Daily News: September 9, 2025
9/9/2025
Agate Sensors raises €5.6M to bring spectral vision to everyday devices
Espoo-based Agate Sensors, an Aalto University spin-out developing smart sensors for material analysis, has raised €5.6 million in seed funding and grants. The funding will help commercialize its chip-scale spectral sensing technology for various applications, including healthcare, defense, and environmental monitoring.
OAASIS raises €2.9M for AI-powered supply chain optimisation solution
Amsterdam-based OAASIS, founded by Dutch entrepreneurs, has raised €2.9 million for its AI-driven software which makes advanced supply chain management and optimisation accessible to SMEs and mid-market firms.
fonio.ai acquires fluently to strengthen DACH presence
Vienna-based AI startup fonio.ai has acquired Linz-based AI phone assistant fluently in an asset deal to strengthen its position in the DACH market. The acquisition will integrate fluently's conversational AI platform into fonio.ai.
Vireo Ventures closes €50m fund for electrification tech amid climate tech downturn
Vireo Ventures has closed a €50m fund focusing on electrification technologies, demonstrating continued investment interest in climate tech despite the broader market downturn.
ReOrbit secures Europe’s largest spacetech Series A as defence demand surges
ReOrbit has secured Europe’s largest spacetech Series A round, indicating strong investor confidence in the company's satellite technology and the growing demand within the defense sector.