Fuse Energy surpassed $550m ARR, reached profitability and added another €25m, just three years after launching. Lovable also reached 25 million projects created as it expanded its partnership with Google Cloud, while Checkout. com launched stablecoin acceptance in partnership with Coinbase and Merantix closed a new €103m fund for AI startups.
Let’s dive in.
💰 Funding rounds
London-based Semble raised £30m Series C to expand its healthcare management platform across Europe and further develop its AI-powered care coordination capabilities. Read more here.
London-based Fuse Energy secured a €25m Series B extension as the company surpassed $550m ARR and reached profitability. Read more here.
Paris-based Innovorder raised €20m to accelerate its AI-first restaurant digitalisation platform and support expansion across Europe through acquisitions and geographic growth. Read more here.
London-based Airspeed raised €17.2m Series A to scale its AI-powered execution platform for revenue teams. Read more here.
London-based AethexAI raised $3m pre-seed to build voice AI infrastructure for enterprises across Africa and the Middle East. Read more here.
Budapest-based Kodesage raised $6.6m seed to help enterprises understand, maintain and modernise legacy software systems using AI-powered tooling. Read more here.
Wageningen-based New Dawn Bio raised €2.1m pre-Seed to advance its cultured wood technology and expand its R&D team. Read more here.
🌱 Startup news
Stockholm-based Lovable expanded its partnership with Google Cloud, increasing its infrastructure footprint fivefold as the AI app builder surpassed 25 million projects created on the platform. Read more here.
💡 Other news
London-based Checkout. com launched stablecoin acceptance for merchants in partnership with Coinbase, allowing enterprise customers to accept stablecoin payments alongside cards, bank transfers and digital wallets. Read more here.
📣 Fund news
Berlin-based Merantix Capital closed a €103m fund to back early-stage AI-native startups across sectors including healthcare, manufacturing, energy and robotics. Read more here.
🤝 M&A
Milan-based CommerceClarity acquired Barcelona-based Katalogo.ai, bringing founder Luca Cozzolino into the company as Chief Product Officer. Read more here.
🎧 Podcasts
The EU-Startups Podcast featured Frédéric Mazzella, founder of BlaBlaCar, on the origins of the ridesharing platform, the future of shared mobility, and the opportunities and challenges of building startups in Europe. Listen here.
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