Atomic Brew-June 20th

Icelandic Startup DTE Raises €9.1M to Disrupt Metals Production

Icelandic startup DTE has raised €9.1 million in funding to develop its LP-LIBS technology, which has the potential to disrupt the metals production industry.

LP-LIBS stands for Laser-Plasma-Induced Breakdown Spectroscopy. It is a new technology that can be used to analyze metals and other materials with high precision and accuracy. This makes it ideal for a variety of applications in the metals production industry, such as quality control, process optimization, and recycling.

The funding will be used to further develop DTE's LP-LIBS technology and to bring it to market. The company plans to target the automotive, aerospace, and defense industries, where there is a high demand for high-quality metals.

DTE's technology has the potential to revolutionize the metals production industry. It could make the industry more efficient and environmentally friendly, and it could also open up new markets for metal producers.

SeedBlink Launches Nimity to Simplify Equity Management for European Startups

SeedBlink, a Romanian investment platform for technology startups, has launched Nimity, a product designed to simplify equity management for entrepreneurs and private investors.

Nimity is a cloud-based platform that provides a single place for startups to manage their equity, including cap table tracking, investor governance and communication, ESOP (Employee Stock Ownership Plans) automation, and fundraising.

The platform is designed to be user-friendly and affordable, making it a valuable tool for startups of all sizes.

Visma Acquires Clevergig to Expand Workforce Management Offerings

Visma, a Norwegian software company, has acquired Clevergig, a Dutch workforce management platform. The acquisition is part of Visma's strategy to expand its workforce management offerings and to provide its customers with a more comprehensive suite of solutions.

Clevergig's workforce management platform is used by businesses of all sizes to manage their employees, timesheets, and payroll. The platform is cloud-based and mobile-friendly, making it easy for businesses to use from anywhere.

Visma believes that the acquisition of Clevergig will help it to better serve its customers and to grow its workforce management business. The company plans to integrate Clevergig's platform with its existing workforce management solutions to create a more comprehensive and user-friendly solution.

The acquisition of Clevergig is the latest in a series of moves by Visma to expand its workforce management offerings. In 2021, Visma acquired Primavera, a provider of construction management software. The acquisition of Primavera gave Visma a leading position in the construction management market and helped it to expand its workforce management offerings to businesses in the construction industry.

Brighteye Closes €100M Fund to Back Edtech Startups in Europe

Brighteye Ventures, a European edtech venture capital firm, has closed its second fund at €100 million. The fund will be used to invest in early-stage edtech startups across Europe.

Brighteye was founded in 2017 by Benoit Wirz and Marc-Antoine Leblanc. The firm has a strong track record of investing in successful edtech startups, including Memrise, GoStudent, and Classcraft.

The new fund will be used to invest in edtech startups that are using technology to improve learning and education. Brighteye is particularly interested in startups that are using artificial intelligence, machine learning, and other innovative technologies to personalize learning, improve student outcomes, and make education more accessible.

TAPP Secures €3M to Deliver Data-Driven Insights to Hospitality Industry

TAPP, a Dutch company that provides data-driven insights to the hospitality industry, has secured €3 million in funding. The funding round was led by StartupAmsterdam and ROM InWest.

TAPP's platform uses machine learning and artificial intelligence to analyze data from cash registers, point-of-sale systems, and other sources. This data is then used to provide insights into customer behavior, sales trends, and other factors that can help businesses improve their operations.

The funding will be used to expand TAPP's team, develop new features for its platform, and grow its customer base. TAPP plans to target businesses of all sizes in the hospitality industry, including restaurants, bars, hotels, and casinos.

The funding round is a sign of the growing interest in data-driven insights for the hospitality industry. As businesses in this industry become more data-driven, they are looking for solutions that can help them make better decisions based on data. TAPP's platform is well-positioned to meet this demand.

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