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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.
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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.
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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.
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Vireo Ventures has closed a €50m fund focusing on electrification technologies, demonstrating continued investment interest in climate tech despite the broader market downturn.
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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.