EU-Startups

Magnax, a Kortrijk-based DeepTech company specialising in yokeless axial flux electric motor technology, has secured €35.5 million from Pan-International Industrial Corp., together with Foxconn Group and incoming management members, through a two-stage capital increase. The transaction has received foreign direct investment (FDI) approval. Upon completion, Pan-International will become Magnax’s largest shareholder. Pan-International Industrial Corp., a member of Foxconn Group, is a Taiwan-based

PENEMUE, a Freiburg-based startup developing AI solutions to detect and combat online hate speech, digital violence, and disinformation, has secured over €1.7 million in funding.  The round includes TION Health, Beyond Tomorrow, 4seedimpact, zigzag, Berlin Angel Fund, CGS Consulting and Beteiligungs GmbH, RLM Beteiligungs GmbH, ILG Group, as well as notable business angels, including prominent investors from encourageventures e.V., Black Forest Business Angels, and Business Angels Mitteldeutschl

Wearable Robotics, a Pisa-based startup specialising in wearable robotics for neuromotor rehabilitation, has closed a €5 million Series A round to accelerate global expansion and bring its technologies to key markets. The round was led by CDP Venture Capital, via the Accelerators Fund, with participation from MITO Technology through the MITO Tech Transfer fund, LIFTT, and SIMEST, using resources from F.394/81 – Venture Capital and Participatory Investments Section managed in agreement with the M

Brilliance, an Enschede-based startup, has raised €6 million to accelerate the development of its integrated RGB laser chip technology, enabling next-generation Augmented Reality (AR) displays.  The round was led by Cottonwood Technology Fund, with participation from existing investors like PhotonVentures, Oost NL, PhotiX, and other co-investors. “We have built a solid foundation thanks to the market traction we are generating and the core technology that has already proven itself. We will now c

This article is visible for CLUB members only. If you are already a member but don’t see the content of this article, please login here. If you’re not a CLUB member yet, but you’d like to read members-only content like this one, have unrestricted access to the site and benefit from many additional perks, you can sign up here. The post Weekly funding round-up! All of the European startup funding rounds we tracked this week (Mar 30 – Apr 02) appeared first on EU-Startups.

Omniscient, a Paris-based decision intelligence platform built for boards and senior executives, has raised €3.5 million ($4.1 million) in pre-Seed funding to make key engineering hires, further develop the product, and then scale commercial rollout.  The round was led by Seedcamp. Other investors included Drysdale, Plug and Play, MS&AD, Raise, Anamcara, and xdeck – a global syndicate spanning France to Japan to the United States. Arnaud d’Estienne, CEO and co-founder of Omniscie

We are excited to announce that Dr Florian Kandler, founder of GetFunding.how, will join the EU-Startups Summit 2026 on May 7-8 in sunny Malta. Florian brings deep experience in startup fundraising, investor communications, and founder education. Over the years, he has built and funded startups himself, having co-founded three companies, two of which raised more than €3 million from investors in the US and Europe. His entrepreneurial journey, which included time in Silicon Valley and multiple fu

Generare, a Paris-based Biotech startup generating novel, high-quality molecular data for drug development by decoding microbial genomes, has raised €20 million in Series A funding to increase its drug discovery compound library, grow its team and scale its discovery platform.  The round was co-led by Alven and Daphni with participation from all existing investors, including Galion.exe, Teampact Ventures, and VIVES Partners.  Guillaume Vandenesch, CEO and co-founder, Generare, said, ”Drug discov

 This week on the EU-Startups Podcast, we sit down with Rupa Popat, founder of Arāya Ventures, an early-stage venture capital firm backing ambitious founders building the next generation of impactful, technology-driven companies. With a strong focus on underrepresented entrepreneurs and emerging sectors such as AI and healthtech, Arāya Ventures is working to reshape how capital is allocated at the earliest stages. Rupa brings a clear and outspoken perspective on the structural gaps wi

As digital technologies continue to reshape how people interact, share data, and access services, questions around privacy, trust, and control have become increasingly central. In response, European initiatives like TrustChain have been working to develop more secure, decentralised, and human-centric digital infrastructure aligned with European values. Now, following three years of work under the EU’s Next Generation Internet initiative, the launch of the TrustChain Open-Source Software Foundati

Covalo, a Zurich-based ingredients discovery and data platform for the personal care industry, today announced a €3.5 million Seed extension to support its transition from a marketplace to the industry’s reliable data infrastructure. The round was led by Hi inov, with participation from existing investors HTGF and seed+speed Ventures. Along with this funding, Covalo also announced its 5-year industry anniversary. Timo von Bargen, co-founder and Co-CEO, said, “Five years ago, we built the world’s

Connectome, a Zurich and London-based NeuroTech startup, has closed a pre-Seed financing round of approximately €1.7 million ($2 million) to transform the interpretation of brains and offer a clearer, more personalised view of cognitive health by making it measurable. The round was led by Redstone, with participation from leading early-stage venture funds, including Concept Ventures and Octopus, along with strategic investors and experienced angels across Switzerland, the UK, Europe, and the US.

MOVEMENTS, a Spanish platform that enables the creation, scaling and sustainability of citizen movements, has reached its initial target of €300k in its pre-Seed round and is opening an extension round up to €350k to bring in strategic investors before the final close. This milestone follows initial backing from business angels Miguel Vicente (Antai, Wallapop, Glovo), Vincent Rosso (Consentio, BlaBlaCar), David Tomás (Cyberclick), Marta Huidobro (AEBAN) and Ignacio Carnero (Libelium, Ontruck). T

Nexus, a Belgian agentic AI platform enabling enterprises to deploy autonomous agents, announced a €3.7 million ($4.3 million) Seed funding round scale its platform and accelerate enterprise adoption of production-ready AI agents. The round was led by General Catalyst, with participation from Y Combinator, Transpose Platform, Twenty Two Ventures, Phosphor Capital, and other angel investors like Gokul Rajaram, Raphael Schaad and Jake Mintz. “Enterprises don’t need another AI assistant, they need

Pickmybrain, a Tallinn-based startup building AI-powered Digital Brains for celebrities, experts, and public figures, has raised a €1.8 million ($2.1 million) pre-Seed round to grow its team, scale into new markets, and enhance the product. The funding was secured from a group of business angels, such as Garri Zmudze (a longevity and BioTech investor and early investor in Insilico Medicine), as well as Raison.app, and non-public investors. Sergei Verbitski, founder of Pickmybrain, “While AI is o

Audicin, a Finnish NeuroTech startup using brainwave entrainment and music neuroscience for real-time focus, productivity, stress recovery and sleep, today announced €1.6 million ($1.9 million) in funding. The round includes private investment, follow-on participation from Oura ring co-founder Petteri Lahtela and Virpi Tuomivaara, and support from Business Finland’s selective Deep Tech Accelerator. The raise builds on Audicin’s earlier pre-Seed round backed by Oura’s founding team and brings tot

On May 7-8, 2026, the EU-Startups Summit returns to sunny Malta, bringing together around 2,500 founders, investors, and startup ecosystem leaders for two days of networking, inspiration, and knowledge-sharing. Europe’s space sector is entering an exciting new phase, driven by ambitious founders developing technologies for orbital infrastructure, in-space research, and next-generation aerospace applications. As innovation in this field accelerates, a growing number of startups are helpin

Alice & Bob, a Paris and Boston-based quantum computing company aiming to create the first universal, fault-tolerant quantum computer, has been awarded €3,404,446 ($3.9 million) from the U.S. Department of Energy’s Advanced Research Projects Agency-Energy (ARPA-E) Quantum Computing for Computational Chemistry (QC 3) programme. This funding will support the development of fault-tolerant quantum algorithms focused on discovering rare-earth-free permanent magnetism, a crucial component in elect

Metafuels, a Zurich-based aviation technology company developing proprietary sustainable fuel technologies, has secured grant funding from the Dutch government to fuel its e-SAF project in Rotterdam.  Metafuels’ Dutch subsidiary, Metafuels Nederland B.V., has received a €1.92 million grant from the Netherlands Enterprise Agency (RVO). This funding, provided through the TSE Industry Studies – Hydrogen & Green Chemistry programme (GroenvermogenNL), supports the ongoing development of its Turbe

Berlin-based ecoworks, a company focusing on the cost-efficient decarbonisation of Europe’s residential building stock, has received €23 million to deliver Germany’s largest cooperative serial renovation to date. In the city of Hagen in Northrhein Westfalia, twelve residential buildings will undergo comprehensive energy-efficiency upgrades through serial renovation. The goal is to bring all 192 apartments up to KfW Efficiency House 55 standard (EH 55) and achieve carbon-neutral building op