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Leil, a Tallinn-based data storage infrastructure software company, has raised €1.5 million in seed funding led by Karma Ventures. The funding will be used to scale its software that makes high-density shingled magnetic recording (SMR) drives practical for enterprise-scale deployments, reducing energy consumption and costs.
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Tallinn-based Leil secured €1.5M in seed funding to democratize access to hyperscale storage infrastructure. The company develops software for high-density shingled magnetic recording (SMR) hard drives, improving cost and reducing power consumption for data-intensive organizations.
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Swiss battery start-up BTRY raised $5.7 million to industrialise ultra-thin solid-state batteries. BTRY focuses on high-value applications where size and longevity are critical, such as smart connected labels, high-temperature industrial sensors, and lightweight consumer electronics.
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Inception Fund, backed by leading Nordic AI founders, has launched a €21m micro fund.
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Spotawheel, a used car platform operating in Greece, Poland, and Romania, has secured €300M in debt and equity to expand across Europe and increase its used car subscription fleet.