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

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

Sjeel Koster, CEO and co-founder of HolidayHero, announced on Monday that she is stepping down from her role.  HolidayHero empowers hotels and short-term vacation rental hosts to manage guest experiences beyond booking.  With the HolidayHero Guest app, users can save time on guest management, boost topline revenue, and exceed overall guest expectations. “Two years ago becoming a founder felt like the next logical step for me, drawing on my diverse experiences from working in various startups and scale-ups. But something was missing—a challenge I hadn’t tackled yet: building a compan ..read more

AutoBinck Group, a Dutch family-owned business focusing on mobility and energy, has become the full owner of SnappCar, a company that claims to be the largest car-sharing platform in the Netherlands. This deal consolidates ownership from numerous shareholders to a single entity. Furthermore, SnappCar’s founder, Victor van Tol, is returning as the CEO of the company. Over the last four years, SnappCar’s shared car usage has doubled. AutoBinck, a shareholder in SnappCar since its founding in 2011, is now the sole owner, showing its commitment to further growth. Paul Zekhuis, CEO of AutoBinck Gr ..read more

Melbourne-founded, Singapore-based Airwallex, a financial platform that helps businesses manage everything from payments to embedded finance, announced a partnership with Amsterdam-based Bird (previously MessageBird). As a part of the partnership, Bird will leverage Airwallex’s financial infrastructure to simplify payments for over 30,000 customers, replacing the more than 20 global banks it relied on previously, thus streamlining its international payments operations.  Bird’s platform, applications, and APIs assist over 29,000 businesses in creating engaging experiences through their cu ..read more

Belgium-based investment firm Impact Shakers announced on Friday, April 19th, that it has launched a new €20M venture fund, Impact Shakers Ventures.  Through this fund, Impact Shakers will invest in startups from across Europe that are led by diverse founders and are focused on climate tech, impact infrastructure, and inclusion tech.  About Impact Shakers  Impact Shakers is an investment firm that aims to tackle societal and environmental challenges through inclusive entrepreneurship. It claims to do so by working closely with capital providers, entrepreneurs, and partners with ..read more

Amsterdam-based Alleo (formerly YourCampus), an HR platform focused on improving employee benefits and compensation, has secured €5M in a Series A round of funding.  The Dutch startup has now raised €8.2M in total funding. Mediahuis Ventures led the latest round alongside existing investors, including Newion, Dutch Founders Fund and ROM InWest. Tea Elezi, an investor at Mediahuis Ventures, says, “Alleo has distinguished itself as a visionary company that is defining the future of work. Their platform uniquely allows employees to adjust their compensation to suit their life stages, provid ..read more