Oulu-based CleanTech company Filtrabit has secured a €2 million funding commitment from Ajanta Innovations 2 Ky for its coming financing round. 

The Finnish startup plans to use the capital to expand the deployment of its modular dust extraction technology into new markets outside Finland, primarily, but not exclusively, in the Nordics, Central Europe, and India.

Dr Kim Fagerlund, CEO of Filtrabit, said, “The increasing demand for better dust control is driven not only by environmental regulations but also by operational and economic benefits achieved by implementing the most modern raw material collection and recycling methods available.

“Our technology has now been proven in practice in several applications in Finland and is ready to be implemented in operations globally.

“We are grateful for the trust of our shareholders and are ready to take the next steps on our expansion and growth path. This commitment plays a key role in our next round and enables us to efficiently execute our strategy road map as planned more than a year ago.”

Established in 2011, Filtrabit manufactures industrial-scale dust extraction systems with a focus on solving the dust control problems of industry and improving air quality inside and outside industrial plants.

According to the company, its solution extracts microparticles from industrial dust-laden gas streams, which helps reduce air pollutants from industrial sources and accelerate emissions reductions through the reuse of recovered raw materials.

Filtrabit offers dust separation units on an operating lease model. It also helps its clients design the necessary hooding and ducting, with the support of its partners. 

According to the company’s website, the modular units are serially manufactured and portable, enabling capacity to be tailored and retrofitted without requiring building permits. The company states that installation can be completed in a single day when the necessary ducting is in place. The device can also be equipped with numerous sensors as per the customer’s specific data needs. Its customers include steel mills, foundries, quarries, as well as mining and ore processing operations. 

In May this year, Filtrabit raised €2 million in financing for continued growth. In June, Business Finland awarded it a €600k grant to support product development. In 2024, the company secured €4 million in lease financing facilities from the Finnish Climate Fund and a €5 million loan from Norion Bank.

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Kyiv-based Reface, a startup that develops AI tools to empower content creation, has secured €15.2 million ($18 million) in non-dilutive user acquisition funding from Singapore’s PvX Partners. 

PvX Partners is a financial services and data intelligence platform for consumer apps. It co-invests in a company’s sales and marketing budget, and in return, receives a share of the revenue generated by newly acquired users, subject to a predefined cap. 

According to Anton Volovyk, co-CEO of Reface, the capital will be used to fuel the next phase of growth for its AI-powered consumer apps across creativity, wellbeing, and health.

Founded in 2018, Reface develops AI-native tools in content creation and lifestyle categories. It first gained widespread attention after Elon Musk posted his face swap with the “made with Reflect” watermark on X.com. Reface app was launched in 2022 and was originally called Doublicat. 

Its product portfolio includes Reface, a mobile app that allows users to replace faces in videos and photos, voice-over content, and generate AI portraits from multiple selfies. Revive is a mobile app that allows users to instantly edit and animate images, including photos, memes, and art portraits. Restyle allows users to change the style of images and videos. Other products in the portfolio include unboring.ai, Ink AI, Letsy and Memomet. According to the company, its products have collectively been downloaded more than 300 million times. 

The company claims that its apps have been used by celebrities such as Britney Spears, Dua Lipa, Justin Bieber, and Snoop Dogg. It has also collaborated with brands, including BMW, HALO, JBL, Prime Video, Toyota, and Universal.

Reface іs backed by Andreessen Horowitz, Ilkka Paananen, CEO of Supercell, David Helgason, founder of Unity Technologies, Scooter Braun, managing partner of TQ Ventures, Adam Leber, known for being the manager of Britney Spears and Miley Cyrus, as well as an Uber investor, and Roosh, a Kyiv-based tech company and investment group focused on AI and ML. 

In May 2022, the company launched the Reface Fund to cover the humanitarian needs of Ukrainian citizens and defenders, and has donated €424.2k ($500k).

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European agritech demonstrated measured resilience and strategic maturity amid a still-cautious investment climate. Rather than broad, hype-driven expansion, the sector showed clear signs of consolidation, technical depth, and stronger alignment with real on-farm and food-system needs.

More attention went to areas tied to efficiency and sustainability, using fewer inputs, improving animal and crop performance, and strengthening resilience to climate and cost pressures. Indoor and controlled-environment growing continued to develop, but with a stronger focus on energy use, automation, and making the economics work. Digital tools also shifted toward helping farmers make clearer decisions, rather than simply collecting more data.

The following are the ten largest funding rounds in the European agritech industry during the first half of 2025.

Amount raised in H1 2025: €39M First Water is an Icelandic aquaculture company developing sustainable, land-based Atlantic salmon farming in Þorlákshöfn. Using advanced closed-containment technology, clean subterranean seawater, and Iceland’s renewable energy, the company aims to produce high-quality salmon while reducing environmental impact. Its approach supports strong biosecurity, stable growing conditions, and responsible production as it scales its multi-phase facility for both domestic and international markets. In April, First Water secured €39 millon to promote sustainable salmon production.

Amount raised in H1 2025: €13M Fyteko is an agri-biosolutions company founded in 2014 that develops bio-based plant solutions for more sustainable agriculture. Inspired by nature and backed by science, Fyteko builds proprietary, chemically pure biomolecules used in biostimulants and biocontrol to improve crop performance, strengthen drought/heat resilience, and reduce reliance on conventional chemicals. In February, Fyteko landed €13 million to create biomolecules that protect and enhance the world’s crops.

Amount raised in H1 2025: €7.5M Doktar is an agricultural technology company leading digital transformation in farming. Founded in 2017, it combines proprietary software, IoT devices, hyper-local weather forecasts, satellite imagery, soil analysis, and AI-driven models to deliver data-driven insights from field to market. Doktar helps farmers, agribusinesses, and food companies optimise operations, reduce input costs, and support more sustainable and efficient agricultural production. In June, Doktar raised €7.5 million to expand its product portfolio and scale its holistic service model globally.

Amount raised in H1 2025: €6M Agteria Biotech is an agricultural biotech startup on a mission to reduce global greenhouse gas emissions by tackling methane from cattle, a major climate contributor. The company has developed AB-01, a patent-pending feed additive designed to significantly lower methane production in cows in a scalable, affordable, and science-backed way without disrupting normal digestion. Agteria collaborates with leading researchers and partners to bring its solution to market and support more sustainable livestock farming. Agteria Biotech raised €6 million in February to reduce methane emissions from cattle.

Amount raised in H1 2025: €5M Avisomo is an agricultural technology company specialising in automated vertical farming and plant factory solutions designed to integrate with large-scale retail and food supply chains. Its modular systems enable cost-efficient, year-round cultivation of high-quality produce with minimal human interaction. Avisomo’s end-to-end solutions help reduce operational costs, improve scalability, and support sustainable indoor crop production. In January, Avisomo secured €5 million in funding to advance its indoor farming technology and support sustainable, large-scale local food production.

Amount raised in H1 2025: €4.4M Biocsol is an agricultural biotechnology company focused on developing biological solutions for sustainable crop production. The company specialises in bio-based products that support plant health, improve resilience, and help protect crops while reducing reliance on conventional chemical inputs. By combining scientific research with practical agricultural needs, Biocsol aims to contribute to more efficient, environmentally responsible farming systems. In February, BiocSol raised €4.4 million to advance its R&D platform and to demonstrate global proof of concept for its first two biofungicide products.

Amount raised in H1 2025: $4.3M Antler Bio is an agri-biotech company transforming dairy farming with its EpiHerd platform, which combines gene expression analysis and artificial intelligence to generate actionable insights at the herd and individual animal level. By linking genetics, environment, and farm management, the platform helps farmers improve milk yield, animal health, fertility, and longevity. Antler Bio’s approach enables earlier, more precise decision-making, supporting more efficient, profitable, and sustainable dairy production across Europe and beyond. In June, Antler Bio secured a $4.3 million investment to scale its world-first EpiHerd system.

Amount raised in H1 2025: €3.5M Collie is an agritech company that uses artificial intelligence to improve demand forecasting and supply chain efficiency for fresh produce. Its AI-driven platform helps growers, distributors, and retailers better predict demand, reduce food waste, and optimise planning by turning complex data into accurate, actionable insights. By increasing transparency and efficiency across the value chain, Collie supports more sustainable and profitable fresh food systems. Collie secured €3.5 million investment in February for digital livestock management.

Amount raised in H1 2025: €2.73M BlueRedGold is a company focused on producing premium saffron through controlled-environment agriculture and technology-driven cultivation methods. By growing saffron indoors under optimised conditions, the company ensures consistent quality, purity, and year-round production while significantly reducing water use and environmental impact. BlueRedGold combines agricultural innovation with full traceability and quality control, aiming to scale sustainable saffron production and make this high-value spice more accessible to global food, beverage, and wellness markets. In June, BlueRedGold raised €2.73 million for an automated saffron cultivation system.

Amount raised in H1 2025: £2.1M Fotenix is a climate technology company developing advanced photocatalytic solutions to capture and convert carbon dioxide into valuable products. By combining proprietary materials science with scalable reactor systems, Fotenix enables carbon utilisation across industrial applications, helping reduce emissions while creating new economic value. The company’s technology supports the transition toward a circular, low-carbon economy by turning waste CO₂ into a resource rather than a liability. In April, Fotenix secured £2.1 million in new funding to help farmers detect disease and protect yields, weeks before symptoms appear.