Helsinki-based employee engagement startup Teamspective has raised €900K in pre-seed funding led by angel investors, including Sammeli Sammalkorpi, CEO and Co-founder of Sievo. The funding, which also received support from Business Finland, will be used to develop Teamspective’s network- and relationship-aware engagement solution and expand their commercial team in Finland and the US. Teamspective focuses on optimizing organizational health, communications, and team performance by visualizing communication and decision flows within employee networks. Their AI-powered analysis ensures every employee’s voice is heard, enabling more people-centric organizational decisions and employee autonomy. https://arcticstartup.com/teamspective-raises-e900k-pre-seed/

Investment brings Germany-born cashierless shopping experience to the UK, addressing shoplifting, efficiency and customer satisfaction challenges across the retail sector Autonomo – the start-up behind checkout-free software that enables retailers to convert existing stores into a cashierless shopping experience – has successfully closed a £2m seed funding round. Led by London-based Potter Ventures, the team behind the inamo restaurant group, and Liverpool- based UK investors River Capital through their award-winning EIS growth fund ‘fund:AI’. This latest round brings Autonomo’s total funds raised to ca. £3.8 million, with previous investment coming from a number of parties, including members of The Edeka Group, Germany’s largest supermarket corporation and angel investment from current and former directors at Aldi, Delivery Hero, Metro, Carrefour, Apple and Brookstreet Equity Partners of Mayfair. https://premierconstructionnews.com/2024/03/17/autonomo-secures-2m-funding-kickstarting-expansion-into-the-uk-and-throughout-europe/

Investment brings Germany-born cashierless shopping experience to the UK, addressing shoplifting, efficiency and customer satisfaction challenges across the retail sector Autonomo – the start-up behind checkout-free software that enables retailers to convert existing stores into a cashierless shopping experience – has successfully closed a £2m seed funding round. Led by London-based Potter Ventures, the team behind the inamo restaurant group, and Liverpool- based UK investors River Capital through their award-winning EIS growth fund ‘fund:AI’. This latest round brings Autonomo’s total funds raised to ca. £3.8 million, with previous investment coming from a number of parties, including members of The Edeka Group, Germany’s largest supermarket corporation and angel investment from current and former directors at Aldi, Delivery Hero, Metro, Carrefour, Apple and Brookstreet Equity Partners of Mayfair. https://premierconstructionnews.com/2024/03/17/autonomo-secures-2m-funding-kickstarting-expansion-into-the-uk-and-throughout-europe/

Mindfuel, a Munich, Germany-based data product management company, raised €3.75M in Seed funding. The round was led by Project A Ventures. The company intends to use the funds to accelerate its go-to-market in Europe and the US and further develop the software with over a dozen enterprise customers in Europe. Founded by Nadiem von Heydebrand and Maximilian Könnings, Mindfuel is data product management company that offers an AI-driven SaaS solution augmented by expert services that guide data initiatives from idea to measurable impact. https://www.finsmes.com/2024/03/mindfuel-closes-e3-75m-seed-funding.html

Tuum, a London and Tallinn based core banking provider, announced that Citi Ventures, a venture capital arm of US-headquartered Citigroup, has become a strategic investor in the company as a follow-on from Tuum’s recently announced series B fundraising. At the start of February, Tuum announced a EUR25m Series B fundraise led by CommerzVentures, the proceeds from which will be used for product and market development. The company plans to expand its international presence — targeting new territories in the DACH region, Southern Europe, and the Middle East — and to accelerate investment in its market- leading solution. As strategic investors on behalf of Citi, Citi Ventures — whose mission is to catalyze innovation at Citi by investing in and partnering with category-defining startups with the potential to revolutionize financial services — has invested in an extension to the Series B round and plans to introduce Tuum to key stakeholders within the bank to gauge interest in commercialization opportunities. https://fintechnews.ch/london/citi-ventures-invests-in-core-banking-provider-tuum/69970/

NeoTaste, Germany‘s fastest-growing gastrotech app, has closed €15.1 million in a Series A extension. This adds to the previous round of €5.9 million raised six months ago, totalling the Series A round at €21 million. The funding round was led by Earlybird, a leading European venture capital investor that backed Lilium and Greenlyte, with participation from returning investor Burda Principal Investments (BPI), the independent investment arm of Hubert Burda Media. https://techfundingnews.com/funding-update-neotaste-picks-e15-1m-extension-round-from-lilium-backers-to-strengthen-restaurant-customer-connectivity/

A total of EUR 400mn will be available to Romanian short- and medium-sized enterprises (SMEs) from 1 April, as the Start-Up Nation financing line enters a new phase thanks to an agreement with the European Commission (EC), Romanian European Investments and Projects Minister Adrian Caciu announced, news.ro reports. https://centraleuropeantimes.com/2024/03/romania-earmarks-eur-400mn-for-smes/