Daily News: November 6, 2025
11/6/2025
Estonian Leil attracts €1.5 million to scale greener storage infrastructure for data-intensive industries
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.
Leil lands €1.5M to make hyperscale storage infrastructure accessible for all
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.
BTRY closes $5.7M to industrialise ultra-thin solid-state cells
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.
Top Nordic AI founders back Inception Fund’s €21m micro fund
Inception Fund, backed by leading Nordic AI founders, has launched a €21m micro fund.
Used car platform Spotawheel bags €300M in equity and debt
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.