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Wealthon secures €126M for financial services ecosystem for SMEs
🫱🏽🫲🏻 Noteworthy acquisitions and mergers
Table of Contents
- Yapily Inks Deal with Adyen, Reports Significant Reduction in Losses
- SportIQ’s IoT-Embedded Basketballs Score Big with NBA Launchpad Selection
- European Tech Startups to watch
- 🇫🇷 Crown Secures €2M for Procurement Platform
- 🇪🇸 KOA Biotech Raises €2M for Early Disease Detection in Fish Farms
- 🇦🇹 Synaps Emerges from Stealth Mode with €1.4M Funding
- 🇪🇪 DriveX Raises €1.2M to Detect Windshield Damage Quickly
- 🇮🇹 Urban Mobility SWITCH Closes Pre-Seed Round of €946,000
- 🇩🇪 German Startup coolnis Raises €300K to Tackle Heat Sensitivity in Dogs
- Summary of European Tech Startups
- European Tech Startups to watch
- SportIQ’s IoT-Embedded Basketballs Score Big with NBA Launchpad Selection
- European Tech Startups to Watch
- 🇫🇷 Crown Secures €2M for Procurement Platform
- 🇪🇸 KOA Biotech Raises €2M for Early Disease detection in Fish Farms
- 🇦🇹 Synaps Emerges from Stealth Mode with €1.4M Funding
- 🇪🇪 DriveX Raises €1.2M to Detect Windshield Damage Quickly
- 🇮🇹 Urban Mobility SWITCH Closes Pre-Seed Round of €946,000
- 🇩🇪 German Startup coolnis Raises €300K to Tackle Heat Sensitivity in Dogs
- Summary of European Tech Startups
- European Tech Startups to Watch
🇬🇧 Oxford-based Sophos acquires dell-owned SecureWorks in $859 million deal
🇫🇷: Visma expands into France with Evoliz acquisition
🇦🇹 The Munich-based green Mobility Holding (GMH) is taking over the Austrian company LeaseMyBike
🇨🇭 Amsterdam’s Seenons acquires Swiss waste management specialist CP Recycling
🚀 Interesting moves from investors
🍒 Cherry Ventures launches $500M Fund to propel Europe’s first trillion-dollar company
💰 Yoor
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Yapily Inks Deal with Adyen, Reports Significant Reduction in Losses
Yapily, a leading open banking platform, has recently announced a significant milestone in it’s journey. The company has inked a deal with Adyen, a global payment technology company, marking a strategic partnership aimed at enhancing financial services. According to Yapily, this collaboration has led to a notable reduction in their losses.
Strategic Partnership with Adyen
The partnership between yapily and Adyen is expected to bring about transformative changes in the financial technology sector. Adyen, known for its robust payment solutions, will provide yapily with advanced tools and technologies to streamline and enhance its open banking services. This collaboration is poised to benefit both companies and their respective clients, offering more efficient and secure financial transactions.
Key Highlights of the Partnership
- Enhanced Financial Services: The partnership aims to provide users with more seamless and secure financial services.
- Reduced Losses: Yapily reported that losses have been significantly reduced, indicating the positive impact of the collaboration.
- Innovation and Growth: The deal is expected to drive innovation and growth for both companies, positioning them as leaders in the fintech industry.
Clyde Hydrogen Partners with PlusZero
In another notable advancement,Clyde Hydrogen has partnered with PlusZero to pilot a green hydrogen electrolyser. This initiative is part of Clyde Hydrogen’s commitment to sustainable energy solutions. By collaborating with PlusZero, Clyde Hydrogen aims to develop and test advanced green hydrogen technology, which could revolutionize the energy sector.
Green Hydrogen Initiative
- Sustainable energy: The partnership focuses on developing green hydrogen technology, which is crucial for a sustainable energy future.
- Pilot Project: Clyde Hydrogen and PlusZero are working on a pilot project to test the electrolyser, with the goal of commercializing the technology in the future.
- Environmental Impact: Green hydrogen is seen as a key solution to reduce carbon emissions and promote clean energy.
BlackRock Prepares Bitcoin-Linked ETP for europe
Global investment giant BlackRock is gearing up to launch a bitcoin-linked stock market investment product (ETP) in europe.This move comes as part of BlackRock’s strategy to expand its cryptocurrency offerings and cater to the growing demand for digital assets.
Bitcoin-linked Investment Product
- Expanding Cryptocurrency Offerings: BlackRock’s entry into the European market with a bitcoin-linked ETP indicates its commitment to the cryptocurrency sector.
- Investor Demand: The launch is in response to increasing investor interest in digital assets.
- Regulatory compliance: The product will comply with European regulations, ensuring a secure and obvious investment environment.
Recommended Reads and Listens
The Future of AI Innovation
The future of AI innovation is set to be driven by synthetic data and an industrial-grade open-source SDK. This approach is expected to accelerate AI development and make it more accessible to businesses and researchers.
UK Tech Ecosystem
The UK tech ecosystem is resilient and rising, showcasing its ability to adapt and thrive in changing market conditions. This growth is attributed to various factors, including government support and a strong talent pool.
iV-GO: The First Pole-Free, Fully Mechanical IV Pump
iV-GO has introduced the first pole-free, fully mechanical IV pump designed for on-the-go care. This innovation aims to improve patient mobility and comfort, making it easier for individuals to receive IV treatment outside of clinical settings.
summary Table
| Initiative | Partners/Companies | Key Benefits |
|——————————|————————————————–|————————————————————|
| Yapily partnership | Yapily and Adyen | Enhanced financial services, reduced losses |
| Green Hydrogen Initiative | Clyde Hydrogen and PlusZero | Sustainable energy, pilot project for green hydrogen |
| Bitcoin-Linked ETP | BlackRock | Cryptocurrency investment, compliance with European regulations|
| AI Innovation | Synthetic data and open-source SDK | Accelerated AI development, accessibility |
| UK Tech Ecosystem | Various contributors | resilience, growth, government support |
| iV-GO IV Pump | iV-GO | Improved patient mobility, comfort |
These developments highlight the dynamic and innovative nature of the tech and finance sectors, with a strong focus on sustainability, innovation, and regulatory compliance. Stay tuned for more updates on these groundbreaking initiatives.
SportIQ’s IoT-Embedded Basketballs Score Big with NBA Launchpad Selection
in a groundbreaking move, SportIQ has secured a significant milestone by having its IoT-embedded basketballs selected for the NBA Launchpad program. This innovative technology is set to revolutionize the way basketball is played and analyzed, bringing a new level of data-driven insights to the game.
European Tech Startups to watch
🇫🇷 Crown Secures €2M for Procurement Platform
Crown, a French startup, has successfully secured €2M in funding for its procurement platform. This investment will enable crown to enhance its platform, making it more efficient and user-pleasant for businesses looking to streamline their procurement processes.
🇪🇸 KOA Biotech Raises €2M for Early Disease Detection in Fish Farms
KOA Biotech, based in Spain, has raised €2M to develop early disease detection solutions for fish farms. This funding will support the company’s mission to improve the health and sustainability of aquaculture through advanced biotechnology.
🇦🇹 Synaps Emerges from Stealth Mode with €1.4M Funding
Synaps, an Austrian startup, has emerged from stealth mode with €1.4M in funding. The company is developing a platform dubbed the “Figma for Architects,” which aims to revolutionize the architectural design process by providing a collaborative and intuitive design tool.
🇪🇪 DriveX Raises €1.2M to Detect Windshield Damage Quickly
drivex, an Estonian startup, has raised €1.2M to develop a technology that can quickly detect windshield damage. This funding will be used to refine and commercialize the technology, making it easier for drivers to identify and address potential safety issues with their vehicles.
🇮🇹 Urban Mobility SWITCH Closes Pre-Seed Round of €946,000
SWITCH, an Italian startup focused on urban mobility, has closed a pre-seed round of €946,000. This investment will support the development of innovative solutions aimed at improving urban transportation,making cities more livable and sustainable.
🇩🇪 German Startup coolnis Raises €300K to Tackle Heat Sensitivity in Dogs
Coolnis, a German startup, has raised €300K to address heat sensitivity in dogs using advanced cooling technology. This funding will help the company further develop its cooling solutions, providing much-needed relief for dogs that struggle with heat intolerance.
Summary of European Tech Startups
| Startup | Country | Funding Amount | Focus Area |
|——————|———-|—————-|————————————————–|
| Crown | 🇫🇷 | €2M | Procurement platform |
| KOA Biotech | 🇪🇸 | €2M | Early disease detection for fish farms |
| Synaps | 🇦🇹 | €1.4M | ‘Figma for Architects’ platform |
| DriveX | 🇪🇪 | €1.2M | Quick windshield damage detection |
| SWITCH | 🇮🇹 | €946,000 | Urban mobility solutions |
| Coolnis | 🇩🇪 | €300K | Advanced cooling tech for dogs |
These European tech startups are making significant strides in their respective fields, from procurement and biotechnology to urban mobility and pet care. Their innovations promise to bring about transformative changes in various industries, highlighting the vibrant and dynamic nature of the European tech ecosystem.
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SportIQ’s IoT-Embedded Basketballs Score Big with NBA Launchpad Selection
In a groundbreaking move, SportIQ has secured a significant milestone by having its IoT-embedded basketballs selected for the NBA Launchpad program. This innovative technology is set to revolutionize the way basketball is played and analyzed, bringing a new level of data-driven insights to the game.
European Tech Startups to Watch
🇫🇷 Crown Secures €2M for Procurement Platform
Editor: crown, a French startup, has recently secured €2M in funding for its procurement platform. Can you elaborate on how this investment will enhance your platform and what unique features it offers to businesses?
Guest: This investment will enable us to enhance our procurement platform, making it more efficient and user-friendly for businesses. We aim to streamline procurement processes, offering a seamless experience for companies looking to optimize their supply chain management. Our platform leverages advanced technologies to provide real-time analytics, automated workflows, and robust supplier management tools.
🇪🇸 KOA Biotech Raises €2M for Early Disease detection in Fish Farms
Editor: KOA Biotech has raised €2M to develop early disease detection solutions for fish farms. How does this funding support your mission to improve aquaculture health and sustainability?
Guest: The €2M funding will support our mission to improve the health and sustainability of aquaculture through advanced biotechnology. We are developing innovative solutions that can detect diseases in fish farms at an early stage, allowing for timely intervention and reducing the overall impact of diseases on fish populations. Our technology aims to enhance productivity and sustainability in the aquaculture industry.
🇦🇹 Synaps Emerges from Stealth Mode with €1.4M Funding
Editor: Synaps, an Austrian startup, has emerged from stealth mode with €1.4M in funding. Can you tell us more about your platform and how it aims to revolutionize the architectural design process?
Guest: Synaps is developing a platform dubbed the “Figma for Architects,” which aims to revolutionize the architectural design process by providing a collaborative and intuitive design tool. With €1.4M in funding,we are poised to bring a transformative solution to the architecture industry,enabling architects to work more efficiently and collaboratively on projects. Our platform offers robust design tools and collaborative features that streamline the design process and enhance interaction among team members.
🇪🇪 DriveX Raises €1.2M to Detect Windshield Damage Quickly
Editor: DriveX, an Estonian startup, has raised €1.2M to develop a technology that can quickly detect windshield damage. How will this funding help refine and commercialize your technology?
guest: The €1.2M funding will be used to refine and commercialize our technology for quickly detecting windshield damage. This investment will help us enhance the accuracy and efficiency of our detection system, making it easier for drivers to identify and address potential safety issues with their vehicles. Our technology aims to improve road safety by providing a reliable and swift solution for windshield damage detection.
🇮🇹 Urban Mobility SWITCH Closes Pre-Seed Round of €946,000
Editor: SWITCH, an Italian startup focused on urban mobility, has closed a pre-seed round of €946,000. How will this investment support the development of innovative urban transportation solutions?
Guest: The €946,000 investment will support the development of innovative solutions aimed at improving urban transportation and making cities more livable and sustainable. Our focus is on creating efficient and eco-friendly mobility options that enhance the quality of life in urban areas. This funding will help us accelerate the development and deployment of our solutions, contributing to a more sustainable urban future.
🇩🇪 German Startup coolnis Raises €300K to Tackle Heat Sensitivity in Dogs
Editor: Coolnis, a german startup, has raised €300K to address heat sensitivity in dogs using advanced cooling technology. How will this funding help develop your cooling solutions for dogs?
Guest: The €300K funding will help us further develop our advanced cooling solutions for dogs that struggle with heat intolerance. This investment will enable us to enhance the efficacy and comfort of our products,providing much-needed relief for dogs during hot weather. our goal is to improve the well-being of dogs and ensure they remain safe and comfortable in various environmental conditions.
Summary of European Tech Startups
| Startup | Country | Funding Amount | Focus Area |
|——————|———-|—————-|————————————————–|
| Crown | 🇫🇷 | €2M | Procurement platform |
| KOA biotech | 🇪🇸 | €2M | Early disease detection for fish farms |
| Synaps | 🇦🇹 | €1.4M | ‘Figma for Architects’ platform |
| DriveX | 🇪🇪 | €1.2M | Speedy windshield damage detection |
| SWITCH | 🇮🇹 | €946,000 | Urban mobility solutions |
| Coolnis | 🇩🇪 | €300K | Advanced cooling tech for dogs |
These European tech startups are making significant strides in their respective fields, from procurement and biotechnology to urban mobility and pet care. Their innovations promise to bring about transformative changes in various industries, highlighting the vibrant and dynamic nature of the European tech ecosystem.
