#eqt ventures

[pavel-nosok]

Berlin-based Payrails raises €13.5 million in Seed extension to scale payment operating system across industries

The digital payments market generated €1.4 trillion in revenues in 2021 and is projected to reach €3.1 trillion by 2031. And while payments continue to be a fragmented area for platforms, marketplaces and any large, fast-growing companies that conduct business across markets or with multiple parties in payment flows, the only option for them was… This content is for members only. Visit the site…

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[pavel-nosok]

How Evroc plans to build sovereign, hyperscale data centers in Europe

While cloud computing has transformed just about every industry on Earth, a burgeoning backlash has led some businesses to seek alternatives to the Big Tech-dominated public cloud. Vendor lock-in, spiralling costs, security concerns, and a lack of control over how their data is processed are just some of the reasons companies might retreat from cloud-first strategies. For European companies…

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[pavel-nosok]

Parloa raises $21M to add a little automation to contact centers

It’s estimated that over $400 billion are spent annually to run customer contact centers around the world. To cut costs, in recent years, contact centers have embraced AI and automation; research from The Harris Poll indicates that 46% of customer interactions were already automated as of 2021. That’s good news for the vendors selling contact center automation software. VCs believe that to be the…

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[pavel-nosok]

Foiled again: Candela raises another $20M to set course for the future of ferries

Swedish company Candela will launch its 30-passenger commercial hydrofoil shuttle, the P-12, this summer — the vessel it believes will change the course of motorized water transport. Following on from its C-7 and C-8 leisure cruisers, Candela has already been making waves with its drive to transition to fossil-free waterways. “We are now heavy into the process of finalizing the development and…

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[pavel-nosok]

Flow Engineering wants to modernize the hardware engineering design process

Flow Engineering wants to modernize the hardware engineering design process

Software engineers have a host of tooling to organize their projects, chief being Git software like GitLab or GitHub, but hardware engineers today lack that same organizing principle. They are stuck with a bunch of tech that doesn’t communicate well with each other, leaving them to build Excel spreadsheets to organize their work, a method which is prone to errors due to its manual nature. Flow…

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Sweden’s EQT Ventures closes a its third fund at €1.1B to double down on European and early-stage startups

Sweden’s EQT Ventures closes a its third fund at €1.1B to double down on European and early-stage startups

Startups might be in a funding midwinter, but the ray of sun shining on some VCs speaks of a different trend. EQT Ventures, the venture fund arm of Sweden’s investment giant EQT making early-stage bets on startups primarily in Europe, has closed its latest fund and filled its coffers with 1 billion euros (and $1.1 billion in total commitments). This brings the total raised by EQT to €2.3 billion…

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