
LITILIT Secures €8M Loan to Scale Femtosecond Laser Production
Lithuanian startup LITILIT receives €8M from ILTE to advance its modular femtosecond laser systems, aiming to simplify industrial adoption and expand applications in mass manufacturing.
Staff reporter at Graft and Grit, covering Entrepreneurship.

Lithuanian startup LITILIT receives €8M from ILTE to advance its modular femtosecond laser systems, aiming to simplify industrial adoption and expand applications in mass manufacturing.

A German agritech company has secured funding to expand its climate-smart breeding platform across commercial breeding programs.

Taimi and Hily, two mobile dating apps, are preparing for an initial public offering (IPO) after achieving profitability through bootstrapping. Founded by Jake Vygnan and his Kyiv co-founders, the apps cater to different markets, with Hily targeting mainstream dating and Taimi focusing on the LGBTQ+ community.

Attuned, a Berlin-based startup, is addressing the gap between needing clinical treatment and feeling fine by offering human connection through its platform.

The European tech scene saw significant investments and exits in the past week, with over €763 million invested across 35+ deals and over 10 exits and M&A transactions.

Amber, an AI platform for small and medium-sized businesses, has secured €7 million in Series A funding to expand across Europe and further develop its technology.

Astute, a platform for B2B companies to manage partnerships with creators, raises $1.2 million and launches its new platform.

Nebex, a commercial exchange connecting space companies with sovereign buyers and capital, has launched a €100 million Industrial Return Initiative in France.

Gallos Technologies, a defence tech investor and builder, has raised $50 million in a funding round led by Ventura Capital and Aberdeen Investments.

SoftBank has invested $200 million in Swiss robotics startup Gravis Robotics, in what has been billed as a record investment.

Gary Hoffman, chairman of Monzo's board, will leave the role next month after nearly eight years. He will be replaced on an interim basis by Karen Peacock, a Monzo non-executive director.

Swedish foodtech company Millow has raised €2 million to expand its production capacity and strengthen its commercial operations in the Nordic foodservice market.

Europe's first Marie Skłodowska-Curie Actions (MSCA) Doctoral Network dedicated to quantum error correction, QuBriC, has expanded to include fault-tolerant quantum computing scaleup Alice & Bob.

The EU Industrial Accelerator Act aims to boost domestic manufacturing, but its success depends on early-stage tools like CAD ROOMS, which supports distributed engineering teams. Founder Christina Rebel argues that 'Made in EU' must extend beyond final products to include design and collaboration platforms. Europe excels in R&D but struggles with hardware funding and supply chain diversification, particularly in electronics.

UK-based water technology startup Metal Morph has raised £700,000 in pre-seed funding to advance its technology for recovering industrial resources from water and wastewater treatment processes.

Uber and Pony.ai collaborate to deploy self-driving taxis across four European cities, marking a significant step in the commercialization of autonomous vehicles in the region.

Klarna and Zilch, two major fintech companies, have introduced new membership packages to compete with traditional credit card firms.

Germany has emerged as Europe's second-largest technology funding market, with companies raising €6.3 billion across 267 deals in the first half of 2026.

Duolingo has acquired Animade, a London-based animation and motion design studio, to enhance its product innovation and creative initiatives.