Millions in Investments: Fuel Cells, Blood Sampling, and Semiconductors in Europe and China
Key Ideas
- Zepp.solutions secures €3 million for expanding its business activities in the European hydrogen fuel cell industry, capitalizing on market demand.
- Vitestro raises €20 million for its autonomous blood sampling device, aiming to transform patient care and ease the burden on laboratory staff.
- China's €43.8 billion investment in the semiconductor sector aims to boost self-sufficiency, following the U.S.'s export control measures.
- Innovation Industries' raise of €500 million for deep-tech investments in the Benelux and Germany to support startups and scaleups in the region.
Several significant investments have recently been announced in Europe and China. Zepp.solutions, a Delft-based European hydrogen fuel cell industry leader, secured €3 million for business expansion to meet the growing market demand. Vitestro, a Dutch startup, raised €20 million to accelerate the commercialization of its autonomous blood sampling device, with potential to revolutionize patient care. On the global scale, China has invested €43.8 billion to boost its semiconductor industry in response to U.S. export control measures. Additionally, Innovation Industries raised €500 million for deep-tech startups in the Benelux and Germany, aiming to support innovation in the region.