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Eu-Startups

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Paris-based Fungiball secures €2.2 million to grow and scale its fantasy tennis platform

  • Paris-based fantasy tennis platform, Fungiball, has secured €2.2 million in pre-seed funding.
  • The funding will be used to scale the platform, enhance user experience, develop new features, and expand internationally.
  • Fungiball aims to become the leading digital tennis platform, offering gameplay, fan engagement, content consumption, and a revenue stream for professional tennis players.
  • The platform has attracted over 5,000 registered users since its launch and has partnerships with tennis superstars Daniil Medvedev and Alexander Zverev.

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Hackernoon

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Meet Quatfit, The AI Innovator in HackerNoon’s Startups of the Year Awards!

  • AI startup Quatfit has been nominated for Hackernoon's Startups of the Year awards in India.
  • Quatfit is focused on creating cutting-edge solutions to help businesses optimize operations and achieve efficiency.
  • The company's goal is to democratize access to AI technologies and provide tools that are powerful and easy to integrate for industries like healthcare, urban planning, and sustainability.
  • Quatfit achieved product-market fit by offering scalable, reliable, and customizable AI solutions.
  • The platform has received positive feedback from early adopters and industry experts.
  • The India-based startup has expanded its product offering beyond niche industries to target a wider market.
  • Quatfit has secured partnerships with leading enterprises and institutions in India and abroad.
  • The company emphasizes the importance of staying agile and listening to users to provide real value to businesses.
  • Being nominated for HackerNoon’s Startups of The Year validates Quatfit's innovations and gives it an opportunity to showcase its innovations to a global audience.
  • Quatfit believes in harnessing the power of AI to empower businesses and enhance human potential.

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TechSpark

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Startup for 10: DigitalU3

  • DigitalU3 is a technology startup that delivers AI-enabled applications for various industries.
  • Their platform provides real-time predictive insights and automation to revolutionize operations.
  • They are proud of building a scalable platform that offers easy adoption and delivers tangible ROI.
  • The biggest challenge for them as a startup has been balancing rapid innovation with operational scale.

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TechRound

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Startups Changing the Tennis Industry

  • Tennis is still popular due to its accessibility and weather-proof nature.
  • While pickleball is gaining popularity, tennis remains popular.
  • Startups like SwingVision, Volley, STRIKECO, Tennibot, and RacketPal are revolutionizing the tennis industry.
  • These startups offer AI-powered apps, training machines, simulators, and community platforms to enhance tennis experiences.

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Yourstory

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Rapido partners with IndoFast Energy to roll out 10,000 swappable e-autos

  • Rapido has partnered with IndoFast Energy to roll out 10,000 swappable Piaggio e-autos across India in the next 24 months.
  • The partnership aims to add over 1,000 electric vehicles (EVs) to the country's public transport system by December this year.
  • Rapido and IndoFast Energy launched a pilot in Bengaluru, Hyderabad, and Delhi in 2023 to integrate swappable battery technology into Rapido's platform.
  • Over 100 battery swap stations have been set up in Hyderabad and Bengaluru, helping auto captains reduce downtime.

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Yourstory

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Why SingleStore is the ideal choice for real-time analytics and applications

  • SingleStore is the world's fastest distributed SQL database for real-time analytical applications.
  • The Leaders Exchange event highlighted the success stories of SingleStore in supporting real-time AI and analytics.
  • Case studies from factors.ai, HPCL, BharatPe, and Freshworks showcased the benefits of leveraging SingleStore for growth and decision-making.
  • Companies like Freshworks are focused on innovating with GenAI and revolutionizing customer experience through agentic actions.

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Inc42

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Zomato Hikes Platform Fee To INR 10 Amid Festive Rush

  • Foodtech major Zomato hikes its platform fee to INR 10 ahead of the festive season.
  • The fee has increased by 400% since it was introduced at INR 2 last August.
  • Zomato stated that the fee helps them pay their bills and maintain services during the festive season.
  • Zomato collected INR 83 Cr through the platform fee till March this year.

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Inc42

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DroneAcharya To Bring EU Defence Drone Tech To India

  • Indian defence tech startup DroneAcharya has secured a contract from Krattworks to produce and distribute the Estonia-based company’s defence drone products in India.
  • Krattworks offers advanced drone solutions, including jamming-resistant intelligence, surveillance, and reconnaissance (ISR) drones.
  • The addition of Krattworks’ drones will enhance DroneAcharya's capabilities in providing advanced drone technology to the Indian defence forces.
  • DroneAcharya aims to achieve 200% growth in revenue by FY25 and plans to increase the number of DGCA certified drone pilot training centres.

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Eu-Startups

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German climate tech autarkize raises €2.3 million to drive sustainable energy transition

  • German climate tech startup autarkize has raised €2.3 million in seed funding.
  • The funding will be used to accelerate expansion in biogas technology and heat and steam production.
  • autarkize converts biogenic residues into renewable gas and biochar to decarbonize industrial processes.
  • The startup's standardized containerized systems can integrate with existing biogas plants and provide solutions for decarbonizing heat.

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Yourstory

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Zomato hikes platform fee to Rs 10 during festive season

  • Zomato has hiked its platform fee in the range of Rs 8 to Rs 10 per order during the festive season.
  • The increase is aimed at capitalizing on higher demand during the festive season.
  • This comes after Zomato filed its second-quarter results and approved a plan to raise $1 billion.
  • Last year, Zomato raised the platform fee to Rs 9 on New Year's Eve as a one-off hike.

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Startup Pedia

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Hyderabad Startup Helps Indian Middle-class Co-Own Property; Clocks Rs 40 Cr

  • Fracspace, a Hyderabad-based property tech startup, is allowing middle-class people to co-own a property and reap the benefits of real estate returns.
  • Fracspace offers properties for co-ownership in 15+ locations like Goa, Munnar, Hyderabad, Kerala, Bali, Dubai, and the USA, including holiday homes, resorts, and even rental apartments.
  • Unnath Reddy founded Fracspace in 2022 with a minimum investment of Rupees 10 lakhs and a stable annual return of 8% being offered.
  • Fracspace is making a fast growth as a co-ownership platform, projected a revenue of Rs 100 crore in FY25.
  • This hyderabad-based startup is offering complete transparency when it comes to invoices, guest bookings, and bills, which are communicated through WhatsApp groups of each property co-owner.
  • Fracpsace application has diversified services including buying, selling, and renting properties, interior consultation, property management, housekeeping, and more.
  • The startup is working towards becoming a travel and accommodation aggregator, and by the end of 2025, it also wants to cater to B2B audiences by providing SaaS services.
  • The founder, Unnath Reddy, and his team are shifting to a resort-type office as they are aiming for more growth.
  • With a turnover of Rs 40 crore in FY24, Fracspace was launched to make luxury accessible to the Indian middle class regarding passive income and ownership.
  • Fractional ownership was not a trending concept when Fracspace started, but it took extra effort for Unnath Reddy to get investors and make potential customers aware of the use-case of co-ownership.

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Siliconcanals

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Berlin-based Dunia Innovations raises €10.6M from Elaia, redalpine, and others: An exclusive interview with Alexander Hammer,  CEO, and Co-founder

  • Berlin-based Dunia Innovations, a deep tech startup specialised in AI-driven materials discovery, announced that it has secured $11.5M (approximately €10.6M) in a funding round.
  • The funding round was co-led by Elaia and redalpine.
  • The company uses advanced technology (AI x Robotics) to speed up the discovery of new materials.
  • The main aim of the company is to decarbonise the chemical industry and develop breakthrough technologies for a cleaner future.
  • The solution to the problem of gap between AI-designed materials and their practical application is the company’s proprietary self-driving labs, which automate the synthesis and testing process.
  • Dunia's platform focuses on electrocatalysts for generating green hydrogen, ammonia, and converting CO2 into advanced chemical products.
  • Industries reliant on advanced materials can leverage the company's technology to develop more efficient and sustainable products.
  • The key to scaling AI and robotics in the chemical industry lies in the people.
  • The founding team consists of scientists and engineers with deep expertise in chemistry, machine learning, and robotics.
  • Over the past two years, the company has validated its technology in a proof-of-concept on accelerated electrocatalyst ink formulation where the platform outperformed human researchers in both speed and performance.

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Eu-Startups

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London-based Keel secures €5.5 million to empower operators to become more technical

  • London-based startup Keel has raised €5.5 million in seed funding.
  • Keel aims to empower operators by providing a user-friendly platform for building custom operational software.
  • The platform bridges the gap between no-code solutions and traditional ERP systems.
  • Keel allows businesses to sequentially adopt solutions and offers backend engine, API-first solutions, and auto-generated admin tools.

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VIE Stories

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The Psychological Impacts An Athens Car Accident Survivor Has to Go Through

  • A car accident can be a traumatic experience for anyone involved. It’s an unexpected event that can cause physical, emotional, and financial harm. Beyond these tangible consequences, there are also psychological impacts that may arise from such an incident.
  • These psychological impacts could lead to Post-Traumatic Stress Disorder (PTSD), anxiety and panic attacks, nightmares, fear of driving or riding in a car among other symptoms.
  • Around 39.2% of people who survive a car accident develop PTSD, so it is crucial for survivors to seek help from a professional therapist or support group.
  • Anxiety, depression and mood swings can also be triggered by a car accident which can impact a person’s daily life and work performance.
  • Flashbacks, nightmares and distressing thoughts are common symptoms of PTSD.
  • After experiencing a car accident, many people may develop a fear of driving or riding in a car again.
  • To cope with these psychological impacts, it’s essential to prioritize mental health and seek necessary help, join support groups, practice self-care techniques, take breaks if needed and remain patient and kind to oneself.
  • An Athens car accident lawyer stresses the importance of understanding the psychological impacts suffered by car accident survivors in this guide.
  • It is possible to overcome these effects with guidance, support and proper coping strategies to move forward towards healing and recovery.
  • Seek the help you need to address psychological impacts of a car accident and remember to prioritize your mental and physical health always.

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Siliconcanals

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French fantasy tennis platform Fungiball secures €2.2M funding: An exclusive interview with  Jean Matias CEO and founder

  • Fantasy tennis platform Fungiball, based in Paris, has announced it raised €2.2m in a pre-seed funding round with support from private investors including Adrien Dassault, alongside participation from Cliff Capital and BPI France.
  • Funds will be used to grow the tech team to scale the platform, develop new features and expand internationally, starting with North America, Europe, and Asia.
  • Besides funding, Fungiball also announced the appointment of two tennis superstars — Daniil Medvedev and Alexander Zverev, as official ambassadors.
  • Fungiball Tennis provides fans with an interactive, immersive experience where they can build their dream teams, trade players and earn rewards.
  • Distributed player cards can be traded on a secondary trading market along with an auction system, which creates additional revenue streams for the Fungiball brand.
  • The company has established more than 5,000 registered users since its January 2021 launch.
  • Fungiball addresses the challenge of creating a fantasy sports platform for tennis, considering the difficulty in obtaining licensing from players and tennis bodies.
  • Co-founder Jean Matias announced the firm also has a partnership with France’s iconic Le Coq Sportif sports retailer.
  • Establishing partnerships and obtaining licensing from players and tennis bodies was crucial to our success but required time and careful negotiation,” he says.
  • Fungiball offers a solution that benefits both established stars and emerging talent by offering opportunities to earn based on performance and popularity.

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