Drone delivery startup Wingcopter raises an additional $44M from EIB
Wingcopter, a German startup specializing in delivery drones for remote areas, has secured €40 million (approximately $44 million) in financing from the European Investment Bank. The company will use the funds to expand its hardware line and develop a new business in logistics and delivery servic... Read more
OVHcloud secures €200 million loan from the European Investment Bank
The European Investment Bank (EIB) has awarded OVHcloud a loan of €200 million to boost the French cloud provider's development across Europe.
The money will help OVHcloud expand internationally by establishing fifteen additional datacenters by the end of 2024. Ten of the datacenters will be ... Read more
IQM Quantum Computers gets €35 million to continue development
The European Investment Bank (EIB) has awarded IQM Quantum Computers of Finland €35 million to help it develop and commercialize quantum processors produced at Europe's first quantum-dedicated fabrication facility in Espoo, Finland.
The business is developing on-premises quantum computers for ... Read more
New $200m growth fund to invest in European tech start-ups
Atempo Growth, a London-based debt fund, reacts to the rising demand for debt capital in the European technology sector.
Atempo Growth, which was established in 2021, has reported the first closure of its inaugural fund, with pledges totaling over $200 million. The fund, supported by Banco Santa... Read more