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	<title>EU-Startups</title>
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	<description>Spotlight on European startups</description>
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	<itunes:explicit>no</itunes:explicit><itunes:image href="http://www.eu-startups.com/wp-includes/images/eu-startups.png"/><itunes:keywords>Europe,Startups,Tech</itunes:keywords><itunes:subtitle>European Startup Podcast</itunes:subtitle><itunes:category text="Technology"><itunes:category text="Gadgets"/></itunes:category><itunes:owner><itunes:email>contact@bcurdy.com</itunes:email></itunes:owner><item>
		<title>Weekly funding round-up! All of the European startup funding rounds we tracked this week (June 15 – June 19)</title>
		<link>https://www.eu-startups.com/2026/06/weekly-funding-round-up-all-of-the-european-startup-funding-rounds-we-tracked-this-week-june-15-june-19/</link>
		
		
		<pubDate>Fri, 19 Jun 2026 15:03:49 +0000</pubDate>
				<category><![CDATA[CLUB]]></category>
		<category><![CDATA[France-Startups]]></category>
		<category><![CDATA[Funding]]></category>
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		<category><![CDATA[2026]]></category>
		<category><![CDATA[Defence]]></category>
		<category><![CDATA[drone]]></category>
		<category><![CDATA[European Fundings]]></category>
		<category><![CDATA[FinTech]]></category>
		<category><![CDATA[funding rounds]]></category>
		<category><![CDATA[sustainability]]></category>
		<category><![CDATA[Venture Capital]]></category>
		<category><![CDATA[weekly funding rounds]]></category>
		<guid isPermaLink="false">https://www.eu-startups.com/?p=359792</guid>

					<description><![CDATA[<p>This article is visible for CLUB members only. If you are already a member but don’t see the content of this article, please login here. If you’re not a CLUB member yet, but you’d like to read members-only content like this one, have unrestricted access to the site and benefit from many additional perks, you [&#8230;]</p>
<p>The post <a href="https://www.eu-startups.com/2026/06/weekly-funding-round-up-all-of-the-european-startup-funding-rounds-we-tracked-this-week-june-15-june-19/">Weekly funding round-up! All of the European startup funding rounds we tracked this week (June 15 – June 19)</a> appeared first on <a href="https://www.eu-startups.com">EU-Startups</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p><span class="notion-enable-hover" data-token-index="1">This article is visible for</span><a class="notion-link-token notion-focusable-token notion-enable-hover" tabindex="0" href="https://www.eu-startups.com/membership-account/membership-levels/" rel="noopener noreferrer" data-token-index="2"><span class="link-annotation-unknown-block-id-2033688563"> CLUB</span></a><span class="notion-enable-hover" data-token-index="3"> members only. If you are already a member but don’t see the content of this article, please login</span><a class="notion-link-token notion-focusable-token notion-enable-hover" tabindex="0" href="https://www.eu-startups.com/login/" rel="noopener noreferrer" data-token-index="4"><span class="link-annotation-unknown-block-id--598979275"> here</span></a><span class="notion-enable-hover" data-token-index="5">. If you’re not a CLUB member yet, but you’d like to read members-only content like this one, have unrestricted access to the site and benefit from many additional perks, you can</span><a class="notion-link-token notion-focusable-token notion-enable-hover" tabindex="0" href="https://www.eu-startups.com/membership-account/membership-levels/" rel="noopener noreferrer" data-token-index="6"><span class="link-annotation-unknown-block-id-2033688563"> sign up here</span></a><span class="notion-enable-hover" data-token-index="7">.</span><!-- notionvc: 746ff1cc-4232-4446-aee4-5908862f8ca6 --></p>
<p>The post <a href="https://www.eu-startups.com/2026/06/weekly-funding-round-up-all-of-the-european-startup-funding-rounds-we-tracked-this-week-june-15-june-19/">Weekly funding round-up! All of the European startup funding rounds we tracked this week (June 15 – June 19)</a> appeared first on <a href="https://www.eu-startups.com">EU-Startups</a>.</p>
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			<dc:creator>contact@bcurdy.com (Olga G. Codina)</dc:creator></item>
		<item>
		<title>Berlin-based Seqana secures €3.2 million to quantify soil health using satellite imagery and machine learning</title>
		<link>https://www.eu-startups.com/2026/06/berlin-based-seqana-secures-e3-2-million-to-quantify-soil-health-using-satellite-imagery-and-machine-learning/</link>
		
		
		<pubDate>Fri, 19 Jun 2026 11:30:34 +0000</pubDate>
				<category><![CDATA[Funding]]></category>
		<category><![CDATA[Germany-Startups]]></category>
		<category><![CDATA[Bayer]]></category>
		<category><![CDATA[Counteract]]></category>
		<category><![CDATA[eAgronom]]></category>
		<category><![CDATA[European Space Agency (ESA)]]></category>
		<category><![CDATA[High-Tech Gründerfonds (HTGF)]]></category>
		<category><![CDATA[Landwirtschaftliche Rentenbank]]></category>
		<category><![CDATA[Monique Meulemans]]></category>
		<category><![CDATA[Pymwymic]]></category>
		<category><![CDATA[Seqana]]></category>
		<category><![CDATA[soil health]]></category>
		<category><![CDATA[Stefan Goenner]]></category>
		<guid isPermaLink="false">https://www.eu-startups.com/?p=359817</guid>

					<description><![CDATA[<p>Seqana, a Berlin-based digital MRV (Monitoring, Reporting and Verification) company that quantifies soil health using satellite imagery and machine learning, has closed a €3.2 million funding round.  The round was led by Pymwymic, joined by existing investors HTGF and Counteract. The round is a mix of venture capital and debt capital, including a startup loan [&#8230;]</p>
<p>The post <a href="https://www.eu-startups.com/2026/06/berlin-based-seqana-secures-e3-2-million-to-quantify-soil-health-using-satellite-imagery-and-machine-learning/">Berlin-based Seqana secures €3.2 million to quantify soil health using satellite imagery and machine learning</a> appeared first on <a href="https://www.eu-startups.com">EU-Startups</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p><span style="font-weight: 400;"><a href="https://www.seqana.com/" target="_blank" rel="noopener"><strong>Seqana</strong></a>, a Berlin-based digital MRV (Monitoring, Reporting and Verification) company that quantifies soil health using satellite imagery and machine learning, has closed a €3.2 million funding round. </span></p>
<p><span style="font-weight: 400;">The round was led by Pymwymic, joined by existing investors HTGF and Counteract. The round is a mix of venture capital and debt capital, including a startup loan from Landwirtschaftliche Rentenbank, and builds on earlier investment from Counteract and HTGF, alongside grant funding from the European Space Agency.</span></p>
<p><span style="font-weight: 400;"><em>“Carbon is core to what we do, and it stays that way. It’s how the market first learned to put a value on soil, and the discipline our measurement is built on. What this round adds is the ability to manage the rest of what healthy soil delivers: yield stability, product quality and ultimately supply chain continuity. Together, that gives companies a far fuller picture of the ground their supply depends on,”</em> said <strong>Stefan Goenner</strong>, co-founder and CEO of Seqana.</span></p>
<p><span style="font-weight: 400;">Founded in 2020, Seqana builds digital MRV tooling to quantify soil health indicators at scale. Its mission is to bring cost-effective, scalable solutions to soil carbon MRV without compromising on accuracy or scientifically rigorous approaches.</span></p>
<p><span style="font-weight: 400;">According to the company, soil health is becoming central to how agrifood and commodity companies manage both climate goals and supply chain risk. It states that soil carbon, a keystone indicator of overall soil health, remains one of the most scalable natural carbon sinks available. </span></p>
<p><span style="font-weight: 400;">Measuring soil carbon levels and their accumulation over time across agricultural lands assesses soil health and can also gauge the effectiveness of regenerative agriculture efforts in the voluntary carbon market (VCM), explains Seqana.</span></p>
<p><span style="font-weight: 400;">Alongside the VCM, soil health is emerging as a measurable financial risk: degradation already costs the EU an estimated €50 billion a year, and more than 60% of European soils are classed as unhealthy (European Commission).</span></p>
<p><span style="font-weight: 400;"><em>“The link to agricultural supply chain resilience is quantifiable. During the 2023 droughts in Europe, French farms using advanced regenerative practices lost just 8% of their yields, against 22% on the least regenerative farms,”</em> mentioned the company. </span></p>
<p><span style="font-weight: 400;">Seqana works with fibre, food, and fuel companies and carbon project developers across millions of hectares, providing insights into soil health through tools like Digital Soil Maps and Soil Sampling Designs. These insights enable customers to credibly track progress on regenerative agriculture, claim CO2 removals, and build supply chain resilience. </span></p>
<p><span style="font-weight: 400;">The company pairs proprietary machine learning models with ground-truth data and satellite imagery to build tools like Digital Soil Maps that quantify soil health for project developers and food, fibre, and fuel companies. </span></p>
<p><span style="font-weight: 400;">Seqana also helped shape the standards for the voluntary carbon market by co-authoring Verra’s VM0042 v3 methodology and Gold Standard’s SOC Model Guidelines. Seqana&#8217;s products, used by clients like Danone, eAgronom, Klim, and Bayer, operate in real-world settings to help project developers and Agrifood companies measure soil carbon on a large scale, with millions of hectares evaluated so far.</span></p>
<p><span style="font-weight: 400;"><em>&#8220;Seqana is turning soil organic carbon from an invisible asset into a measurable one. We are proud to back a technology with the potential to transform how agricultural resilience is understood and rewarded,”</em> said <strong>Monique Meulemans</strong>, Partner at Pymwymic. </span></p>
<p><span style="font-weight: 400;">With this capital, Seqana plans to accelerate the development of its soil carbon MRV tooling while also extending measurement capabilities to additional soil health indicators and carbon pools. These new developments will give customers a clearer picture of how well their regenerative agriculture programs are working and where they should prioritise intervention.</span></p>
<p>The post <a href="https://www.eu-startups.com/2026/06/berlin-based-seqana-secures-e3-2-million-to-quantify-soil-health-using-satellite-imagery-and-machine-learning/">Berlin-based Seqana secures €3.2 million to quantify soil health using satellite imagery and machine learning</a> appeared first on <a href="https://www.eu-startups.com">EU-Startups</a>.</p>
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			<dc:creator>contact@bcurdy.com (Rahul Raj)</dc:creator></item>
		<item>
		<title>Houdini Bio emerges from stealth with €1.7 million to tackle DNA silencing in gene therapies</title>
		<link>https://www.eu-startups.com/2026/06/houdini-bio-emerges-from-stealth-with-e1-7-million-to-tackle-dna-silencing-in-gene-therapies/</link>
		
		
		<pubDate>Fri, 19 Jun 2026 11:07:35 +0000</pubDate>
				<category><![CDATA[Funding]]></category>
		<category><![CDATA[UK-Startups]]></category>
		<category><![CDATA[biotech]]></category>
		<category><![CDATA[Cambridge Enterprise VC]]></category>
		<category><![CDATA[Deep Science Ventures]]></category>
		<category><![CDATA[Houdini Bio]]></category>
		<category><![CDATA[Jonathan Cohen-Gold]]></category>
		<category><![CDATA[London]]></category>
		<category><![CDATA[pre-seed]]></category>
		<category><![CDATA[Primogene]]></category>
		<category><![CDATA[Science Creates]]></category>
		<category><![CDATA[SCVC]]></category>
		<category><![CDATA[Ternary Therapeutics]]></category>
		<category><![CDATA[Tozaro]]></category>
		<category><![CDATA[University of Cambridge]]></category>
		<guid isPermaLink="false">https://www.eu-startups.com/?p=359812</guid>

					<description><![CDATA[<p>British BioTech startup Houdini Bio has exited out of stealth today with approximately €1.7 million (£1.5 million) in pre-Seed funding in order to validate its DNA sequence design infrastructure platform &#8211; engineered to overcome the biological barriers limiting genetic medicines. The round was led by SCVC (the venture arm of Science Creates), with participation from Deep [&#8230;]</p>
<p>The post <a href="https://www.eu-startups.com/2026/06/houdini-bio-emerges-from-stealth-with-e1-7-million-to-tackle-dna-silencing-in-gene-therapies/">Houdini Bio emerges from stealth with €1.7 million to tackle DNA silencing in gene therapies</a> appeared first on <a href="https://www.eu-startups.com">EU-Startups</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p dir="ltr">British BioTech startup <strong><a href="https://www.houdinibio.com/" target="_blank" rel="noopener">Houdini Bio</a> </strong>has exited out of stealth today with approximately €1.7 million (£1.5 million) in pre-Seed funding in order to validate its DNA sequence design infrastructure platform &#8211; engineered to overcome the biological barriers limiting genetic medicines.</p>
<p dir="ltr">The round was led by SCVC (the venture arm of Science Creates), with participation from Deep Science Ventures and the University of Cambridge (Cambridge Enterprise VC). The combined funding enabled Houdini Bio to rapidly validate its technology and achieve projected technical milestones in a third of the predicted time.</p>
<p dir="ltr">&#8220;<em>The industry has made incredible strides, proving genetic medicines can cure previously untreatable diseases, but cellular machinery still rejects these therapies, limiting long term effectiveness and forcing costly, unsafe doses</em>,&#8221; says <strong>Jonathan Cohen-Gold</strong>, CEO and co-founder of Houdini Bio.</p>
<p dir="ltr">&#8220;<em>Our platform introduces a vital shift from trial-and-error screening to repeatable, engineering-driven DNA design. By discovering the molecular rules which allow sequences to escape HUSH, we can rewrite therapeutic DNA to clear cellular checkpoints. We are providing the missing link between these incredible medicines, the market and the patients who need them</em>.”</p>
<p data-start="2760" data-end="3012">Houdini Bio’s pre-Seed sits at the very early end of a 2026 European BioTech funding continuum where capital is increasingly flowing into platform technologies that remove bottlenecks in drug development rather than single therapeutic assets.</p>
<p data-start="3014" data-end="3571">2026. activity suggests that investors are backing infrastructure-layer BioTech companies -spanning AI-driven molecule design (<a href="https://www.eu-startups.com/2026/03/ternary-therapeutics-targets-undruggable-proteins-with-ai-designed-molecular-glues-raising-e4-1-million/">Ternary Therapeutics</a>), gene and cell therapy manufacturing optimisation (<a href="https://www.eu-startups.com/2026/02/platform-designed-to-cut-cell-and-gene-therapy-production-costs-attracts-e6-9-million-for-uk-startup-tozaro/">Tozaro</a>), and synthetic biology platforms (<a href="https://www.eu-startups.com/2026/04/leipzigs-primogene-raises-e4-1-million-to-scale-enzymatic-biomanufacturing-of-complex-bioactive-molecules/">Primogene</a>).</p>
<p data-start="3014" data-end="3571">Houdini Bio fits into this same &#8216;enabling layer&#8217; trend, but is positioned more upstream than most peers by focusing on DNA sequence engineering to bypass cellular silencing mechanisms, rather than downstream manufacturing or specific disease indications.</p>
<p data-start="3573" data-end="3934">Geographically, the strongest clustering appears in the UK (London and Cambridge-adjacent ecosystems), where multiple rounds above €4 million &#8211; €20 million indicate sustained depth in AI-enabled BioTech infrastructure.</p>
<p data-start="3573" data-end="3934">Continental Europe shows a parallel trend in Germany, France, Switzerland, and the Netherlands, particularly in synthetic biology and immunotherapy platforms.</p>
<p dir="ltr">&#8220;<em>Gene therapies really do represent the future of medicine, but they are stuck behind an invisible commercial and biological bottleneck</em>,&#8221; adds <strong>Harry Destecroix</strong>, Founder and Managing Partner of SCVC. &#8220;<em>Houdini Bio represents the exact type of DeepTech infrastructure the ecosystem needs. Solving DNA silencing at the biological root transforms long term efficacy and unit economics, revolutionising the commercial and treatment benefits of gene and cell therapies alike. We are thrilled to back a skilled, ambitious team turning complex biology into a truly usable and scalable solution</em>.&#8221;</p>
<p dir="ltr">Founded in 2025, Houdini Bio is a DeepTech BioTech company providing the critical enabling infrastructure for next-generation genetic medicines.</p>
<p dir="ltr">By combining machine learning with a mechanistic understanding of cellular silencing pathways, Houdini Bio’s DNA rewiring toolkit reportedly allows therapy developers to maximise transgene expression, durability and scalability &#8211; transforming outcomes for patients suffering from blindness, cystic fibrosis, haemophilia, dementia, cancer and more.</p>
<p dir="ltr">While gene and cell therapies are progressing rapidly, the company says their real-world impact is held back by a fundamental biological hurdle: the human cell often mistakes therapeutic DNA for a viral invader.</p>
<p dir="ltr">To protect itself, the cell triggers natural defenses that ‘silence’ the medicine. This premature shutdown limits the treatment&#8217;s long term effectiveness, drives up manufacturing costs and demands high doses which can cause dangerous immune reactions in patients.</p>
<p dir="ltr">Houdini Bio aims to solve this problem at the level of the genetic code itself. By combining machine learning with a deep understanding of cellular defences &#8211; specifically a master silencing mechanism known as the Human Silencing Hub (HUSH) complex &#8211; Houdini Bio has created a toolkit to re-engineer therapeutic DNA.</p>
<p dir="ltr">This approach gives the medicine a genetic camouflage, preserving its medical purpose while making it invisible to the cell&#8217;s defences. The platform uses advanced sequence design to reliably boost gene expression output by more than 10-fold compared to current state-of-the-art methods, ensuring therapies work more efficiently, at lower doses, for longer.</p>
<p dir="ltr">&#8220;<em>Translating the discovery of the HUSH complex into a predictive engineering toolkit is a massive leap forward for translational biology</em>,” says<strong> Tom Payne</strong>, Chief Operating Officer of Laverock Therapeutics and Houdini Bio advisor. “<em>Houdini Bio’s ability to decipher the rules and mechanisms of HUSH and apply them to synthetic biology resolves a multi-decade challenge in molecular medicine, allowing transgenes to predictably escape host repression for the first time</em>.&#8221;</p>
<p dir="ltr">The company says they will maintain momentum to expand its team and scale co-development partnerships with pharma companies, DeepTech innovators and pioneering developers looking to integrate anti-silencing technology into next-generation drug pipelines.</p>
<p>The post <a href="https://www.eu-startups.com/2026/06/houdini-bio-emerges-from-stealth-with-e1-7-million-to-tackle-dna-silencing-in-gene-therapies/">Houdini Bio emerges from stealth with €1.7 million to tackle DNA silencing in gene therapies</a> appeared first on <a href="https://www.eu-startups.com">EU-Startups</a>.</p>
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			<dc:creator>contact@bcurdy.com (David Cendon Garcia)</dc:creator></item>
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		<title>BudapestConnect: The successful launch of a new startup ecosystem gathering</title>
		<link>https://www.eu-startups.com/2026/06/budapestconnect-the-successful-launch-of-a-new-startup-ecosystem-gathering/</link>
		
		
		<pubDate>Fri, 19 Jun 2026 09:50:22 +0000</pubDate>
				<category><![CDATA[Hungary-Startups]]></category>
		<category><![CDATA[Know-How]]></category>
		<category><![CDATA[Other Stuff]]></category>
		<category><![CDATA[BudapestConnect]]></category>
		<category><![CDATA[Evolution Equity Partners]]></category>
		<category><![CDATA[FlorenceConnect]]></category>
		<category><![CDATA[Global Startup Awards]]></category>
		<category><![CDATA[Legora]]></category>
		<category><![CDATA[Martin Olczyk]]></category>
		<category><![CDATA[MeOut]]></category>
		<category><![CDATA[MeOut group]]></category>
		<category><![CDATA[NetworkSmith.io]]></category>
		<category><![CDATA[Óbuda University]]></category>
		<category><![CDATA[OUVC Venture Capital]]></category>
		<category><![CDATA[Puzl CowOrKing]]></category>
		<category><![CDATA[Startup Hungary]]></category>
		<category><![CDATA[Tamás Tüske]]></category>
		<category><![CDATA[TorinoConnect]]></category>
		<guid isPermaLink="false">https://www.eu-startups.com/?p=359808</guid>

					<description><![CDATA[<p>On the 18th June, Budapest hosted the first edition of BudapestConnect, with more than 150 founders, investors, operators, students and ecosystem builders attending the launch &#8211; the event was fully booked out days in advance, with a waitlist running until the last moment. EU-Startups was happy to be involved in this unique ecosystem gathering, along [&#8230;]</p>
<p>The post <a href="https://www.eu-startups.com/2026/06/budapestconnect-the-successful-launch-of-a-new-startup-ecosystem-gathering/">BudapestConnect: The successful launch of a new startup ecosystem gathering</a> appeared first on <a href="https://www.eu-startups.com">EU-Startups</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p>On the 18th June, Budapest hosted the first edition of BudapestConnect, with more than 150 founders, investors, operators, students and ecosystem builders attending the launch &#8211; the event was fully booked out days in advance, with a waitlist running until the last moment.</p>
<p>EU-Startups was happy to be involved in this unique ecosystem gathering, along with MeOut Group, Óbuda University, OUVC Venture Capital, Global Startup Awards, Startup Hungary, NetworkSmith.io, and Puzl CowOrKing.</p>
<p>&#8220;<em>This is exactly the kind of bridge the European ecosystem needs</em>,&#8221; noted <strong>Martin Olczyk</strong>, founder. &#8220;<em>Talent and ambition are everywhere in CEE, what&#8217;s been missing is the connective tissue. Tonight proved how much appetite there is for it.</em>&#8221;</p>
<p>This event is different in its approach to the standard startup gatherings. It did not feature any panels or pitches, but instead is was built around the idea of brining ambitious people into one room and allowing real conversations to flow naturally.</p>
<p>&#8220;<em>We wanted quality over quantity, meaningful conversations and real connections, or simply networking without working</em>,&#8221; as the organising team likes to put it.</p>
<p>Founders and investors travelled in from Italy, Poland, Czechia, Slovakia, the UK, Germany and beyond, alongside the local Hungarian community, a genuine cross-section of the wider CEE ecosystem connecting with each other and with Western Europe.</p>
<p>A special highlight was the presence of a guest all the way from New York: Evolution Equity Partners, with €1.3 billion ($1.6 billion) in AUM and investments in 13 unicorns, including European AI champion Legora.</p>
<p><iframe title="BudapestConnect - June 18, 2026" width="696" height="392" src="https://www.youtube.com/embed/D6QEbP4TaCo?feature=oembed" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" referrerpolicy="strict-origin-when-cross-origin" allowfullscreen></iframe></p>
<p>BudapestConnect is the natural next chapter of TorinoConnect, the Italian movement that has already brought hundreds of people together and inspired spin-offs like FlorenceConnect.</p>
<p>The vision is bigger than one city, to build bridges between Torino, Budapest, Warsaw, Milano and the rest of the world.</p>
<p>&#8220;<em>It&#8217;s important to bring the ecosystem together, because the CEE region has everything it needs to compete globally, the talent, the ambition, the ideas, but none of that matters without the right connections. Events like BudapestConnect are how we close that gap,</em>&#8221; says <strong>Tamás Tüske</strong>, Chief Innovation Officer at MeOut Group</p>
<p>The first edition was made possible by a wide collaboration between several players of the startup ecosystem: universities, VC firms, media, awards and community builders joining forces to make it happen.</p>
<p>With the first edition booked out and the international momentum building, one thing is clear: this is only the beginning. And your city might be next.</p>
<p>For those interested in startup ecosystem gatherings, don&#8217;t forget to check out the <strong><a href="https://meoutsummit.com/" target="_blank" rel="noopener">MeOut Summit</a></strong>, taking place in Budapest from the 25-26 of November.</p>
<p>The post <a href="https://www.eu-startups.com/2026/06/budapestconnect-the-successful-launch-of-a-new-startup-ecosystem-gathering/">BudapestConnect: The successful launch of a new startup ecosystem gathering</a> appeared first on <a href="https://www.eu-startups.com">EU-Startups</a>.</p>
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			<dc:creator>contact@bcurdy.com (David Cendon Garcia)</dc:creator></item>
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		<title>Ghent-based Adomate raises €1.4 million to help marketers create AI-powered social media ads at scale</title>
		<link>https://www.eu-startups.com/2026/06/ghent-based-adomate-raises-e1-4-million-to-help-marketers-create-ai-powered-social-media-ads-at-scale/</link>
		
		
		<pubDate>Fri, 19 Jun 2026 09:00:55 +0000</pubDate>
				<category><![CDATA[Belgium-Startups]]></category>
		<category><![CDATA[Funding]]></category>
		<category><![CDATA[Adomate]]></category>
		<category><![CDATA[Angelwise]]></category>
		<category><![CDATA[Jeroen De Wit]]></category>
		<category><![CDATA[Jo Deblaere]]></category>
		<category><![CDATA[Johnny Kegels]]></category>
		<category><![CDATA[Lucas Desard]]></category>
		<category><![CDATA[RDY Ventures]]></category>
		<category><![CDATA[Seeder Fund]]></category>
		<category><![CDATA[Simon Logghe]]></category>
		<category><![CDATA[Start it @KBC]]></category>
		<category><![CDATA[Stefan Tournoy]]></category>
		<category><![CDATA[Willem Dumon]]></category>
		<guid isPermaLink="false">https://www.eu-startups.com/?p=359797</guid>

					<description><![CDATA[<p>Adomate, a Ghent-based AI startup helping marketing teams create social media ads more efficiently, has raised €1.4 million to support its international expansion and continued product development. Participants in the round include Angelwise, RDY Ventures, and Seeder Fund, along with Jo Deblaere (former Accenture executive), Jeroen De Wit (Teamleader), Willem Dumon (Fleetmaster), Johnny Kegels (PR [&#8230;]</p>
<p>The post <a href="https://www.eu-startups.com/2026/06/ghent-based-adomate-raises-e1-4-million-to-help-marketers-create-ai-powered-social-media-ads-at-scale/">Ghent-based Adomate raises €1.4 million to help marketers create AI-powered social media ads at scale</a> appeared first on <a href="https://www.eu-startups.com">EU-Startups</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p><span style="font-weight: 400;"><a href="https://www.adomate.com/" target="_blank" rel="noopener"><strong>Adomate</strong></a>, a Ghent-based AI startup helping marketing teams create social media ads more efficiently, has raised €1.4 million to support its international expansion and continued product development.</span></p>
<p><span style="font-weight: 400;">Participants in the round include Angelwise, RDY Ventures, and Seeder Fund, along with Jo Deblaere (former Accenture executive), Jeroen De Wit (Teamleader), Willem Dumon (Fleetmaster), Johnny Kegels (PR Force), Stefan Tournoy (founder of Vente Exclusive), and ML6.</span></p>
<p><span style="font-weight: 400;"><em>&#8220;Advertising platforms increasingly reward brands that can deliver a high volume of creative, relevant, and diverse campaigns. Marketing teams have access to more data than ever before, but often lack the time and resources to translate those insights into enough new creatives. Adomate provides the means for teams to create better-performing ads at scale,”</em> said <strong>Simon Logghe</strong>, CEO and co-founder of Adomate. </span></p>
<p><span style="font-weight: 400;">Founded in 2024by former ML6 colleagues Simon Logghe and Lucas Desard, Adomate is an ad creation data platform that helps marketers create social media advertising at scale. The company states that it combines performance data, competitor analysis, and consumer behaviour insights to enable brands to produce more advertising variations faster and improve marketing performance based on real-world data. </span></p>
<p><span style="font-weight: 400;">The company states that consumer ad fatigue, along with the algorithms used by platforms like Meta and TikTok, are compelling brands to release new advertising creatives at an unprecedented pace. Consequently, marketing teams face increased pressure to generate more content quickly and to continually test new angles and concepts. </span></p>
<p><span style="font-weight: 400;">Adomate claims that it has developed technology to address this challenge specifically. The company originally operated as an agency, using its AI technology internally to develop campaigns for clients. </span></p>
<p><span style="font-weight: 400;">It eventually evolved into a software platform that enables marketing teams to create custom workflows combining performance data, competitor insights, and consumer behaviour to generate higher-performing advertisements faster. The company is a Meta Verified Tech Provider and a LinkedIn Verified API Partner. </span></p>
<p><span style="font-weight: 400;">The company highlights that teams use Adomate to produce 5–10x more creative without adding headcount, turn research into concepts in minutes, not days, improve creative performance with data-backed ideas, and capture and scale their creative strategy as a system</span></p>
<p><span style="font-weight: 400;">With this capital, the company plans to accelerate its international growth, expand its team, and further develop the platform with new integrations and capabilities. Upcoming features include a </span><span style="font-weight: 400;">Reddit integration and tools designed to streamline collaborations between brands and content creators.</span></p>
<p><span style="font-weight: 400;">Adomate reports that over the past year, the company has grown rapidly, serving more than 50 customers, including Loop Earplugs. Adomate was also recognised with the Rising Star Award from Start it @KBC.</span></p>
<p>The post <a href="https://www.eu-startups.com/2026/06/ghent-based-adomate-raises-e1-4-million-to-help-marketers-create-ai-powered-social-media-ads-at-scale/">Ghent-based Adomate raises €1.4 million to help marketers create AI-powered social media ads at scale</a> appeared first on <a href="https://www.eu-startups.com">EU-Startups</a>.</p>
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			<dc:creator>contact@bcurdy.com (Rahul Raj)</dc:creator></item>
		<item>
		<title>Quantum Systems and Tencore expand defence robotics production with new German manufacturing hub</title>
		<link>https://www.eu-startups.com/2026/06/quantum-systems-and-tencore-expand-defence-robotics-production-with-new-german-manufacturing-hub/</link>
		
		
		<pubDate>Fri, 19 Jun 2026 08:33:04 +0000</pubDate>
				<category><![CDATA[Germany-Startups]]></category>
		<category><![CDATA[Startups in general]]></category>
		<category><![CDATA[airhub]]></category>
		<category><![CDATA[Build with Ukraine]]></category>
		<category><![CDATA[DefenceTech]]></category>
		<category><![CDATA[European Investment Bank (EIB)]]></category>
		<category><![CDATA[German Ministry of Defence]]></category>
		<category><![CDATA[Hendrik Kramer]]></category>
		<category><![CDATA[Mutable Tactics]]></category>
		<category><![CDATA[nato]]></category>
		<category><![CDATA[Occam]]></category>
		<category><![CDATA[quantum systems]]></category>
		<category><![CDATA[Quantum Tencore Industries]]></category>
		<category><![CDATA[Tencore]]></category>
		<category><![CDATA[TerMIT]]></category>
		<category><![CDATA[unmanned ground vehicle (UGV)]]></category>
		<guid isPermaLink="false">https://www.eu-startups.com/?p=359794</guid>

					<description><![CDATA[<p>Quantum Tencore Industries (QTI), the joint venture between German startup Quantum Systems and Ukrainian UGV manufacturer Tencore, was selected for the delivery of 2,000 TerMIT unmanned ground vehicles (UGVs) to the Ukrainian Armed Forces over the next 12 months. QTI is the second German-Ukrainian joint venture between the two companies under the “Build with Ukraine” initiative and [&#8230;]</p>
<p>The post <a href="https://www.eu-startups.com/2026/06/quantum-systems-and-tencore-expand-defence-robotics-production-with-new-german-manufacturing-hub/">Quantum Systems and Tencore expand defence robotics production with new German manufacturing hub</a> appeared first on <a href="https://www.eu-startups.com">EU-Startups</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p>Quantum Tencore Industries (QTI), the joint venture between German startup <a href="https://quantum-systems.com/" target="_blank" rel="noopener"><strong>Quantum Systems</strong></a> and Ukrainian UGV manufacturer <strong><a href="https://tencore.com.ua/" target="_blank" rel="noopener">Tencore</a></strong>, was selected for the delivery of 2,000 TerMIT unmanned ground vehicles (UGVs) to the Ukrainian Armed Forces over the next 12 months.</p>
<p>QTI is the second German-Ukrainian joint venture between the two companies under the “<em>Build with Ukraine</em>” initiative and will manufacture the Ukrainian-designed systems in Germany.</p>
<p><strong>Hendrik Kramer</strong>, Managing Director of Quantum Tencore Industries, says: “<em>Over the past 12 months, UGVs have fundamentally changed battlefield operations in Ukraine, from logistics and casualty evacuation to frontline combat missions. By combining battle-proven Ukrainian ground systems with German industrial scale, QTI is contributing to build strategic capacity in one of the most important emerging capabilities of modern warfare</em>.”</p>
<p>Today&#8217;s announcement arrives at a time of sustained growth for Quantum Systems, who earlier this year received <a href="https://www.eu-startups.com/2026/02/quantum-systems-continues-its-expansion-amid-rising-european-drone-competition-secures-e150-million-financing-package/" target="_blank" rel="noopener">a €150 million financing package</a> from the European Investment Bank (EIB) &#8211; following a <a href="https://www.eu-startups.com/2025/11/quantum-systems-passes-e3-billion-valuation-with-e180-million-injection-backing-its-nato-deployed-platforms/" target="_blank" rel="noopener">€3 billion valuation</a> in late 2025.</p>
<p>The European DefenceTech sector itself is no slouch either, showing signs of parallel growth as a whole.</p>
<p data-start="2453" data-end="2928">Across 2026, defence-adjacent robotics and unmanned systems funding is characterised by niche autonomy capabilities: drone software orchestration (<a href="https://www.eu-startups.com/2026/04/dutch-startup-airhub-secures-e4-4-to-build-mission-critical-drone-software-for-europes-security-and-defence-operations/">AirHub</a>), battlefield autonomy algorithms (<a href="https://www.eu-startups.com/2026/03/cambridge-based-mutable-tactics-closes-e1-8-million-pre-seed-to-power-coordinated-drone-team-autonomy-using-ai/">Mutable Tactics</a>, <a href="https://www.eu-startups.com/2026/02/london-based-defencetech-startup-occam-raises-e3-million-to-support-frontline-drone-autonomy-in-ukraine/">Occam</a>), physical AI infrastructure (<a href="https://www.eu-startups.com/2026/03/italys-ai-robotics-startup-mirai-robotics-raises-e3-6-million-to-build-autonomous-systems-for-maritime-operations/">Mirai Robotics</a>), and counter-UAS technologies (<a href="https://www.eu-startups.com/2026/02/danish-defensetech-startup-shotling-targets-fpv-drones-as-it-raises-e700k-for-rotary-shotgun/">Shotling</a>), alongside scale-ups in surveillance and intelligence systems like <a href="https://www.eu-startups.com/2026/04/finlands-kelluu-raises-e15-million-series-a-led-by-nato-innovation-fund-to-advance-persistent-aerial-intelligence/">Kelluu</a>.</p>
<p><strong>Maksym Vasylchenko</strong>, co-founder and CEO of Tencore, adds: “<em>Ukrainian engineers have developed highly effective ground robotic systems under real operational conditions. With Quantum Systems, we now have the industrial partner to scale these systems in Germany, expand production, and ensure reliable delivery to Ukrainian forces</em>.”</p>
<p>The two companies behind QTI share a focus on interoperable unmanned defence systems, combining Quantum Systems’ aerial autonomy and software expertise with TENCORE’s battlefield-proven ground robotics.</p>
<ul>
<li>Founded in 2015, Gilching-based Quantum Systems develops, produces and deploys interoperable unmanned systems. Through MOSAIC UXS, its software backbone for unmanned operations, Quantum Systems connects platforms, sensors, counter-UXS systems, drone ports and partner technologies into one interoperable system.</li>
<li>Founded in 2024, TENCORE is a Ukrainian developer and manufacturer of defence technologies, specialising in ground robotic systems created in close collaboration with military units. TerMIT is Tencore’s flagship unmanned ground vehicle, designed to operate under hostile fire. With over 3,000 platforms deployed in combat and a monthly production capacity of 300+ units, TENCORE’s solutions are used by more than 50 brigades.</li>
</ul>
<p>QTI combines Ukrainian battlefield innovation with German industrial scale, creating a manufacturing and delivery model capable of bringing proven ground robotic systems into production at the pace and volume required by modern defence forces.</p>
<p>Funded by the German Ministry of Defence, the programme will provide the first contract for QTI and enable the immediate ramp-up of manufacturing activities in Germany.</p>
<p>Production will be carried out in cooperation with an established industrial partner, allowing rapid integration into existing manufacturing infrastructure while strengthening industrial capacity and supporting skilled employment in Germany.</p>
<p>The programme builds on Quantum Systems’ long-standing presence in Ukraine and follows the co-production model established through Quantum Frontline Industries under the “<em>Build with Ukraine</em>” initiative.</p>
<p>According to the companies, it represents one of the largest known procurements of unmanned ground vehicles in Europe to date and reflects the growing operational importance of ground robotics in modern military operations.</p>
<p>TerMIT is a modular, frontline-proven, multi-role tracked UGV. It is designed to execute a wide range of ground missions, including logistics, field support, evacuation, and engineering tasks. Since 2023, TerMIT has proven itself in thousands of missions in Ukraine.</p>
<p>It is designed as a software-defined ground system, enabling continuous capability growth through software rather than hardware changes.</p>
<p>Fully integrated into Quantum Systems&#8217; MOSAIC UXS platform, the UGV benefits from ongoing development cycles that introduce new functions, optimisations, and integrations over time.</p>
<p>The post <a href="https://www.eu-startups.com/2026/06/quantum-systems-and-tencore-expand-defence-robotics-production-with-new-german-manufacturing-hub/">Quantum Systems and Tencore expand defence robotics production with new German manufacturing hub</a> appeared first on <a href="https://www.eu-startups.com">EU-Startups</a>.</p>
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			<dc:creator>contact@bcurdy.com (David Cendon Garcia)</dc:creator></item>
		<item>
		<title>Copenhagen-based Festina Finance secures over €25 million to modernise pensions and life insurance platforms</title>
		<link>https://www.eu-startups.com/2026/06/copenhagen-based-festina-finance-secures-over-e25-million-to-modernise-pensions-and-life-insurance-platforms/</link>
		
		
		<pubDate>Fri, 19 Jun 2026 06:59:04 +0000</pubDate>
				<category><![CDATA[Denmark-Startups]]></category>
		<category><![CDATA[Funding]]></category>
		<category><![CDATA[B2B technology]]></category>
		<category><![CDATA[Birchway Capital]]></category>
		<category><![CDATA[Festina Finance]]></category>
		<category><![CDATA[FinTech]]></category>
		<category><![CDATA[Kilian Pender]]></category>
		<category><![CDATA[life insurance]]></category>
		<category><![CDATA[Morten Schantz]]></category>
		<category><![CDATA[Netcompany]]></category>
		<category><![CDATA[Pension]]></category>
		<guid isPermaLink="false">https://www.eu-startups.com/?p=359783</guid>

					<description><![CDATA[<p>Festina Finance, a Copenhagen-based FinTech startup that provides cloud-native modular technology platforms for pensions, life insurance and financial planning, has secured over €25 million in growth investment.  The company secured this investment from Birchway Capital, a UK-based growth equity investor focused on B2B technology, FinTech and AI businesses. The transaction values the company at approximately [&#8230;]</p>
<p>The post <a href="https://www.eu-startups.com/2026/06/copenhagen-based-festina-finance-secures-over-e25-million-to-modernise-pensions-and-life-insurance-platforms/">Copenhagen-based Festina Finance secures over €25 million to modernise pensions and life insurance platforms</a> appeared first on <a href="https://www.eu-startups.com">EU-Startups</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p><span style="font-weight: 400;"><a href="https://www.festinafinance.com/" target="_blank" rel="noopener"><strong>Festina Finance</strong></a>, a Copenhagen-based FinTech startup that provides cloud-native modular technology platforms for pensions, life insurance and financial planning, has secured over €25 million in growth investment. </span></p>
<p><span style="font-weight: 400;">The company secured this investment from <a href="https://www.birchwaycapital.com/" target="_blank" rel="noopener"><strong>Birchway Capital</strong></a>, a UK-based growth equity investor focused on B2B technology, FinTech and AI businesses. The transaction values the company at approximately €200 million.</span></p>
<p><span style="font-weight: 400;"><strong>Morten Schantz</strong>, Founder of Festina Finance, said, <em>&#8220;The pensions and life insurance industry is undergoing a major technology transformation, driven by the need to replace legacy infrastructure with more modern, flexible platforms.</em></span></p>
<p><em><span style="font-weight: 400;">&#8220;Our focus at Festina Finance has been on building cloud-native modular systems that allow providers to adapt more quickly, improve operational efficiency and deliver better outcomes for members without ever compromising resilience or control. This investment enables us to accelerate that work and scale our platform across Europe as demand for modern pensions infrastructure continues to grow.&#8221;</span></em></p>
<p><span style="font-weight: 400;">Founded in 2007, Festina Finance is a system-of-record technology platform for pensions, life insurance and financial planning. </span></p>
<p><span style="font-weight: 400;">The company states that its cloud-native solutions help pension funds, life insurers, banks, wealth managers and financial advisers modernise critical operations, improve efficiency, and deliver better customer experiences.</span></p>
<p><span style="font-weight: 400;">The startup’s flagship Life &amp; Pension platform provides modular policy administration capabilities for pension and life insurance providers, while its Advisor platform delivers an API-first advisory workbench for investment professionals. </span></p>
<p><span style="font-weight: 400;"><strong>Kilian Pender</strong>, Founding Partner at Birchway Capital, said, <em>&#8220;Festina Finance has built a strong platform in a market where many pension providers and life insurers are still reliant on legacy systems. Our discussions with customers confirmed the strength of the technology and the importance of its role in modernising mission-critical operations. </em></span></p>
<p><em><span style="font-weight: 400;">“We see a clear opportunity as providers move away from fragmented, ageing infrastructure towards integrated, cloud-based platforms. The scale of the market opportunity, combined with the quality of the Festina Finance team, means we believe they are strongly positioned to continue as a leading technology partner to pension and life insurance providers across Europe.&#8221;</span></em></p>
<p><span style="font-weight: 400;">With this capital, the company plans to support the next phase of its growth, including continued development of its life and pension platform, expansion of its team and international growth, with the UK identified as a key strategic market.</span></p>
<p><span style="font-weight: 400;">Netcompany, a shareholder in Festina Finance, will hold a 22% stake following the investment. The two companies will continue to work closely together, with Festina Finance’s core pension capabilities integrated into AMPLIO Life &amp; Pension and further collaboration delivered through Netcompany Banking Services via Festina Advisor. </span></p>
<p><span style="font-weight: 400;">Festina Finance’s platforms currently support customers responsible for approximately 10 million pension policies and 3 million banking customers across Europe. The company employs more than 200 people and operates in Denmark, the Netherlands, the UK and Norway.</span></p>
<p>The post <a href="https://www.eu-startups.com/2026/06/copenhagen-based-festina-finance-secures-over-e25-million-to-modernise-pensions-and-life-insurance-platforms/">Copenhagen-based Festina Finance secures over €25 million to modernise pensions and life insurance platforms</a> appeared first on <a href="https://www.eu-startups.com">EU-Startups</a>.</p>
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			<dc:creator>contact@bcurdy.com (Rahul Raj)</dc:creator></item>
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		<title>Vienna’s SOMAREALITY secures over €3 million to power real-time cognitive monitoring through eye tracking</title>
		<link>https://www.eu-startups.com/2026/06/viennas-somareality-secures-over-e3-million-to-power-real-time-cognitive-monitoring-through-eye-tracking/</link>
		
		
		<pubDate>Fri, 19 Jun 2026 05:26:39 +0000</pubDate>
				<category><![CDATA[Austria-Startups]]></category>
		<category><![CDATA[Funding]]></category>
		<category><![CDATA[Adrian Brodesser]]></category>
		<category><![CDATA[Alin Stanciu]]></category>
		<category><![CDATA[Catalyst Romania]]></category>
		<category><![CDATA[Cognitive Research]]></category>
		<category><![CDATA[gateway ventures]]></category>
		<category><![CDATA[Michel Varilek]]></category>
		<category><![CDATA[Moondust Ventures]]></category>
		<category><![CDATA[MT-Lab]]></category>
		<category><![CDATA[RDY Ventures]]></category>
		<category><![CDATA[SOMAREALITY]]></category>
		<category><![CDATA[wearable]]></category>
		<guid isPermaLink="false">https://www.eu-startups.com/?p=359779</guid>

					<description><![CDATA[<p>SOMAREALITY, a Vienna-based software company that provides eye tracking algorithms to measure cognitive states in real-time, has secured over €3 million in an oversubscribed Series A round.  The round was led by Catalyst Romania, with participation from the company’s existing investors MT-Lab, RDY Ventures, Moondust Ventures and Gateway Ventures. This marks the 13th investment for [&#8230;]</p>
<p>The post <a href="https://www.eu-startups.com/2026/06/viennas-somareality-secures-over-e3-million-to-power-real-time-cognitive-monitoring-through-eye-tracking/">Vienna’s SOMAREALITY secures over €3 million to power real-time cognitive monitoring through eye tracking</a> appeared first on <a href="https://www.eu-startups.com">EU-Startups</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p><span style="font-weight: 400;"><a href="https://somareality.com/" target="_blank" rel="noopener"><strong>SOMAREALITY</strong></a>, a Vienna-based software company that provides eye tracking algorithms to measure cognitive states in real-time, has secured over €3 million in an oversubscribed Series A round. </span></p>
<p><span style="font-weight: 400;">The round was led by Catalyst Romania, with participation from the company’s existing investors MT-Lab, RDY Ventures, Moondust Ventures and Gateway Ventures. This marks the 13th investment for Catalyst Romania Fund II. </span></p>
<p><span style="font-weight: 400;"><strong>Adrian Brodesser</strong>, co-founder of SOMAREALITY, said, <em>“With our presence in B2B and the trust put in us by our clients and partners, we’ve proven that cognitive insights based on eye tracking is here to stay. Now, with persisting interest in personalised health as a whole and renewed interest in wearable eye tracking technology, we’re bringing our scientific underpinning to B2C and thereby to anyone who has always wanted to understand how their mind works but has never been able to outside of the lab.”</em></span></p>
<p><span style="font-weight: 400;">Founded in 2020 by Brodesser and Michel Varilek, SOMAREALITY is a DeepTech startup that is on a mission to redefine what it means to understand cognitive processes, such as cognitive load, attention, perception, fatigue and overall performance based on eye tracking technology. It offers real-time insights into cognitive states based on eye tracking data.</span></p>
<p><span style="font-weight: 400;">Explaining how eye tracking enables cognitive insights, the startup mentions that it analyses eye movements closely linked to cognitive functions such as attention, memory, and decision-making. Specific patterns, like saccades or fixations, can indicate how information is processed and which cognitive tasks are engaged.</span></p>
<p><span style="font-weight: 400;">The company states that the solution is hardware agnostic and developed as a white-box approach, enabling accurate and personalised insights after only a few seconds of data. After launching its flagship product, Cognitive Load, the company has followed up with innovation in conscious perception, attention measurement, fatigue onset and soon overall cognitive performance and health.  </span></p>
<p><span style="font-weight: 400;">It offers its solution both as a local integration and as a web-based service. In addition, it is currently actualising on-chip deployment so that the technology can run seamlessly on any pair of wearable glasses.  </span></p>
<p><span style="font-weight: 400;">SOMAREALITY reports over €2 million in revenue in B2B since the go-to-market with its first biomarker in 2024 and growing traction in high-risk industries such as aviation, healthcare, professional sports and in general research.  In 2025, it had more than doubled its revenue compared to the previous year, driven by strategic partnerships with global leaders in eye tracking hardware solutions as well as software distributors across all continents.</span></p>
<p><span style="font-weight: 400;"><strong>Alin Stanciu</strong>, Partner at Catalyst Romania, said, <em>“At Catalyst Romania, we aim to partner with companies that don’t just improve what already exists, but rethink entire industries – and SOMAREALITY is doing exactly that. By turning eye-tracking data into real-time insights about how people think, they are opening up a new way to better understand the human mind, with impact far beyond current use cases.</em></span></p>
<p><span style="font-weight: 400;">“</span><i><span style="font-weight: 400;">We believe this shift – from simply observing behaviour to truly understanding how people think – has the potential to reshape sectors from healthcare to human performance and beyond. With this being our third investment in Central and Eastern Europe outside Romania, we’re excited to support the team as they build a global leader at the intersection of science and practical human insight. We have strong confidence in their ability to execute, their scientific expertise and their ambition to define this new space.”</span></i></p>
<p><span style="font-weight: 400;">The company intends to allocate this capital directly to three key strategic initiatives for 2026 and beyond: expansion of existing B2B segments, supporting newly launched longitudinal studies to measure and predict cognitive health and human performance over time, and, last but not least, powering a brand extension into B2C, reaching a whole new market. </span></p>
<p>The post <a href="https://www.eu-startups.com/2026/06/viennas-somareality-secures-over-e3-million-to-power-real-time-cognitive-monitoring-through-eye-tracking/">Vienna’s SOMAREALITY secures over €3 million to power real-time cognitive monitoring through eye tracking</a> appeared first on <a href="https://www.eu-startups.com">EU-Startups</a>.</p>
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			<dc:creator>contact@bcurdy.com (Rahul Raj)</dc:creator></item>
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		<title>FPE Capital closes Fund IV first round with €46 million cornerstone investment from British Business Bank</title>
		<link>https://www.eu-startups.com/2026/06/fpe-capital-closes-fund-iv-first-round-with-e46-million-cornerstone-investment-from-british-business-bank/</link>
		
		
		<pubDate>Thu, 18 Jun 2026 14:46:24 +0000</pubDate>
				<category><![CDATA[Funding]]></category>
		<category><![CDATA[UK-Startups]]></category>
		<category><![CDATA[Adam Kelly]]></category>
		<category><![CDATA[Blair McDougall]]></category>
		<category><![CDATA[British Business Bank]]></category>
		<category><![CDATA[DFF Ventures]]></category>
		<category><![CDATA[FPE Capital]]></category>
		<category><![CDATA[Fund IV]]></category>
		<category><![CDATA[oss ventures]]></category>
		<category><![CDATA[Transition Ventures]]></category>
		<guid isPermaLink="false">https://www.eu-startups.com/?p=359751</guid>

					<description><![CDATA[<p>The British Business Bank (BBB) has announced a cornerstone commitment of €46 million (£40 million) to FPE Capital’s Fund IV, to support high growth smaller businesses across the UK and Ireland. The BBB previously committed €23 million (£20 million) to FPE’s Fund II in 2017 and this latest commitment to Fund IV forms part of [&#8230;]</p>
<p>The post <a href="https://www.eu-startups.com/2026/06/fpe-capital-closes-fund-iv-first-round-with-e46-million-cornerstone-investment-from-british-business-bank/">FPE Capital closes Fund IV first round with €46 million cornerstone investment from British Business Bank</a> appeared first on <a href="https://www.eu-startups.com">EU-Startups</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p style="font-weight: 400;">The British Business Bank (BBB) has announced a cornerstone commitment of €46 million (£40 million) to <a href="https://www.fpecapital.com/" target="_blank" rel="noopener">FPE Capital</a>’s Fund IV, to support high growth smaller businesses across the UK and Ireland.</p>
<p style="font-weight: 400;">The BBB previously committed €23 million (£20 million) to FPE’s Fund II in 2017 and this latest commitment to Fund IV forms part of a first close which surpasses the total size of the predecessor fund.</p>
<p><strong>Adam Kelly</strong>, Managing Director and Co-Head of Funds, British Business Bank says: “<em>There is a significant funding gap in the lower-mid-market, particularly for those smaller businesses that have outgrown early-stage funding. FPE is helping to address this by providing a flexible solution for businesses at a critical stage of their growth journey. By backing firms like FPE through our expanded mandate, the Bank is increasing the supply of capital available to UK businesses ready to move into their next phase of growth</em>.”</p>
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<p data-start="0" data-end="1348" data-is-last-node="" data-is-only-node="">When analysing 2026 capital activity, funds such as <a href="https://www.eu-startups.com/2026/04/dff-ventures-e70-million-fund-iii-signals-strong-european-pre-seed-investment-trends-in-2026/" target="_blank" rel="noopener">DFF Ventures</a> (€70 million Fund III), <a href="https://www.eu-startups.com/2026/02/oss-ventures-unveils-new-e75-million-fund-to-expand-european-and-us-industrial-software-portfolio/" target="_blank" rel="noopener">OSS Ventures</a> (€75 million), and <a href="https://www.eu-startups.com/2026/05/transition-ventures-raises-e128-million-fund-ii-for-early-stage-companies-at-the-intersection-of-ai-and-the-physical-world/">Transition Ventures</a> (€128 million Fund II) illustrate continued momentum in European VC fundraising, particularly across AI-enabled software, industrial tech, and early-stage DeepTech strategies.</p>
<p data-start="0" data-end="1348" data-is-last-node="" data-is-only-node="">These managers operate primarily in the early-stage venture segment &#8211; Seed through Series A &#8211; where capital is being deployed into software-first transformation of traditional industries and emerging AI–physical system convergence.</p>
<p data-start="0" data-end="1348" data-is-last-node="" data-is-only-node="">In contrast, the BBB’s €46 million cornerstone commitment to FPE Capital Fund IV sits further along the capital lifecycle, targeting lower-mid-market B2B software and services companies that are already revenue-generating but require growth equity to scale.</p>
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<p><strong>Blair McDougall</strong>, Minister for Small Business and Economic Transformation adds, “<em>Through our Modern Industrial Strategy, we are unlocking the investment high-growth firms need to thrive and compete from the UK.</em></p>
<p>“<em>This support is focused on the most ambitious SMEs in key sectors, enabling them to scale up, create high-quality jobs and power growth, and raise living standards across the UK</em>.”</p>
<p>Founded in 2016, FPE is a specialist private equity investor that focuses on scaling B2B software, data and software services businesses.</p>
<p>It typically invests in companies across the UK and Ireland with enterprise values of €11 million €11 million (£10 million) &#8211; €86 million (£75 million). This fund will continue to target founder-led businesses, often as the first institutional investor.</p>
<p style="font-weight: 400;">Today&#8217;s commitment is made under the BBB&#8217;s growth equity strategy. This expanded mandate enables them to invest in lower-mid-market private equity funds backing smaller businesses that are aligned with the Government’s eight growth-driving Industrial Strategy sectors.</p>
<p>According to the BBB, their core programmes support €26 billion (£23 billion) of finance to almost 64,000 smaller businesses.</p>
<p style="font-weight: 400;">Operating on a fully commercial basis, the growth equity strategy aims to crowd in additional private capital to unlock scale-up finance for UK companies and strengthen regional growth across key sectors of the economy.</p>
<p style="font-weight: 400;"><strong>Richard Coldwell</strong>, Investment Director, Funds, British Business Bank says, “<em>FPE is a specialist growth investor with a strong track record in scaling UK software, data and software services businesses. The Bank’s commitment will ensure that growth capital is channelled to high potential companies entering the next stage of their growth journey. By focusing on the Digital and Technology, and Professional and Business Services sectors of the Industrial Strategy, FPE will contribute to creating high-value jobs and driving economic growth across UK.</em>”</p>
<p>The post <a href="https://www.eu-startups.com/2026/06/fpe-capital-closes-fund-iv-first-round-with-e46-million-cornerstone-investment-from-british-business-bank/">FPE Capital closes Fund IV first round with €46 million cornerstone investment from British Business Bank</a> appeared first on <a href="https://www.eu-startups.com">EU-Startups</a>.</p>
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			<dc:creator>contact@bcurdy.com (David Cendon Garcia)</dc:creator></item>
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		<title>Budapest’s brightest: 10 Hungarian startups making us take notice</title>
		<link>https://www.eu-startups.com/2026/06/budapests-brightest-10-hungarian-startups-making-us-take-notice/</link>
		
		
		<pubDate>Thu, 18 Jun 2026 13:58:56 +0000</pubDate>
				<category><![CDATA[Hungary-Startups]]></category>
		<category><![CDATA[Know-How]]></category>
		<category><![CDATA[Other Stuff]]></category>
		<category><![CDATA[ABZ Innovation]]></category>
		<category><![CDATA[Allonic]]></category>
		<category><![CDATA[Axoflow]]></category>
		<category><![CDATA[Budapest]]></category>
		<category><![CDATA[denxpert]]></category>
		<category><![CDATA[Kodesage]]></category>
		<category><![CDATA[MeOut Summit]]></category>
		<category><![CDATA[proofminder]]></category>
		<category><![CDATA[qneiform]]></category>
		<category><![CDATA[Redmenta]]></category>
		<category><![CDATA[Resoloon]]></category>
		<category><![CDATA[Riptides]]></category>
		<guid isPermaLink="false">https://www.eu-startups.com/?p=359728</guid>

					<description><![CDATA[<p>Today we turn our attention to Budapest. The Hungarian capital has been brimming with energy for some time and it shows in the quality and variety of the startups emerging from there.  Hungary has emerged as a notable innovation hub in Central and Eastern Europe, fostering a startup ecosystem that combines technical excellence with growing [&#8230;]</p>
<p>The post <a href="https://www.eu-startups.com/2026/06/budapests-brightest-10-hungarian-startups-making-us-take-notice/">Budapest’s brightest: 10 Hungarian startups making us take notice</a> appeared first on <a href="https://www.eu-startups.com">EU-Startups</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p><span style="font-weight: 400;">Today we turn our attention to Budapest. The Hungarian capital has been brimming with energy for some time and it shows in the quality and variety of the startups emerging from there. </span></p>
<p><span style="font-weight: 400;">Hungary has emerged as a notable innovation hub in Central and Eastern Europe, fostering a startup ecosystem that combines technical excellence with growing entrepreneurial ambition. </span></p>
<p>If you&#8217;re interested in learning more about promising startups from Hungary, make sure to check out the upcoming<span style="font-weight: 400;"> <a href="https://meoutsummit.com/#details" target="_blank" rel="noopener">MeOut Summit</a> in Budapest (November 25-26), featuring the very best founders, investors and companies Hungary has to offer.</span></p>
<p><span style="font-weight: 400;">Presented in alphabetical order, we highlight 10 of the most promising Budapest-based startups founded from 2021 onwards that are making positive impacts not only in Hungary, but across Europe.</span></p>
<p><a href="https://abzinnovation.com/" target="_blank" rel="noopener"><b><img decoding="async" src="https://abzinnovation.com/wp-content/uploads/2026/04/L50-v1.jpg" /></b></a><a href="https://abzinnovation.com/" target="_blank" rel="noopener"><span style="font-weight: 400;"><b>ABZ Innovation </b></span></a><span style="font-weight: 400;">is a European AgTech company founded in 2021 focused on unmanned aerial systems (UAVs) for precision agriculture, particularly crop spraying and field monitoring. It emerged from engineering and robotics expertise aimed at addressing labour shortages and efficiency challenges in agriculture through drone-based automation.</span></p>
<p><span style="font-weight: 400;">The company sits in a growing European segment of agricultural UAV and precision spraying technology, alongside companies in France, Germany, and the Nordics that are also developing drone-based alternatives to traditional crop protection methods.</span></p>
<p><span style="font-weight: 400;">Having closed a </span><a href="https://www.eu-startups.com/2026/01/with-china-leading-global-drone-manufacturing-hungarys-abz-innovation-raises-e7-million-to-expand-heavy-duty-drones/"><span style="font-weight: 400;">€7 million round</span></a><span style="font-weight: 400;"> in January of this year, ABZ Innovation in order to scale production, speed up product development, and expand in key global markets. </span></p>
<p><a href="https://allonic.co/"><b><img decoding="async" src="https://cdn.prod.website-files.com/5e57ae999b08f63293b803e4/691aeb46a087600cd046671b_25a2c58caf39cae9b51b05fd828adbeb_about-3-p-1080.webp" /></b></a><a href="https://allonic.co/" target="_blank" rel="noopener"><span style="font-weight: 400;"><b>Allonic </b></span></a><span style="font-weight: 400;">is a robotics hardware company building a manufacturing platform to automate the design and production of complex robot bodies, especially soft, compliant, human-like ones. Their core idea is to replace slow, costly, multi-part assembly with a single automated process.</span></p>
<p><span style="font-weight: 400;">The startup, founded in 2021, has found itself in good company, being backed by the likes of OpenAI with </span><a href="https://www.eu-startups.com/2026/02/with-openai-backing-allonic-raises-e6-million-for-robotic-body-manufacturing-platform/"><span style="font-weight: 400;">€6 million in pre-Seed funding</span></a><span style="font-weight: 400;"> earlier this year. With their technology, multiple materials can be integrated into a single structure, enabling elastics, wiring and sensing elements to be embedded directly into robotic bodies during production.</span></p>
<p><span style="font-weight: 400;">This unlocks a new operating model for manufacturers, startups and researchers wherein robotic hands, arms and other manipulators can be designed, produced and replaced on demand, reducing downtime and eliminating lengthy maintenance cycles.</span></p>
<p><a href="https://axoflow.com/"><b><img decoding="async" src="https://cdn.prod.website-files.com/67a351e1fd0f1e477a980e46/687a0e344e0ea1ab3a99bbe7_imageoptim.webp" /></b></a><strong><a href="https://axoflow.com/" target="_blank" rel="noopener">Axoflow</a></strong> <span style="font-weight: 400;">is a cybersecurity startup founded in 2023 providing an autonomous security data layer for SecOps. In plain English, it automates security logs and telemetry so teams get cleaner, detection-ready data with less manual pipeline maintenance.</span></p>
<p><span style="font-weight: 400;">Their pitch is that this helps organisations improve threat detection and response, cut SIEM/storage costs, and avoid brittle regex/parser work. They also say their platform supports on-prem, cloud, Kubernetes, and air-gapped environments.</span></p>
<p><span style="font-weight: 400;"><img decoding="async" src="https://cdn.prod.website-files.com/67c9adc70f6437e42dc9619d/68d65c72f09a8757fd41166a_A005_02252253_S044.jpg" />Founded in 2021, </span><a href="https://www.denxpert.com/" target="_blank" rel="noopener"><b>denxpert</b></a> <span style="font-weight: 400;">is a startup which provides software for EHS and ESG compliance management. In practice, it helps companies replace manual processes with a centralised platform for legal compliance, chemical and waste management, safety tasks, sustainability reporting, carbon footprint tracking, and CSRD-related workflows.</span></p>
<p><span style="font-weight: 400;">In doing so, the company aims to reduce risk and improve operational transparency. The company completed its latest funding round in 2024 and has raised over €900k.</span></p>
<p><a href="https://kodesage.ai/"><b><img decoding="async" src="https://www.eu-startups.com/wp-content/uploads/2025/01/Kodesage-696x410.png" alt="Kodesage" /></b></a><strong><a href="https://kodesage.ai/" target="_blank" rel="noopener">Kodesage</a></strong> <span style="font-weight: 400;">is an enterprise software startup focused on AI-powered legacy system modernisation. Founded in 2024, by veterans of enterprise software development and IT transformation, the company helps organisations understand, maintain, and upgrade complex legacy systems through automated documentation, accelerated onboarding, and AI-assisted code navigation. </span></p>
<p><span style="font-weight: 400;">Operating in the growing market for AI-driven software modernisation tools, Kodesage addresses a major challenge facing enterprises burdened by ageing, poorly documented, and business-critical software. </span></p>
<p><span style="font-weight: 400;">After successfully closing a </span><a href="https://www.eu-startups.com/2025/01/kodesage-raises-e2-3-million-to-revolutionise-legacy-software-modernisation-with-ai/"><span style="font-weight: 400;">pre-Seed round of €2.3 million</span></a><span style="font-weight: 400;"> in early 2025, the company more recently secured €5.67 million to support European and U.S. expansion.</span></p>
<p><a href="https://proofminder.com/"><b><img decoding="async" src="https://cdn.ain.ua/en/2023/05/1639751181662-958x538.png" /></b></a><span style="font-weight: 400;"><a href="https://proofminder.com/" target="_blank" rel="noopener"><b>Proofminder </b></a>i</span><span style="font-weight: 400;">s an AgriTech startup developing a leaf-level crop monitoring platform that uses AI, drone imagery, and visual data to give growers more precise insights into plant health. Founded in 2021, the company collaborates with global seed producers, food companies and agronomy teams to identify risks, standardise decisions and protect crop quality at scale.</span></p>
<p><span style="font-weight: 400;">Citing the rising costs of agriculture, in addition to climate challenges and labour shortages, </span><span style="font-weight: 400;">Proofminder says growers need smarter tools to stay competitive. Their AI-powered platform processes ultra-high-resolution imagery from drones and cameras to deliver real-time insights like weed detection, yield forecasting, stand counts, weather and wildlife damage, precision spraying maps, and more.</span></p>
<p><span style="font-weight: 400;">With a total €410k in funding so far, aims to scale its AI-powered farming platform.</span></p>
<p><a href="https://qneiform.com/"><b><img decoding="async" src="https://www.eu-startups.com/wp-content/uploads/2024/02/qneiform-1536x1024.jpg.webp" /></b></a><strong><a href="https://qneiform.com/" target="_blank" rel="noopener">Qneiform</a></strong> is<span style="font-weight: 400;"> a talent data platform building tools and infrastructure for AI-native systems. Founded in 2022, the company focuses on how intelligent agents, models, and applications are deployed and integrated within enterprise environments. Its work sits in the broader AI infrastructure layer, aimed at improving how modern AI systems are structured and operated at scale.</span></p>
<p><span style="font-weight: 400;">In practice, it’s used to find the best next hire faster, spot talent gaps, track competitor activity, and forecast departures or succession needs.</span></p>
<p><img decoding="async" src="https://cdn.ain.ua/en/2022/09/Redmenta-cofounders.jpg" /></p>
<p><a href="https://redmenta.com/" target="_blank" rel="noopener"><b>Redmenta</b></a><span style="font-weight: 400;"> is an AI-powered education platform that helps teachers create, evaluate, track, and personalise learning activities in one place. Founded in 2022, they focus on adaptive and personalised education, with tools for worksheets, assessments, competency tracking, and feedback that support both digital and paper-based classrooms.</span></p>
<p><span style="font-weight: 400;">By automatically grading work, creating curriculum-aligned tests, and tracking student progress based on specific skills and competencies rather than just percentages, the platform saves teachers time. The platform integrates with major learning management systems and complies with GDPR, allowing students to use it without mandatory registration.</span></p>
<p><img decoding="async" src="https://res.cloudinary.com/vestbee/image/upload/f_webp,q_auto,w_1520,h_800,c_limit/v1770215935/resoloon_876d16ce26.webp" /></p>
<p><span style="font-weight: 400;">Founded in 2025, ClimateTech startup </span><a href="https://resoloon.com/en" target="_blank" rel="noopener"><b>Resoloon</b></a><span style="font-weight: 400;"> is a high-altitude balloon platform for Earth observation and monitoring. It uses stratospheric balloons and optical sensors to provide high-resolution imagery and change detection over large areas, aiming to give near-drone-level detail with satellite-scale coverage at lower cost.</span></p>
<p><span style="font-weight: 400;">The balloons use proprietary AI to forecast winds across 15 layers of the atmosphere, navigate with high precision, and stream real-time data-unlocking applications in critical infrastructure monitoring, disaster response, national security, and beyond.</span></p>
<p><span style="font-weight: 400;">In February of this year, the company secured €550k in pre-Seed funding to refine their product and use-cases.</span></p>
<p><img decoding="async" src="https://startupkitchen.community/wp-content/uploads/2024/06/Tym-Kaya-2048x1366.jpg" /></p>
<p><a href="https://riptides.io/" target="_blank" rel="noopener"><b>Riptides</b></a><span style="font-weight: 400;"> is a cybersecurity startup founded in 2025 developing an identity-based security platform for machine-to-machine communication and AI-driven workloads. The company focuses on replacing static credentials with short-lived, verifiable workload identities.</span></p>
<p><span style="font-weight: 400;">Riptides offers a unified identity layer that automatically issues and rotates identities, enabling secure authentication and encrypted communication across services, infrastructure, and AI agents. By enforcing identity at the OS level and integrating with standards like SPIFFE and cloud-native environments, the platform reduces credential sprawl and boosts visibility in distributed systems. </span></p>
<p><span style="font-weight: 400;">To date, the company has raised over €2.7 million ahead of its broader market rollout.</span></p>
<p><a href="https://www.eu-startups.com/startup-sourcing-research-service-for-investors-corporates/"><span class="td_btn td_btn_md td_round_btn"><span style="color: #ffff00;">BTW</span>: Are you a corporate or investor looking to invest or acquire exciting startups in specific markets? Check out our <span style="color: #ffff00;">Startups Sourcing Service</span>!</span></a></p>
<p>The post <a href="https://www.eu-startups.com/2026/06/budapests-brightest-10-hungarian-startups-making-us-take-notice/">Budapest’s brightest: 10 Hungarian startups making us take notice</a> appeared first on <a href="https://www.eu-startups.com">EU-Startups</a>.</p>
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			<dc:creator>contact@bcurdy.com (Ethan Conroy)</dc:creator></item>
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