Croatia received record €1.24bn EIB financing in 2024
The European Investment Bank (EIB) Group said its new financing in Croatia reached a record level of €1.24 billion last year, with major support aimed…
March 2025
Madrid’s Adara Ventures in first close of €100m fund
Madrid-based Adara Ventures announced the successful first close of its fourth flagship fund AV4 with a target of €100 million in capital commitments. “This milestone…
Copenhagen Partners green power fund raises €12bn
Copenhagen Infrastructure Partners (CIP) announced that its fifth flagship fund, CI V, surpassed its target size of €12 billion at final close. CIP said the…
Vento launches €75m fund to back Italian founders
Turin-based Vento, a private early stage venture capital fund, said it has launched its second fund of €75 million to further support Italian entrepreneurship globally….
Northvolt files for bankruptcy in Sweden
Swedish lithium-ion battery producer Northvolt AB — which was once Europe’s best-funded start-up — announced on Wednesday that it has filed for bankruptcy in Sweden. Northvolt…
Axelera AI raises up to €61m amid new chiplet launch
Netherlands-based Axelera AI, a provider of purpose-built AI hardware acceleration technology “for generative AI and computer vision inference at the edge” has unveiled Titania, a high-performance,…
Latvia energy firm Latvenergo gets €200m EIB loan
The European Investment Bank (EIB) said it is lending Latvian energy utility Latvenergo AS €200 million to upgrade the country’s electricity distribution network. The EIB…
EIB in €132m support for ESB, Croatian SME lender
The European Investment Bank (EIB) Group said it is providing Croatia-based Erste&Steiermärkische Bank d.d. (ESB) with €132 million in support to expand lending to a…
Germany’s IDnow bought by Corsair in $295m deal
Munich-based IDnow, an identity verification platform provider in Europe, announced a “new strategic investment” from New York-based Corsair Capital. Trade publications reported that Corsair has taken…
Quantexa raises another $175m – now valued at $2.6bn
Quantexa, a provider of “Decision Intelligence” (DI) solutions for the public and private sectors, announced it has completed a $175 million Series F investment round,…
QuantWare raises €20m for mega quantum processors
Netherlands-based QuantWare, the quantum computing company building technology “to create the world’s most powerful quantum processors” has raised a €20 million Series A round. The…
Julius Baer nominates ex-HSBC CEO Quinn as chair
The board of directors of Swiss wealth management group Julius Baer said it will nominate Noel Quinn as the company’s new non-executive chairman for election…