News
Berlin-based Nex Dash secures "2. 5 million from EIT Urban Mobility to electrify Europe's road freight
2+ hour, 20+ min ago (305+ words) Nex Dash, a Berlin-based integrated logistics operator electrifying Europe's road freight, has secured "2. 5 million in funding from EIT Urban Mobility, an initiative of the European Institute of Innovation and Technology (EIT), a body of the European Union. The investment is…...
Profitable German heat pump platform GALVANY closes "10 million Seed round after sevenfold revenue growth
1+ week, 2+ day ago (416+ words) GALVANY Energy (GALVANY), a Berlin-based heat pump platform, has closed a "10 million Seed financing round to further expand its end-to-end platform for the installation, operation, and optimisation of heat pumps in Germany, with particular emphasis on the existing-building market for…...
Swedish Energy Tech startup Elvy closes "5. 9 million round after securing "500 million credit facility
1+ mon, 3+ day ago (16+ words) EU-Startups...
Copenhagen's Reel raises "15 million to make renewable energy predictable for businesses and profitable for producers
1+ mon, 1+ week ago (248+ words) Reel, a Copenhagen-based electricity supplier and trader accelerating the energy transition, has raised "15 million in Series A funding to refine its products, grow its portfolio and build a commercial team in Germany. The round was led by Future Energy Ventures,…...
UK startup Rivan raises "28. 7 million to scale domestic synthetic fuel production in Europe
1+ mon, 3+ week ago (427+ words) Rivan, a UK-based startup that develops vertically integrated synthetic fuel, has raised "28. 7 million (25 million) to scale domestic synthetic fuel production in Europe. The round was led by IQ Capital, with support from Plural. This funding follows the company's "11. 4 million (10 million)…...
Swedish Battery Tech startup Holyvolt acquires US battery materials firm Wildcat in "63. 1 million deal
3+ mon, 1+ week ago (264+ words) Holyvolt, a Swedish battery technology firm, has completed the acquisition of California-based battery materials development company Wildcat Discovery Technologies in a "63. 1 million (73 million) deal composed of cash, equity, and deferred milestone-based payments." The combination creates a group with end-to-end capability…...
Oslo's Photoncycle raises "15 million to enable households to store surplus summer solar power for winter use
3+ mon, 1+ week ago (155+ words) The round was led by Nordic Ninja and Voima Ventures, with participation from existing investors Lifeline Ventures, Eviny Ventures, Luminar Ventures, and Momentum. It highlighted that winter exposure is especially severe: space heating makes up 62. 5% of household energy use, and…...
Wayve rockets to "7. 2 billion valuation with "1 billion Series D bet on AI-driven autonomy - backing from Uber and Microsoft
3+ mon, 2+ week ago (681+ words) Wayve, a UK leader in embodied AI for autonomous driving, today announced it has raised "1 billion ($1. 2 billion) in a Series D investment round, bringing its post-money valuation to "7. 2 billion ($8. 6 billion) in order to shift from AI research leadership to scaled…...
Germany's Hey Charge secures "2. 5 million EIC grant to scale offline EV charging across Europe
3+ mon, 3+ week ago (324+ words) Hey Charge, a Munich-based EV charging technology company backed by BMW i Ventures, Statkraft Ventures, and Y Combinator, has been awarded a "2. 5 million grant from the European Innovation Council (EIC) Accelerator. The grant will fund Hey Charge's Secure Charge FLEX…...
Munich-based TWAICE secures "24 million EIB loan to scale predictive battery analytics for Europe's energy transition
4+ mon, 1+ week ago (358+ words) TWAICE, a Munich-based battery software company, has secured "24 million in financing from the European Investment Bank (EIB) to scale up its predictive battery analytics for Europe's energy transition. According to TWAICE, the financing will boost its growth as electrification rapidly…...