UK-based PeppercornAI, a conversational AI insurtech company, announced that it has secured £3.25M (approximately €3.78M) in its latest round of funding. Despite a 34 per cent decrease in investment in UK fintech and insurtech sectors last year, PeppercornAI says its funding round was oversubscribed. Wealth Club contributed £1.9M (approximately €2.21M) of this amount and the funding also involved high net-worth investors, alongside existing investors EHE Capital and Angels Invest Wales. In April 2022, PeppercornAI secured £1.8M in seed funding from EHE Capital. PeppercornAI founder, Nigel Lom ..read more

London-based Sorted, a recycling technology company, announced on Wednesday that it has secured £1.65M (approximately €1.9M) in a seed funding round led by Pi Labs.  Founded in 2015, Pi Labs actively invests globally at the early stages of the startup journey – from pre-seed to series A. Other investors, include Antler, Archipelago Ventures, Conduit Connect, and several angel investors.  The latest funding will help the UK company to accelerate its product development and expand its technical team. The company aims to make recycling more effective and sustainable, reducing the volum ..read more

Utrecht-based Beyond Weather, a company leveraging AI for weather predictions has secured €250K in fresh funding from Eindhoven-based LUMO Labs. The investment follows previous funding from TTT-AI, NWO, and Rabobank, which helped in the development and validation of Beyond Weather’s technology. Andy Lurling, Founding Partner of LUMO Labs, says, “Although we must all press on with our efforts to stop and reverse climate change, there is no denying that amid escalating climate change-induced weather events, today and in the foreseeable future, accurate forecasts are crucial.” “Our investment wi ..read more

After nine years at the helm, Peter van Sabben, the co-founder and CEO of Growth Tribe, has announced his decision to step down from his role.  He will be handing over the reins to his co-founder, David Arnoux.  “Never easy to step back as a founder, but it is the right one and the right time for both the company and me,” says Sabben. Growth Tribe is an Amsterdam-based digital learning partner for individuals & organisations, specialising in data science, growth, innovation, and customer experience.  The platform empowers individuals, teams, and organisations to acquire the ..read more

Amsterdam-based Meridia, an AgTech company, announced that it has completed its Series A funding round with a raise of €5.2M. The funding came from a consortium of new investors, including Intercontinental Exchange (ICE), Regeneration.VC, Edaphon, Cerigo Investments, Cerulean, Sabi Fund, and an investor represented by Sagana, among others. Capital utilisation The funds will be used to expedite the expansion of Verify, Meridia’s data verification platform. Verify helps companies evaluate and manage risks associated with the agri-commodity field and physical flow data. Thomas Vaassen, Meridia C ..read more

Tallinn-based Salesforge, a developer of an all-in-one sales execution app, announced on Wednesday that it has secured $500K (approximately €467K) in a pre-seed round from BADideas.fund, Spring Capital, Fiedler Capital, and super angel Maciej Zawadzinski. The recent funding round will support Salesforge’s growth and expansion, enabling the company to unlock new channels and autonomous capabilities.  Additionally, CRM integrations will cover the entire pipeline generation process, says the company.  To date, the company has attracted over 800 customers in the US and EMEA, achieving ..read more

London-based Fundpath, an intelligent data-driven SaaS platform, announced on Tuesday that it has secured £2M (approximately €2.3M) in a fresh funding round from Fuel Ventures.  This second round of funding follows the £4M (approximately €4.6M) investment made in March 2023. Additionally, the announcement comes as Fundpath reaches a key milestone, with 100 asset management firms onboarded.  The latest funding will allow the UK company to accelerate its product roadmap by further investing in people, technology, and data. Fundpath Co-Founder & CEO, Jamie Hinchliffe comments, “Inv ..read more

London-based Seraphim Space, a SpaceTech investment group, announced that it has completed the first phase of fundraising for its new venture fund, Seraphim Space Ventures II LP (SSV II). SSV II’s new investment partners include Eutelsat, NEC, and the SKY Perfect JSAT. Mark Boggett, CEO and General Partner at Seraphim Space says, “We are delighted to announce that Seraphim Space Ventures II has achieved its first close and are excited to continue our quest for helping SpaceTech’s most pioneering entrepreneurs change the world for the better.” “By focusing on investing globally and at an early ..read more

Invest-NL, a Dutch national financing and development institution, announced on Tuesday that it has invested €5M in Regeneration.VC Fund II, a venture capital fund that invests in circular and innovative climate technologies aimed at consumers. Regeneration.VC Fund II, with a planned size of €150M, focuses on investments in and from the Netherlands. The fund aims to create a bridge between the Netherlands and the US, giving Dutch companies access to American multinationals, capital markets, and local market expertise.  Regeneration.VC has partnered with the Circle Economy Foundation to l ..read more

Paris-based RockFi, a new private wealth management, announced that it has secured €3M in funding led by Varsity I, and initiated by Didier Valet, former Deputy CEO of Societe Generale.  The investment also saw participation from tech and private management business angels such as Antoine Freysz (from Kerala), Quentin Nickmans and Amaury Sepulchre (from Hexa), and Alexandre Dalyac (founder of Tractable). RockFi will use the funds to triple its workforce, which currently has 15 employees, by the year-end, expanding its team of private bankers and wealth management experts to cover all of ..read more