Research Paper

How is AI being used in fashion and retail in Europe?

The fashion and retail industry has been facing a series of formidable challenges, from the intricacies of supply chain management to rising production costs, and evolving consumer behaviours. Brands and retailers in the industry are rethinking how they can stay competitive and win over customers. Could artificial intelligence (AI) hold the key to unlocking new… …

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London-based circular economy startup Reboxed® secures €1.8 million to help tackle e-waste

Reboxed®, a sustainable tech startup with a mission to help solve the e-waste crisis by rehoming 100 million electronic devices by 2030, has secured €1.8 million in seed funding led by ACF Investors.  Founded in 2020 during the first Covid lockdown by friends Phil Kemish and Matt Thorne, Reboxed provides out-of-the-box solutions for retailers and… …

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London-based Ooodles raises €11 million to turn IT tech buying on its head with its rental platform for SMEs

Ooodles, a UK-based startup offering SMEs a go-to, one-stop-shop for simple, affordable and flexible tech rentals, announced it has raised €11 million, led by Paris-based asset manager, Smart Lenders Asset Management (SLAM). Founded in 2021 by industry veteran Leonardo Poggiali, Ooodles is a Device-as-a-Service startup giving the underserved SME market access to high-end laptops, phones,… …

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Vienna-based refurbed closes €54 million Series C to turbo charge growth of refurbishment industry

refurbed, who have achieved 1bn in GMV (Gross merchandise value) in June 2023 since its founding, has announced a €54 million investment led by existing investors Evli, C4 and Speedinvest, with significant participation from All Iron and several new backers. This Series C investment brings the total investment since the company’s inception in 2017 to… …

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Turning waste into wealth: 10 promising European startups tackling the food waste crisis

In a world where approximately one-third of the food produced for human consumption gets wasted, a new wave of startups is stepping up to tackle this global crisis. According to Eurostat, around 10% of food made available to EU consumers (including retail, food services, and households) may be wasted. This alarming statistic is juxtaposed with… …

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Hamburg-based Resourcify snaps €14 million Series A to make every company dramatically reduce its waste

Resourcify, a waste-management and recycling platform, has raised €14 million Series A funding, signalling confidence in its business model of reducing companies’ waste and promoting a circular economy. The round was led by Vorwerk Ventures, further financial investors include Revent, Ananda Impact Ventures, Speedinvest, BonVenture, WEPA Ventures. Waste is a pressing issue for individuals, communities… …

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London-based Finematter raises €2.6 million seed to foster a circular jewellery economy

Finematter, a circular marketplace revolutionizing the jewellery industry, announced the successful second close of its seed round, bringing the total raised to €2.6 million. Renowned tech founders and industry veterans exclusively backed the round, sharing Finematter’s vision of promoting circularity and transparency in the jewellery market. The seed round counts contributions from distinguished angel investors… …

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Hamburg-based traceless secures €36.6 million to build first industry plant for bio-circular alternative to plastic

Bioeconomy startup traceless, which produces a natural biomaterial as an alternative to plastic, announces the completion of a €36.6 million funding round. The Series A funding round is led by private equity fund UB Forest Industry Green Growth Fund (“UB FIGG”), which invests in sustainable and resource-efficient forest and bio-based industries, and complemented by SWEN… …

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