MILAN: HR tech startup Skillvue has announced a $2.8m funding round for its AI platform to boost better talent allocation, higher capability to anticipate job market shirts and increaseretention of high-performers.

MONTRÉAL: Workstaff, a Montreal-based provider of workforce management tools for businesses that manage temporary and flexible staff, has closed $1.6M CAD in seed financing.

The round closed in the second quarter of 2024 and included investments from Impulsion PME, a Gouvernement du Québec program managed by Investissement Québec, and Anges Québec. This new investment will enable Workstaff to continue expanding into global markets and enhance its already robust product offering that helps companies easily find, schedule, and manage temporary and flexible staff.

Shuffle, a start-up hospitality investment platform, is committed to investing an initial £2.5 million into Manchester’s hospitality industry to fuel the continued growth of some of the city's most successful businesses.

Sofia, Bulgaria: Nasekomo, the leading biotech innovator dedicated to advancing the insect industry, has announced an upgrade to its neonate delivery service for Hermetia illucens (black soldier fly, BSF) newborn larvae. This enhancement introduces a groundbreaking suspension technology, significantly improving the efficiency and reliability of insect-based protein production.

Rome, ITALY: Rent2Cash, the first Italian start-up to bring "rental advance" services to landlords, offering upfront payouts of up to 3 years' rent, 

Stairpay, a platform that simplifies the customer journey of shared ownership to help more people achieve their dream of owning a home, has raised £750k in Pre-Seed funding.  The round was led by Fuel Ventures, with participation from Heartfelt Ventures. Prominent angel investors such as Rob Hamilton, who built and sold Instant Offices to private equity house MML Capital, prolific proptech specialist Luke Appleby, and Paul Kempe of City and Provincial Properties also joined the round. 

Fundmypitch has played a pivotal role in the recent successful fundraising campaign of Exact Comms, which has secured £155k in pre-seed investment. 

Wealthbrite, an award-winning company whose AI-powered accelerator programmes enable businesses to build financially savvy teams has closed a pre-seed round of £200,000 from angel investors to expand into new markets.

Pioneering audio technology company Submix has closed a $1 million funding round. This investment will drive Submix's mission to enhance remote collaboration for musicians, producers, and audio professionals, fundamentally reshaping their workflow and access to global opportunities.

Global pharmaceutical company Eli Lilly and Company has acquired Aparito, the Wrexham-based med-tech business set up by Dr Elin Haf Davies and part-funded by the Development Bank of Wales who now exit with an initial return of 2.9x on their £1.2 million equity investment.

Cubbit, the first geo-distributed cloud storage enabler, has closed its $12.5M funding round. With this new funding the company will enable European Service Providers and Companies to take back full independence and control over their data, infrastructures, and costs.

Yond, a revolutionary travel planning app that will transform how travellers explore the world, has secured £150,000 in a pre-Seed round led by early-stage venture capital firm Jenson Funding Partners, alongside a number of angel investors. Founded in 2023 by Mark Merrywest and Emily Vinsen, the funding will be used for product development and go-to-market activities to test and validate the new social commerce concept and ensure product-market fit.