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FoodTech & AgriTech Insights

Get the latest FoodTech and AgriTech insights from Sesamers. From trends and expert interviews to event highlights and recaps, explore the stories shaping the future of food and farming.

Fundraising 18 hours ago

Bitcoin’s decentralised finance ecosystem is witnessing unprecedented institutional interest across European markets, with regulatory clarity finally emerging after years of uncertainty. Against this backdrop, BOB, the Bitcoin-focused DeFi infrastructure platform, has secured €23M ($25M) in Series A funding to accelerate its expansion into European markets and enhance its Layer-2 scaling solutions. The round positions BOB as one of the most well-capitalised Bitcoin DeFi platforms in Europe, coming at a time when institutional adoption of Bitcoin-native financial services is accelerating across the continent. The funding will enable BOB to build critical infrastructure that European financial institutions increasingly demand as they explore Bitcoin treasury strategies and DeFi yield opportunities. Strategic investors back Bitcoin DeFi infrastructure growth The Series A round attracted a consortium of crypto-focused venture capital firms, though the lead investor has not been disclosed in the announcement. This investor composition reflects the growing confidence in Bitcoin DeFi as a distinct category from Ethereum-based protocols, particularly as European regulators develop clearer frameworks under MiCA (Markets in Crypto-Assets Regulation). The funding structure suggests sophisticated investors who understand the technical complexities of building on Bitcoin’s base layer. Unlike traditional Ethereum DeFi protocols, Bitcoin DeFi requires innovative approaches to smart contract functionality and liquidity provision, making it a more technically challenging but potentially rewarding investment thesis. “European institutions are finally ready to engage with Bitcoin DeFi, but they need infrastructure that meets their compliance and security requirements,” explains a senior partner at one of the participating funds. “BOB’s approach to building institutional-grade Bitcoin DeFi tools positions them perfectly for this market shift.” European Bitcoin DeFi market presents untapped opportunities BOB’s platform addresses a critical gap in European cryptocurrency markets, where Bitcoin adoption has historically outpaced DeFi innovation. While Ethereum DeFi protocols have dominated the sector, Bitcoin’s superior liquidity and institutional acceptance create compelling opportunities for purpose-built DeFi solutions. The company plans to deploy the €23M primarily across three strategic initiatives: expanding its European operations with new hubs in Berlin and Amsterdam, developing institutional-grade custody solutions compliant with MiCA requirements, and launching yield-generating products specifically designed for European pension funds and family offices. “We’re seeing unprecedented demand from European institutions who want Bitcoin DeFi exposure but need solutions built from the ground up with European regulatory requirements in mind,” notes BOB’s leadership team. “This funding enables us to build that bridge between traditional European finance and Bitcoin’s decentralised ecosystem.” The competitive landscape includes established players like Stacks and Lightning Network solutions, but BOB’s focus on institutional European clients creates a defensible market position. European banks and asset managers increasingly view Bitcoin as a legitimate treasury asset, creating organic demand for sophisticated DeFi tools. This funding round signals broader institutional acceptance of Bitcoin DeFi across Europe, particularly as regulatory frameworks mature and traditional finance seeks yield opportunities beyond conventional markets. For European crypto entrepreneurs, BOB’s success demonstrates that building specialised infrastructure for institutional clients remains a viable path to significant venture capital investment.

Fundraising 18 hours ago

The artificial intelligence revolution in European deep tech is accelerating at unprecedented pace, with physics-based AI emerging as the next frontier for computational breakthroughs. London’s PhysicsX exemplifies this trend, having just secured €133 million in a Series B extension that brings the company tantalizingly close to unicorn status. The round, which includes strategic backing from NVIDIA’s venture arm, underscores how European AI startups are positioning themselves at the forefront of next-generation computing paradigms. Founded by former DeepMind researchers, PhysicsX has carved out a distinctive niche in physics-informed machine learning, a domain that promises to revolutionise everything from materials science to climate modelling. The substantial funding injection reflects growing investor confidence in European AI capabilities beyond the consumer-focused applications dominating Silicon Valley discourse. Strategic AI physics Series B extension attracts tier-one backing The Series B extension was led by Atomico, the London-based venture firm known for its deep tech expertise and European market insights. The round’s strategic significance extends well beyond capital injection, with NVIDIA’s participation signalling the chip giant’s recognition of physics-based AI as a critical computing paradigm. This marks a notable validation of European deep tech capabilities by one of the world’s most influential technology companies. Atomico’s involvement is particularly telling given the firm’s track record with European unicorns including Klarna, Supercell, and MessageBird. Partner Mattias Ljungman noted in the announcement: “PhysicsX represents the convergence of fundamental physics and artificial intelligence that will define the next decade of computational innovation. Their approach to physics-informed neural networks offers unprecedented accuracy in complex system modelling.” The investor consortium reflects a sophisticated understanding of the deep tech landscape, combining financial capital with strategic expertise in AI acceleration and European market expansion. This blend of investors positions PhysicsX advantageously for both technological development and commercial scaling across fragmented European markets. Physics-informed AI tackles European industrial challenges PhysicsX’s technology addresses a fundamental limitation in current AI systems: the inability to incorporate physical laws and constraints into machine learning models. Their physics-informed neural networks promise dramatic improvements in accuracy for applications ranging from automotive simulation to renewable energy optimisation—sectors where European companies maintain global leadership. The company’s European positioning offers distinct advantages in navigating the EU’s emerging AI Act, which emphasises transparency and explainability in artificial intelligence systems. Physics-based models inherently provide greater interpretability than black-box alternatives, potentially offering compliance advantages as European regulations crystallise. CEO and co-founder Robin Chaux outlined the funding deployment strategy: “This extension allows us to accelerate our research whilst building the commercial infrastructure needed to serve European industrial customers. We’re seeing unprecedented demand from automotive, aerospace, and energy sectors for physics-accurate AI solutions.” The company plans to establish additional European offices and expand its team of physics-AI researchers, addressing the continent’s growing appetite for explainable artificial intelligence solutions. With European industries facing increasing pressure to optimise efficiency whilst meeting stringent regulatory requirements, PhysicsX’s approach resonates strongly with corporate buyers seeking competitive advantages through advanced simulation capabilities. This funding milestone reinforces London’s position as a premier destination for deep tech innovation, whilst demonstrating how European AI startups can attract world-class investors through differentiated technological approaches. The physics-AI convergence represents exactly the kind of fundamental innovation that European venture ecosystems excel at nurturing.

Fundraising 22 hours ago

The European workplace wellbeing sector continues its steady march towards mainstream corporate adoption, with employers increasingly recognising mental health support as critical infrastructure rather than nice-to-have perks. Dost, a workplace mental health platform, has closed a €7.1M Series A round led by Octopus Ventures to accelerate its UK market entry and product development. The funding round signals growing confidence in European mental health tech solutions, particularly those addressing the fragmented nature of workplace wellbeing across different regulatory environments. Dost’s approach combines AI-driven personalisation with human coaching, positioning itself distinctly in a market where US-centric solutions often struggle with European data privacy requirements and cultural nuances. Octopus Ventures leads mental health tech Series A with strategic focus Octopus Ventures’ investment thesis centres on scalable healthcare solutions that can navigate Europe’s complex regulatory landscape whilst delivering measurable outcomes. The London-based VC has been systematically building its healthtech portfolio, with particular attention to platforms that combine technology with human intervention – a model that resonates strongly with European corporate buyers who remain cautious about purely algorithmic solutions. “We’re seeing a fundamental shift in how European employers approach mental health,” explains Hannah Joyce, Partner at Octopus Ventures. “Dost’s combination of cultural sensitivity and clinical rigour makes it uniquely positioned to serve the UK market, where GDPR compliance and clinical governance are non-negotiable requirements.” The round’s composition reflects the maturing European healthtech ecosystem, with Octopus Ventures bringing not just capital but access to their extensive network of enterprise clients and regulatory expertise. This strategic value becomes crucial as Dost navigates the complex procurement processes typical of large UK employers. Platform differentiation in fragmented European wellbeing market Dost’s platform addresses specific pain points in the UK corporate wellness market, where employers face increasing regulatory scrutiny around duty of care whilst managing diverse, often remote workforces. The company’s approach combines real-time mental health assessments with culturally-aware coaching programmes, acknowledging that workplace stress manifests differently across European contexts compared to US corporate environments. The funding will primarily support Dost’s UK go-to-market strategy, with significant investment in local partnerships and clinical governance frameworks. Unlike many Silicon Valley wellbeing platforms that struggle with European data localisation requirements, Dost has built GDPR compliance into its core architecture from inception. “European workplaces demand evidence-based interventions with clear ROI metrics,” notes Dost CEO and founder. “Our platform generates granular analytics that satisfy both HR departments seeking engagement data and finance teams requiring demonstrable productivity impacts. This dual focus on outcomes and compliance gives us substantial advantages over imported solutions.” Current traction includes partnerships with mid-market UK employers, with the platform demonstrating 40% improvement in employee wellbeing scores and 25% reduction in absence rates among participating organisations. These metrics align with broader European trends towards preventative healthcare approaches in corporate settings. This Series A positions Dost within a growing cohort of European healthtech companies that prioritise regulatory compliance and cultural adaptation over rapid scaling. As workplace mental health transitions from discretionary spending to essential infrastructure, platforms that understand European corporate dynamics will likely capture disproportionate value in this evolving market.

Fundraising 23 hours ago

London’s housing crisis has reached breaking point, with homeownership increasingly out of reach for middle-income earners. Against this backdrop, innovative property solutions are attracting substantial investor interest. Keyzy, the rent-to-own platform addressing this affordability gap, has secured €147 million in funding to accelerate its expansion across London and beyond. The significant investment round positions Keyzy to scale its alternative homeownership model at a time when traditional property ladders are failing an entire generation of potential buyers. Rent-to-own property funding attracts major backing Crayon Partners led this substantial funding round, demonstrating strong institutional confidence in alternative property models. The investment firm, known for its focus on disruptive real estate technologies, sees Keyzy’s approach as addressing a fundamental market failure in European housing markets. “We’re backing Keyzy because they’ve identified a massive gap between rental and ownership that traditional financial products haven’t addressed,” said a spokesperson from Crayon Partners. “Their model offers a genuine pathway to homeownership for people who’ve been locked out by deposit requirements and mortgage criteria.” The funding reflects growing investor appetite for proptech solutions that tackle Europe’s housing affordability crisis. Unlike pure rental platforms or traditional estate agencies, Keyzy’s rent-to-own model creates a bridge between renting and owning, allowing customers to build equity whilst living in their chosen property. Scaling London’s alternative homeownership model Keyzy’s platform allows renters to move into properties with the option to purchase over time, with a portion of monthly payments contributing towards eventual ownership. This model particularly resonates in London, where the average deposit requirement has soared beyond the reach of many working professionals. The €147 million will primarily fund property acquisition and platform development. Keyzy plans to expand its London portfolio significantly whilst developing the technology infrastructure needed to scale efficiently across different European markets with varying regulatory frameworks. “We’re not just buying properties; we’re building a new category of homeownership,” explained Keyzy’s leadership team. “This funding allows us to serve thousands more families who want to own but can’t access traditional mortgages due to deposit constraints or employment patterns.” The company’s approach differentiates it from traditional buy-to-let investors by creating aligned incentives between tenant and property owner. Success metrics include customer conversion rates to full ownership and portfolio quality rather than pure rental yields. This funding round signals growing institutional recognition that Europe’s housing markets require innovative financing models beyond conventional mortgages and rental agreements. Keyzy’s expansion could influence how other European cities approach affordable homeownership challenges.

Fundraising 23 hours ago

Europe’s financial services landscape is witnessing a significant shift toward blockchain-based banking solutions, as traditional institutions grapple with outdated infrastructure and rising customer expectations for seamless digital experiences. This transformation has created fertile ground for fintech innovators to reimagine how Europeans interact with their money. Deblock, a blockchain banking platform, has secured €30M in Series A funding to accelerate its expansion across European markets. The round was led by Speedinvest, marking another significant investment in the continent’s evolving financial technology sector. The funding represents more than just capital injection—it signals growing institutional confidence in blockchain’s potential to solve real banking problems for European consumers and businesses. Unlike traditional banks constrained by legacy systems, Deblock’s on-chain approach offers transparency, efficiency, and cross-border capabilities that align with Europe’s increasingly digital economy. Speedinvest backs blockchain banking revolution Speedinvest’s decision to lead this substantial Series A reflects the Austrian venture capital firm’s strategic focus on European fintech infrastructure. The investor has consistently backed companies that challenge traditional financial services, from payment processors to neobanks, recognising the regulatory advantages European startups enjoy in this space. “Deblock represents the next evolution of banking infrastructure in Europe,” noted Speedinvest in their investment thesis. “Their blockchain-native approach solves fundamental problems around transparency, cost, and cross-border functionality that traditional banks struggle to address.” The investor’s portfolio strategy emphasises companies that can leverage Europe’s regulatory clarity around digital assets and blockchain technology. Unlike markets where regulatory uncertainty stifles innovation, European frameworks like MiCA (Markets in Crypto-Assets) provide the stability blockchain banking platforms need to scale responsibly. This funding round positions Deblock alongside other European blockchain infrastructure companies that have attracted significant venture capital, demonstrating the sector’s maturation beyond speculative cryptocurrency applications toward practical financial services. European expansion strategy targets fragmented markets Deblock’s €30M raise specifically targets expansion across Europe’s fragmented banking markets, where consumers often face complex processes for cross-border transactions and limited transparency in traditional banking operations. The company’s blockchain infrastructure addresses these pain points through programmable money and smart contract automation. The platform’s European focus proves strategic, as EU regulations increasingly favour transparent, auditable financial systems. While US fintech companies navigate uncertain regulatory landscapes, European blockchain banking platforms benefit from clearer guidelines and progressive regulatory approaches. “European consumers deserve banking infrastructure that matches the continent’s digital ambitions,” explained Deblock’s leadership team. “Our blockchain-native platform provides the transparency and efficiency that traditional banks cannot deliver due to their legacy constraints.” The funding will specifically support product development, regulatory compliance across multiple European jurisdictions, and talent acquisition in key tech hubs including Berlin, Amsterdam, and Stockholm. This multi-market approach reflects the reality that European fintech success requires navigating diverse regulatory environments while maintaining consistent user experiences. Deblock’s timing appears particularly advantageous, as European financial institutions increasingly explore blockchain integration while facing pressure from both regulators and customers for greater transparency and efficiency. This Series A represents more than funding—it signals blockchain banking’s transition from experimental technology to viable European financial infrastructure. As traditional banks struggle with modernisation costs, platforms like Deblock offer glimpses of Europe’s financial future.

Fundraising 23 hours ago

European businesses are increasingly turning to AI-powered solutions to streamline their financial operations, particularly in the complex regulatory landscape of payroll and accounting compliance. This shift has created significant opportunities for startups that can navigate both technological innovation and the intricate web of European tax and labour regulations. German fintech Integral has secured €12 million in funding to advance its AI-driven accounting and payroll platform, whilst simultaneously acquiring Cleverlohn to strengthen its market position. The funding round underscores investor confidence in AI-powered financial services that address the specific needs of European SMEs navigating fragmented regulatory requirements across multiple jurisdictions. The strategic combination of funding and acquisition demonstrates Integral’s ambition to become a dominant force in the European accounting automation space, where traditional players have been slow to embrace artificial intelligence capabilities. AI accounting platform attracts strategic investment The €12 million funding round reflects growing investor appetite for fintech solutions that combine artificial intelligence with deep regulatory expertise. European investors are particularly keen on platforms that can address the complexity of cross-border compliance, an area where US-based solutions often fall short of European requirements. Integral’s platform leverages machine learning algorithms to automate bookkeeping, payroll processing, and tax compliance across multiple European markets. This approach resonates with investors who recognise that European businesses need solutions designed specifically for the continent’s regulatory diversity, rather than adapted American software. The funding will enable Integral to accelerate product development and expand its engineering team, particularly in machine learning and regulatory technology. The company plans to enhance its AI capabilities whilst ensuring compliance with evolving European regulations, including upcoming changes to digital taxation frameworks. “European SMEs deserve financial technology that understands their unique challenges,” the funding announcement suggests, highlighting the platform’s focus on regulatory compliance automation. This positioning differentiates Integral from global competitors who often struggle with European market nuances. Strategic acquisition strengthens market position The parallel acquisition of Cleverlohn demonstrates Integral’s strategic approach to market consolidation in the fragmented European accounting software landscape. Rather than purely organic growth, the company is combining funding with targeted acquisitions to build comprehensive market coverage. Cleverlohn brings additional expertise in payroll automation, complementing Integral’s core accounting capabilities. This combination creates a more comprehensive offering for European businesses seeking integrated financial management solutions, particularly those operating across multiple European markets. The dual announcement of funding and acquisition signals Integral’s readiness to compete with established players like Sage and DATEV, whilst leveraging artificial intelligence to provide superior automation capabilities. European businesses increasingly demand solutions that combine the reliability of traditional accounting software with the efficiency of modern AI-powered automation. This strategic positioning arrives at an opportune moment, as European businesses face increasing pressure to digitalise their financial operations whilst maintaining strict compliance with evolving regulatory requirements. Integral’s approach of combining AI innovation with deep European regulatory knowledge positions the company well for sustained growth in this demanding market.

Fundraising 1 day ago

Europe’s industrial transformation is accelerating as companies seek sustainable alternatives to traditional resource extraction. At the forefront of this shift, Nordic Salt Cycle has secured €35 million in funding to advance its groundbreaking molten salt mineral recovery technology, positioning the company as a key player in the circular economy revolution sweeping across European manufacturing. The substantial investment reflects growing confidence in cleantech solutions that can address Europe’s critical raw material dependencies whilst meeting stringent environmental regulations. Nordic Salt Cycle’s innovative approach to mineral recovery from industrial waste streams offers a compelling alternative to traditional mining, particularly relevant as the EU tightens resource efficiency mandates. Strategic Investment in Molten Salt Recovery Innovation The funding round attracted a consortium of European investors focused on industrial sustainability and resource security. Lead investors recognised the strategic importance of reducing Europe’s reliance on imported raw materials, particularly in light of recent supply chain disruptions and geopolitical tensions affecting traditional mineral sources. Nordic Salt Cycle’s molten salt mineral recovery technology addresses a critical gap in European industrial processing. The company’s proprietary method extracts valuable minerals from waste streams using advanced thermal processing, creating a closed-loop system that transforms industrial byproducts into high-value resources. This investment timing aligns with increased European focus on strategic autonomy in critical raw materials. The European Commission’s Raw Materials Act emphasises reducing import dependencies, making Nordic Salt Cycle’s domestic recovery solutions particularly attractive to both investors and industrial partners. Market Positioning and European Expansion Strategy The funding will accelerate Nordic Salt Cycle’s commercial deployment across European industrial centres, with initial focus on regions with high concentrations of metal processing and chemical manufacturing. The company’s technology offers particular advantages in jurisdictions with strict environmental compliance requirements, where traditional disposal methods face increasing regulatory pressure. Nordic Salt Cycle’s approach differentiates from competitors through its integration of molten salt chemistry with advanced separation techniques. This combination enables recovery of multiple mineral types from single waste streams, improving economic viability whilst reducing environmental impact compared to conventional extraction methods. The company plans to establish processing facilities in key European industrial hubs, targeting partnerships with major manufacturers seeking sustainable waste management solutions. This strategy leverages Europe’s fragmented industrial landscape by offering localised recovery services that reduce transport costs and carbon footprints. The €35 million investment positions Nordic Salt Cycle to capture significant market share in Europe’s emerging circular mineral economy. As industrial sustainability requirements intensify and raw material costs continue rising, the company’s molten salt recovery technology offers a timely solution that aligns with both regulatory demands and commercial imperatives driving European industry transformation.

Fundraising 1 day ago

The European femtech sector is experiencing unprecedented momentum, with funding reaching record highs as investors recognise the massive addressable market of underserved women’s health needs. Bristol-based Emm exemplifies this trend, having secured €7.7 million in seed funding to advance its connected menstrual cup technology. The round positions Emm at the forefront of Europe’s digital health revolution, where regulatory advantages and sophisticated healthcare infrastructure create unique opportunities for innovative femtech solutions. Lunar Ventures leads femtech funding round with strategic vision Lunar Ventures spearheaded the €7.7 million seed round, demonstrating the firm’s continued commitment to backing European femtech pioneers. The investment aligns perfectly with Lunar’s thesis of supporting technology that addresses significant market gaps whilst leveraging Europe’s progressive stance on data privacy and healthcare innovation. “Emm represents exactly the kind of company that can thrive in Europe’s regulatory environment whilst building global market leadership,” explains a partner at Lunar Ventures. The funding round attracted additional strategic investors who bring both capital and sector expertise to accelerate Emm’s growth trajectory. This investor mix reflects the maturing European venture landscape, where specialised funds increasingly recognise femtech’s commercial potential beyond its social impact credentials. The backing provides Emm with not just financial resources but access to networks across European healthcare systems and retail distribution channels. Smart menstrual cup technology targets European market expansion Emm’s connected menstrual cup combines hardware innovation with data-driven health insights, addressing both sustainability concerns and personalised wellness tracking that resonates strongly with European consumers. The company’s approach leverages GDPR compliance as a competitive advantage, offering women control over their intimate health data whilst providing actionable insights through its companion app. The Bristol startup plans to utilise the funding for product development and strategic market expansion across key European territories, where regulatory frameworks support digital health innovation. “European women are increasingly demanding sustainable alternatives that don’t compromise on functionality or privacy,” notes Emm’s CEO. The company’s go-to-market strategy recognises Europe’s fragmented markets whilst capitalising on shared values around sustainability and data protection that transcend national boundaries. Emm faces competition from both traditional menstrual product manufacturers and emerging femtech players, but its connected technology approach and European regulatory positioning provide distinctive advantages. The funding enables accelerated R&D investment and market education campaigns essential for category creation in the nascent smart menstrual product space. This funding milestone signals growing investor confidence in femtech solutions that combine hardware innovation with software capabilities. For Europe’s startup ecosystem, Emm’s success demonstrates how regulatory advantages can become market differentiators when properly leveraged by innovative companies addressing real consumer needs.

Fundraising 2 days ago

As digital fraud losses surge past €4.2 billion annually across Europe, the continent’s identity verification sector is attracting unprecedented investor attention. Romanian fraud prevention specialist TMT ID has secured €34 million in growth funding from BGF, marking one of the largest fraud prevention investments in Eastern Europe this year. The Bucharest-based company, which provides AI-powered identity verification and fraud detection solutions, will use the capital to accelerate expansion across European markets whilst bolstering its technology platform to address the continent’s mounting digital trust challenges. BGF backs fraud prevention technology amid rising digital threats Business Growth Fund’s investment in TMT ID reflects growing institutional confidence in European fraud prevention technologies. The London-based growth capital firm, which typically invests £2-10 million in scaling businesses, sees significant opportunity in the identity verification sector as regulatory pressure intensifies across EU markets. “The fraud prevention market in Europe is experiencing a perfect storm of regulatory demand and technological innovation,” said a BGF spokesperson regarding the investment. “TMT ID’s proven track record in complex markets like Romania positions them uniquely for pan-European expansion.” BGF’s investment thesis centres on TMT ID’s proprietary AI algorithms, which can process over 100,000 identity verifications per hour whilst maintaining compliance with GDPR and emerging AI Act requirements. This technical capability becomes crucial as European financial services face stricter KYC obligations under the upcoming AML6 directive. The funding round positions TMT ID alongside other European fraud prevention unicorns like London’s Onfido and Berlin’s IDnow, both of which have secured significant US investment despite their European origins. Romanian fintech eyes Western European expansion strategy TMT ID’s expansion strategy focuses on Germany, France, and the Netherlands, where fraud losses have increased 23% year-on-year according to European Central Bank data. The company’s technology currently processes over 2 million identity checks monthly for Romanian banks and telecommunications companies. “We’re seeing massive demand from Western European enterprises who need fraud prevention solutions that understand both local regulations and cross-border criminal patterns,” explained TMT ID CEO regarding the company’s growth trajectory. The Romanian company differentiates itself through multi-language support and deep understanding of Eastern European fraud patterns, which increasingly impact Western markets as criminal networks become more sophisticated. This regional expertise proves valuable as European banks struggle with cross-border fraud detection. TMT ID’s client roster includes major Romanian financial institutions and telecommunications providers, with the company reporting 150% revenue growth over the past 18 months. The fresh capital will fund technology development, regulatory compliance infrastructure, and strategic hires across key European markets. This investment signals broader confidence in Eastern European fintech capabilities, following similar growth rounds for Polish payment processor PayU and Czech Republic’s Bohemia Interactive. European fraud prevention remains a strategic priority as digital transformation accelerates across traditional industries.

Fundraising 2 days ago

Europe’s defence technology sector is experiencing unprecedented momentum as geopolitical tensions reshape investment priorities across the continent. Traditional venture capital firms are pivoting towards dual-use technologies, whilst specialised funds emerge to capitalise on the estimated €500 billion European defence modernisation market over the next decade. London-based Keen Venture Partners has secured €150 million for what it claims is Europe’s largest dedicated DefenceTech fund, marking a significant milestone in the maturation of European military technology investment. The fund received backing from the European Investment Fund alongside several undisclosed institutional investors, positioning Keen as a major player in the rapidly expanding sector. DefenceTech fund raising reflects strategic European priorities The European Investment Fund’s participation signals institutional recognition of defence technology as a strategic priority for European autonomy. Unlike traditional Silicon Valley defence investors focused on large-scale contracts, Keen’s thesis centres on dual-use technologies that serve both civilian and military applications—a distinctly European approach that navigates complex regulatory frameworks whilst maximising commercial potential. “Modern battlefield requirements are evolving faster than traditional defence procurement cycles can accommodate,” explains the investment team. “We’re backing founders who understand that today’s conflicts demand software-first solutions, autonomous systems, and cyber resilience capabilities that can be deployed rapidly across multiple domains.” This €150 million represents more than double the typical European defence-focused fund, reflecting both increased LP appetite and the scale of opportunities emerging across the continent. The fund’s structure accommodates longer development cycles typical of defence applications whilst maintaining the growth trajectory expectations of institutional investors. European DefenceTech ecosystem gains institutional momentum Keen’s strategy targets startups developing autonomous systems, cybersecurity infrastructure, satellite communications, and advanced materials—sectors where European companies increasingly compete with established US and Israeli defence contractors. The fund’s European focus addresses a critical gap in defence technology financing, where American investors often require US-centric business models that limit European market penetration. The timing proves strategic as NATO’s Defence Innovation Accelerator ramps up activity and member states increase defence spending commitments to 2% of GDP. European governments are actively seeking indigenous alternatives to reduce dependence on non-EU defence suppliers, creating substantial market opportunities for portfolio companies that can navigate complex certification processes. Portfolio construction will emphasise companies with proven dual-use applications, regulatory compliance expertise, and scalable technologies adaptable to different European markets. This approach differentiates Keen from generalist VCs attempting to add defence exposure through occasional investments in the sector. This fund launch reinforces Europe’s emergence as a serious player in defence technology innovation, moving beyond traditional aerospace and shipbuilding towards the software-defined capabilities that will determine future military effectiveness. For European defence startups, access to dedicated capital with sector expertise removes a significant barrier to scaling within the continent’s complex regulatory and procurement environment.

Fundraising 2 days ago

The European AI customer support market is experiencing unprecedented consolidation, with traditional helpdesk solutions rapidly giving way to intelligent agent platforms. Leading this transformation is GetVocal, which has secured €24 million in Series A funding led by Creandum to accelerate its AI-powered customer support platform across European markets. This funding round positions GetVocal among the better-capitalised European AI customer support startups, reflecting growing investor confidence in the sector’s potential to reshape how businesses handle customer interactions. The round’s timing coincides with increased enterprise demand for AI solutions that can handle complex customer queries whilst maintaining the personalised service European customers expect. Creandum leads AI customer support investment surge Creandum’s investment in GetVocal reflects the Stockholm-based VC’s systematic approach to backing European B2B software companies with strong product-market fit. The firm, known for its early investments in Spotify and Klarna, sees particular value in GetVocal’s ability to navigate the complex regulatory landscape that governs customer data across European markets. “GetVocal has demonstrated exceptional understanding of European enterprise needs, particularly around data sovereignty and GDPR compliance,” said a Creandum partner. “Their platform doesn’t just automate customer support—it enhances the quality of customer interactions whilst ensuring full regulatory compliance across all EU jurisdictions.” The investment aligns with broader European VC interest in AI infrastructure companies that can serve fragmented European markets effectively. Unlike their Silicon Valley counterparts, European AI startups must navigate 27 different regulatory frameworks, making compliance-first platforms like GetVocal particularly attractive to enterprise customers. Beyond capital, Creandum brings valuable go-to-market expertise across Nordic and broader European markets, where enterprise software adoption patterns differ significantly from US markets. This strategic partnership positions GetVocal to compete effectively against both established players like Zendesk and emerging AI-first competitors such as Intercom’s Resolution Bot. European AI compliance creates market opportunity GetVocal’s platform addresses a critical gap in the European customer support market: AI-powered automation that maintains compliance with stringent European data protection regulations. The company’s technology processes customer interactions in real-time whilst ensuring all data remains within appropriate geographical boundaries—a crucial requirement for European enterprises. The startup plans to deploy the Series A capital primarily across product development and European market expansion, with particular focus on DACH and Benelux regions where enterprise AI adoption is accelerating. Current metrics indicate strong traction, though specific customer numbers remain undisclosed. “European businesses need AI customer support solutions built specifically for European requirements,” explains GetVocal’s CEO. “We’re not adapting a US platform for European markets—we’re building European-first technology that happens to compete globally.” This European-centric approach extends to GetVocal’s multilingual capabilities, supporting seamless customer interactions across major European languages whilst maintaining context and nuance that generic AI platforms often miss. The company’s technology stack is optimised for European cloud infrastructure, ensuring low latency and high availability across the continent. GetVocal’s Series A success signals growing European confidence in homegrown AI solutions, particularly those addressing specific regulatory and cultural requirements that global platforms struggle to meet effectively. As European enterprises increasingly prioritise data sovereignty, startups like GetVocal are well-positioned to capture significant market share from incumbent providers.

Fundraising 2 days ago

European businesses are drowning in regulatory complexity. Between GDPR, the Digital Services Act, and incoming AI regulations, compliance teams are stretched beyond capacity. This mounting pressure has created fertile ground for automation solutions that can navigate the labyrinthine world of European regulatory requirements. Enter Condukt, a London-based compliance automation platform that has emerged from stealth with $10M (€9.2M) in Series A funding. The round was co-led by Lightspeed Venture Partners and MMC Ventures, two investors with deep European portfolios and a proven track record in regulatory technology. This funding represents more than just capital injection—it signals growing investor confidence in European regulatory technology solutions. While Silicon Valley VCs often view European regulations as burdens, savvy investors like Lightspeed and MMC recognise them as moats that create defensible market opportunities. Compliance automation funding attracts heavyweight investors The investor composition reveals strategic thinking beyond mere cheque-writing. Lightspeed Venture Partners brings Silicon Valley scaling expertise to European regulatory challenges, whilst MMC Ventures contributes deep knowledge of the UK and European enterprise software landscape. This combination positions Condukt to bridge the gap between American growth ambitions and European regulatory realities. “The regulatory landscape in Europe is becoming increasingly complex, creating genuine pain points for businesses of all sizes,” explains a partner at MMC Ventures. “Condukt’s approach to automating compliance workflows represents a significant market opportunity as companies seek to reduce risk whilst maintaining operational efficiency.” The timing is particularly astute. European companies face an unprecedented regulatory burden, with new frameworks like the AI Act adding layers of compliance requirements. Unlike their American counterparts, European startups cannot simply ignore regulations—they must build compliance into their DNA from day one. Targeting fragmented European compliance markets Condukt’s platform addresses a uniquely European challenge: navigating multiple regulatory jurisdictions simultaneously. Unlike the relatively homogeneous American market, European businesses must comply with 27 different national implementations of EU directives, plus sector-specific regulations. The startup plans to use the funding to expand across European markets, with particular focus on financial services and technology sectors where regulatory scrutiny is most intense. Their approach recognises that compliance is not just about avoiding fines—it’s about enabling business growth through regulatory certainty. Founded in 2021, Condukt has already attracted enterprise clients seeking to automate their compliance workflows. The platform integrates with existing business systems to provide real-time regulatory monitoring and automated reporting capabilities. This funding round positions Condukt within the broader European RegTech ecosystem, competing with established players whilst carving out a distinct niche in automation. The company’s emergence from stealth mode suggests confidence in their product-market fit and readiness to scale across fragmented European markets. As European regulatory frameworks continue evolving, Condukt’s €9.2M war chest provides the resources needed to stay ahead of compliance requirements whilst building the infrastructure European businesses desperately need.

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