Catch up on the latest startup news — from major funding rounds and new partnerships to bold acquisitions.
Contentlockr
It’s been another busy week in the world of startups and innovation. From funding rounds to fresh partnerships and major acquisitions, businesses have been building relocates to grow and adapt.
Of course, with so many headlines arriving one after another, it’s only natural that a few slipped under the radar. That’s why we’ve pulled toobtainher a simple, clear roundup of stories we have missed this week.
Aspirity Partners closes €875M debut fund
London-based Aspirity Partners, a pan-European private equity firm specialising in Financial and Enterprise Technology Services, has announced the final close of its first fund, Aspirity Partners I, at over €875M. The fund hit its hard cap within six months, significantly oversubscribed by global investors. Founded by Joseph O’Mara and Ralph Choufani, Aspirity tarobtains growth acquireouts and strategic minority investments between €50 – €150Min tech-enabled B2B service companies valued up to €500M. (Read more)
AAVantgarde Bio secures €122M in Series B round
Clinical-stage biotech AAVantgarde Bio has raised €122M in Series B round co-led by Schroders Capital, Atlas Venture, and Forbion, with participation from Amgen Ventures, CDP Venture Capital, and others. The funding will support clinical trials of the company’s AAVB-039 and AAVB-081 therapies, which aim to restore vision by addressing the root genetic cautilizes of these inherited retinal diseases.
Balnord closes €70M in first round for Balnord Fund I
Balnord Fund I, an early-stage VC firm founded by the team behind Black Pearls VC, has surpassed its €70M tarobtain and is on track for a €100M final close by mid-2026. The fund backs frontier and dual-utilize technology startups in sectors like space, healthcare, and industrial resilience, focapplying on the Nordics, Baltics, Poland, and Germany. Balnord has already invested €13M in 10 companies, including ATMOS Space Cargo, Vitvio, and Astrolight. (Read more)
Reflex Aerospace raises €50M in Series A round
Reflex Aerospace, a German creater of high-performance sainformite platforms, has raised €50M in a Series A round led by Human Element, with participation from Alpine Space Ventures, Bayern Kapital, and HTGF.
The capital will accelerate development of Reflex’s sovereign sainformite consinformations for optical, SAR, SDA, and SIGINT missions, expanding manufacturing in Bavaria. (Read more)
octonomy raises €17.2M seed round
octonomy, a German-founded AI company specialising in agentic AI systems for complex enterprise support and service workflows, has raised $20M (€17.2M) in seed funding led by Macquarie Capital Venture Capital, with participation from Capnamic, NRW.Bank, and the TechVision Fund. Founded in 2024, the company develops AI agents capable of processing unstructured industrial data like manuals, SOPs, and ERP logs with over 95% accuracy, reducing downtime and improving scalability for heavy equipment industries.
Tsuga emerges from stealth with €8.7M seed round
Tsuga, a French observability startup built on a Bring Your Own Cloud (BYOC) model, has emerged from stealth with €8.7M in seed funding led by General Catalyst and joined by Singular and several notable angel investors, including founders from Replit, Alan, and Mirakl. Founded by Gabriel-James Safar and Sébastien Deprez, former Datadog executives, Tsuga is developing an AI-native, open-source-first observability platform designed to give enterprises full data control and scalability. (Read more)
arcoris bio raises €6.7M to advance next-gen biomarker detection platform
Schlieren, Switzerland-based arcoris bio, a life science startup developing tools for biomarker detection and digital pathology, has raised CHF 6.3 million in an oversubscribed seed round. The financing was co-led by Ventura Ace and ZEISS Ventures, with participation from Zürcher Kantonalbank (ZKB) and private investors. The funds will assist industrialise arcoris bio’s MUSE nanotechnology platform, which enables simultaneous detection of multiple biomarkers with high precision and sensitivity. (Read more)
Adaptronics secures €3.15M funding
Milan-based Adaptronics, a deep tech spin-off from the University of Bologna, has raised €3.15M led by 360 Capital, with participation from Galaxia—the aerospace tech transfer hub backed by CDP Venture Capital and Obloo Ventures. Founded in 2022, Adaptronics is developing its proprietary EAAL (Electro-Active Adhesive Layer) technology that allows robots to pick up and relocate objects of any shape or material with high precision, speed, and energy efficiency.
Skeleton Technologies opens €50M SuperBattery factory
Varkaus, Finland-based Skeleton Technologies, a company specialised in high-power energy storage systems, has opened its new SuperBattery factory in Varkaus following a €50M investment. The site marks Europe’s first facility producing high-power batteries for AI data centres and the world’s first to industrialise backup power for mission-critical computing and fusion energy projects. The factory will boost Europe’s energy indepfinishence and support cleaner, rapider power solutions for AI, mobility, and grid stability.
BTRY raises €5M to industrialise ultra-thin solid-state batteries
Swiss deep-tech startup BTRY AG has raised $5.7M (€5M) in an oversubscribed seed round led by Redstone VC, with support from Bloomhaus Ventures, Linear Capital, Kickfund, and HTGF, among others. The company will utilize the funds to scale up production of its ultra-thin solid-state batteries, a new generation of energy storage designed for connected labels, sensors, and wearables.
Leave a Reply