#eqt ventures

The digital payments market generated €1.4 trillion in revenues in 2021 and is projected to reach €3.1 trillion by 2031. And while payments continue to be a fragmented area for platforms, marketplaces and any large, fast-growing companies that conduct business across markets or with multiple parties in payment flows, the only option for them was… This content is for members only. Visit the site…

While cloud computing has transformed just about every industry on Earth, a burgeoning backlash has led some businesses to seek alternatives to the Big Tech-dominated public cloud. Vendor lock-in, spiralling costs, security concerns, and a lack of control over how their data is processed are just some of the reasons companies might retreat from cloud-first strategies. For European companies…

It’s estimated that over $400 billion are spent annually to run customer contact centers around the world. To cut costs, in recent years, contact centers have embraced AI and automation; research from The Harris Poll indicates that 46% of customer interactions were already automated as of 2021. That’s good news for the vendors selling contact center automation software. VCs believe that to be the…

Swedish company Candela will launch its 30-passenger commercial hydrofoil shuttle, the P-12, this summer — the vessel it believes will change the course of motorized water transport. Following on from its C-7 and C-8 leisure cruisers, Candela has already been making waves with its drive to transition to fossil-free waterways. “We are now heavy into the process of finalizing the development and…

Flow Engineering wants to modernize the hardware engineering design process

Software engineers have a host of tooling to organize their projects, chief being Git software like GitLab or GitHub, but hardware engineers today lack that same organizing principle. They are stuck with a bunch of tech that doesn’t communicate well with each other, leaving them to build Excel spreadsheets to organize their work, a method which is prone to errors due to its manual nature. Flow…

Sweden’s EQT Ventures closes a its third fund at €1.1B to double down on European and early-stage startups

Startups might be in a funding midwinter, but the ray of sun shining on some VCs speaks of a different trend. EQT Ventures, the venture fund arm of Sweden’s investment giant EQT making early-stage bets on startups primarily in Europe, has closed its latest fund and filled its coffers with 1 billion euros (and $1.1 billion in total commitments). This brings the total raised by EQT to €2.3 billion…