Adaptive is a platform that provides tools designed to simplify payments and accounting for general construction contractors.

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When VanMoof declared bankruptcy last year, it left around 5,000 customers who had pre-ordered e-bikes in the lurch. Now VanMoof is up and running under new management, and the company’s current owners are courting those same customers by offering them a €1,000 discount off a new bike.

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Fusion power may still be a few years away, but one startup is laying the groundwork for what it hopes will become a bustling sector of the economy.

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The founders of HERO Software didn’t start out to help small tradespeople in construction with a platform. They started out to fight the climate crisis. But in doing so, they stumbled on a way to help the whole business. Now, the company has closed a €40 million Series B financing round, and plans to expand.

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Visual effects have emerged as essential in filmmaking and have transformed storytelling and creativity in the film industry with its diverse digital techniques. However, the high cost of VFX tools often leaves independent filmmakers and content creators working with modest budgets struggling to compete with larger productions

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Joby Aviation is still a year away from commercially launching its electric air taxi designed for urban environments, but the startup is already looking towards its next chapter: Intercity flight, powered by hydrogen.  To get the conversation started with regulators and demonstrate hydrogen’s capabilities, Joby told TechCrunch that it completed a 523-mile test flight.

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Iceland’s startup scene is punching above its weight. That’s perhaps in part because it kept the 2021 hype in check, but mostly because its tech ecosystem is coming of age. Iceland attracted the most venture capital per capita of all Nordic countries in 2023, but that stat is somewhat skewed by its relatively small population.

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SaaS founders trying to figure out what it takes to raise their next round can refer to Point Nine’s famous yearly SaaS Funding Napkin. (The term refers to “back of the napkin” plans or calculations.) Now, European hardware deep tech teams have a similar resource from First Momentum, a pre-seed fund investing in technical B2B

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Nala, a remittance startup that is now widening its portfolio through a new B2B payments platform, has raised $40 million equity in a rare deal that becomes one of the largest Series A transactions in Africa. 

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Solo founder Cat Jones took the plunge on setting up a travel business right around the time the pandemic was hitting Europe in March 2020. Fast forward to summer 2024 and her curated package tour business, Byway, is announcing close of an oversubscribed £5.4 million Series A round (around $6.9M at current exchange rates).

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