ID Finance raises €545 million and Qilimanjaro closes a €19.6 million Series A

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ID Finance, owner of the lenders Plazo and MoneyMan, has closed a €545 million round that mixes debt and equity, with Spice Expeditions, WashU, Kingsway Capital and i80 Group taking part. The money is meant to keep growing Plazo, the group's finance app and the core of its long-term plan.

Qilimanjaro Quantum Tech closed its first Series A at €19.6 million. Indra Group led with €10 million through IndraMind. SETT, the state technology fund under the digital transformation ministry, came back for another €9.6 million. The plan is to industrialise its quantum computers, develop new chip generations and build more manufacturing capacity.

Base10 Partners had a busy week. It led a $20 million (about €17.88 million) seed for Causa Prima, which builds AI for corporate finance. It also co-led a $10 million seed for Harbor, which insures AI agents. Valladolid foodtech Remolonas raised €2.1 million.