NEW Investment: BlueQubit raises $10M to take Quantum software into real-world applications
Integrating quantum computing into real-world computer applications is an ongoing problem, as the platforms are architected fundamentally differently. BlueQubit, a San Francisco-based quantum software startup founded by Stanford alumni, thinks it might have the answer.
Former Czech unicorn team founds AI-powered recruitment startup Finlay
DEPO Ventures announces its investment in Finlay, an AI-powered recruitment startup co-founded by ex-Mews COO, Scott Moran. The €300,000 pre-seed round, led by J&T Ventures alongside DEPO Ventures, aims to redefine how companies source talent across Europe and beyond. With deep expertise from the founding team – including leaders and recruiters from Mews, IBM, Rossum, and Cyrkl – Finlay is set to reshape the recruitment industry.
TelcoBrain Technologies Inc. Announces Convertible Note Funding Round Led by DEPO Ventures
TelcoBrain Technologies Inc. is pleased to announce the successful completion of a convertible note funding round led by DEPO Ventures. This strategic investment marks a significant milestone in TelcoBrain’s mission to revolutionize network evolution and infrastructure management. The funding underscores the confidence in TelcoBrain’s innovative approach to optimizing network and cloud resources based on techno-economic principles.
Cardino's Revolutionary Used EV Sales Model Sparks Investor Excitement with €4 Million Seed Round
Cardino, a pioneer in the used electric vehicle (EV) market, recently announced a triumphant €4 million seed funding round spearheaded by Point Nine. The funding round was supported by an array of distinguished angel investors and notable figures, including key investors from platforms like Rosberg Ventures, Vinted.com, Bolt, HomeToGo, Dance and HeyJobs.
DEPO Ventures and StartupYard Double Down on Early Stage DeepTech Founders
Introducing a new co-investment initiative between StartupYard and DEPO Ventures, introducing the TechBoost Syndicate. This partnership aims to provide swift and efficient funding to early-stage DeepTech startups, helping them progress from the Proof of Concept (POC) phase to becoming investment-ready.
European startups got less money this year,but the sentiment is improving. Target: AI & climate tech
Petr Šíma: Forget about the United States, Europe has already overtaken it in the number of new startups. Moreover, it is the only region where the volume of capital invested in startups this year will be higher than in 2020, by 18 percent. Let's leave aside 2021 and early 2022, when startup valuations skyrocketed and investors bought whatever they could. That was an anomaly. This year, $45 billion will flow into European startups, according to a fresh analysis by Atomico. This is the third highest figure after the two years mentioned above and confirms that the ecosystem is on a strong footing.
Czech health tech start-up KARDI AI received EUR 1.5 million from investors for further development
The start-up KARDI AI, which aims to promote heart health and optimize patient treatment through long-term ECG monitoring and early detection of possible cardiac arrhythmias using artificial intelligence, has now raised a further EUR 1.5 million from investors, bringing the total amount invested in the company to EUR 1.9 million. The funds will help the company to realize its ambitious plans aimed at dynamically increasing the number of users at an international level. The planned steps include, in particular, the introduction of a new version of the product with a higher level of approval from the regulatory authorities. This will support a faster expansion of the network of cooperating cardiologists, neurologists and general practitioners as well as the development of cooperations with other healthcare providers, retailers and health insurance companies. All this with the aim of simplifying and streamlining cardiac healthcare across Europe as quickly as possible.
NEW INVESTMENT: Cardino Secures €1M Pre-seed Funding to Build the Marketplace for Used Electric Cars
Berlin-based startup, Cardino, announces its new online platform tailored for the electric vehicle (EV) market. By leveraging innovative tech features, Cardino promises a seamless, digital experience for both EV sellers and car dealerships. The company successfully closed a €1M pre-seed round, with Silence VC and FJ Labs leading, and involvement from distinguished investors like Asymmetric Capital Partners, DEPO Ventures, Voyagers.io, Inclimo, Gaingels, and other industry experts as business angels.
Our Portfolio Company BLOCKMATE Secures 1.5 million Euro Investment! DEPO Is on Board as a Follow-on
Providing analytical insights into the world of digital assets and becoming a bridge between the cryptocurrency and traditional finance worlds is the goal of the Czech-Slovak startup Blockmate. They are developing a new generation of solutions for secure and consolidated financial services. They have now secured an investment totaling 1.5 million euros (approximately 36 million Czech korunas) from seven investors. The largest portion, amounting to 760,000 euros, will come from Seed Starter of Česká a Slovenská spořitelna. Among other investors are investment funds Tensor Ventures, DEPO Ventures, Token Ventures, BADideas.fund, ZAKA Ventures, and Diaspora Ventures. This investment marks a significant milestone for the company, enabling them to continue connecting cryptocurrencies, digital assets, and traditional finance.
Tapline, a digital finance platform has announced a pre-seed funding of €31.7 million euro
Fasanara Capital, the UK-based alternative asset management company, is providing debt funding of €30m. The €1.7m equity round is led by the Czech VC firm, V-Sharp Venture Studio, alongside Antler, Black Pearls VC, 365 fintech, Depo Ventures, Impetus Capital, and several business angels investing in the round. The funding will allow the Berlin-based team to tap into the exponentially growing SaaS market, where global transaction volumes are set to reach €720 billion in 2028. The investment will also be used to enhance the Tapline solution and hire key individuals around marketing and product.