News & Podcast

74 million euros for Navvis: The Munich-based company wants to make spatial data usable for AI and robotics and drive its expansion with a focus on the US market.

Munich-based startup Padelcity has secured 12 million euros in a Series A financing round. Compagnie des Alpes, one of Europe’s largest leisure groups, is joining as a strategic investor. Together, the partners intend to capitalize on the padel boom and drive expansion in Germany and other European markets.

5U AI has completed a pre-seed funding round of more than 2.7 million euros (3.2 million dollars). What the Munich startup plans to do with it now…

Celsio has raised 1.2 million euros in pre-seed funding. The Munich climate tech startup intends to use the capital to transition pilot plants into commercial operation, expand its trading capacities, and grow partnerships as well as the team.

Munich medtech startup Bugsense Diagnostics receives 1.23 million euros from the EXIST Transfer of Research funding program of the Federal Ministry for Economic Affairs and Energy (BMWE). With this funding, the 2023 m4 Award winner aims to further develop its paper-based point-of-care technology over the next two years through to clinical application for the rapid diagnosis of urinary tract infections and the detection of antimicrobial resistance.

DeltaVision raises 10.2 million euros. The Munich spacetech company aims to expand its production of fluid systems and advance the in-orbit refueling of spacecraft.

E-mobility startup Aampere receives €4.2 million in fresh capital. The funding is intended to accelerate the expansion of the platform for used electric cars in Europe.

With a pre-seed and seed financing totaling 12 million euros, the Munich-based startup Skalar aims to fundamentally reshape the tax industry with an AI-first law firm and a custom-developed technology stack.

Project Q raises 15 million euros a year after its seed round. The startup is developing an open software platform for security and defence applications.

Munich-based startup Sherpa has completed pre-seed funding of approximately 2 million euros (2.2 million dollars). With the capital, the company plans to further develop its AI-native platform for managing external workforce and AI agents and expand its use among large enterprises.

Two months after initial insider reports, the mega-deal is official: Helsing receives €1.6 billion in fresh capital and achieves a valuation of €16 billion.

Munich startup Finto has completed seed financing of 2.98 million euros (3.4 million dollars). With capital from Y Combinator, Gradient, and Lightspeed, the company aims to establish AI agents for accounting in Europe and automate financial processes in ERP systems like SAP, Microsoft Dynamics, and DATEV.