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HealthTech

Swedish HealthTech Startup Eatit Turns Profitable as Revenue Jumps 86%

Stockholm, Sweden — Swedish digital healthcare company Eatit has reported strong financial growth, increasing its net revenue by 86% year-over-year to SEK 36.6 million while reaching profitability. The milestone...

Nastya Zelenovska2 days ago

PropTech

Cleean Raises €550K to Scale Drone-Powered Building Cleaning Services

Stockholm, Sweden — Swedish startup Cleean has raised SEK 6 million (€550,000 / $630,000) in its first external funding round. The investment was provided by VEQ and will support the company’s...

Nastya Zelenovska2 days ago

BioTech

Emulsi Biotech Raises €640K Pre-Seed Round to Advance Oral Drug Delivery for Biologics

Lund, Sweden — Swedish biotech startup Emulsi Biotech has secured SEK 7 million (€640,000 / $740,000) in a pre-seed funding round led by BSV Ventures, with participation from Almi Invest and two...

Nastya Zelenovska2 days ago

PlutoVets Secures €680K Investment from Flat Capital to Expand Modern Veterinary Care

HealthTech

PlutoVets Secures €680K Investment from Flat Capital to Expand Modern Veterinary Care

Stockholm, Sweden — Swedish veterinary startup PlutoVets has secured SEK 7.4 million (€680,000 / $790,000) in funding from publicly listed investment firm Flat Capital, which becomes one of the company’s...

Nastya Zelenovska2 days ago

Semiconductor pioneer FMC raises €100 million to set new standards for memory chips

AITech

Germany’s FMC raises €100M to cut AI data-centre energy use and boost Europe’s chip sovereignty

Dresden-based semiconductor startup FMC has secured €100 million to scale its low-power memory chips for AI data centres — one of the largest funding...

Gerald MillerNovember 13, 2025

London’s FALKIN raises €1.7M to fight scams before they happen As AI-driven scams surge across Europe, London-based digital safety startup FALKIN has raised €1.7 million ($2 million) in pre-seed funding to stop fraud before it starts. The round was led by TriplePoint Ventures, with backing from Notion Capital, BackFuture Ventures, Aviva/Founders Factory, Haatch, Found Capital, and Founders Capital. Individual investors include fintech veterans Pierre Decote, Group Chief Risk Officer at Revolut, and Ben Enckevort, CTO and co-founder of Metomic. Shifting protection from payments to persuasion “The new battlefield isn’t payments – it’s persuasion,” said Boaz Valkin, co-founder of FALKIN. “Protection has to move earlier, to the moment before someone clicks, replies, or transfers. We’re turning AI from a weapon of deception into a tool for defense.” Founded in 2024, FALKIN builds embedded AI tools that detect manipulation and deception before a transaction ever takes place. Instead of monitoring fraud after money moves, the company integrates real-time behavioral analysis directly into banking and customer-service apps, helping financial institutions prevent scams at the source. According to co-founder and COO Joel Frisch, “Modern scams are sophisticated, and no single red flag tells the whole story. The key is to analyze all the signals that reveal deception to build a complete picture. When we embed that intelligence inside the banking apps people already trust, protection becomes effortless.” A growing European battle against AI-enabled fraud FALKIN’s funding comes amid a broader wave of investment in anti-fraud innovation. Across Europe, startups like Hawk (Germany), Resistant AI (Czechia), and Acoru (Spain) have collectively raised over €80 million this year to tackle rising financial crime driven by AI. A recent EU-Startups report found that AI-related fraud losses in Europe have surpassed €1.3 billion, as deepfakes, voice cloning, and synthetic identity attacks become mainstream tools for scammers. “AI has blurred the line between what’s real and what’s fake, and traditional systems aren’t built for that reality,” said Sam Stone of TriplePoint Ventures. “FALKIN’s vision to make proactive safety universal has the potential to redefine digital trust.” The invisible enemy Scams now represent one of the fastest-growing financial threats worldwide. Deloitte projects that U.S. losses from authorized push payment fraud could hit €12.9 billion ($15 billion) by 2028, while the U.K. saw over seven million victims last year—most of whom never reported the crime. Despite heavy investment in fraud detection, most tools still activate after funds have left an account. FALKIN’s approach moves protection upstream, targeting the psychological manipulation that precedes scams. Early trials with bank innovation teams and tens of thousands of users across the U.S. and U.K. have shown promising results: 78% of users reported feeling safer online, and over half said prevention was more valuable than reimbursement. Next steps: embedding safety everywhere The fresh capital will accelerate hiring, product development, and financial-institution integrations, as well as support the launch of Safety Labs — a program helping community banks and credit unions deploy scam-prevention tools with minimal technical effort. FALKIN is also expanding its integration ecosystem, allowing financial institutions to embed digital safety layers across customer journeys and communication systems. “Scammers are using AI to scale deception,” Valkin said. “We’re using it to scale trust.”

FinTech

London’s FALKIN raises €1.7M to fight scams before they happen

London-based digital safety startup FALKIN has raised €1.7 million ($2 million) in pre-seed funding to stop scams before they start, as banks and consumers...

Gerald MillerNovember 11, 2025

Liisa Pakosta the Minister responsible for delivering this complex brief

From the Editor

A Question Of Trust: Liisa Pakosta, Minister of Justice and Digital Affairs of Estonia

How the Estonian government has built trust with its people By Mike Southon, All political parties promise freedom, prosperity, and a great quality of...

Mike SouthonNovember 11, 2025

BTRY raises €4.9 million as Switzerland enters the solid-state battery race to challenge Asian dominance

News

Switzerland’s BTRY Secures €4.9M to Push Europe Into the Solid-State Battery Race

Zurich-based BTRY AG has raised €4.9 million in an oversubscribed Seed round, positioning Switzerland on the map in the global race for next-generation solid-state...

Gerald MillerNovember 6, 2025

From the Editor

A Safe Pair of Hands – Alison Grade

It is good business sense to hire a freelancer – here are some top tips Like many entrepreneurs, I am part of what is...

Mike SouthonNovember 5, 2025

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