Munich-based The Mobility House, a company that provides mobility energy solutions, announced on that it has secured investment from RheinEnergie, a Cologne-based energy service provider. However, the exact details about the funding were not disclosed. The Mobility House’s technology portfolio focuses on transforming mobile and stationary electric vehicle batteries into aggregated storage and flexibility potential. As part of this strategic partnership, RheinEnergie will expand its offering in particular in the energy supply for households and electromobility in the future. https://siliconcanals.com/news/startups/the-mobility-house-gets-investment-from-rheinenergie/

14Peaks’ inaugural fund has closed with $30 million raised from a combination of family offices and high-net-worth individuals. Edoardo Ermotti, the founder of this Swiss venture capital firm, sought to recruit a relatively tight circle of limited partners – a select group with relevant experience and contacts for portfolio companies as well as capital to offer. Although the fund has only formally closed this month, Ermotti has been raising money since 2022, when 14Peaks was launched, and has already added 11 companies to the portfolio. The fund’s focus is on business-to-business software providers in two verticals – financial technology (fintech) and the future of work. Early investments include a stake in Rain, the US fintech which works with employers to offer staff advances on salary for hours they have already worked, and Threatfabric, a Dutch cybersecurity specialist. https://www.forbes.com/sites/davidprosser/2024/04/23/14peaks-raises-30-million-to-back-fintech-and-the-future-of-work/?sh=456b0cc592b8

roclub, a Berlin, Germany-based company which specializes in teleoperations for the global healthcare landscape, raised €4M in Seed funding. The round was led by Speedinvest and FJ Labs alongside Better Ventures and strategic angels. The company intends to use the funds to expand its operations from DACH to the rest of Europe and the US, further develop its remote healthcare service marketplace, and grow its international team. Founded in 2022 by Dr. Matthias Issing and André Glardon, roclub provides a teleoperation platform that makes it possible to access and operate medical devices from anywhere in the world. https://www.finsmes.com/2024/04/roclub-raises-e4-0m-in-seed-funding.html

Smart Reporting, a radiologist-founded technology startup, has raised nearly $25 million in new funding. Munich, Germany-based TVM Capital Life Science led the Series C financing round with additional contributions from Bayern Kapital and existing investors. Medical documentation currently occupies about 40% of a physician’s day, but Smart Reporting aims to address this by automating and streamlining workflows, with a focus on imaging. The company plans to use the money to expand product development and international partnerships, broadening its presence across the U.S., Canada, Australia and New Zealand. https://radiologybusiness.com/topics/health-it/enterprise-imaging/imaging-informatics/radiologist-founded-technology-startup-smart-reporting-raises-25m

neurocare, a Munich, Germany-based personalized mental health care company, raised EUR 16M in funding. TVM Capital Healthcare made the investment. The company intends to use the funds to expand its international growth plans, including US and market entry into the Kingdom of Saudi Arabia, as well as support the development of new hardware and software innovations. eurocare is a healthcare company that offers an integrated, personalized treatment based on clinical evidence. Its digital therapy platform (DTP) is empowering doctors to offer their patients the best care for a variety of psychological or neurological conditions. https://www.finsmes.com/2024/04/neurocare-raises-eur-16m-in-funding.html

Swiss-headquartered lending platform Teylor has acquired the German SME financing platform creditshelf. The transaction is structured as an asset deal, whereby Teylor will purchase the key operating assets of creditshelf AG. Teylor plans further acquisitions of businesses that will expand its client reach, product competence and regional scope as well as enhancements of the (tech) platform, in an effort to build Europe’s leading lending platform. As well as ambitions to further consolidate its market share, the company also plans to close significant growth equity and debt fundraising rounds to support its further development and M&A strategies. https://tech.eu/2024/04/24/teylor-acquires-creditshelf-in-a-quest-to-dominate-european-lending/

Culminate Foods, a Berlin, and Hannover, Germany-based cellular agriculture company, raised €2.3M in funding. The round was led by High-Tech Gründerfonds (HTGF). Life Science ValleyWachstumsfonds, b.value AG, Kale United, and Big Idea Ventures also participated. The company intends to use the funds to scale up production processes, expand commercial collaborations and operation. Cultimate Foods is a cellular agriculture company that creates alternative fat ingredients for plant- based meat products. It is a B2B partner in supplying cell-cultivated premium fat ingredient to the alternative meat industry to tackle this problem. The company already run several commercial pilots with the food industry leaders. https://www.finsmes.com/2024/04/culminate-foods-raises-e2-3m-in-seed-funding.html