Isomorphic Labs raises $600m in first external funding
London and Lausanne-based Isomorphic Labs, an AI-first drug design and development company, announced it has raised $600 million in its first external funding round. Isomorphic…
London and Lausanne-based Isomorphic Labs, an AI-first drug design and development company, announced it has raised $600 million in its first external funding round. Isomorphic…
Deutsche Bank has announced changes to its management structure, with CEO Christian Sewing having his contract renewed until 2029 and Raja Akram joining the firm from Morgan…
Swedish investment giant EQT announced the closing of its flagship infrastructure fund EQT Infrastructure VI on €21.5 billion in total commitments, including €21.3 billion in fee-generating…
Barcelona-based Sateliot said it successfully closed its €70 million Series B funding round, strengthening its position “as the world’s first 5G-IoT telecommunications operator from space.”…
Marseillie-based GravitHy, a future low-carbon iron producer, announced a €60 million funding round – which includes public funds from the French programme “Première Usine”. The…
Berlin-based Amboss, the resource for medical education and clinical decision-making in Germany and the US, has closed a €240 million financing round with new long-term investors….
Belgium-based Augustine Therapeutics NV said it successfully completed its Series A financing round, raising a total of €77.7 million. Augustine Therapeutics is a biotechnology company focused…
Miami International Holdings, Inc. (MIH) and The International Stock Exchange Group Limited (TISE) of Guernsey have reached agreement on the terms of a recommended cash…
By Mark McSherry Outstanding government and company bond debt worldwide exceeded $100 trillion last year, the OECD said in a new report. Governments and companies borrowed…
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…
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 Infrastructure Partners (CIP) announced that its fifth flagship fund, CI V, surpassed its target size of €12 billion at final close. CIP said the…
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….
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…
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,…
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…
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…
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, a provider of “Decision Intelligence” (DI) solutions for the public and private sectors, announced it has completed a $175 million Series F investment round,…
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…
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…
Paris-based Amundi, the largest European asset manager, said it has been appointed by The People’s Pension (TPP), one of the largest independent master trusts in…
The EIB Group – made up of the European Investment Bank (EIB) and the European Investment Fund (EIF) – signed a new synthetic securitisation operation with…
Warsaw-based Nomagic, a provider of AI powered robotics for warehouses and the fulfillment sector, announced the successful close of its latest investment round, securing $44…
Chicago-based private equity firm Thoma Bravo, the global software investment firm, announced the completion of fundraising for its first European-focused fund, the Thoma Bravo Europe…
Geneva-based Sparta Commodities, a provider of real-time intelligence for commodity traders, has secured $42 million in Series B funding led by One Peak, with continued…
Sweden’s Telia Company agreed to sell its TV & Media business, including the TV4 and MTV brands in Sweden and Finland respectively, to Norway’s Schibsted…
Paris-based 73 Strings, the financial intelligence platform using AI to for data extraction, monitoring and valuation in the $17.6 trillion alternative asset management industry, has…
Reneo, the Hamburg based “single-source solution” for cost-efficient, large-scale decarbonisation of residential real estate, announced it amassed a €600 million capital platform “to identify and…
Euronext has announced the launch of fixed income derivatives on main European government bonds. “This innovative offering introduces the first-ever mini futures cash-settled on European…
Swedish investment giant EQT, which manages €269 billion of assets, has appointed Per Franzén its new CEO and managing partner, effective as of its Annual Shareholders’…
Berlin-based VC naturalX Health Ventures has announced a €100 million fund to “fuel the future of consumer health in Europe” and to support “proactive healthcare, filling a…
Venture Capital funds invested into Irish SMEs reached a new high of €1.48 billion in 2024, or 9% up on the previous year, which itself…
BNP Paribas has signed an agreement with the European Investment Bank (EIB) that will stimulate up to €8 billion of funding for wind energy projects…
The European Investment Fund (EIF) has unveiled Green Private Credit, a pioneering private debt fund of funds dedicated to promoting sustainability and climate-focused financing. Launched…
Antwerp-based DPG Media Group has signed a new lending agreement with the European Investment Bank (EIB). The EIB said that after a first loan signed…
Dublin-based Tines, the startup focused on “AI-powered workflows”, announced $125 million in Series C financing, valuing the company at $1.125 billion. The round was led…
Stockholm-based Evroc, the pan-European cloud startup, has announced a “landmark” initiative to build its first AI factory in Mougins in the south of France, strengthening…
A consortium led by Elon Musk said it has offered $97.4 billion to buy the nonprofit firm that controls ChatGPT maker OpenAI, months after the…
The “EU AI Champions Initiative” — a long-term effort uniting more than 60 leading European companies ranging from startups to established incumbents — has been…