In today’s fast-paced digital age, it’s easy to feel overwhelmed by the constant flow of information. With so many changes happening daily and quickly, it’s easy for some stories to slip through the cracks.

But worry not, we have gathered them all in this roundup to make sure that you stay updated in the ocean of tech innovations.

Here’s a quick roundup of key news highlights from October 7 to 11 that you might have missed.

Knave secures  €225M from Pollen Street Capital fund

Paris-based Knave secured €225M in funding from Pollen Street Capital fund. The French company helps distribution groups and manufacturers offer rental and subscription services for consumer goods. They provide a complete solution to make it easy for partners to offer these services across various devices, addressing challenges faced by large retailers. (Read more)

Purespring bags €95M to initiate clinical trial for IgAN

London-based Purespring has secured £80M (approx €95M) in an oversubscribed Series B funding round led by Sofinnova Partners, alongside Forbion, Gilde Healthcare, British Patient Capital, and founding investor Syncona Limited. The funding will support its pipeline, including initiating a Phase I/II clinical trial for IgAN, a common, chronic kidney disease primarily affecting young adults. Purespring is developing gene therapies to halt or prevent kidney disease by targeting the podocyte, a specialised cell implicated in most renal disease. (Read more)

Basecamp Research bags €54M to design complex biological system

London-based Basecamp Research raised $60M (approx €54M) in a Series B funding round led by led by Singular, with additional investors including S32, redalpine, André Hoffmann, Vice-Chairman of Roche, Feike Sijbesma, Chair of Royal Philips, and Former CEO of DSM, and Paul Polman, former CEO of Unilever. The company is using advanced AI and a vast biological database to design more complex biological systems, collaborating with biopharma companies and academic research institutions to transform therapeutic research and development. (Read more)

xFarm Technologies bags €36M to digitalise the agri-food sector

Milan-based xFarm Technologies has secured €36M in a Series C funding round led by  Partech, with participation from Mouro Capital. The Italian company will use the funds to accelerate its expansion across Europe, Turkey, Latin America, India, and the US. The company aims to digitalise the agri-food sector helping farmers and stakeholders manage their businesses. They provide farm management apps, connected sensors, digital transformation support, agricultural algorithms, and sector-wide training activities. (Read more)

 SHS Capital invests €10M in Develco Pharma

Tübingen, Germany-based SHS Capital, a private equity provider, and its limited partners and other shareholders announced that they have invested €10M in Develco Pharma. Develco is a specialty pharma company focused on the development and manufacturing of innovative modified-release drug formulations. Its core competence lies in using advanced technologies such as multi-unit pellet and matrix systems. (Read more)

clock.bio clocks €4.8M to increase human healthspan 

Cambridge-based clock.bio has raised $5.3M (approx €4.8M) in seed funding led by LocalGlobe, with participation from BlueYard Capital, Onsight Ventures, and Dr. Jonathan Milner, the Founder of Abcam. The company aims to increase human healthspan by developing treatments that can prevent and treat age-related diseases by decoding rejuvenation programs in human cells. (Read more)

Muybridge secures €8M to commercialise imaging platform

Fornebu, Norway-based Muybridge, a deeptech startup, raised €8M in funding led by Fairpoint Capital, for full-scale commercialization of its revolutionary imaging platform. The company has created a technology that turns cameras into software. It uses a multi-camera system with high-resolution image sensors to enable advanced video and sensor-fusion applications. This allows for image processing and real-time virtual camera movements with extensive coverage on a small physical footprint. (Read more)

Borobotics raises funding to develop drilling robot

Zurich-based Borobotics announced that it has received CHF 1.3M in funding from Innosuisse as part of a Startup Innovation Project to further develop its drilling robot — Grabowski. The company has created a new drilling robot designed for geothermal energy drilling in tight spaces like city centers. (Read more)

Munchfam bags €600K to change how a restaurant operates

Finnish startup Munchfam raised €600K in a funding round led by Pitchdrive (Belgium) and Genesis (Greece). The company will use the funds to scale and develop the service platform in its current markets — Finland, Germany, Denmark & Sweden. Munchfam is changing how a restaurant operates with a unique service platform that combines digital tools, ready-to-use brands, and high-quality ingredients. This helps restaurants thrive across all sales channels, enhancing efficiency and profitability. (Read more)

Livil secures funding to develop an app for drivers

Halle (Saale), Germany-based livil, a software company specialising in communication and productivity applications for drivers, secured seven-digit funding to accelerate its growth, drive product development and enable expansion into new markets. (Read more)

Easelink bags €1.5M from VERBUND X Ventures

Graz, Austria-based Easelink secured €1.5M from VERBUND X Ventures to accelerate the expansion of international customer relationships with OEMs and further develop the global industry standard. The company has developed an automated conductive charging solution — Matrix Charging” for electric vehicles without manually plugging in a charging cable. (Read more)

PIONIERKRAFT raises funds to share renewable energy

Munich-based PIONIERKRAFT has secured undisclosed funding in a Series A funding round! The company’s platform enables people to share self-generated renewable energy, which acts within and between multi-family homes and in smaller apartment buildings in an economical and operator-friendly manner. (Read more)

Kriptown has secured €4.2M to unify market infrastructure

Paris-based Kriptown has secured €4.2M in its Series A funding round to build the first European exchange dedicated to SMEs. This round was led by BNP Paribas, Bpifrance, and Centilux Family Office. The French company is on a mission to become the first unified market infrastructure in France, to revolutionise the stock market and make it accessible to new issuers. (Read more)

Blecon raised €4.2M to enable physical products to communicate

Cambridge-based Blecon, which enables physical products to communicate with cloud applications using Bluetooth Low Energy, has secured $4.6M in a seed funding round led by MMC Ventures. (Read more)

Economic Mind secures undisclosed funding

Economic Mind has developed a bottom-up digital twin of the business world, allowing users to extract precise market intelligence about any product market and geography of interest. Recently, the company raised undisclosed funding from SNÖ Ventures, Antler, Rystad Energy, Arkwright X, and a network of other supporters. (Read more)

Vested Impact secures funding from Impact Shakers and others

London-based Vested Impact has raised £1.1M in a seed funding round led by Impact Shakers Ventures, and joined by HearstLab, an investment arm of Hearst Corporation. Vested Impact is a female-founded platform that automates the assessment of companies’ social and environmental risks and impacts using over 300M science-based data points. It provides detailed impact materiality assessments and reports to various organisations and companies. (Read more)

Gradientech partners with Hardy Diagnostics

Gradientech has partnered exclusively with Hardy Diagnostics for the QuickMIC system’s commercialization in the United States and Canada. Hardy Diagnostics will subscribe to 1,796,571 shares in Gradientech as part of the partnership. This stock issue will provide Gradientech with proceeds of approximately SEK 31.4 million before issuing cost deduction. The company has created advanced diagnostics for infectious diseases. Its product, QuickMIC helps sepsis patients get rapid, precise antibiotic guidance, saving lives, cutting healthcare costs, and combating antibiotic resistance. (Read more)

Moderato 0% bags €3M funding

Normandie, France-based moderato 0% has secured €3M from its existing shareholders, Eutopia and Groupe Coopératif Vivadour, as well as Andromede, the family office of the Hériard-Dubreuil family and the group of business angels Xinomavro Ventures. The company will use the funds to accelerate its development in France and abroad. (Read more)

Quartr raises funding from Altos Ventures

Stockholm-based Quartr is a software and data provider transforming qualitative public market research for finance and investor relations (IR) professionals. The Swedish company raised $6M investment from Altos Ventures to accelerate its growth. The company’s product suite includes Quartr Pro, a desktop research platform used by leading hedge funds, asset managers, equity research departments, and IR professionals globally. (Read more)

Highcast secures €2M to help industries with energy transition

Paris-based Highcast has secured €2M co-led by CS Venture, the CentraleSupélec alumni fund, and a private investor specialising in energy. The round of funding also brought together AFI Ventures – Ventech’s impact fund, VIF (Wendel family shareholders) and Super Capital. The French company supports industrial sites in their energy transition by intervening on two levels: first by helping them consume cheaper electricity and then by giving them the tools to reduce their carbon footprint. (Read more)

forward earth has secured €4.5M to advance its carbon management software

forward earth has secured €4.5M in seed funding round just three months after coming out of stealth. The company will use the funds to accelerate its growth and advance its platform. forward earth has developed carbon management software powered by AI to provide highly automated and compliant carbon management to its clients. The software can calculate carbon emissions on the company or product level and provide transparency into complex supply chain activities. (Read more)

Balderton appoints Thor Mitchell as Executive In Residence

Balderton announced the appointment of Thor Mitchell as Executive In Residence providing coaching and advisory support to Balderton’s portfolio companies on product strategy, delivery, and building high-performing product teams. Thor previously led product management at Google and Miro and has over 10 years of experience building product teams at early and growth companies across the globe. (Read more)

Personio announced new AI features to help HR teams

Munich-based Personio announced new AI-powered features and teased an AI assistant to help HR teams improve their day-to-day processes. As part of the company’s Intelligent HR platform, the implementation of these features will bring a new level of automation, flexibility, and insight to the HR space. This will enable HR teams to work more efficiently, offering them valuable time back to focus on more meaningful work, claims the company. (Read more)

Pockit acquires Monese

Pockit, a UK fintech company announced a deal to acquire Monese, a pan-European fintech that offers alternative banking services to millions of consumers across the UK and Europe. This deal will allow the rollout of new services for Pockit, including multi-currency accounts and an expansion of digital accounts, salary advances, and credit-building product suites. (Read more)

Proba joins hands with International Fertilizer Association

Amsterdam-based Proba announced that it has joined hands with the International Fertilizer Association (IFA) to launch a global program for greenhouse gas (GHG) emissions reduction. This collaboration focuses on promoting the use of enhanced-efficiency fertilisers, including nitrification and urease inhibitors, which play a crucial role in reducing emissions from fertiliser application. The project focuses on using insetting strategies and the Voluntary Carbon Market (VCM) to incentivize the adoption of sustainable technologies and provide financial support and rewards for producers who reduce their emissions. (Read more)

Wegrow achieves B Corporation certification

Paris-based Wegrow, the SaaS platform has achieved its certification as a B Corporation (B Corp). The company’s platform enables teams to share and scale best practices across Marketing, Sales, Finance, HR, CSR, and operations, driving efficiencies and fostering a culture of continuous improvement. (Read more)

Keysom bags €4M funding from Bpifrance and others

BORDEAUX-based Keysom has secured €4M in a funding round from Bpifrance (via the French Tech Seed fund), IRDI Capital Investissement, Xplore By Épopée Gestion, and EuroBIM. The company will use the funds to strengthen its presence in France and internationally as well as to recruit new talent. The company develops RISC-V-based processor architectures that are automatically built from the application source code and dynamically reconfigurable. (Read more)

Fonoa Technologies acquired Global Indirect Tax Compliance (GITC)

Dublin-based Fonoa Technologies, an end-to-end indirect tax automation platform, announced the closing of the acquisition of Global Indirect Tax Compliance (GITC), a PricewaterhouseCoopers (PwC UK) product. GITC is a unique solution for managing partial exemptions for companies doing business across multiple jurisdictions. Currently, GITC serves more than 40 clients, primarily in financial services. With this acquisition, Fonoa continues to expand its global indirect tax platform to cover partial exemptions. (Read more)

RedTrack bags funding to help marketers

Vilnius-based RedTrack, an ad tracking and conversion attribution solution, raised a total of $750k to improve its platform and extend the runway to prepare to raise Series A in 2023. The round was led by Presto VC and supported by both IronWolfCapital and Flyer One Ventures. (Read more). RedTrack.io is a SaaS, privacy-first platform that provides marketers with real-time data, insights, alerts, and automation to maximise the return on ad spend, capture the customer journey, and evaluate marketing performance across all digital channels. (Read more)