Stockholm-based Legora is in talks to raise funding at a valuation of $10bn or more, up from $5.6bn in March, as its revenue grew from $3m to $100m in under two years. Duolingo also acquired Animade, a London animation studio known for motion design work with major tech brands, to build out its in-house creative team.
Let’s dive in.
💰 Funding rounds
Boston and London-based Mindgard raised €26m to secure enterprise AI systems. James Brear, Peter Garraghan. Read more here.
Lyon-based AMDB Security Pro raised €2.68m to take its excavator anti-theft systems to the US. Read more here.
Gothenburg-based Millow raised €2m to scale clean-label protein made from oats and mycelium. Read more here.
UK-based Metal Morph raised £700k to recover industrial resources from wastewater. Read more here.
🌱 Startup news
Stockholm-based Legora is in talks to raise funding at a valuation of $10 billion or more, nearly doubling its $5.6 billion valuation from March. Read more here.
🤝 M&A
Germany-based NEURA Robotics acquired Bosch Rexroth’s ACTIVE Shuttle to expand its Physical AI ecosystem. Read more here.
Duolingo acquired London-based animation studio Animade to strengthen its creative capabilities. Read more here.
🎧 Podcasts
EU-Startups Podcast featured Nikita Miller, Chief Product Officer at Perk, on AI-native travel and the future of work. Listen here.
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