Munich-based home climate management startup Tado° raises €38 million, partners with noventic

Munich’s smart home climate startup Tado has raised €38 million from Hamburg-based proptech firm noventic and undisclosed existing investors. This investment marks a strategic partnership between the two companies, specifically aimed at developing and distributing energy-efficient products for the commercial housing market. The funding is also earmarked for further product developments and market expansion. Founded in […]

Berlin-based academic community virtual conference and publishing platform Morressier raises $18 million in Series A round

Berlin’s academic community virtual conference and publishing platform Morressier has raised $18 million in a Series A round led by Owl Ventures. The round also saw participation from existing investors Cherry Ventures and Redalpine. Morressier notes that the funding will be used to propel growth as well as launch new community and analytics features. “Morressier […]

Yorkshire-based borrow better app ilumoni raises £1.2 million in seed round

Yorkshire-based ilumoni has raised £1.2 million in an oversubscribed seed round which attracted an additional 20 angel investors to the project. The fintech startup reports that the funding will be used to take the product to market with App Store and Google Play offerings planned for later this year. As part of the deal, new […]

Paris-based cryptography management software Cryptosense raises $4.8 million, keeps hackers out of corporate breaches

Parisian cybersecurity firm Cryptosense has raised $4.8 million in a funding round led by Amadeus Capital Partners that also saw participation from BGV and Elaia Partners. Cryptosense reports that the new funds will be used to further develop the company’s partner programme, blaze deeper trails into the US market and hire senior-level executives in both […]