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.

Belgium-based predictive maintenance company I-care has announced the completion of a €20 million fundraising and refinancing operation conducted as a round reserved for existing shareholders and employees. With this transaction, the company has hit unicorn status. 

The company now aims to accelerate its growth to increase its market share and focus on bringing in external investors in 2026. It also intends to pursue an initial public offering, which was postponed last spring.

“Becoming a unicorn is a symbolic milestone. To achieve this, we chose to invest before reaping the rewards: we bet on AI when few believed in it, we prioritised R&D, and we built our own production unit. These choices were sometimes difficult, but they were essential to staying ahead of the game. Today, our results confirm that this strategy was the right one,” explained Fabrice Brion, CEO of I-care.

Founded in 2024, I-care provides reliability and predictive maintenance services to customers in more than 55 countries. According to the company, its AI-driven platform, I-see, integrates I-care’s solutions with external systems, aggregates data from multiple predictive maintenance techniques, provides failure predictions months in advance, and supplies operational data to external systems for maintenance planning.

“Since launching production of its new-generation sensors and rolling out the Wi-care as a Service model, an all-in-one subscription-based solution, I-care has been recording strong growth. The group’s Industry 4.0 manufacturing facility now enables rapid volume increases, with an announced production capacity of up to 2,000 sensors per day,” the company mentioned in the press release. 

I-care reported consolidated annual revenues of over €100 million and an order book valued at more than €200 million. Over the past eight years, it has acquired and integrated eight companies. It employs more than 1,000 people and operates 36 offices across 16 countries in the Asia-Pacific, EMEA, and the US regions.

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Stowlog, a SaaS platform developed by Castellón-based technology consulting firm Estudio Cactus, has closed a €1 million investment round to accelerate the digitisation of safety and security processes across port logistics operations.

The round was led by Draper B1, a venture capital fund affiliated with the Draper Venture Network, with participation from First Drop and the Castellón-based technology group Cuatroochent. 

“This investment is a key step in consolidating Stowlog as an internationally recognised solution. The backing of Draper B1, together with First Drop and Cuatroochenta, validates both the product and the team and will allow us to accelerate our global expansion,” said Pablo Aguirre, CEO and co-founder of Stowlog. 

Stowlog was launched in 2023 as a modular SaaS that enables port terminals, logistics facilities, and intermodal hubs to improve operational efficiency and reduce risks by digitising critical security processes, access control, visitor management, contractors, and real-time geolocation. 

Stowlog utilises real-time data, geolocation tracking, and 3D visualisation to provide port facilities with visibility into on-site activity, including personnel presence, active procedures, and potential risk areas.

The platform is currently deployed at logistics facilities and terminals in more than 15 countries across four continents, including sites operated by Maersk, APM Terminals, CMA CGM, and COSCO Shipping. It is used at ports in New York, Miami, Los Angeles, Lázaro Cárdenas (Mexico), Gothenburg (Sweden) and Onne (Nigeria), among others.

The funding will be used to drive Stowlog’s international growth. The company aims to grow its team, evolve the product, and expand its presence in new strategic markets, especially in Europe and North America.

Raquel Bernal, Managing Partner Director at Draper B1, commented, “Stowlog is one of those companies where their proven execution has been key to our decision to invest. Their excellent execution involves a team that knows the sector and has a tremendous degree of commitment and resilience.

“We are convinced that their growth potential, together with the support of our international network, make a perfect mix to guarantee sustained value creation over time and the consolidation of Stowlog as a benchmark in its vertical on an international scale.” 

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Maastricht-based cultivated meat startup Mosa Meat has secured an additional €15 million in funding to fuel its next phase of regulatory market approvals and first significant revenue generation. 

This financing round was supported by Invest-NL (backed by a guarantee from InvestEU), LIOF, PHW Group, and Jitse Groen, founder and CEO of Just Eat Takeaway.com.

Victor Meijer, investment principal at InvestNL, said, “Cultivated meat is an important component in the protein transition needed to reduce the impact of livestock farming. As in any emerging sector, investing in cultivated meat is challenging and requires stamina. Mosa Meat has built a strong foundation and is taking clear steps toward commercialisation.”

This extension follows a €40 million round raised in 2024 and a crowdfunding campaign that both exceeded targets. This brings the total capital raised by the company over the past two years to €58 million.

Apart from securing the capital, Mosa Meat mentioned that it has achieved another major milestone. 

Back in 2013, the Dutch startup introduced the world’s first cultivated beef burger in London with a hefty price tag of €250k. It was a proof of concept meant to show the world that growing meat from cells was possible. The company claims that it has achieved a 99.999% cost reduction compared to that first burger.

Maarten Bosch, CEO of Mosa Meat, said, “When we introduced the first cultivated burger, it was a €250k proof of concept. Today, through fundamental scientific breakthroughs and scaling efficiencies, we are producing burgers at a price point ready for restaurant menus. 

“With the backing of our world-class investors, we have successfully turned a science project into a tasty and affordable product without compromising on our original vision.”

This news comes just a few days after it was announced that Leiden-based Meatable will shut down after failing to secure fresh funding.

Founded in 2016 by Mark Post and Peter Verstrate, Mosa Meat is a FoodTech company working on a cleaner, kinder way of making real beef. The company currently has regulatory dossiers under review in the United Kingdom, the European Union, Switzerland and Singapore. It was also recently selected for the UK’s regulatory “Sandbox” programme, supported by the Department for Science, Innovation and Technology. 

“Working alongside the Cellular Agriculture Netherlands (CAN) foundation, Mosa Meat was recently defined as a participating partner in a strategic climate technology project in the influential Dutch ‘Wennink Report.’ Consequently, Mosa Meat’s work is positioned to benefit from national supporting mechanisms that align public-private financing and regulatory reform to accelerate the Netherlands’ transition to sustainable growth,” the company mentioned in the press release. 

Mosa Meat is backed by investors, including Lowercarbon Capital, M Ventures, Bell Food Group, Nutreco, PHW Group, Mitsubishi Corporation, Collateral Good Ventures, Leonardo DiCaprio and others. The Academy Award-winning actor joined Mosa Meat as an advisor and investor back in 2021. 

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