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European tech weekly recap: Over €404M invested into the tech ecosystem, around 91% collected by 10 biggest deals
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Acquisition
ABB acquires Sensorfact: a leap forward in industrial energy efficiency
ABB is acquiring Sensorfact — a fast-growing energy management company headquartered in…
Cate Lawrence
21 January 2025
Industrialtech
NXP Semiconductors acquires TTTech Auto for $625M: a game changer for software defined vehicles
NXP Semiconductors N.V is acquiring TTTech Auto…
Cate Lawrence
07 January 2025
Industrialtech
Startups delivering cutting-edge solutions for industrial challenges
Industrial tech has matured significantly since the hype-driven era of the mid-2010s. The…
Cate Lawrence
07 August 2024
IoT
German IoT startup Packwise secures funds to scale its industrial tech to North America
Dresden-founded IoT startup Packwise has raised…
Cate Lawrence
31 May 2024
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IoT
Tomorrow Things raises €1.5M for AI-driven digital twins
AI start-up Tomorrow Things has secured €1.5 million in funding to continue the development of…
Cate Lawrence
13 March 2024
Artificial Intelligence
OctaiPipe raises £3.5M in Pre-Series A funding for edge AI platform
Today, OctaiPipe, the end-to-end Edge AI platform for industrial IoT, has announced raising £3…
Cate Lawrence
23 January 2024
Artificial Intelligence
Heex Technologies raises €6M for smart data filtering at the edge
French startup Heex Technologies announced that it has raised €6 million this week. An…
Cate Lawrence
19 January 2024
IoT
HYDROGRID makes waves with $8.5M Series A for optimised, automated hydropower
This week sees Austrian scale-up, HYDROGRID successfully close $8.5 million in Series-A funding…
Cate Lawrence
20 December 2023
IoT
Manufacturing IIoT platform Braincube secures €83M growth equity investment
Today French manufacturing data software company Braincube announced it has raised €83 million…
Cate Lawrence
29 November 2023
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IoT
Converting factories into intelligent manufacturing hubs, London’s Thingtrax raises £4.3 million
London-based Thingtrax has raised £4.3 million…
Dan Taylor
20 July 2023
IoT
2022 sees Europe's IoT startups smashing funding records – 10 fundraisers to watch
It's Mobile World Congress (MWC) time again, so…
Cate Lawrence
03 March 2023
IoT
Italian industrial IoT startup Zerynth raises €5.3 million
Italy-based industrial internet of things (IoT) company Zerynth has raised €5.3 million in a…
Callum Cyrus
15 November 2022
Climatetech
Pre-series A investors pump $2.4 million into net zero intelligence startup Faradai
London-based net zero intelligence startup…
Callum Cyrus
09 November 2022
IoT
Alibaba Group participates in a $13 million extension round for German industrial IoT startup KONUX
Correction: The story has been updated to…
Andrii Degeler
12 February 2019
IoT
UK-founded industrial IoT analytics startup Oden Technologies raises $10 million
London-founded industrial IoT (IIoT) analytics…
Andrii Degeler
02 July 2018
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