Today in European Tech: EU wants to ban use of AI for surveillance, Swiss medtech firm CeQur raises $115 million, and more

Hello! Here’s what happened today in European Tech. Deals – Swiss medical device company CeQur has raised $115 million in the largest round to date for a privately-held European medtech company. – Pale Blue Dot, a young Malmö, Sweden-based investment firm focused on backing climate tech innovations, has closed their fund at €87 million after […]

Dublin’s hosptech platform Nory raises $2 million in pre-seed round

Dublin-based Nory has raised $2 million in a pre-see round in an effort to help restaurants manage their entire workflow. The round was led by Cavalry Ventures and Playfair Capital and saw participation from Enterprise Ireland and a number of unnamed angel investors from both the U.S. and Europe. “We always pay immediate attention when […]

Amsterdam-based social meeting platform Mibo raises €1 million in round led by Peak Capital

Dutch social meeting platform Mibo has raised €1 million in a fresh funding round led by Amsterdam-based Peak Capital. The company is reporting that the new capital will be used to further develop the platform, fuel international growth, and built out partnerships. These partnerships include platform integrations and custom third-party designed social experiences. And as […]

Portugal-based hrtech Coverflex raises €5 million in pre-seed round to remodel employee compensation

Portugal’s flexible compensation solution Coverflex has raised €5 million in pre-seed funding and seeks to reduce corporate costs and maximise employee’s earning potential. The raise was led by Breega, and saw participation from the 200M Fund and unnamed Portuguese angel investors. The funding is expected to fuel international rollout and recruitment efforts. “The way we […]

Berlin’s ultra-secure collaboration platform Wire raises $21 million in Series B round

Berlin-based collaboration platform Wire has closed a $21 million Series B round led by UVC Partners, with participation from existing investors Iconical, Morpheus Ventures, Elysium Venture Capital and One Way Ventures. Wire reports that they’ll be using the funding to continue expansion plans, further develop their technology and platform offerings, and expand the headcount. “Our […]

London’s e-commerce SaaS solution Techsembly raises £1 million, sets Shopify and Magento in its sights

London-based multi-store, mutli-vendor e-commerce solution for global scaling platform Techsembly has raised £1 million from SuperSeed Ventures and a number of undisclosed private investors. The funding is expected to be used to assemble a cross-marketing team that will initially target European and Asian markets.  “The opportunity to scale is huge. Amy and the Techsembly team […]