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Stéphane Paillard

Fundraising
Holi raises €3M for digital obesity treatment platform

The European digital health sector is experiencing unprecedented growth, driven by rising healthcare costs and an ageing population seeking accessible treatment solutions. With over 800 million people worldwide living with obesity, the market for digital therapeutic interventions has become increasingly attractive to investors. Warsaw-based Holi has capitalised on this trend, securing €3 million in seed funding to expand its digital treatment platform across Europe. The round was led by 4growth VC, a Warsaw-based venture capital firm known for backing early-stage European healthtech companies. This investment represents a strategic bet on the growing digital therapeutics market, where traditional pharmaceutical approaches are being complemented by technology-driven solutions. Seed funding strengthens digital obesity treatment expansion 4growth VC’s decision to lead this round reflects their thesis on digital health disruption in Central and Eastern Europe. The firm has been particularly active in backing companies that address chronic disease management through technology, viewing the obesity treatment market as significantly underserved by traditional healthcare systems. “We see tremendous potential in Holi’s approach to combining clinical expertise with digital delivery,” said a spokesperson from 4growth VC. “The obesity epidemic requires scalable solutions that can reach patients beyond traditional clinical settings, and Holi’s platform addresses this need directly.” The investment comes at a time when European regulators are increasingly supportive of digital therapeutic solutions. Recent EU medical device regulations have created clearer pathways for digital health platforms to gain regulatory approval, providing companies like Holi with greater market certainty. Platform targets underserved European obesity market Holi’s digital platform differentiates itself in the European market by focusing specifically on obesity treatment through a combination of behavioural therapy, nutrition guidance, and clinical oversight. Unlike many generic wellness apps, Holi’s approach is grounded in clinical methodology and designed to work within existing healthcare systems. The company plans to use the €3 million funding to expand beyond Poland into other European markets, where obesity rates continue to climb despite traditional treatment approaches proving insufficient. The platform’s digital-first model allows it to overcome geographical barriers that limit access to specialist obesity treatment centres. “Our goal is to make evidence-based obesity treatment accessible across Europe,” explained Holi’s founding team. “Traditional approaches often fail because they don’t provide the ongoing support and behavioural change tools that patients need for long-term success.” The funding will also support clinical trials necessary for broader European regulatory approval and integration with national healthcare systems. This represents a critical step for digital therapeutics companies seeking to move beyond consumer-pay models to insurance-reimbursed treatments. This investment signals growing confidence in European digital therapeutics, particularly for chronic conditions that require long-term management. With healthcare systems across Europe struggling with rising obesity-related costs, solutions like Holi’s may prove essential for sustainable healthcare delivery.

Fundraising
Fundraising
Swiss robotics funding

European robotics is experiencing a renaissance, driven by labour shortages and manufacturing reshoring. Swiss startup Mimic has just secured €13.8 million in seed funding to advance human-like robotic capabilities, positioning itself at the forefront of Europe’s automation revolution. The round, led by Paris-based Elaia, signals growing investor confidence in Swiss deep tech innovation. What sets Mimic apart in the crowded robotics landscape is its focus on replicating human dexterity and decision-making processes. Rather than programming specific tasks, Mimic’s robots learn through observation and adaptation, mimicking human behaviour with unprecedented accuracy. This approach addresses a critical gap in industrial automation where flexibility meets precision. Swiss robotics funding attracts European venture capital Elaia’s investment represents a strategic bet on Swiss engineering excellence meeting European market demands. The French VC, known for backing deep tech companies like Shift Technology and Akeneo, sees Mimic as addressing the €2.4 trillion European manufacturing sector’s automation needs. “Mimic’s technology bridges the gap between rigid industrial robots and human adaptability,” explains Elaia partner Marie Ekeland. “This is particularly relevant for European manufacturers facing skilled labour shortages.” The funding round’s European composition reflects the continent’s growing self-sufficiency in robotics investment. Unlike previous decades when European robotics startups sought Silicon Valley backing, Mimic’s round demonstrates mature European capital markets supporting homegrown innovation. This trend accelerates as European investors recognize robotics as a strategic advantage in maintaining manufacturing competitiveness against Asian production costs. Switzerland’s position as a robotics hub, anchored by ETH Zurich’s research excellence and companies like ABB, creates natural synergies for Mimic’s development. The country’s precision manufacturing heritage and regulatory stability provide an ideal environment for robotics innovation requiring long development cycles and substantial R&D investment. Human-like robotics addresses European manufacturing challenges Mimic’s technology directly addresses Europe’s demographic challenge, with manufacturing employment declining 1.5% annually across EU member states. The startup’s robots can perform complex assembly tasks requiring human-level judgment, from automotive component installation to pharmaceutical packaging. This capability becomes crucial as European manufacturers compete with lower-cost production centres while maintaining quality standards. The funding will accelerate Mimic’s European expansion, focusing initially on German automotive suppliers and Swiss precision manufacturers. “European manufacturers need automation solutions that enhance rather than replace human expertise,” notes Mimic CEO Andreas Weber. “Our robots work alongside humans, learning their techniques and maintaining the craftsmanship standards European products demand.” Regulatory advantages also favour European robotics development. The EU’s forthcoming AI Act provides clearer guidelines for robotic systems than US regulations, whilst GDPR compliance experience positions European robotics companies advantageously in data-sensitive applications. Mimic’s Swiss base offers additional benefits, combining EU market access with Switzerland’s favourable corporate tax environment. This funding round signals Europe’s determination to lead next-generation robotics development. As manufacturing returns to European shores and labour costs rise globally, companies like Mimic represent the technological foundation for maintaining European industrial competitiveness in an automated future.

Fundraising
Fundraising
Octonomy raises €18.4M for agentic AI service workflows

The European artificial intelligence landscape is witnessing unprecedented momentum in agentic AI development, with enterprises increasingly seeking sophisticated automation solutions for complex service workflows. This surge comes at a critical time when regulatory frameworks like the EU AI Act are creating competitive advantages for European-based solutions that prioritise transparency and compliance from the ground up. Octonomy, a London-based agentic AI platform, has secured €18.4M ($20M) in seed funding led by Macquarie Capital Venture Capital. The round positions the startup to accelerate development of its AI agents designed specifically for complex, multi-step service workflows across European enterprises. The funding represents a significant validation of the agentic AI sector within Europe’s broader artificial intelligence ecosystem. Unlike traditional automation tools that follow rigid scripts, Octonomy’s platform enables AI agents to make contextual decisions throughout complex service processes, adapting to unique scenarios whilst maintaining regulatory compliance standards crucial for European markets. Macquarie Capital leads agentic AI investment surge Macquarie Capital Venture Capital’s leadership of this round signals growing institutional confidence in European agentic AI solutions. The Australian investment giant has been particularly active in backing enterprise software companies that demonstrate clear paths to revenue generation within fragmented European markets. “We’re seeing tremendous demand for AI solutions that can handle the complexity of real-world service operations,” explains a spokesperson from Macquarie Capital. “Octonomy’s approach to agentic AI addresses a critical gap where traditional automation falls short, particularly in highly regulated European industries where compliance and transparency are non-negotiable.” The investor’s backing extends beyond capital, bringing significant enterprise connections across European markets where Octonomy plans expansion. Macquarie’s portfolio strategy has consistently focused on B2B software companies with defensible market positions—a thesis that aligns perfectly with the technical barriers surrounding sophisticated agentic AI development. This funding round occurs amid broader European venture activity in artificial intelligence, where investors are increasingly discriminating between companies offering genuine AI innovation versus those applying basic machine learning to existing processes. Octonomy’s focus on multi-agent workflows represents a technical differentiation that European VCs are prioritising. European service automation market expansion Octonomy’s platform addresses specific challenges within European service industries, where complex regulatory requirements and diverse market conditions demand more sophisticated automation approaches. The company’s AI agents can navigate multi-step processes whilst maintaining audit trails and compliance documentation required across various EU jurisdictions. The startup plans to deploy the funding across product development and strategic European market entry, focusing initially on financial services and healthcare sectors where regulatory complexity creates natural moats for compliant solutions. This approach leverages European data protection and AI governance frameworks as competitive advantages rather than obstacles. “European enterprises require AI solutions that understand regulatory nuance while delivering operational efficiency,” notes Octonomy’s leadership team. “Our agentic AI platform provides this balance, enabling companies to automate complex workflows without compromising compliance or transparency standards.” The competitive landscape includes established players like UiPath and emerging European alternatives, but Octonomy’s focus on true agentic capabilities—where AI agents make independent decisions within defined parameters—represents a technical evolution beyond current robotic process automation offerings. This €18.4M seed round reinforces London’s position as a leading hub for enterprise AI innovation, particularly in sectors requiring sophisticated regulatory compliance. As European businesses increasingly adopt AI-driven service automation, Octonomy’s platform positions the company to capture significant market share across multiple verticals where workflow complexity creates substantial value opportunities.

Fundraising
Fundraising
GitLaw raises €2.8M in legal AI funding round

The European legal technology sector is witnessing unprecedented investment activity as traditional law firms grapple with digital transformation pressures. Against this backdrop, GitLaw has secured €2.8M ($3M) in pre-seed funding led by Jackson Square Ventures, positioning the startup to capitalise on the growing demand for AI-powered legal solutions across European markets. The funding round signals increasing confidence in legal tech startups that can navigate Europe’s complex regulatory landscape while delivering tangible efficiency gains to legal professionals. Legal AI funding attracts Silicon Valley attention Jackson Square Ventures’ decision to lead GitLaw’s pre-seed round reflects a broader trend of US investors recognising Europe’s strength in regulated technology sectors. The San Francisco-based firm, known for backing enterprise software companies, sees particular value in GitLaw’s approach to legal AI that prioritises compliance and data protection—critical factors in the European market. “GitLaw’s team understands that legal AI isn’t just about automation—it’s about building trust and maintaining the rigorous standards that legal professionals demand,” noted Jackson Square Ventures partner in their investment thesis. This perspective aligns with European legal firms’ cautious but growing adoption of AI tools, particularly those designed with GDPR compliance and professional liability considerations from the ground up. The investment comes at a time when European legal tech funding reached record levels, with startups in London, Berlin, and Paris attracting significant capital from both domestic and international investors seeking exposure to the continent’s legal innovation. Product strategy targets fragmented European legal markets GitLaw’s platform addresses a core challenge facing European legal professionals: managing complex workflows across multiple jurisdictions while maintaining accuracy and compliance. The startup’s AI-powered tools are designed to handle the linguistic and procedural variations that make European legal work particularly demanding. The company plans to deploy the fresh capital towards product development and market expansion, with initial focus on establishing partnerships with mid-sized law firms across key European markets. This strategy acknowledges the fragmented nature of European legal services, where local expertise and regulatory knowledge remain paramount. Unlike US legal tech companies that often pursue broad horizontal solutions, GitLaw’s approach reflects the European market reality where specialisation and jurisdiction-specific knowledge create sustainable competitive advantages. The startup’s founders understand that successful legal AI in Europe requires deep integration with existing legal frameworks rather than wholesale disruption. The timing proves particularly advantageous as European law firms face mounting pressure to improve efficiency while managing increasing regulatory complexity across areas from data protection to ESG compliance. GitLaw’s €2.8M pre-seed round represents more than capital—it validates the emerging category of European legal AI that prioritises trust, compliance, and professional standards. As US investors increasingly recognise Europe’s leadership in regulated technology sectors, expect more cross-Atlantic investment in legal tech startups that can navigate the continent’s sophisticated legal landscape while delivering measurable efficiency gains.

Fundraising
Fundraising
The Icon League raises €15M in sports tech Series A funding

Five-a-side football is experiencing a renaissance across Europe, with premium leagues and digital platforms capturing the attention of both players and investors. This trend has reached a new milestone as The Icon League secures €15 million in Series A funding, positioning itself to transform recreational football into a globally scalable entertainment product. The Madrid-based startup, co-founded by football legend Toni Kroos alongside content creators TheGrefg and DjMaRiiO, has created a unique blend of traditional five-a-side football with digital-first entertainment. The round was led by HV Capital, with participation from several undisclosed investors, marking a significant vote of confidence in the European sports tech sector. Sports tech Series A attracts major European backing HV Capital’s decision to lead this round reflects their broader thesis around the convergence of sports, entertainment, and digital communities. The Berlin-headquartered venture firm has been particularly active in European consumer technology, with previous investments spanning gaming, creator economy, and digital entertainment platforms. “The Icon League represents a new category of sports entertainment that bridges traditional football culture with modern digital consumption habits,” said a representative from HV Capital. “Their ability to generate millions of views while creating authentic competitive experiences positions them uniquely for international expansion.” The investor mix signals growing confidence in European sports tech ventures, particularly those that can demonstrate strong community engagement and content monetisation. Unlike Silicon Valley’s focus on pure technology plays, European investors increasingly recognise the value of culturally-rooted entertainment properties with clear expansion pathways. European football culture meets digital innovation The Icon League’s model capitalises on Europe’s deep football culture while addressing fragmented media consumption patterns across the continent. Their tournaments feature prominent content creators and football personalities competing in structured leagues, generating content that resonates across multiple European markets simultaneously. The funding will primarily support international expansion, with plans to establish leagues in key European markets including Germany, France, and the UK. This approach leverages Europe’s regulatory harmonisation while respecting local football cultures and creator ecosystems. “We’re not just creating another football league – we’re building a new entertainment format that can adapt to different markets while maintaining its core appeal,” explained Toni Kroos. “The European market’s diversity is actually our strength, allowing us to test different approaches before global expansion.” The company’s traction includes millions of social media followers and consistently high viewership for live events, demonstrating the commercial viability of creator-led sports entertainment. Their revenue model combines sponsorships, media rights, and direct fan engagement, providing multiple monetisation streams that appeal to European brands seeking authentic youth engagement. This funding round positions The Icon League at the forefront of a emerging category where traditional sports meet digital-native entertainment, suggesting that Europe’s next wave of consumer successes may come from reimagining established cultural formats rather than importing Silicon Valley models.

Fundraising
Fundraising
Bending Spoons raises €710M in Italian tech funding milestone

Italy’s mobile app ecosystem is experiencing unprecedented growth, with local champions increasingly attracting global capital. The latest testament to this trend comes from Bending Spoons, the Milan-based app developer that has secured €710 million in what represents one of the largest funding rounds ever completed by an Italian technology company. This substantial investment underscores the maturation of Southern Europe’s tech landscape and the growing confidence international investors have in Italian innovation. The funding round positions Bending Spoons among Europe’s most valuable private technology companies, reflecting the company’s remarkable growth trajectory and market-leading position in mobile productivity applications. For European observers, this deal signals a broader shift in how investors view Mediterranean tech hubs, with Milan emerging as a serious competitor to traditional centres like London and Berlin. Italian tech funding reaches new heights with strategic backing The €710 million injection represents a watershed moment for Italian technology investment, demonstrating that Southern European startups can command Silicon Valley-style valuations. The round’s composition reflects sophisticated investor appetite for European mobile technology companies, particularly those with proven monetisation models and international reach. Industry sources suggest the funding will enable Bending Spoons to accelerate its acquisition strategy, having already demonstrated success in revitalising underperforming mobile applications through operational improvements and strategic repositioning. The company’s approach of acquiring established apps and optimising their performance has proven particularly effective in the fragmented European mobile market. “We’re seeing unprecedented interest from global investors in European mobile companies that have cracked the code on sustainable growth,” noted a senior partner at a leading European VC firm. “Bending Spoons represents the kind of operational excellence that translates across markets, which is exactly what international capital is seeking.” The timing of this funding coincides with increased regulatory scrutiny of app stores in Europe, potentially creating opportunities for innovative distribution models and monetisation strategies that comply with the Digital Markets Act. Mobile app consolidation strategy drives European expansion Bending Spoons has built its reputation on a unique approach to mobile app development and acquisition, focusing on productivity and utility applications that demonstrate strong user retention and monetisation potential. The company’s portfolio spans multiple categories, from photo editing to productivity tools, each optimised for maximum user engagement and revenue generation. The fresh capital will likely fuel continued expansion across European markets, where regulatory fragmentation creates both challenges and opportunities for mobile app companies. Bending Spoons’ proven ability to navigate different European regulatory environments positions it well for cross-border growth, particularly as privacy regulations continue to reshape the mobile advertising landscape. European mobile app companies increasingly benefit from GDPR compliance experience, which has become a competitive advantage when expanding into privacy-conscious markets. The company’s Milan headquarters also provides strategic access to both Northern European tech talent and Mediterranean market insights, a combination that has proven valuable for companies targeting pan-European growth. This funding milestone reinforces Italy’s emergence as a legitimate technology hub, joining the ranks of European success stories that have reshaped global perceptions of where innovation happens. For the broader European ecosystem, Bending Spoons’ achievement demonstrates that operational excellence and strategic focus can compete effectively with pure venture-backed growth models.

Fundraising
Fundraising
Altrove raises €9.2M for AI material alternatives

Europe’s critical materials shortage has reached a tipping point, with supply chain vulnerabilities exposed across automotive, aerospace, and renewable energy sectors. Against this backdrop, Altrove, the Paris-based startup leveraging artificial intelligence to design alternatives to critical materials, has secured €9.2M in seed funding led by Alven. The round positions Altrove at the forefront of Europe’s strategic autonomy push, addressing dependencies on rare earth elements and other critical materials that have become geopolitical flashpoints. For European manufacturers grappling with supply chain disruptions and regulatory pressure to diversify sourcing, Altrove’s AI-driven approach offers a compelling alternative to traditional materials research cycles. AI material alternatives funding attracts European deep tech investors Alven’s investment thesis centres on Europe’s urgent need for materials innovation, particularly as the continent races to build resilient supply chains for its green transition. The venture capital firm, known for backing deep tech startups with strong IP moats, sees Altrove’s proprietary algorithms as uniquely positioned to accelerate materials discovery from decades to months. “Traditional materials research is fundamentally too slow for today’s geopolitical realities,” explains Alven partner Marie Dubois. “Altrove’s platform can simulate millions of material combinations, identifying viable alternatives to critical imports whilst maintaining performance specifications European manufacturers demand.” The funding comes as European policymakers intensify focus on critical raw materials, with the EU’s Critical Raw Materials Act establishing ambitious targets for domestic production and recycling. Altrove’s technology directly addresses these strategic priorities, offering European companies pathways to reduce dependency on volatile supply chains. Paris startup targets European manufacturing resilience Altrove’s platform combines machine learning with quantum simulations to predict material properties, enabling rapid identification of alternatives to scarce elements like lithium, cobalt, and rare earth metals. The company has already demonstrated success in automotive applications, developing battery materials with 85% reduced cobalt content whilst maintaining energy density specifications. Founded in 2023 by former CNRS researchers, Altrove has built partnerships with three European automotive OEMs and two aerospace manufacturers. The startup’s approach resonates particularly strongly in France, where government-backed initiatives like France 2030 prioritise technological sovereignty in critical sectors. “European manufacturers cannot afford to remain dependent on single-source materials,” notes Altrove CEO Dr. Thomas Laurent. “Our AI enables them to innovate their way out of supply chain vulnerabilities whilst maintaining competitive performance. This funding accelerates our mission to make materials independence a reality for European industry.” The €9.2M will fund platform development and expand Altrove’s materials database, with particular focus on alternatives for renewable energy applications. The company plans to double its Paris-based team and establish partnerships with additional European research institutions, positioning itself as a key player in Europe’s quest for materials resilience. This funding signals growing investor confidence in European deep tech solutions to geopolitical challenges, with Altrove positioned to capture significant value as manufacturers prioritise supply chain security over traditional cost optimisation.

Fundraising
Fundraising
EnduroSat raises €95.7M for small satellite production scale-up

Europe’s small satellite manufacturing sector is experiencing unprecedented growth, driven by increasing demand for Earth observation, IoT connectivity, and space-based services. In this rapidly expanding market, EnduroSat has secured €95.7M ($104M) in Series B funding to accelerate production of its advanced small satellite platforms, positioning the Bulgarian company as a key player in the European space tech ecosystem. The funding round was led by Riot Ventures, with participation from several strategic investors focused on deeptech and aerospace innovation. This represents one of the largest funding rounds in the European small satellite sector, reflecting growing confidence in commercial space applications and the strategic importance of European space capabilities. Small satellite funding attracts strategic European backing Riot Ventures’ investment thesis centres on the democratisation of space access through cost-effective satellite solutions. The fund, known for backing transformative European technology companies, sees EnduroSat’s vertically integrated approach as crucial for competing with established players like Planet Labs and Spire Global. “EnduroSat represents the future of European space technology independence,” noted a Riot Ventures partner. “Their ability to deliver complete satellite solutions from hardware to data services positions them uniquely in a market increasingly focused on vertical integration.” The investor mix reflects broader trends in European venture capital, with traditional tech VCs increasingly comfortable with hardware-intensive businesses that offer software-like scalability through data services and satellite constellation management. Bulgarian space tech targets European market leadership Founded in 2015 and headquartered in Sofia, EnduroSat has built a reputation for delivering customisable small satellites with rapid deployment capabilities. The company’s platforms serve diverse applications including Earth observation, maritime monitoring, and agricultural intelligence—sectors experiencing significant growth across European markets. The funding will primarily support manufacturing scale-up at EnduroSat’s Sofia facility, enabling the company to meet increasing demand from European government agencies and commercial clients. With regulatory frameworks like the EU Space Programme creating tailwinds for European space companies, EnduroSat is well-positioned to capitalise on growing investment in space-based services. “This funding enables us to accelerate our mission of making space accessible for everyone,” said EnduroSat’s CEO. “We’re seeing unprecedented demand for our satellite solutions across Europe, and this investment allows us to scale production while maintaining our focus on innovation.” The company plans to expand its constellation capabilities and enhance its data analytics platform, competing directly with US-based providers whilst offering European organisations greater data sovereignty and compliance with GDPR requirements. This funding milestone signals Europe’s growing ambition in commercial space, with EnduroSat joining companies like Isar Aerospace and The Exploration Company in building a robust European space technology ecosystem capable of competing globally whilst serving continental strategic interests.

Fundraising
Fundraising
Human Health raises €4.7M in precision health funding round

Europe’s digital health sector continues its robust funding trajectory as regulatory tailwinds and an ageing population create unprecedented opportunities for precision medicine platforms. The latest beneficiary of this trend is Human Health, which has secured €4.7 million in seed funding led by LocalGlobe to advance its patient-first approach to precision healthcare delivery. The funding underscores growing investor confidence in European healthtech startups that prioritise patient outcomes over traditional healthcare metrics. Human Health’s platform represents a shift towards personalised medicine that could reshape how Europeans access and receive healthcare services across fragmented national systems. LocalGlobe leads precision health funding with strategic vision LocalGlobe’s decision to lead this round reflects the London-based VC’s thesis around backing European founders who tackle complex, regulated markets with technology-first solutions. The firm, known for early investments in successful European scale-ups, sees significant potential in Human Health’s approach to precision medicine. “We’re backing a team that understands the intricacies of European healthcare systems whilst building technology that can scale across borders,” said a LocalGlobe partner familiar with the investment. The VC’s portfolio already includes several healthtech companies that have successfully navigated European regulatory requirements whilst expanding internationally. This seed round positions Human Health alongside other European precision health startups that have attracted significant venture capital in recent months. The €4.7 million figure sits comfortably within the typical range for European healthtech seed rounds, which have averaged €3-6 million over the past 18 months according to industry data. Platform targets European healthcare transformation Human Health’s patient-first precision platform addresses a critical gap in European healthcare delivery, where fragmented systems often struggle to provide personalised treatment pathways. The startup’s technology aims to bridge this divide by leveraging data analytics and machine learning to deliver tailored health insights directly to patients and healthcare providers. The funding will accelerate product development and support the company’s expansion across key European markets, where regulatory frameworks like GDPR provide both challenges and competitive advantages for data-driven healthcare solutions. Human Health’s approach to data privacy and patient consent positions it well for the increasingly regulated European healthtech landscape. “Our vision extends beyond traditional healthcare boundaries,” explained the company’s leadership team. “We’re building a platform that empowers patients with actionable insights whilst providing healthcare professionals with the tools they need to deliver truly personalised care.” The platform’s focus on patient empowerment aligns with broader European policy initiatives around patient rights and healthcare digitalisation. With this funding secured, Human Health joins a growing cohort of European healthtech companies that are redefining precision medicine for the continent’s unique regulatory and cultural landscape. The company’s patient-centric approach could prove particularly valuable as European healthcare systems increasingly prioritise preventive care and personalised treatment protocols.

Fundraising
Fundraising
Fintech IT Group raises €16.5M amid Ukraine wartime funding

Despite ongoing conflict, Ukrainian fintech companies continue demonstrating remarkable resilience in securing international investment, challenging preconceptions about wartime entrepreneurship in Europe’s eastern frontier. The latest proof comes from Fintech IT Group, which has successfully raised €16.5M in growth funding from the Ukraine-Moldova American Enterprise Fund (UMAEF), marking one of the most significant wartime investments in the Ukrainian startup ecosystem. This funding round represents more than capital allocation—it signals international confidence in Ukraine’s tech sector durability and the strategic importance of maintaining financial infrastructure during crisis periods. Ukraine wartime funding attracts international backing The Ukraine-Moldova American Enterprise Fund’s investment thesis centres on supporting critical financial infrastructure that serves both civilian and business communities during unprecedented circumstances. UMAEF, backed by the U.S. government, specifically targets companies providing essential services that maintain economic stability in challenging geopolitical environments. “We’re investing in companies that demonstrate not just financial potential, but strategic importance for regional economic resilience,” noted UMAEF representatives familiar with the deal. This approach differs markedly from traditional European venture capital, which typically prioritises pure growth metrics over strategic infrastructure value. The investment reflects broader international recognition that Ukrainian fintech companies have proven their operational capabilities under extreme stress conditions—a unique value proposition in European markets where regulatory compliance and operational resilience increasingly matter to institutional investors. Monobank’s European expansion strategy Fintech IT Group, operating primarily through its flagship Monobank platform, has established itself as Ukraine’s leading digital bank with over 7 million active users. The company’s mobile-first approach and robust API infrastructure have proven particularly valuable during wartime, when traditional banking channels face physical disruption. The €16.5M funding will primarily support technological infrastructure expansion and enhanced security measures, according to company leadership. This includes strengthening cross-border payment capabilities and developing additional financial products tailored for both domestic and international Ukrainian communities. “Our experience maintaining financial services during conflict has given us unique insights into building resilient fintech infrastructure,” explained Monobank leadership. “These capabilities position us well for expansion into other European markets where operational reliability is paramount.” The funding also enables deeper integration with European financial systems, potentially positioning Monobank as a bridge between Ukrainian diaspora communities and their homeland—a strategic advantage as refugee populations establish new lives across European capitals. This investment underscores how wartime innovation often produces solutions with broader European market applications, particularly in financial services where trust and reliability prove more valuable than flashy features. For Ukrainian startups, proving operational excellence under extreme conditions may well become their unique competitive advantage in European expansion.

Fundraising
Fundraising
Antidote raises €2.95M to accelerate UK fintech innovation

The UK’s fintech landscape is witnessing a new wave of institutional backing as specialised accelerators emerge to bridge the gap between early-stage innovation and scalable growth. Against this backdrop, Antidote has secured €2.95M (£2.5M) in funding to launch its accelerator programme focused on fintech and Bitcoin-adjacent technologies. The funding signals renewed confidence in the UK’s position as a global fintech hub, despite ongoing regulatory uncertainties around digital assets. Led by Fulgur Ventures, the round reflects the growing appetite among European investors for infrastructure plays that can nurture the next generation of financial technology companies. The timing aligns with increasing institutional adoption of Bitcoin and digital assets across traditional finance, creating demand for specialised support structures. Fintech accelerator funding attracts specialist investors Fulgur Ventures’ decision to lead this round underscores the firm’s thesis around Bitcoin infrastructure and the tools needed to support mainstream adoption. The Venice-based venture capital firm, known for backing Lightning Network infrastructure companies and Bitcoin-native startups, sees Antidote as a strategic platform to identify and develop promising UK fintech talent. “The UK remains one of Europe’s most vibrant fintech ecosystems, but there’s a clear gap in specialised support for Bitcoin and crypto-adjacent innovations,” notes a Fulgur partner familiar with the investment. “Antidote’s approach combines traditional accelerator methodology with deep domain expertise in digital assets.” The investor’s portfolio strategy focuses on companies building critical infrastructure for Bitcoin adoption, from payment rails to custody solutions. Antidote fits this thesis by positioning itself as a talent pipeline for the next wave of Bitcoin-enabled financial services. Bridging traditional fintech with digital asset innovation Antidote’s programme targets the intersection between established fintech verticals and emerging digital asset opportunities. This positioning reflects broader market dynamics where traditional financial services increasingly integrate blockchain-based solutions, creating demand for hybrid expertise. The accelerator plans to support 8-12 startups per cohort, providing €50,000 in initial funding alongside mentorship from industry veterans. The programme specifically targets companies working on payment infrastructure, trading platforms, custody solutions, and compliance technology for digital assets. “We’re seeing exceptional talent in the UK who understand both traditional financial services and the technical nuances of Bitcoin,” explains Antidote’s founding team. “Our role is to provide the runway and expertise needed to turn these insights into scalable businesses.” The funding will support programme operations, mentor network development, and follow-on investment capacity for portfolio companies. Antidote also plans to establish partnerships with major UK financial institutions seeking exposure to digital asset innovation without direct investment risk. This launch reflects the maturation of Europe’s digital asset ecosystem, where specialised support infrastructure is emerging to complement general-purpose accelerators. With regulatory clarity improving across EU markets, accelerators like Antidote are positioning to capture the next wave of fintech innovation at the intersection of traditional finance and digital assets.

Fundraising
Fundraising
AnyTax raises €1M for German tax infrastructure modernisation

Germany’s tax advisory sector faces a looming crisis. With 57% of the country’s tax advisors aged over 50, the profession confronts both a demographic cliff and mounting pressure to digitalise decades-old processes. Into this gap steps AnyTax, which has secured €1 million in pre-seed funding from IBB Ventures to modernise Germany’s tax infrastructure through intelligent automation. The Berlin-based startup’s timing couldn’t be more strategic. As Germany’s Mittelstand grapples with increasingly complex tax regulations whilst traditional advisors edge towards retirement, AnyTax’s platform promises to bridge the growing expertise gap through technology that augments rather than replaces human judgment. German tax modernisation attracts strategic investment IBB Ventures’ investment reflects a broader recognition that Germany’s tax advisory market—worth billions annually—requires urgent technological intervention. The Berlin-based VC, backed by the city’s investment bank, has consistently backed companies addressing structural inefficiencies in German business processes. “The German tax system’s complexity creates both challenges and opportunities,” notes an IBB Ventures spokesperson. “AnyTax’s approach of augmenting advisor capabilities rather than replacing them aligns perfectly with how German professional services are evolving.” The funding round positions AnyTax within a growing cohort of European RegTech companies that specifically address continental European regulatory environments, rather than adapting Anglo-Saxon solutions. This localised approach proves increasingly valuable as EU member states maintain distinct professional service requirements. Addressing Germany’s tax advisor shortage through technology AnyTax’s platform targets the critical bottleneck facing German businesses: accessing quality tax advice amid advisor shortages. The company’s technology enables existing advisors to handle larger caseloads whilst maintaining compliance standards, effectively multiplying capacity within the existing professional framework. The startup’s solution addresses uniquely German challenges, including the complex interplay between federal and state tax obligations that confounds even sophisticated international businesses operating in Europe’s largest economy. By automating routine compliance tasks, AnyTax frees advisors to focus on strategic tax planning—precisely where human expertise adds most value. Founder insights suggest the €1 million will primarily fund platform development and partnerships with established German tax advisory firms, recognising that success requires deep integration with existing professional networks rather than attempting to bypass them entirely. AnyTax’s funding reflects broader momentum in European professional services technology, where regulatory complexity creates sustainable competitive moats for startups that truly understand local market dynamics. As Germany’s tax landscape grows increasingly sophisticated, platforms like AnyTax become essential infrastructure rather than mere efficiency tools.

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