Category: business

Finance, startups, productivity

  • Neural Concept raises $100M to scale AI-native engineering

    Swiss-based Neural Concept has raised a $100 million Series C round led by Growth Equity at Goldman Sachs Alternatives, with participation from existing investors Forestay Capital, Alven, HTGF, D.E. Shaw Ventures, and Aster Capital. Founded in 2019 and spun out of EPFL in Lausanne, Neural Concept develops an AI-focused engineering platform for product development. The read more

    Neural Concept raises 0M to scale AI-native engineering
  • Endra closes $20M seed round amid surging demand in construction supercycle

    Stockholm-based Endra, an AI-powered mechanical, electrical, and plumbing (MEP) platform, has closed a $20 million seed round led by Notion Capital, with participation from existing investor Norrsken VC. The built-environment sector is under pressure to increase delivery capacity substantially. Some estimates suggest global construction output would need to grow by more than 40 per cent read more

    Endra closes M seed round amid surging demand in construction supercycle
  • Lovable raises $330M at a $6.6B valuation to turn non-developers into software builders

    Lovable has raised $330 million in Series B funding at a $6.6 billion valuation, led by CapitalG and Menlo Ventures’ Anthology fund. Additional investors in this round include the venture arms of leading companies building the future of work: NVentures (NVIDIA’s venture capital arm), Salesforce Ventures, Databricks Ventures, T. Capital (Deutsche Telekom), Atlassian Ventures, and read more

    Lovable raises 0M at a .6B valuation to turn non-developers into software builders
  • Enlightra exits stealth with $15M to power energy-efficient AI data centre lasers

    Enlightra, a deeptech startup developing chip-scale multiwavelength lasers for next-generation data transmission, has raised a total of $15 million. Investors include Y Combinator, Runa Capital, Pegasus Tech Ventures, Protocol Labs, Halo Labs, Asymmetry Ventures, and TRAC VC, among others. Modern AI training increasingly depends on faster connections between GPUs, yet many systems still rely on read more

    Enlightra exits stealth with M to power energy-efficient AI data centre lasers
  • Exein raises an additional €100M to expand its embedded cybersecurity platform

    Italian-based Exein, a company focused on embedded cybersecurity for connected devices, has secured €100 million in new funding, following its €70 million Series C round in July 2025. This brings the company’s total capital raised in 2025 to €170 million. The round is led by Blue Cloud Ventures, with participation from HV Capital, Intrepid Growth read more

    Exein raises an additional €100M to expand its embedded cybersecurity platform
  • ÄIO wins €1.2M grant to scale fermentation-based flavoured fats for food

    Tallinn-based ÄIO, a biotechnology company developing sustainable, non-animal fats and oils through fermentation, has been awarded a €1.2 million grant from Enterprise Estonia to advance its FERM-OIL project. The total project budget is €2.3 million. Founded in 2022 as a spin-off from TalTech (Tallinn University of Technology), ÄIO produces food-grade fats and oils by using read more

    ÄIO wins €1.2M grant to scale fermentation-based flavoured fats for food
  • The pickup counter Is food delivery’s blind spot — Pickpad is fixing it

    As digital ordering reshapes how people buy food, one of the biggest operational bottlenecks in restaurants isn’t the kitchen — it’s the pickup counter. Off-premises orders now dominate in many markets, yet the moment where digital orders meet the physical world remains largely manual, inefficient, and data-blind. Startup Pickpad was founded in 2024 with a read more

    The pickup counter Is food delivery’s blind spot — Pickpad is fixing it
  • Small business tech tips: A guide to getting more done with Zoom Workplace

    As a small business owner, you have to be scrappy. You need to find ways to break out in today’s crowded market — reach new audiences, automate processes, improve efficiencies, and do more with less — without overextending your team. The right technology can unlock all that, and then some. A 2024 study by the read more

    Small business tech tips: A guide to getting more done with Zoom Workplace
  • Monzo wins European banking licence, as investors agitate for CEO return

    Monzo has been given the green lightto expand across Europe, after winning a banking licence. The UK digital bank announced today that it has secured a European banking licence. The winning of the licence comes amid reports that well-known Monzo shareholders are agitating to reinstate the Monzo CEO and push out the Monzo chair. Monzo read more

    Monzo wins European banking licence, as investors agitate for CEO return
  • From Kyiv to continental scale: Liki24’s unapologetically European ambition

    What continues to fascinate me about Ukrainian startups and scaleups is their ability to solve problems for other countries — problems many of those countries are still struggling to fix. From edtech and lifelong learning to mental health, cybersecurity, and HR, Ukrainian founders are building globally relevant solutions shaped by constraint, resilience, and deep technical read more

    From Kyiv to continental scale: Liki24’s unapologetically European ambition
  • NobodyWho raises €2M to challenge Big Tech’s cloud AI with SLMs for local devices

    A David vs. Goliath shift is emerging in AI as a small Nordic team is challenging Big Tech’s cloud-LLM dominance by bringing Small Language Models (SLM) directly to users’ devices. Copenhagen-based open-source startup NobodyWho has raised €2 million in pre-seed funding. The company aims to strengthen Europe’s position in global AI by championing Small Language read more

    NobodyWho raises €2M to challenge Big Tech’s cloud AI with SLMs for local devices
  • geoSurge emerges from stealth to help brands improve visibility in AI search

    London-based deeptech AI company geoSurge has launched out of stealth, focusing on helping brands understand and improve how they are represented within large language models. As AI increasingly serves as a starting point for everyday decisions, visibility within generative AI systems is becoming more commercially significant. Recent reports find that ChatGPT prompt volume rose by read more

    geoSurge emerges from stealth to help brands improve visibility in AI search
  • Wodan AI closes a €2M round to advance sovereign AI development in Europe

    Wodan AI, a startup specialised in running artificial intelligence models directly on fully encrypted data, has closed a €2 million pre-seed round led by Spanish funds JME Ventures, Swanlaab and Adara Ventures, with additional participation from ScaleFund in Belgium. Wodan AI is a European company developing homomorphic encryption technology for use in artificial intelligence. Its read more

    Wodan AI closes a €2M round to advance sovereign AI development in Europe
  • Roamless raises $12M to expand its global eSIM connectivity platform

    Global connectivity provider Roamless has closed a $12 million Series A funding round led by Rasmal Ventures, with participation from Shorooq, Revo Capital, Finberg, and JIMCO. The new capital brings Roamless’ total funding to $18 million, following a $6 million seed round in 2024. Founded in Türkiye and headquartered in the US, Roamless was established read more

    Roamless raises M to expand its global eSIM connectivity platform
  • A&B Smart Materials raises £1.5M pre-seed for biodegradable absorbents

    Oxford-based materials science startup A&B Smart Materials has closed a £1.5 million pre-seed funding round. The round was led by existing investor Sake Bosch, with new strategic investors Caesar and Living Hope VC, alongside participation from Archipelago Ventures, Triple Impact Ventures, Cranfield University Seed Fund, Oxford Seed Fund, and several business angels from Cambridge Capital read more

    A&B Smart Materials raises £1.5M pre-seed for biodegradable absorbents
  • Iconic raises $13M seed to build AI-native, voice-driven games on device

    Iconic, an interactive entertainment and AI-native platform company, has raised $13 million in its seed round, co-led by venture capital funds Kindred and Northzone, with further investment from leading industry players including Google’s AI Futures Fund. The round also brings together a highly curated group of the world’s top AI, gaming, and system engineering leaders read more

    Iconic raises M seed to build AI-native, voice-driven games on device
  • Bought snaps up luxury rental platform Robes Rental in third acquisition of 2025

    Resale platform Bought, launched in March 2025, has announced its third acquisition of the year, Robes Rental, to strengthen its position in Europe and explore peer-to-peer renting. Earlier this year, Bought acquired the Finnish secondhand platform Zadaa as well as the bankruptcy estate of Vähänkäytetty.fi. Bought was the first to launch peer-to-peer local logistics in read more

    Bought snaps up luxury rental platform Robes Rental in third acquisition of 2025
  • From speed to defensibility: What OpenAI sees in the next generation of AI startups

    OpenAI for Startups is OpenAI’s programme designed to help early-stage companies build and scale products using AI. Rather than just offering model access, it focuses on removing practical barriers for founders by combining technical support, resources, and credits to accelerate product development. In practice, that means pairing access to OpenAI’s models with people, infrastructure, and read more

    From speed to defensibility: What OpenAI sees in the next generation of AI startups
  • N26 appoints new CEO amid sanctions hit

    German neobank N26 has appointed a British executive as its new CEO, on the same day it was hit with new sanctions by the German financial regulator relating to compliance issues. Banking executive Mike Dargan will take over as CEO of N26, one of Europe’s most valuable fintechs, in April next year, replacing co-founder and read more

    N26 appoints new CEO amid sanctions hit
  • The Seoul Statement paves the way for European AI standards

    The butterfly effect is a well-known pillar in chaos theory and its premise that the simple flapping of a butterfly’s wings in China can cause hurricanes in Texas has had huge cultural influence. It is cited in any number of films including Back To The Future and, more poignantly for this article, AI’s favourite (and read more

    The Seoul Statement paves the way for European AI standards