Tag: Europe
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Europe builds its first “kill-switch proof” cloud recovery stack
Today at the European Data Summit of the Konrad-Adenauer-Foundation in Berlin, Cubbit, SUSE, Elemento Cloud, and StorPool Storage unveil Europe’s first fully sovereign disaster recovery pack. The system is designed to guarantee business continuity for organisations in the face of uncontrollable, catastrophic external events, including a potential foreign vendor kill-switch. It also safeguards European enterprises’ read more
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Europe ramps up autonomous warfare capabilities with German–Ukrainian drone production pact
Today Germany signed a cooperation agreement with Ukraine to enable the Auterion Airlogix Joint Venture GmbH to execute its first production contract for thousands of mid-range, heavy AI-guided autonomous strike systems. The contract turns a February 2026 announcement at the Munich Security Conference into fully funded, large-scale production in Germany of thousands of systems per read more
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Europe builds Microsoft-alternative ‘Euro-Office’ to reclaim digital sovereignty
Today, a coalition of European enterprises and community organisations has launched Euro-Office, a solution for editing documents, spreadsheets and presentations, developed as a true sovereign community collaboration of over a dozen different organisations. A tech preview is available immediately. The effort, backed by major European tech firms including IONOS, Nextcloud, Eurostack, XWiki, OpenProject, Soverin, Abilian read more
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With €30M Series A, Subbyx scales its subscription model across Europe
Italian-based Subbyx, a technology scaleup focused on infrastructure for the subscription economy, has closed a €30 million Series A financing round, bringing its total funding to €50 million across equity and debt. The round was led by Systemiq Capital, with participation fromexisting investor Azimut, while Flashpoint has provided venture debt to support the expansion of read more
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Deeptech startup Renasens lands €10M to scale textile recycling in Europe
Renasens, a Stockholm-based deeptech company developing textile recycling technology, has raised €10 million in a seed funding round led by Extantia, with participation from Course Corrected VC and continued backing from Norrsken Launcher. Renasens is addressing a structural challenge in the textile industry, where more than 12 million tonnes of waste are generated annually in read more
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German INCIRT secures €4.8M to power next-gen chip architecture in Europe
INCIRT, an Aachen-based deeptech company, has closed a €4.8 million funding round led by Lifeline Ventures, with participation from High-Tech Gründerfonds. INCIRT is developing a new generation of data converters capable of delivering up to 100 times faster data conversion than conventional approaches. Instead of relying on increasingly smaller and more costly manufacturing nodes, the read more
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AI model giants should pay a levy to operate in Europe, says Mistral boss
AI model giants should pay a “levy” for selling their services in Europe with the money funnelled into Europe’s cultural sector,according to the boss of Europe’s leading AI model startup. Arthur Mensch, the CEO and co-founder of Mistral, says such a levy would be a win-win for both the AI model providers, giving them legal read more
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Choice secures $7.1M Series A to expand its restaurant operating system across Europe
Choice, a Prague-founded all-in-one SaaS and QR ordering platform for restaurants, has raised $7.1 million in Series A funding. To date, the company has raised a total of $11.6 million. Founded five years ago, Choice began as a platform enabling restaurants to communicate with customers online. Since then, it has evolved into a comprehensive operating read more
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Estonia leads Europe in fintech growth as Wallester becomes the sector’s fastest-growing company
The Financial Times and Statista have unveiled the 10th edition of the FT1000: Europe’s Fastest Growing Companies, confirming Estonia’s position as a powerhouse for financial innovation. Leading the national charge for the second consecutive year is Tallinn-based fintech Wallester, which has surged into the Top 40 of the overall European ranking. Securing the 38th position read more
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Photoncycle raises €15M to scale seasonal energy storage in Europe
Norwegian energy storage scale-up Photoncycle has raised €15 million in Series A funding to address a key renewable energy challenge in Europe: enabling households to store surplus summer solar power for winter heating and electricity. The round was led by NordicNinja and Voima Ventures, with participation from existing investors Lifeline Ventures, Eviny Ventures, Luminar Ventures read more
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Qura secures €1.5M to rethink health management in Europe
Milan-based Qura, an AI-powered full-stack health platform, has closed a €1.5 million pre-seed round led by United Ventures, with participation from Vento, Italian Angels for Growth (IAG) and several individual angel investors. An estimated one in five adults experiences persistent subclinical symptoms, such as chronic fatigue, hormonal imbalances, digestive issues or unexplained hair loss, that read more
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Mycoverse raises €2.4M pre-seed to tackle potato late blight in Europe
Mycoverse, an agritech spin-out from the Technical University of Denmark (DTU) developing fungal-based biological crop protection, has raised €2.4 million in pre-seed equity funding. The round was co-led by Future Food Fund and High-Tech Gründerfonds (HTGF), with participation from PINC, the venture arm of Paulig, bringing the company’s total funding to €4.3 million. The crop read more
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Proxima Fusion boosts Europe’s commercial fusion
Fusion energy company Proxima Fusion has signed an agreement with the Free State of Bavaria, RWE, and Max Planck Institute for Plasma Physics (IPP) to put the world’s first commercial stellarator fusion power plant on the grid in Europe. This agreement marks Europe’s first major step toward commercial fusion power, as the continent’s leadership read more
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Tingit raises €1.5M to scale AI-powered repair platform across Europe
Tingit, a startup transforming how we repair fashion and electronics, has raised €1.5 million investment round to take its AI-driven repairs platform across the European Union. Led by Coinvest Capital and joined by Firstpick, NGL Ventures, and previous investors Heartfelt (Germany), BADideas (Latvia), and Purpose Tech (Czech Republic), the funding marks a major step toward 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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Invest Europe and EIF report: How gender and geography shape Europe’s VC ecosystem
Invest Europe, in collaboration with the European Investment Fund (EIF), has published a new report titled TheVC Factor: Skills Edition. The report analyses Europe’s venture capital landscape, with a focus on cross-border startup funding and the influence of education and gender on funding outcomes and startup development. Beyond mapping current investment volumes, the Skills Edition read more
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HR tech company talentguide raises €1.3M to expand data-driven skills management in Europe
Ghent-based HR tech company talentguide has secured €1.3 million in funding to support the European expansion of its AI-driven skills intelligence platform, which helps organisations manage workforce upskilling and reskilling amid shifting labour market demands. The round included participation from investment funds NXT II, Travvant (Partena Professional), Miles Ahead Capital, imec.istart, and the founders, as read more
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Swedish startup Berget AI lands €2.1M as demand grows for sovereign AI in Europe
Swedish AI company Berget AI has raised €2.1 million (SEK 24 million) in funding. The investment comes at a time when AI is rapidly becoming critical infrastructure, while increasing regulatory requirements, geopolitical tensions, and the EU’s new AI legislation are driving growing demand for local control of data and AI workflows. Berget AI was founded read more
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EU commits €10M to accelerate Ukraine's digital integration with Europe
The European Union has allocated €10 million to support the development of digital public services in Ukraine and their alignment with European standards. According to Oleksandr Bornyakov, Acting Minister of Digital Transformation of Ukraine, cooperation with the European Union and the Academy of Electronic Management is a long-standing success story that laid the foundation for read more
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Klarna launches peer-to-peer payments across Europe
Klarna is launching a service whichallows itscustomers to send money to each other through its app, as it continues its shift toreposition itself as a bank. The Swedish fintech, best known as a BNPL fintech, is launching instant peer-to-peer payments across 13 European countries, including the UK. The feature means that Klarna customers can send read more
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