe’s technical workers

  • Amsterdam-based AI startup Perry has officially launched with a €1.6M investment round to address the shortage of technical workers in Europe.
  • The funding was led by Berlin-based fund Revent and includes participation from angel investors experienced in companies like Google and OpenAI.
  • Perry's platform provides AI-powered work instructions for technicians in sectors facing a decline in technical roles, such as renewable energy and construction.
  • The startup's goal is to support technicians with dynamic instructions tailored to specific work environments and plans to expand further into Germany, France, and the UK.

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Eu-Startups

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Copenhagen-based GetWhy raises additional €17 million for their market research platform

  • Copenhagen-based startup GetWhy secures an additional €17 million in funding to enhance their market research platform and expand their market leadership.
  • The funding round, led by PeakSpan Capital and Arbejdernes Landsbank, boosts GetWhy's Series A financing to become one of Denmark's largest.
  • GetWhy utilizes generative AI to revolutionize consumer insights, catering to global brands such as Heineken, Nestlé, and eBay.
  • With plans to establish a U.S. office in 2025, GetWhy aims to become the standard for AI-driven consumer insights and transform the market research industry.

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UX Design

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Good metaphors, 11 commandments of AI UX, Figma shortcuts

  • Good metaphors and analogies are essential in design to make novel concepts feel familiar and approachable by leveraging sophisticated technologies of the time.
  • The eleven commandments of AI UX offer sacred principles for the intelligence era, focusing on the importance of understanding linguistic changes and innovation in design.
  • A list of Figma shortcuts aims to help designers work more efficiently by cutting design time in half.

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ISN

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WiseLife raises Rs 8 crore funding to scale yoga and wellness solutions

  • WiseLife, featured on Shark Tank India, secures Rs 8 crore in pre-Series A funding from Rukam Capital to scale its yoga and wellness solutions.
  • The funding will support WiseLife in expanding its product lines, enhancing content and community engagement, and broadening distribution.
  • The investment from Rukam Capital comes amidst the growing yoga and wellness market in India, projected to reach $2.2 billion by 2033.
  • The startup aims to become India's leading yoga brand by offering premium, eco-friendly yoga mats and lifestyle products at accessible prices.

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Eu-Startups

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Europeans on TikTok: 20 voices reshaping how we learn about business

  • Top European TikTok creators share business insights, from startup growth to investment advice.
  • Creators cover entrepreneurship, finance, sports, marketing, AI, and leadership in engaging TikTok content.
  • Accounts offer practical tips, market trends, and advice for founders and aspiring entrepreneurs.

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Inc42

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Incuspaze Acquires SaaS platform VSKOUT To Build GCC Vertical

  • Workspace provider Incuspaze has acquired B2B SaaS platform VSKOUT in a cash and equity swap deal to establish a GCC vertical, aiding in site selection and strategy with data analytics for commercial real estate.
  • VSKOUT, founded in 2016, offers analytics tools for India's commercial real estate sector and is known for its flagship product providing vacancy coverage, lease transactions, occupiers’ information, and building stack plans.
  • Following the acquisition, VSKOUT founders will join Incuspaze, with Kumar leading the GCC vertical and research while Jain contributes to the technology stack. Incuspaze plans to offer white-label data solutions and subscription-based insights for clients.
  • Incuspaze, founded in 2016, provides workspace solutions in over 18 cities, with a strong presence in the workspace market. The company is eyeing an IPO next year and is aiming to raise $25 Mn in a pre-IPO round.

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Eu-Startups

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Dutch TravelTech platform GeniusTravel raises €2 million to roll out travel packages app

  • Dutch TravelTech startup GeniusTravel raises €2 million to develop an AI-powered app for complete travel packages.
  • Investors, who chose to remain anonymous, aim to roll out the app in the Netherlands first, followed by other European markets.
  • The app lets users create trips including flights and accommodation based on personal preferences and budget, leveraging AI to provide personalized options.
  • GeniusTravel app is now available for free in App Store (iOS) and Play Store (Android) after over three years of development and Beta-testing.

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Inc42

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Eternal Appoints Aditya Mangla As Food Delivery CEO

  • Eternal has appointed Aditya Mangla as the CEO of its food ordering and delivery business, succeeding Rakesh Ranjan.
  • Mangla has over 20 years of experience and previously served as the head of product for food ordering and delivery.
  • The appointment follows Ranjan’s completion of a two-year tenure as CEO, with the intention of bringing fresh perspectives into the business.
  • Eternal's shares were trading 1.07% lower at INR 258.45 on the BSE following the announcement.

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Inc42

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550

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Nykaa Jumps 2.5% After It Projects Mid-20% Revenue Growth In Q1

  • Nykaa's shares rose 2.5% to INR 203.05 on the BSE following the company's projection of mid-20% revenue growth in the first quarter of FY26.
  • The company expects its consolidated revenue growth to be in mid-twenties YoY and GMV growth to surpass mid-twenties.
  • Despite challenges from geopolitical tensions affecting Q1 Flagship Sale, Nykaa foresees strong growth across all businesses including ecommerce, retail stores, and House of Nykaa brands.
  • The fashion vertical is expected to witness mid-teens revenue growth sequentially, with a notable improvement in GMV performance.

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SiliconCanals

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Munich-based Filics secures  €13.5M to bring space-saving robotics to more warehouses across Europe

  • Munich-based Filics has secured €13.5M in funding from a group of international investors and strategic backers, including Amazon Industrial Innovation Fund, for its space-saving robotics technology.
  • The investment will be used to expand Filics Unit, a double-runner system for automated pallet transport, and prepare for market entry into other European countries by 2026.
  • The Filics Unit, which can achieve up to 66% space savings, is designed for autonomous pallet transportation in warehouses and aims to enable fully autonomous truck loading in under five minutes.
  • Founded by engineers from the Technical University of Munich, Filics has developed innovative robotic solutions for intralogistics, addressing challenges in space constraints and skilled labor shortages in the logistics sector.

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