In other news this week: NXP Semiconductors buys Kinara for €292M, Konecta raises €150M funding, Revving secures €128M and more

In other news this week: NXP Semiconductors buys Kinara for €292M, Konecta raises €150M funding, Revving secures €128M and more


Technology news never slows down.

Each week brings a wave of announcements—new funding rounds, major acquisitions, product launches, and breakthroughs.

With so much happening at once, it’s easy for some stories to get overshadowed or overlooked.

To keep you in the loop, we’ve rounded up the updates that may have flown under the radar.

Here’s a quick rundown of what we have missed in the world of tech this week.

NXP Semiconductors acquires Kinara for €292M

NXP Semiconductors based in Eindhoven has announced its plan to acquire Kinara, a company specialised in high-performance and energy-efficient neural processing units (NPUs). These NPUs support various edge AI applications, including generative AI models. The all-cash deal is valued at $307M (approx €292M) and is expected to close in the first half of 2025, subject to regulatory approvals. (Read more)

Konecta raises €150M funding

Konecta specialises in customer experience (CX) and digital services. The company offers a full range of end-to-end customer management solutions – including acquisition, retention, customer service, technical support, and collection – all based on a sustainable business model. Recently, the company raised €150M in new funding, structured as a 50/50 split between equity and debt, with the support of its shareholders, as well as existing and new lenders. (Read more)

Revving secures €128M

Revving is a London-based fintech company changing how businesses access working capital funding. Using its technology platform, which connects directly to digital platforms and marketplaces, Revving provides quick funding solutions based on detailed transaction data, serving the entire digital economy. Recently, the company raised £107M (approx €128M) led by DWS. (Read more)

Germitec secures €28.5M funding

Bordeaux, France-based Germitec is a MedTech company specializing in UV-C High-Level Disinfection solutions for healthcare environments. Its products aim to reduce healthcare-associated infections while streamlining workflow and ensuring safety. 

Recently, the company raised $30M (approx €28.5M) in a financing round led by European investment group Eurazeo through its Nov Santé Actions Non Cotées fund, a dedicated platform supporting healthcare companies and innovation. (Read more)

Planted secures €5M funding

Cologne-based Planted is a provider of a holistic ESG management solution. With a combination of innovative software and personal consulting, the German company accompanies and supports companies in their sustainability transformation – from materiality analysis,

CO2 balancing, decarbonization, and the final CSRD report. 

Recently, the company raised €5M in funding backed by TechVision Fonds, WENVEST Capital, neoteq ventures, AWS Gründungsfonds, and Smart Infrastructure Ventures to further develop the ESG software. (Read more)

Swedish Sustainability Fund secures investment

The Swedish Sustainability Fund has received an investment of SEK 320 million from the European Investment Fund (EIF) to support sustainable transition. As Sweden’s first Impact Lending Fund (Article 9 SFDR), this strategic investment enhances its ability to assist small and medium-sized enterprises (SMEs) in adapting to new EU regulations (CSRD). 

With EIF’s support, the fund aims to help Swedish companies meet their sustainability goals while providing investors with diversified opportunities and solid risk-adjusted returns. The fund is committed to advancing a sustainable future. (Read more)

HowHow secures €4.2M funding

Based out of London, HowNow is the AI-powered learning and skills platform that maps skills requirements to contextualised learning in the flow of work. The platform helps organisations create and develop the right skills, at the right time, bridging the gap between L&D and measurable business impact. The company has also announced the completion of its Series A funding having raised a total of £7.5M. After the initial £4M funding, the company recently secured £3.5M (approximately €4.2M) from the same two investors, along with Fuel Ventures

Edmund raises €500K funding

Edmund is a Czech-based startup specialising in AI solutions for manufacturing. The company leverages advanced AI models and industry expertise to simplify troubleshooting and maintenance processes. Recently, the company has raised €500K in a pre-seed round led by Lighthouse Ventures, with Czech Founders VC,  Borovicka Capital, and deeptech investor Tensor Ventures joining. (Read more)

E-Money Markets secures funding

E-Money Markets is a fintech startup specialising in White Label FX Brokerage solutions. By integrating FX and payment technologies into a single platform, the company enables SMEs and high-net-worth individuals to access competitive exchange rates, hedging products, and advanced payment capabilities. Recently, the company raised £700K in pre-seed funding led by CH-1 Investment Group alongside a group of angel investors. The funding will fuel the development of the company’s technology infrastructure and product capabilities. (Read more)

Noxus secures  €1.4M funding

Based out of London, Noxus enables businesses to build and deploy their AI workforce, integrating AI into complex enterprise workflows. With the company’s AI operating system, enterprises can easily and securely build teams of AI co-workers to handle repetitive tasks and complex workflows. Recently, the company raised $1.5M (approx €1.4M) in pre-seed funding led by SFC Capital. Other participating investors, include Antler, Bynd VC, Caixa Capital, AltaIR Capital, I2BF Global Ventures, Yellow Rocks, and Smart Partnership Capital plus prominent business angels from the European ecosystem. (Read more)

Spark e-Fuels secures €2.3M

Berlin-based Spark e-Fuels is a climate tech start-up focused on reducing aviation’s environmental impact. The company develops e-fuel production systems that connect to affordable renewable electricity, addressing the high costs and limited availability of sustainable aviation fuel (SAF). Their technology uses innovative, flexible processes to produce cost-effective and scalable e-fuels. Recently, the company raised €2.3M in a pre-seed funding round led by Nucleus Capital. (Read more)

AI-BOB secures €2M funding

Based out of Stockholm, AI-BOB optimises blueprints for quality, compliance, and cost efficiency, effectively reducing errors and project delays.

The company raised €2M from international investors to enhance its product development and facilitate global expansion.

Leading the funding round is CapitalT, alongside Fund F, which focuses on supporting female founders, as well as NCA, a German VC firm specialising in the construction industry, and several notable angel investors. (Read more)

Elio secures €1.9M funding

Based out of Vienna, Elio is developing an AI-supported software platform to make the pharmaceutical industry more sustainable. Recently, the company raised €1.9M in a pre-seed funding round led by Ananda Impact Ventures, with participation from industry leaders Stefan Oschmann (former CEO of Merck) and Andreas Treichl (former CEO of Erste Group). Elio is also backed by Cerulean, a pre-Seed AI fund, and Overview Capital, a U.S.-based climate fund, as well as syndicate groups from We\R and RHEINEST/N&V Capital. (Read more)

Bluebook secures €2.3M funding

Based out of Stockholm, Bluebook is building AI agents for accounting firms, enabling accountants to retrieve information, make decisions, and execute work. The platform cuts research time, expands advisory capacity, and ensures compliance. Recently, the company raised $3M in funding including a $2.5M (approx €2.3M)  pre-seed round led by EQT Ventures and a separate capital injection from Y Combinator to transform traditional accounting practices. (Read more)

The Sharing Group transfers in-house software developer 

The Sharing Group, which includes companies like Mijndomein, MyWheels, and Hegg Energy, is transferring its software developer, Weave, to Enrise. Weave, part of the group since 2021, has developed software for its sister companies. Now, by joining Enrise, Weave can grow even further. Enrise is also opening a new branch in Rotterdam, adding to its locations in Amersfoort and Zwolle. (Read more)

Relive secures funding

Based out of Lisbon, Relive is a proptech company specialising in tools supporting real estate agents in renting, buying, and selling properties. Currently, Relive has more than 100 real estate consultants and has mediated thousands of rentals. Recently, the company raised $5.5M in a Series A investment round led by Indico Capital Partners, with participation from Shilling and Bynd.

VERIGRAFT receives Eurostars grant

Gothenburg, Sweden-based VERIGRAFT, a biotechnology company has been awarded a Eurostars grant to lead PREPPER (PREcision Printed PERsonalized Tissue Therapies), a project developing next-generation 3D-printed arterial grafts.

VERIGRAFT is collaborating with Readily3D SA, RISE, and Sahlgrenska University Hospital to create custom vascular grafts using advanced 3D printing and tissue engineering.

These grafts aim to better mimic natural arteries and integrate seamlessly, outperforming current synthetic options. The project has secured €1.2M in funding and involves leading experts in regenerative medicine. (Read more)

LAUNCHub Ventures invests in UVIONIX

LAUNCHub Ventures, an early-stage venture capital fund focused on investing in startups in South-Eastern (SEE) and Central-Eastern (CEE) Europe announced a $3.5M seed investment in UVIONIX, a California-based robotics and automation company developing AI-powered autonomous flying robots for real-time inventory monitoring. The round

is co-led by Hungarian PortfoLion and includes participation from Romanian Underline Ventures, German Robin Capital, and prominent angels. (Read more)

Tikehau Capital invests in Eclairion

Paris-based Tikehau Capital, the global asset management group, commits a total investment of €160M in Eclairion, the European specialist in high-performance computing (HPC) and AI hosting services. Eclairion is now hosting the deployment of the first AI cluster from French unicorn Mistral AI, in partnership with GPU cloud computing provider Fluidstack. This facility, one of the largest dedicated HPC sites in Europe, boasts an initial power allocation of 60 MW. (Read more)

ACCURE Battery Intelligence raises €15.6M

Based out of Germany, ACCURE Battery Intelligence specialises in AI-based battery safety and performance products. The company’s products help prevent thermal runaway events, reduce downtime by anticipating maintenance needs, accurately assess battery health and state of charge, and help operators maintain warranty coverage—making batteries more bankable and insurable. Recently, the company raised €15.6M in an oversubscribed Series B round, led by Incharge Capital Partners, a joint venture of Porsche SE and DTCP, with participation from existing investors BlueBear Capital, HSBC Asset Management, Riverstone Holdings, Capnamic, and 42CAP. (Read more)

Nextesy secures funding

Nextesy is a technology company that focuses on improving how businesses operate in a connected world. They provide an enterprise operating system (eOS) that includes tools to simplify processes and enhance teamwork. By using data analytics, Nextesy helps organisations make better decisions and encourage growth through artificial intelligence. Recently, the company secured CHF 3.3M in a funding round led by Fifth Quarter Ventures and prominent business angels (Read more)



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