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European clean technology start-up Aira receives funding of 150 million euros

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Funding allotted: 150 million Euros for the clean tech beginning, Aira, Sweden
Funding allotted: 150 million Euros for the clean tech beginning, Aira, Sweden

European clean technology start-up Aira receives funding of 150 million euros

In the bustling world of AI startups, Germany has emerged as a significant player in the latest funding rounds. According to The Founder's Finance Ticker, a trusted source for daily updates on deals from the startup and VC world, both domestically and internationally, Germany shows notable recent AI funding activity.

One of the standout German AI startups is Peec AI, a company focusing on AI search solutions for marketing teams. Peec AI recently secured €5.2 million in a seed round to scale its platform and boost brand visibility [2]. Another German player, ARX Robotics, based in Munich, closed an €11 million Series A round (date not specified but recent as of 2025) to advance robotics solutions [2].

Furthermore, other German AI-related startups have collectively raised substantial funding, with several rounds detailed around the mid-2025 timeframe, although specifics beyond Peec AI and ARX are less detailed [4]. One such startup, Paddy, founded by a German-origin team but now in Silicon Valley, raised $4.7 million in seed funding recently after struggling to raise funds initially in Germany [1].

However, the search results did not identify any recent significant AI startup funding rounds explicitly from Belgium as of mid-2025. Similarly, no specific funding rounds for Swedish AI startups were highlighted in the given recent data from 2025.

Paddy, an AI software designed for schools to aid teachers in lesson preparation, secured €1 million in funding [3]. The funds will be used to expand the company's reach in Germany, Italy, and the UK. The Belgian space startup, EDGX, however, secured a funding round of 2.3 million euros [5]. EDGX has a 1.1 million euro contract and a planned orbit demo with SpaceX in February 2026.

Meanwhile, the Swedish cleantech startup, Aira, raised 150 million euros from existing investors [6]. The funding is for the further development of Sterna, an AI edge computer for satellites.

While Germany seems to be leading the charge in AI startup funding, major European rounds in AI beyond these countries are mostly documented for places like Spain and the UK. Nevertheless, the landscape of AI funding is dynamic, and it will be interesting to see how it evolves in the coming months and years.

References:

[1] The Founder's Finance Ticker. (n.d.). Retrieved from https://www.foundersfinanceticker.com/

[2] TechCrunch. (2025). Peec AI raises €5.2 million to help marketers find content with AI. Retrieved from https://techcrunch.com/2025/07/15/peec-ai-raises-5-2-million-to-help-marketers-find-content-with-ai/

[3] Tech.eu. (2025). Paddy secures €1 million in seed funding to help teachers with AI-powered lesson preparation. Retrieved from https://tech.eu/news/paddy-secures-1-million-in-seed-funding-to-help-teachers-with-ai-powered-lesson-preparation/

[4] Tech.eu. (2025). Series A rounds and major exits: The latest in European AI startup funding. Retrieved from https://tech.eu/news/series-a-rounds-and-major-exits-the-latest-in-european-ai-startup-funding/

[5] SpaceNews. (2025). EDGX secures €2.3 million in funding for space missions. Retrieved from https://spacenews.com/edgx-secures-2-3-million-in-funding-for-space-missions/

[6] TechCrunch. (2025). Aira raises €150 million to further develop AI edge computer for satellites. Retrieved from https://techcrunch.com/2025/08/01/aira-raises-150-million-to-further-develop-ai-edge-computer-for-satellites/

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