Tag: Data
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OpenAI hits pause on flagship UK data centre scheme
OpenAI’s plans to bring its flagship $500bn AI data centre project to the UK have been put on hold, with the ChatGPT developer citing energy costs and regulatory issues as factors which have halted its plans. OpenAI announced plans to bring its giant Stargate AI project to the UK in September last year, marking what read more
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Covalo lands €3.5M funding extension to advance personal care data platform
Covalo, a Switzerland-based platform for ingredient discovery and data management in the personal care industry, has raised €3.5 million in a funding extension. The round was led by Hi Inov, with participation from existing investors HTGF and seed+speed Ventures. The company addresses challenges in managing ingredient data, which is often fragmented across multiple systems, formats, read more
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The missing layer in Europe’s AI strategy: data ownership
As France and Germany push digital sovereignty up the policy agenda, a more practical question is emerging: who actually owns the data driving Europe’s AI systems? As models become increasingly commoditised, competitive advantage is shifting to the data layer, thereby raising the stakes around who owns and controls it. In an AI-driven economy, proprietary data read more
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Nebius announces construction of one of Europe's largest data centres
European AI infrastructure companyNebiustoday said it was constructingone of Europe’s largest data centres, as the demand for AI compute shows no signs of slowing down. The data centre, located in theFinnish city ofLappeenranta, has a capacity of up to 310 megawatts and is expected to be up and running by 2027, Nebius said. The Amsterdam-based read more
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Qumulo launches Cork hub to build the backbone of AI-scale data
Today data storage and cloud infrastructure company Qumulo announced the official launch of its European Software R&D hub in Cork. Through this strategic expansion, Qumulo will create 50 highly skilled R&D positions in the coming three years to solve the major challenges for data management at enormous scale and scope for global business. Information, derived read more
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Climatetech platform Zevero raises $7M amid growing global demand for carbon data
Zevero, a carbon management platform, has secured $7 million in new funding, bringing its total capital raised to $14 million. The round includes participation from Spiral Capital, Gazelle Capital, and Deep 30, and follows a period of rapid growth. The company provides an AI-driven platform that helps businesses measure, manage, and derive value from emissions read more
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Sequoia-backed Edra raises $30M Series A to turn enterprise data into self-improving AI agents
Today, startup Edra announced $30 million Series A led by Sequoia, which included investment from 8VC and A*z. Edra builds AI agents that learn how a business operates, then automate the work. Its AI agents reverse-engineer how a business actually runs from existing systems and create executable knowledge: structured, white-box instructions that agents can act read more
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Health Lean Analytics secures over €2.1M to automate hospital data and optimise surgical workflows
Barcelona-based startup Health Lean Analytics (HLA) has raised €2.1 million funding, encompassing a €1.4 million seed financing round by several family offices— including Inderhabs, Namarel and Braincats — as well as a loan granted by the Spanish National Innovation Company (ENISA), a public entity under the Ministry of Industry, Trade and Tourism. HLA specialises in read more
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Rivia raises $15M to fix the broken data infrastructure behind clinical trials
Rivia, the Zurich-based data engine for clinical trial intelligence, today announced a $15 million Series A led by Earlybird, with participation from Defiant and existing investors Speedinvest, Amino Collective, and Nina Capital. Over the past three years, the company built what it calls the first reusable intelligence layer for clinical trials. Its data engine integrates read more
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Tower secures €5.5M to support data engineers in the AI era
Berlin-based Tower has raised €5.5 million across pre-seed and seed funding rounds to develop its approach to data engineering in the AI era. DIG Ventures led the pre-seed round, while Speedinvest led the seed round alongside existing investors. Additional participants include Flyer One Ventures, Roosh Ventures, Celero Ventures, and Angel Invest, as well as angel read more
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Ukraine launches world-first programme giving startups access to real war data for AI training
Ukraine is opening partner access to train AI models using real battlefield data — the first initiative of its kind in the world. According to Mykhailo Fedorov, the Minister of Defence of Ukraine, the government has approved a resolution launching a new framework for cooperation between the state, Ukrainian companies, and international partners. For startups, read more
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Pure Data Centres and AVK deploy Europe’s first large-scale microgrid
Hyperscale cloud and AI data centre developer and operator Pure Data Centres Group, together with AVK, a provider of prime, standby and dispatchable power solutions for data centres and AI infrastructure, today announced the launch of Europe’s first, large-scale, 110 MW on-site microgrid, developed to support early‑phase site operational resilience. Located within Pure DC’s Dublin read more
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Another Earth secures €3.5M to scale AI data and simulation platform
Another Earth, a company developing AI-powered simulation and synthetic data for Earth observation, has raised a total of €3.5 million in funding. The round includes new investment from Wake-Up Capital alongside existing investors Rockstart, Inovexus, and Stamco AG, as well as support from the Austrian Research Promotion Agency (FFG) and Austria Wirtschaftsservice (AWS). Based in read more
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Validio closes $30M Series A to address enterprise data quality challenges
Validio, an agentic enterprise data management platform, has raised $30 million in Series A funding led by Plural, with participation from existing investors and angels including Lakestar, J12 Ventures, Kevin Ryan, Denise Persson, and Emil Eifrem. The round brings the company’s total funding to $47 million. As organisations accelerate the adoption of AI, many initiatives read more
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Sendance secures investment to grow wearable sensor and data platform
Sendance, a startup developing sensor technology for collecting data from medical devices and assistive equipment, has raised new funding as part of its ongoing third investment round. The investment, structured as a convertible loan, was provided by Garage Angels, with Electron Capital Partners having participated earlier during the seed round. To date, the company has read more
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Mistral boss calls for European unity in AI race, as pledges €1.2bn Swedish data centre investment
The boss of one of Europe’s most high-profile AI startups today called on European unity inthe global AI race, as it committed €1.2 billion to build its first data centres outside of its nativeFrance, in Sweden. Arthur Mensch, the CEO and co-founder of French AI startup Mistral, said: “We think it is a bit of read more
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Dcycle acquires ESG-X to scale sustainability data management in Europe
Dcycle, a sustainability data management platform, has acquired ESG-X, a software company specialising in AI-enabled sustainability reporting. The acquisition supports Dcycle’s European expansion and reflects increasing consolidation in the ESG software market. The transaction comes as European companies face expanding sustainability reporting obligations, with CSRD-aligned disclosures beginning across the EU, UK companies preparing for upcoming read more
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Menotracker wants to fix menopause symptom tracking — without selling user data
Menotracker, the AI-powered menopause-tracking app, has launched in partnership with the privacy technology company ConsentKeys consentkeys.com to become the first and only women’s health application that will never store users’ personal data. The Menotracker app transforms perimenopause and menopause symptoms into personalised insights and support. I spoke to the startup’s CEO, Sonja Rincón, to learn read more
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United Manufacturing Hub bags €5m to power a shared data backbone for factories
Industrial data management platform United Manufacturing Hub (UMH) has raised €5 million in funding to accelerate its mission of building the foundational data layer for global manufacturing. The round was led by KOMPAS VC, with participation from seed + speed Ventures, Sustainable Future Ventures, Archimedes New Ventures, and renowned industry angels, including Jan Oberhauser (Founder read more
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WholeSum raises £730K to advance a qualitative data analysis platform
UK-based qualitative analytics startup WholeSum has raised £730,000, combining grant funding from Women TechEU with a pre-seed round led by Twin Path Ventures. The round also included participation from SFC and strategic angel investors via Ventures Together, including founders and operators from JustPark, Episode 1, ClearScore, and Prolific. A significant share of organisational data is read more
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