Breaking Tech Europe - Article Summaries: MicroLub, Creem, Nearby Computing, Zopa, Integral
This week's highlights of European technology news
- MicroLub raises $10M to cut fat and calories without compromising taste
MicroLub, a deeptech ingredient solutions company from the University of Leeds, has raised $10 million led by Northern Gritstone. The funding will help scale up their patented technology that reduces fat content in foods by up to 75% while maintaining taste and texture. This innovation is essential for food manufacturers facing pressure to enhance the nutritional quality of their products amid rising health concerns and dietary changes among consumers.
Read more - Creem secures €5M to build financial infrastructure for AI-native startups
Billing platform Creem has raised €5 million to enhance its service for AI-native companies, simplifying billing, payments, and revenue management. This funding is set to develop their next version, Creem 2.0, which will integrate various financial tools into a single platform, catering to the fast-paced requirements of small software firms.
Read more - Nearby Computing secures €680K to scale cloud-to-edge orchestration platform
Nearby Computing has raised €680,000 to expand its cloud-to-edge orchestration technology that automates distributed environments. The funding will enable the development of a control plane that offers organizations centralized management over fragmented infrastructure, significantly streamlining operations across industrial and retail sectors.
Read more - Zopa moves into AI voice banking services
Zopa, a UK digital bank, is launching an AI-powered voice banking assistant allowing customers to manage their finances through voice commands. This innovation aims to simplify banking processes and enhance users’ experience by providing a more intuitive interface for everyday financial tasks.
Read more - Integral lands €18M Series A for AI-native accounting and tax services
Integral, an accounting tech firm based in Berlin, has raised €18 million to expand its AI-driven accounting services for SMEs. The funding will be used to further develop their AI agents which streamline bookkeeping and payroll processes, thereby addressing labor shortages in the accounting sector.
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