Paris-based startup Filigran is fast becoming the next cybersecurity rocketship to track: The company just raised a $35 million Series B round, only a few months after it raised $16 million in a Series A round.
Meet Storio, a French startup that’s focused on providing smart energy storage for commercial and industrial customers. Founded in 2023, the startup raised a €5 million seed round earlier this year (around $5.5 million at current exchange rates) and has signed its first client.
It’s not every day that you hear about a large funding round for a French startup in the current funding environment. But Neat, a Paris-based insurtech startup, has managed to raise €50 million (around $55 million at current exchange rates).
Bootstrapped companies don’t come up in startup news as often as those backed by venture capital, as the former don’t have shiny funding rounds to flaunt. Fleet is a good example of a company that has never raised outside capital but has been growing steadily.
Meet Adfin, a new UK-based fintech startup that wants to help companies get their invoices paid — whatever it takes. Founded by two fintech experts, the company is starting with a problem and building a product around it. The problem is that it’s still hard to get paid if you’re set up as a sole trader or even a small company that doesn’t have a person dedicated to administrative tasks.
Tengo uses AI to find, evaluate and respond to public tenders. It is a software-as-service tool that helps companies handle public tenders at scale — a bit like Govly in the U.S. Originally created within the startup studio Hexa, the startup raised a €3 million funding round led by Point Nine ($3.2 million at today’s exchange rate).
C12 is announcing that it recently raised an €18 million funding round ($19.4 million at today’s exchange rate). Originally founded in 2020 as a spin-off from the Physics Laboratory of the École Normale Supérieure, the company has been working on a unique process to create quantum computers based on carbon nanotubes.
Who would have thought that Raspberry Pi, the maker of the tiny, cheap, single-board computers, would become a public company? Yet, this is exactly what’s happening: Raspberry Pi priced its IPO on the London Stock Exchange on Tuesday morning at £2.80 per share, valuing it at £542 million, or $690 million at today’s exchange rate.
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