Energy and AI lead today’s funding, with Reel at the top of the rounds and FrostByte adding another quantum raise out of Delft. Supercritical also secured more funding for carbon removal supply, while defence investment continues through Sweden and Ukraine.
Let’s dive in.
💰 Funding rounds
Copenhagen-based electricity supplier and trader Reel raised €15m Series A to make renewable energy more predictable for businesses and profitable for producers. Read more here.
London-based mobile gaming analytics company Kohort raised €5.9m Series A to build AI user acquisition agents for mobile game studios. Read more here.
Delft-based quantum startup FrostByte raised €1.3m to scale cryogenic electronics for quantum computing. Read more here.
🌱 Startup news
London-based semiconductor startup Quinas Technology secured investment approval from Malta Government Venture Capital to support the commercialisation of its memory technology. Read more here.
Dutch automotive remarketing software platform CarCollect secured backing from Main Capital Partners to scale its SaaS platform across Europe. Read more here.
London-based carbon removal marketplace Supercritical secured new funding to expand carbon removal supply development. Read more here.
📣 Fund news
Stockholm-based defence-focused investment company Front Ventures raised €5m to expand its defence technology portfolio across Ukraine and Sweden. Read more here.
🎧 Podcasts
The Scaling Europe Podcast featured James Regan, CEO at Oriole Networks, on using photonic switching to solve the AI data centre bottleneck. Listen here.
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