VÆRIDION closes a €30m Series A2 and wins a €94.5m European grant, but the grant agreement is unsigned until 2027.
The EU's EuroCDP mobilises €525m for chip design, with €440m in grants, but none is disbursed yet.
Kabilio raises €10m from Picus Capital, Visionaries Club and CDTI for an AI accounting agent that serves nearly 500 firms but is still in beta.
VÆRIDION raises €30m and secures €94.5m EU grant
Funding and deals
VÆRIDION. Munich electric aviation startup raised €30m Series A2 for the first conforming prototype of its nine-seat Microliner, plus a €94.5m EU grant expected in 2027.
Kabilio. Barcelona accounting AI startup raised €10m from Picus Capital, Visionaries Club and CDTI for an agent that retrieves invoices and reconciles transactions.
News
EU launches €525m chip design platform. The European Union launched EuroCDP, mobilising €525m to cut semiconductor design costs, with €440m for grants and €85m for tools, services and cloud infrastructure. Ottavi stresses the money is mobilised, not revenue earned or cheques already paid.
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