EU-Startups

Berlin-based Everphone, a Device-as-a-Service provider, today secured €15 million in refinancing in order to issue employees of client companies new workplace devices as part of long-term leases 🇩🇪 🌟

The financing was lended from Commerzbank AG and the development bank KfW, and follows a €270 million Series D in 2024 – a round that also included KfW.

“In Device-as-a-Service, profitability is determined at the level of unit economics, and financing costs are one of the largest items there. Our corporate finance team has set up several facilities in recent years and has further reduced the interest margin with each round. The arrangement with Commerzbank and KfW represents the biggest step to date in terms of inventory,” says Dr. Veronika von Heise-Rotenburg, CFO, Everphone.

Everphone secures €15 million to finance new devices for corporate customers | EU-Startups Berlin-based Everphone, a Device-as-a-Service provider, today secured €15 million in refinancing in order to issue employees of client companies new

Inbolt, a Paris-based robot intelligence company that enables robots to see, think, and adapt in real time, has raised €11 million to fund US and APAC expansion and entry into data centres and electronics manufacturing. 🇫🇷 🤖 👁️

The round was led by new investor Shift4Good, and joined by Bridges Climate Transition Partners. Existing investors BNP Paribas Développement and Ora Global also participated, bringing Inbolt’s total funding to €30 million.

“Robots have been running blind for fifty years. Fixing that isn’t about better hardware. It’s about giving every robot, regardless of make or model, the intelligence to see and adapt in real time. This round lets us bring that to manufacturers everywhere, not just the ones with the deepest integration budgets,” said Rudy Cohen, co-founder and CEO, Inbolt.

https://www.eu-startups.com/2026/09/paris-based-inbolt-raises-e11-million-to-give-industrial-robots-real-time-vision-and-intelligence/

British private equity firm Aspirity Partners has acquired a majority stake in Onomondo, the Danish IoT infrastructure & connectivity company, leading a combined investment north of €100 million 🇩🇰🤝🇬🇧

EIFO, Denmark’s sovereign investment fund and an Onomondo backer since 2021, will increase its investment alongside Aspirity.

Henrik Aagaard, CTO and co-founder of Onomondo , says: “For decades, technological progress was limited by our ability to process huge amounts of data. AI has changed that. The next challenge is creating the right data and getting it to the right place. That is an infrastructure problem, and it is the problem we have spent eight years solving. Our network gives customers a consistent way to connect devices, create data and build intelligence into the physical world.”

Aspirity Partners makes Nordic debut with €100 million+ investment in Onomondo | EU-Startups British private equity firm Aspirity Partners has signed a definitive agreement to acquire a majority stake in Onomondo, the Danish IoT infrastructure

Voi Technology, the Stockholm-based e-scooter and e-bike sharing company, has signed a €150 million revolving credit facility (RCF) with three Nordic banks. 🇸🇪 🛴 💶

The Swedish micromobility startup has entered into the new RCF with Danske Bank, Swedbank and DNB Sweden. According to Voi, this new facility represents a further step in its financial development and marks a new stage in its financing strategy.

“This is an important milestone in our financial development, and follows the strong cash flow generation over the past years. The new facility gives us access to more flexible and cost-efficient financing as we continue to scale. We thank our current banks Danske Bank and Swedbank for their continued support and welcome DNB Bank on our journey ahead,” said Mathias Hermansson, CFO and Deputy CEO of Voi.

Swedish micromobility company Voi secures €150 million RCF to redeem outstanding bonds and scale its fleet | EU-Startups Voi Technology, the Stockholm-based e-scooter and e-bike sharing company, has signed a €150 million revolving credit facility (RCF) with three Nordic

Blue Health Intelligence, an Amsterdam-based preventive health care startup, has secured €3.4 million in funding for international expansion and further product development. 🇳🇱 🩺 ⏱️

The round was led by Knop Investments, with participation from entrepreneurs such as Jeroen Tas, former Chief Innovation and Strategy Officer at Philips, and Dutch lifestyle influencer Anna Nooshin.

“In countries such as Japan, Germany and the UK, periodic health checks are already embedded in the healthcare system, but unfortunately that is not yet the case in the Netherlands. By gaining earlier insight into their health, people can stay healthy for longer and health issues can be prevented. With our affordable health checkup, we aim to make prevention more accessible to many people,” said Onno Huyghe, CEO and co-founder of Blue Health Intelligence.

Amsterdam's preventive HealthTech Blue Health Intelligence raises €3.4 million to expand across Europe | EU-Startups Blue Health Intelligence, an Amsterdam-based preventive health care startup, has secured €3.4 million in funding for international expansion and further

KHOY company, a Helsinki-based direct-to-consumer design and furniture company, has raised €2 million in growth funding. 🛋️ 📦 🇫🇮

The round was led by Finnish private equity investor Virta Equity, with participation from Innovestor and several angel investors.

“We have proven that there is strong demand for a simpler way to buy furniture online. We have grown quickly while building a profitable business, and this funding allows us to accelerate from a strong position. Our ambition is to build KHOY into a major global online brand, with European quality,” said Visa Fristromöm, co-founder and CEO, KHOY Company.

Helsinki-based KHOY raises €2 million to take its vacuum-packed sofa beds across Europe and the US | EU-Startups KHOY Company, a Helsinki-based direct-to-consumer design and furniture company, has raised €2 million in growth funding. The round was led by Finnish

Reverion, an Eresing-based firm that builds reversible fuel cell power plants for decentralised energy supply, has closed a €154.2 million Series B funding round to scale production of its dispatchable, carbon-negative power plants. 🇩🇪 ⚡ 🌱

The round was led by Kembara VC, Mundi Ventures’ €1 billion DeepTech and climate fund. The round also saw participation from new investors Allianz Investment Management, KfW Capital, Aurum Impact, and Carbon Equity, alongside existing backers Extantia, Energy Impact Partners, UVC Partners, EIC - European Innovation Council Fund, alfa8, and Possible Ventures.

Stephan Herrmann, CEO and co-founder of Reverion, said, “Solar and wind give us clean energy, but only when the weather cooperates. What the world needs is clean power on tap. By closing this Series B, we are laying the foundation for industrial mass production. We are building the dispatchable, carbon-negative engine that allows grids and heavy industry to run 100% clean, 24 hours a day, 365 days a year. The financing allows us to build an additional production site and to scale the product further, into the megawatt class. That opens up entirely new markets for Reverion.”

Germany’s Reverion raises €154.2 million to scale production of power plants that generate electricity from gas | EU-Startups Reverion, an Eresing-based EnergyTech company that builds reversible fuel cell power plants for decentralised energy supply, today announced the closing

UK venture capital is closing the gap with the US. New British Business Bank data shows UK VC matched US long-term returns, while more recent UK funds have outperformed both US and European peers. 🇬🇧📈

British Business Bank Chief Investment Officer Leandros Kalisperas says: “For many years, US venture capital has been seen as the world-leader. This research shows the UK is increasingly closing the gap, matching US returns overall and outperforming among the latest generation of funds.

“It underlines the quality of the UK’s venture sector, and its ability to support innovative businesses from startup through to scale-up.”

UK venture capital matches US long-term returns as newer funds pull ahead | EU-Startups The UK venture capital market has matched the United States on long-term fund performance while its newest generation of funds is outperforming both US

Europe’s energy grids are ageing, labour shortages are mounting, and robotics is moving from pilot projects into real-world deployment. Can the continent keep up and carve a niche in the global energy sector? 🚁 🇪🇺

Our latest feature looks at why 2026 could be a turning point for energy robotics - from drones inspecting turbines and power lines to the software platforms coordinating fleets at scale.

With insights from Michał Gawęda of Montis VC, Marc Dassler of Korial, and Niall Coogan of AssetCool, we explore where the technology is delivering value, what is still holding it back, and whether Europe can carve out an advantage between China’s hardware strength and the US lead in AI.

China builds the robots, the US backs the AI - can Europe win the energy grid? | EU-Startups Around 40% of EU grids are already more than 40 years old, while Europe may need more than one million additional workers to support the energy

Paris-based Rayon.design, the browser-based drawing software for interior designers, has raised €10 million in Series A funding. 🇫🇷 ✏️ 🤖

The funding round was led by Partech with participation from existing investors Northzone, Foundamental, and Seedcamp. The Series A round takes Rayon’s total funding to nearly €16 million.

“People open Rayon in a browser and expect a toy web application, but they discover a performance and a feature set that are better than most legacy CAD software. Our superpower is to make professional-grade CAD software approachable,” said Bastien Dolla, co-founder and CEO of Rayon.

Paris-based Rayon raises €10 million to build the drawing layer for interior design’s AI era | EU-Startups Paris-based Rayon, the browser-based drawing software for interior designers, has raised €10 million in Series A funding. The funding round was led by