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id | date | title | slug | Date | link | content | created_at | feed_id |
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42,483 | 23/04/2024 06:31 AM | German startup Octomind raises €4.5 million to create a bug-free future for software development | german-startup-octomind-raises-euro45-million-to-create-a-bug-free-future-for-software-development | 23/04/2024 | Six months after emerging from stealth mode, Karlsruhe-based Octomind has raised €4.5 million to transform web testing with generative AI. The round is led by European early-stage venture capital firm Cherry Ventures and features a complementary set of angels such as Sean Mullaney of Algolia, Charlie Songhurst (ex-Microsoft) and Lutz Finger (ex-Linkedin, ex-Snapchat). The fresh… This content is for members only. Visit the site and log in/register to read.
The post German startup Octomind raises €4.5 million to create a bug-free future for software development appeared first on EU-Startups. |
23/04/2024 07:05 AM | 6 | |
42,484 | 23/04/2024 06:00 AM | Paris-based fintech RockFi raises €3 million to become the “new wealth management” | paris-based-fintech-rockfi-raises-euro3-million-to-become-the-new-wealth-management | 23/04/2024 | RockFi raised €3 million in a fundraising led by Varsity I, launched by Didier Valet (former Deputy CEO of Societe Generale), alongside tech and private management business angels, including Antoine Freysz (Kerala), Quentin Nickmans & Amaury Sepulchre (Hexa), and Alexandre Dalyac (founder of Tractable). This ambitious and innovative project founded in 2023, led by Pierre… This content is for members only. Visit the site and log in/register to read.
The post Paris-based fintech RockFi raises €3 million to become the “new wealth management” appeared first on EU-Startups. |
23/04/2024 07:05 AM | 6 | |
42,482 | 22/04/2024 04:35 PM | Is this the future of coffee? Kaffa Roastery releases AI-conic blend | is-this-the-future-of-coffee-kaffa-roastery-releases-ai-conic-blend | 22/04/2024 | I am really into (my friends might say somewhat obsessed with) coffee. Not just for the hits of caffeine that fuel our productivity-enthralled capitalist society, but also for the taste, as well as different styles of brewing (although my Swedish roots make me partial to a pour-over). Sadly, I do not often get to write about it, as — even though coffee roasting and brewing rely on technological engineering — tech startups and coffee hardly ever intersect in the news. Enter Helsinki-based Kaffa Roastery, and its new blend of beans called AI-conic. The blend for the coffee (which costs €12.90… This story continues at The Next Web |
22/04/2024 05:04 PM | 3 | |
42,481 | 22/04/2024 03:30 PM | 3 carbon capture technologies you’ve probably never heard of | 3-carbon-capture-technologies-youve-probably-never-heard-of | 22/04/2024 | All of us will face the consequences of runaway climate change — unless, maybe, you’re living in one of Elon Musk’s new homes on Mars. But for the rest of us poor souls, tackling global heating is pretty much the top priority. The bad news is we are not on track to limit global temperatures rising to 1.5°C to prevent the most catastrophic impacts of climate change. A new report has also revealed that temperatures in Europe are rising twice as fast as the rest of the world. Drastic cuts in emissions are required. We also need to pull out… This story continues at The Next Web |
22/04/2024 03:34 PM | 3 | |
42,479 | 22/04/2024 01:31 PM | Zefir raises €11M to speed up real estate transactions | zefir-raises-euro11m-to-speed-up-real-estate-transactions | 22/04/2024 | Today, proptech Zefir announced it raised €11 million in round. Selling or buying a home is one of the most stressful life events, and in France, this is exacerbated due to a highly fragmented market spread across more than 40,000 real estate agencies. Since 2022, the economic slowdown has made it more challenging for homeowners to sell. Sale times have jumped to over 110 days, and the rate of real estate agents going bankrupt in France increased by 117 per cent in 2023. Founded in 2020, Zefir aims to speed up real estate transactions, starting with instant home purchases. In January 2023, Zefir launched a "Collective Selling" approach that combines the fragmented real estate market. The model leverages technology to promote agency collaboration, accelerating the connection between sellers and buyers. By pooling resources like property listings and customer databases across thousands of agencies into a single platform and leveraging Al to streamline processes, Zefir speeds up matchmaking, making buying and selling more efficient and dramatically. Zefir and its partners can sell homes in just 58 days, cutting transaction times by half vs market standard in France. This means sellers and buyers can move forward faster in their projects, at no extra cost compared to selling directly through an agency. On the agent side, it allows them to close more sales, leading to an average extra revenue of up to €28K per year. According to Remy Fabre, Zefir co-founder and CEO:
The Collective Selling model got off to an explosive start, skyrocketing from zero to €200 million transaction value in just 12 months and a clear path towards profitability. "This immediate success shows that Zefir is delivering value to each stakeholder in a real estate transaction", Remy Fabre noted.
Long- time partner Sequoia increased its investment in Zefir alongside Heartcore, Stride and Third Kind Venture. Zigg Capital also became investors. Elizabeth Chrystal of Zigg Capital said:
According to George Robson, partner at Sequoia Capital:
The company is set to use the new funding to increase its investments in Product and Al, creating more efficient tools for sellers, buyers, and agents, streamlining and speeding up transactions. It aims to triple transaction value in 2024 and to keep growing its network of real estate professionals. |
22/04/2024 02:04 PM | 1 | |
42,480 | 22/04/2024 01:22 PM | The state of European software M&A Deals and M&A Multiples in 2023 (Sponsored) | the-state-of-european-software-manda-deals-and-manda-multiples-in-2023-sponsored | 22/04/2024 | Given the complex and challenging economic and geopolitical circumstances the world faced in 2023, businesses found it equally difficult to engage in successful and profitable merger and acquisition (M&A) activities. While banks focused on controlling inflation, the M&A market still suffered significantly and remained subdued due to ongoing geopolitical uncertainties linked to the conflicts in… This content is for members only. Visit the site and log in/register to read.
The post The state of European software M&A Deals and M&A Multiples in 2023 (Sponsored) appeared first on EU-Startups. |
22/04/2024 03:04 PM | 6 | |
42,477 | 22/04/2024 12:59 PM | Italian startup Lithium Lasers secures €3.5M funding for advanced laser tech | italian-startup-lithium-lasers-secures-euro35m-funding-for-advanced-laser-tech | 22/04/2024 | Today Italian startup Lithium Lasers announced it has raised €3.5 million in funding, The company was founded in 2019 and has developed an ultrashort pulse laser (USPL) called FemtoFlash for material processing, biophotonics and non-linear optics applications in several industries (e.g. aerospace, healthcare, automotive, consumer electronics), The Femtoflash is easy to install, lowers set-up costs, and proves particularly useful when dimensional accuracy and tighter tolerances are needed. In the aerospace industry, lasers are exceptionally effective for micro-component manufacturing and are especially used in marking Carbon Fiber Reinforced Polymer (CFRP) components, a widely used composite material in aerospace applications. With €1.5 million committed by Primo Space Fund in a €2 million round with 360 Capital's co-investment, Lithium Lasers will accelerate the process of industrialisation and commercialisation and start working on a new line of UV Lasers set to be launched in the next few years. Alessandro Greborio, CEO and co-founder of Lithium Lasers, commented:
According to Alessandro Zaccaria, Partner at 360 Capital:
Lead image: Lithium Lasers. Photo: uncredited. |
22/04/2024 01:04 PM | 1 | |
42,478 | 22/04/2024 12:42 PM | Scale Up with the Iberdrola Autonomous Underwater Offshore Inspections Startup Challenge! | scale-up-with-the-iberdrola-autonomous-underwater-offshore-inspections-startup-challenge | 22/04/2024 | As the world’s leading wind energy operator, Iberdrola has been pioneering renewable energy technologies for over 20 years. Given the current growth in the offshore wind energy market, Iberdrola is well-positioned as a global leader. In this context, it is launching the Autonomous Underwater Offshore Inspections Startup Challenge. Offshore wind energy has become a key growth driver for Iberdrola, with current operational marine assets of 1.26 GW and an additional portfolio of 9.6 GW under development or construction. These assets are expected to be operational by 2027, supported by a global investment of EUR 30 billion. Context: Iberdrola Autonomous Underwater Offshore InspectionsMarine environments can be harsh, with extreme weather conditions. Iberdrola is looking for solutions capable of withstanding these conditions to optimize maintenance inspections. It aims to reduce maintenance costs, time, and risks for employees. Through its startup program PERSEO, Iberdrola is launching this challenge to find fully autonomous or remotely operated solutions that optimize the underwater inspections of its various offshore assets. Focus Areas: Iberdrola Autonomous Underwater Offshore InspectionsThe focus is primarily, though not exclusively, on detecting anomalies and failures in foundation elements and seabed anchoring of its offshore assets. Additionally, subsea cable inspection solutions will also be considered. Your proposals should actively address one of the following areas:
Iberdrola is also interested in solutions that address the challenge even if not mentioned in the examples above. The Prize: Iberdrola Autonomous Underwater Offshore InspectionsWinning this Challenge will award you with signing a collaboration agreement to develop a Proof-of-Concept (PoC). Additionally, PERSEO covers the costs of the pilot activities and provides you with the necessary technical support. Finally, PERSEO may consider investing in your solution. The winner of the challenge will sign a partnership contract with Iberdrola and/or PERSEO and will be able to test their solution in a real environment. For the collaboration of the pilot project, Iberdrola will:
The project will be developed in collaboration with technical specialists from Iberdrola Renewables & Iberdrola Offshore business areas. Key Dates & Timeline: Iberdrola Autonomous Underwater Offshore InspectionsApplications are now open! Start your application here.
How Will Your Application be Evaluated?While evaluating your proposals, Iberdrola will consider the following value propositions, among others:
The applications will evaluated by experts from Iberdrola Renewables & Offshore areas. Send in Your Applications Today & Collaborate with Innovation ExpertsIberdrola is no stranger to working with startups and emerging companies – since 2018, the Group has launched over 80 pilot projects with startups to address pressing issues in today’s energy networks. Iberdrola’s startup program – PERSEO – facilitates the group’s access to the technologies of the future while fostering the development of a global ecosystem of startups in the electricity sector—with a focus on sustainability. Iberdrola has allocated EUR 200 million for this purpose, invested through its portfolio of investments in startups, its PERSEO Venture Builder unit, pilot projects, the launch of the Iberdrola Startup Challenges, and the Andromeda fund for investments in sustainable technologies.
____ Sharing is Caring! The post Scale Up with the Iberdrola Autonomous Underwater Offshore Inspections Startup Challenge! appeared first on StartUs Magazine. |
22/04/2024 01:04 PM | 2 | |
42,474 | 22/04/2024 12:30 PM | Q1 sees increased energy investment | q1-sees-increased-energy-investment | 22/04/2024 | The energy transition is powering a recovery in European venture capital in the first quarter of 2024, according to Dealroom’s Europe Q1 report. European startups raised $13.7 billion in VC funding in Q1 2024, a 5% increase on the same period last year. The increase in funding comes despite concerns in a global slowdown in funding to early stage companies. European VC is on track to be on a similar path to 2023 when the continent raised $59.1B in total, with the UK continuing to retain its crown as the leading country for VC investment. Over 500 companies raised rounds of more than $2M in the first months of the year, with later-stage funding proving particularly resilient - up 2.1X compared to Q1 2023. Energy tech has overtaken fintech in Europe as the strongest sector, thanks to a number of mega investments in energy startups underlining how the journey to net zero is becoming a priority on the continent. Energy was the largest sector for deals in Europe, raising a total of $3.1B, for the fourth consecutive quarter. This put Energy ahead of Health ($2.8B), Fintech ($2.8B), Transport ($1.7B) and Enterprise Software ($1.6B). Sahar Meghani, Partner at Visionaries Club, commented on the trend:
Image: Karsten Würth on Unsplash |
22/04/2024 12:34 PM | 1 | |
42,472 | 22/04/2024 12:00 PM | Agritech xFarm Technologies merges with Greenfield and Spacesense to hone its Geospatial AI | agritech-xfarm-technologies-merges-with-greenfield-and-spacesense-to-hone-its-geospatial-ai | 22/04/2024 | Swiss-Italian agritech startup xFarm Technologies has announced its integration of Greenfield Technologies and SpaceSense, in the hopes of establishing itself as a leader in the key areas of regenerative agriculture and geospatial AI. Greenfield Technologies is a company based in Badajoz that specialises in soil characterisation to optimise the management of crops, making them more sustainable and resilient, while SpaceSense is a pioneering company based in Paris that provides climate intelligence services using satellite data and artificial intelligence to help companies and organisations perform better and large-scale sustainability analysis, enabling actions such as carbon monitoring over large areas. Merging with the two companies allows xFarm Technologies to continue to expand internationally which it has done first with its presence in the Iberian Peninsula, then in France, Germany and Poland. This expansion will be supported by the expertise of new specialised teams. "At Greenfield Technologies, we are thrilled to join forces with xFarm Technologies on a journey towards market leadership. This partnership highlights our complementarity in both solutions and markets, bolstering our capabilities to continue our shared vision of empowering the agri-food sector to reach new levels of competitiveness and sustainability. In this way, we will strengthen our ability to enhance our solutions, such as agricultural soil characterisation, support for relevant crops of the Mediterranean region like tomatoes, olives, or almonds, and we will advance in implementing regenerative agriculture to benefit our customers and the planet," said Miguel Córdoba, CEO of Greenfield Technologies. "By uniting SpaceSense’s geospatial AI prowess with xFarm Technologies’ Agtech excellence, we aim to strengthen our Climate Intelligence services to empower farmers worldwide. Together, we'll harness data and innovation to fulfil our purpose and accelerate sustainable agriculture, from assessing soil carbon levels to deploying strategies that combat emissions on a planetary scale" - noted Jyotsna Budideti, CEO of SpaceSense. |
22/04/2024 12:04 PM | 1 | |
42,473 | 22/04/2024 11:58 AM | Brits to issue their own sick notes via algorithm under plan to save GP time | brits-to-issue-their-own-sick-notes-via-algorithm-under-plan-to-save-gp-time | 22/04/2024 | In an attempt to reduce the workload of GPs, the UK is planning to introduce a new National Health Service (NHS) algorithm that will enable self-issued sick notes. The move is part of the government’s effort to reform the sick note system, as Prime Minister Rishi Sunak is seeking not only to alleviate GPs, but also end the “sick note culture.” “We need to change the sick note culture so the default becomes what work you can do — not what you can’t,” Sunak said during a speech last week. According to NHS data, 11 million sick notes were issued… This story continues at The Next Web |
22/04/2024 12:04 PM | 3 | |
42,470 | 22/04/2024 11:30 AM | Biotech SeaBeLife awarded €1.5M to combat visual degeneration | biotech-seabelife-awarded-euro15m-to-combat-visual-degeneration | 22/04/2024 | SeaBeLife, a biotech company developing drugs intended to block cellular necrosis, has been awarded over €1.5M for its SeaBeEYE project at the i-Nov 2024 innovation competition. Funded by the French government’s France 2030 investment plan and administered by Bpifrance in collaboration with ADEME, the French ecological transition agency, the competition aims to support some of the highly innovative projects developed by French businesses. Geographic atrophy is a serious ophthalmological disease that affects over five million patients worldwide. The SeaBeEYE project is to develop a new therapeutic approach for geographic atrophy, an advanced and prevalent form of age-related macular degeneration (AMD). With few treatment options, this is one of the most significant unmet needs in the field of ophthalmology. SeaBeLife’s approach centres around a molecule that directly and simultaneously blocks the two forms of regulated necrosis – necroptosis and ferroptosis – responsible for photoreceptor cell death, which ultimately leads to vision loss. Its project focuses on the preclinical and regulatory development of a drug candidate with an innovative formulation. The company aims to have a treatment option ready for clinical trials in humans by the first quarter of 2026. SeaBeLife conducted its initial proof of concept using a dry AMD preclinical model. Two innovative formulations were tested: The first a sustained-release intravitreal injection, meaning patients would only need to have injections every two to three months. This was validated in vitro. The second a prototype eye gel for topical application (no injections required). Initial in vivo results confirm that this formulation is effective in transferring the active ingredient to the retina. “This financial backing is proof of the quality and potential of our project and will enable us to accelerate its development,” explained Morgane Rousselot, CEO and co-founder of SeaBeLife. “We now have the funds we need to move forward, while remaining open to potential collaborations with other industry partners and financial backers.” |
22/04/2024 11:34 AM | 1 | |
42,475 | 22/04/2024 11:27 AM | Paris-based Payflows raises €25 million Series A to build the command centre for finance teams | paris-based-payflows-raises-euro25-million-series-a-to-build-the-command-centre-for-finance-teams | 22/04/2024 | Payflows, a one-stop SaaS platform designed for finance teams, has raised €25 million in funding to build the operating system that seamlessly integrates finance teams and workflows together. The Series A is led by Balderton Capital with existing investors Headline and Ribbit Capital doubling down on their previous investments. Founded in 2022 by former Luko… This content is for members only. Visit the site and log in/register to read.
The post Paris-based Payflows raises €25 million Series A to build the command centre for finance teams appeared first on EU-Startups. |
22/04/2024 12:34 PM | 6 | |
42,471 | 22/04/2024 11:06 AM | SaaS Payflows raises €25M Series A | saas-payflows-raises-euro25m-series-a | 22/04/2024 | Payflows, an AI-powered SaaS finance platform, has raised €25M in Series A funding. The Series A is led by Balderton Capital with participation from existing investors including Ribbit Capital, Headline, 20VC and the family offices of Plaid’s founder and Galeries Lafayette. Founded in 2022 by former Luko executives Pauline Glikman and Joseph Assouline, Payflows is building a ‘love letter to the finance team’ with their bud to update financial management systems by automating manual and repetitive tasks. The company has been growing in stealth for two years with clients such as Swile, Spendesk and Podimo. Its customers are primarily comprised of businesses at the mid to upper end of growth, particularly those who are facing complex regulations and operations across multiple markets and currencies. Payflows condenses different information sources for accounts payable, account receivable, customers, suppliers, payments and cashflows. Gilkman commented:
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22/04/2024 11:34 AM | 1 | |
42,469 | 22/04/2024 10:56 AM | Turkish Midas raises $45m for retail investment platform | turkish-midas-raises-dollar45m-for-retail-investment-platform | 22/04/2024 | Fintech startup Midas has raised $45m to enable retail investors in emerging markets to access crypto and mutual fund products. The $45 million fundraise was led by Portage and is one of Turkey’s largest ever Series A rounds. Midas hit profitability last year and, with two million users since its 2021 launch, the company wants to expand into new markets. The new capital will allow Midas to expand and roll out three new products: cryptocurrency trading, mutual funds, and savings accounts. Since its launch in 2021, Midas has opened up Turkey’s retail investment market to more than two million users. Previously, users faced onerous transaction fees and high minimum balance requirements, sometimes of up to $25,000, to access US stocks. Via its app, Midas offersoffer fast, seamless access to Turkish and US equities with low commission fees. Midas has also invested heavily in educating the market by producing easy-to-digest financial content for free. These include real-time stock market data and news, detailed company profiles, in-depth documentaries, a daily podcast, and a weekly newsletter to help investors navigate the markets. The new funding will allow Midas to grow its offering to include access to mutual funds, an interest-generating savings product, and cryptocurrency trading. In the next two-to-five years, Midas also projects that it will expand beyond Turkey, with plans to target countries in emerging markets. With its new products and expansion plans, the company will now move forward with its mission of changing Turkish people’s relationship with money – not just investing – and aims to become a leading financial institution in the region. Egem Eraslan, CEO and founder, said:
Paul Desmarais III, Co-Founder of Portage, commented:
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22/04/2024 11:04 AM | 1 | |
42,476 | 22/04/2024 10:30 AM | Beth Susanne, global pitch coach, will speak at this year’s EU-Startups Summit! | beth-susanne-global-pitch-coach-will-speak-at-this-years-eu-startups-summit | 22/04/2024 | We are excited to announce that Beth Susanne, global pitch coach icon who has helped her clients reach over $10 billion in funding will be speaking at this year’s EU-Startups Summit in Malta on May 9-10! Her workshops focus on how to craft and deliver a compelling pitch that will set you on the fast track to… This content is for members only. Visit the site and log in/register to read.
The post Beth Susanne, global pitch coach, will speak at this year’s EU-Startups Summit! appeared first on EU-Startups. |
22/04/2024 12:34 PM | 6 | |
42,467 | 22/04/2024 10:09 AM | Danish-based Formalize raised €15 million aiming to become Europe’s leading compliance software provider | danish-based-formalize-raised-euro15-million-aiming-to-become-europes-leading-compliance-software-provider | 22/04/2024 | Formalize, previously known for its market-leading whistleblower software, has outlined its mission to become Europe’s leading compliance software provider by announcing a €15 million Series A round and launching its new compliance platform. The stringent regulatory requirements imposed on both private and public institutions by the EU have made everyday compliance a complex and time-consuming… This content is for members only. Visit the site and log in/register to read.
The post Danish-based Formalize raised €15 million aiming to become Europe’s leading compliance software provider appeared first on EU-Startups. |
22/04/2024 10:34 AM | 6 | |
42,468 | 22/04/2024 09:39 AM | Helsinki-based HappySignals raises €12 million aiming to transform IT decision-making with human-centric data and AI | helsinki-based-happysignals-raises-euro12-million-aiming-to-transform-it-decision-making-with-human-centric-data-and-ai | 22/04/2024 | Based in Helsinki, HappySignals, a Human-Centric IT Experience Management company founded in 2014 secures a €12 million round led by Mandatum Asset Management and with participation from existing investors Nauta and Vendep Capital. The investment will fuel sales, marketing, and product development for global expansion in the growing IT Experience Management (ITXM) market. HappySignals is… This content is for members only. Visit the site and log in/register to read.
The post Helsinki-based HappySignals raises €12 million aiming to transform IT decision-making with human-centric data and AI appeared first on EU-Startups. |
22/04/2024 10:34 AM | 6 | |
42,465 | 22/04/2024 09:20 AM | Earlybird’s ESG report one year on: how can VCs optimise for social impact? | earlybirds-esg-report-one-year-on-how-can-vcs-optimise-for-social-impact | 22/04/2024 | With €2 billion of assets under management across all fund streams, nine IPOs and 31 trade sales, Earlybird VC is one of Europe’s most active venture capital firms. Earlybird decided to supercharge its sustainability initiatives and implement further ESG practices in 2020 and the firm has fastidiously tracked its progress since then. So what guidance do its latest updates provide for VC governance? The firm has prioritised addressing the well-known levels of underrepresentation that pervade executive roles within tech and investment. The percentage of board directors who identify as female across Earlybird’s portfolio companies has increased from 28% in 2022 to 46% in 2023; they plan to ensure that 40% of investment teams and of portfolio companies’ management teams are female by 2030. The United Nations Sustainable Development Goals (SDGs) represent an ambitious development agenda for people and the planet by 2030. Earlybird has identified five of these goals which will drive its ESG agenda: good health and well-being, gender equality, decent work and economic growth, responsible consumption and production and conscious partnerships. The goals determine investment decisions, such as a collaboration with ClimatePartners to offset Earlybird’s 2023 carbon footprint with two new projects in Zambia and Laos. They’re also realised by communicating ESG standards to portfolio companies and ensuring that they are met on an ongoing basis. The report notes particular improvements in governance, where companies have enacted new Code of Conduct and ESG, anti-bribery, and whistle-blowing policies. The report noted that portfolio companies, Priothera and Oviva, had excelled regarding integration of ESG across their business strategy. |
22/04/2024 09:34 AM | 1 | |
42,466 | 22/04/2024 09:10 AM | Munich's Smart Reporting secures €23M Series C for AI-supported medical software | munichs-smart-reporting-secures-euro23m-series-c-for-ai-supported-medical-software | 22/04/2024 | Munich healthtech company Smart Reporting has successfully completed a financing round of €23 million, bringing its funding to over €60 million. Smart Reporting was founded in 2014 as a spin-off from Ludwig-Maximilians-Universität (LMU). An ever-decreasing number of radiologists means efficient medical reporting is becoming increasingly important. Smart Reporting has developed manufacturer-agnostic medical software in fields such as radiology and pathology. The "SmartReports" software offers a fully voice-controlled and data-driven documentation solution for doctors that forms the basis for workflow automation and machine-readable data. It automates routine tasks while guaranteeing consistency. The recent dynamic development of generative AI has catalysed new opportunities for reporting efficiency in radiology and pathology. This reduces work overload and supports doctors with effective assistance systems. Smart Reporting's software is distributed internationally via major healthcare IT partnerships (including Siemens Healthineers, GE Healthcare, and Canon). In 2023, it partnered with Solventum (formerly 3M Health Information Systems), one of the market leaders in radiological reporting in North America, to further strengthen its presence in international markets. Professor Dr Wieland Sommer, founder and co-CEO of Smart Reporting, shared:
TVM Capital Life Science leads the investment, which welcomes Bayern Kapital, and all existing investors are also participating in the financing round.
"TVM sees Smart Reporting as a future international market leader in the fields of radiology and pathology. Smart Reporting's focus on industry partnerships in sales was also convincing," explains Dr Hubert Birner, Managing Partner at TVM Capital Life Science in Germany. "As an international life science venture capitalist, TVM finances medical technologies, innovative healthtech, and traditional drug research. The focus here is on differentiated business models of companies that are already commercialised and create a direct benefit for patients with their technology. Smart Reporting fits perfectly into this investment strategy," says Stefan Fischer, Managing Partner at TVM Capital Life Science in Germany. The capital raised will primarily be used to expand product development and international partnerships to strengthen the company's presence in the US, Canadian, Australian and New Zealand markets. The company's management was also expanded as part of the international growth strategy. In the coming months, Smart Reporting will expand its international expansion and expand its product portfolio to include further LLM services. Lead image: Smart Reporting. Photo: uncredited. |
22/04/2024 09:34 AM | 1 | |
42,458 | 22/04/2024 08:30 AM | Last week in European tech: Over €956M was raised in total, almost 50% goes to energy, fintech and transportation | last-week-in-european-tech-over-euro956m-was-raised-in-total-almost-50percent-goes-to-energy-fintech-and-transportation | 22/04/2024 | Last week, we tracked more than 85 tech funding deals worth over €956 million, and over 10 exits, M&A transactions, rumours, and related news stories across Europe. Click to read the rest of the news. |
22/04/2024 08:34 AM | 1 | |
42,461 | 22/04/2024 08:20 AM | Earth Day: Ecosia launches world’s first energy-generating browser | earth-day-ecosia-launches-worlds-first-energy-generating-browser | 22/04/2024 | Today — on Earth Day — non-profit search engine Ecosia has launched the “greenest browser on Earth” as it seeks to offer customers a more sustainable alternative to Google Chrome or Apple’s Safari. Just like Ecosia’s search engine, the more you use the browser, the more trees you will help plant. The Berlin-based company says it has already planted 200 million trees since 2009. The new browser will be powered by renewable energy from Ecosia’s own solar farms. In fact, the company says the browser will actually generate green energy — 25Wh per user each day they browse. That’s enough… This story continues at The Next Web |
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42,459 | 22/04/2024 08:10 AM | Danish challenger bank Lunar trials voice-enabled AI-powered chatbot- voiced by CEO | danish-challenger-bank-lunar-trials-voice-enabled-ai-powered-chatbot-voiced-by-ceo | 22/04/2024 | Could an AI-powered voice-enabled chatbot answering a user's financial wellbeing questions voiced by a challenger bank’s CEO be the future of banking? The idea is currently being road-tested by Danish neobank Lunar, which along with UK advertiser-subsidised BNPL firm Zilch recently spoke about AI and generative AI and how they were deploying it within their organisations. Kåre Kjelstrøm, the CTO of Lunar, the Danish neobank with over 850,000 customers across the Nordics, says: “Like other companies, Lunar is looking to AI to be more and more productive with current staffing.” The challenger bank, last valued at $2.2bn, has built out LunarGPT, a private version of ChatGPT, for its 450 staff to use. “You can ask it anything and we have trained it on some of the internal material about Lunar,” says Kjelstrøm. For example, Lunar staff can ask LunarGPT about specific Lunar products or ask it how to give a better presentation? On the marketing side, the CTO said Lunar is leveraging generative AI to generate images for external presentations while within engineering it is using AI to help to code more efficiently. Lunar’s tech staff have also created LunarMind, its customer service AI-powered chatbot, to help its customer service agents answer questions. Currently being deployed internally, LunarMind could be exposed to Lunar customers in conjunction with its human customer service agents in future, says its CTO. One of the most exciting AI use cases for Lunar, says Kjelstrøm, is an AI chatbot tool to help its customers with financial wellbeing and planning, which it will unveil in May. Powered by LunarMind, and similar to Bunq's chatbot Finn, the tool allows users to ask questions about their financial wellbeing (such as "how much did I spend on a previous holiday?'), help with financial planning, and simplify the process of resetting pin codes and passwords. Built into the mobile app, the CTO says Lunar has tested a voice-enabled version of the chatbot, with users asking verbal questions and getting verbal answers. He says:
In the demo version, the chatbot’s voice was that of Lunar CEO and founder Ken Villum Klausen. So what do all these AI changes mean for headcount at Lunar? Kjelstrøm says the use of AI and generative AI tools means headcount will not grow as rapidly as previously planned before the AI explosion. Meanwhile, the CEO of UK BNPL firm Zilch, which says it has over 3.5m customers and is valued at £1.65bn, recently hit out at much of the current use of AI by firms. Speaking at an Innovate Finance conference, Philip Belamant, Zilch CEO & co-founder, said:
As an example, he cited the use of AI to make communications, such as chat and email, more efficient. Belamant added:
Instead, he said a more interesting use case is whether AI can be deployed to help anticipate customer purchase decisions before they happen. He said: “What is this customer intending to do before they do it. How quick can we get at guessing what you are about to do?" |
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42,460 | 22/04/2024 08:00 AM | The Tech.eu Summit London 2024 announces new speakers! | the-techeu-summit-london-2024-announces-new-speakers | 22/04/2024 | With less than 3 weeks until the Tech.eu Summit 2024 kicks off in London, the time is nearing to polish up presentations, figure out which sessions are a non-negotiable and pinpoint who you need on your cap table. On 16-17 May you'll hear from the leaders shaping the agenda on AI, Sustainability, Healthcare, Deeptech and Finance and sit down to strategise and debate the finer details with founders from across the globe. Alongside a thorough itinerary of panels across the main stage and a plethora of networking events, the Summit will include a VIP reception, two stages, roundtable discussions, and an after party. Our next tier of speakers is our largest yet! Having covered tech's every industry and angle from semiconductors and lab-grown foods to femtech in the last few months alone, we're thrilled to be able to bring leaders with knowledge across that spectrum together in real life. The interdisciplinary exchanges that have always set game-changing teams apart are just around the corner. The new speakers announced for the Tech.eu Summit London 2024 are: Adrian Garcia-Aranyos - President, Endeavor Arin Ozkula - General Partner, 500 Emerging Europe Bulent Tekmen - Co-Founder and CEO, Colendi Burcu Agma - Founder and Chief Insight Hunter, BBA Strategic Brand Consulting Christian Bersch - Co-Founder and CEO, Cartken Dr. Bálint Várkuti - Co-Founder and CEO, CereGate Dr. Inga Deakin - Principal, Molten Ventures George Karabelas - Principal, VentureFriends Haris Pylarinos - Co-Founder and CEO, Hack The Box Jamie Macfarlane - Founder and CEO, Creator Fund
Javier Suarez - Co-Founder and CEO, Oliva Lyubov Guk - Founding Partner, Blue Lake VC Mike Butcher - Editor At Large, TechCrunch Morgane Zerath - Principal, Crane Venture Partners Nikhil Punwaney - Investment Associate, Partech Nuri Cankaya - Vice President of AI Marketing, Intel Pelin Gonul Sahin - CEO, Founder Being Prof. Dr. Mete Atature - Professor of Physics, University of Cambridge Robby Yung - CEO, Animoca Brands
Tayga Baltacioglu - Co-Founder and CEO, Debite Teodor Antonio Georgiev - Co-Founder and Head, Storytelling Studio Todor Todorov - CEO, Bronia.ai Tosin Eniolorunda - Founder and CEO, Moniepoint Ussal Sahbaz - Managing Partner, Ussal Consultancy Yalcin Gungoren - VC and Growth Investor, EBRD Yvonne Bajela - Partner, LocalGlobe The full event schedule, including a detailed speaker list and session timings, will be released in the coming weeks. Get tickets to secure your spot and stay tuned to keep up with the latest on the Tech.eu Summit London 2024. See you on May 16-17! |
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42,462 | 22/04/2024 07:51 AM | Earth Day 2024: 10 promising earlystage European startups focusing on sustainability | earth-day-2024-10-promising-earlystage-european-startups-focusing-on-sustainability | 22/04/2024 | Earth Day, celebrated annually on April 22nd, is a profound reminder of our collective responsibility to protect and nurture our planet. This global event unites individuals, communities, and organizations in activities and initiatives aimed at preserving the environment. It serves as an opportunity to reflect on our environmental impact and reinforce our commitment to ecological… This content is for members only. Visit the site and log in/register to read.
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