Tag: European
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“We are where ChatGPT was five years ago,” says European 3D AI foundation model startup boss
OneofEurope’stop AI researchers, who is heading upa3D AI foundation model startup, says that 3D AI models are “kind of where ChatGPT for language wasfive years ago”. Matthias Niessner,the CEO andco-founderofSpAItial,tooka leave of absence from leadingthe visualcomputingand AI lab at the Technical University of Munich to launch the Munich andLondon-basedstartupSpAItial,whichlast year landed a $13m seed round. read more
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Stegra bags €1.4bn rescue funding package for giant European green-steel plant
Swedish green-tech startup Stegra has secured €1.4bn in rescue funding from a consortium led by the prominent Swedish Wallenberg family, as it looks to finish construction of the world’s largest green-steel plant. The funding follows months of negotiations between Stegra and its investors and lenders asthe Swedish startup looked to raise additional funding to support read more
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Wamo closes €10M Series A to power European SMEs
Wamo, a financial operating platform for small and medium-sized enterprises (SMEs), has raised €10 million in a Series A funding round to support its expansion in Italy and the Nordic region, enhance product capabilities, and roll out AI-driven tools. The majority of the funding was provided by TCEE Fund IV, advised by 3TS Capital Partners, read more
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Cafeyn acquires Readly’s non-Nordic operations to scale European press platform
Press aggregation platform Cafeyn Group is acquiring Readly’s non-Nordic operations, marking a significant step forward in its European expansion. Cafeyn offers unlimited access to over 2,000 national and international titles across multiple formats and devices, while Readly provides a single subscription that gives users access to over 8,000 magazines and newspapers. Following the transaction, Cafeyn read more
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Building Europe’s deeptech backbone: Inside European Deeptech Week 2026
From March 16 to 20, Paris became the command centre for the future of European deeptech, bringing together founders, industrialists, investors, and public decision-makers at Bpifrance’s headquarters to accelerate the transition from science labs and startup studios to commercial markets. A convergence of European deeptech power players Conceived by Bpifrance and INSKIP with the support read more
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European Parliament Members Call on EU to Strip Funding from Venice Biennale Amid Russian Pavilion Controversy
As controversy mounts over Russia’s plans to mount its first Venice Biennale pavilion since the nation’s invasion of Ukraine in 2022, 37 members of the European Parliament signed a letter that calls for the European Union to cease all funding to the Biennale. The EU has not publicly stated how much money it gives to read more
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Aleph Alpha’s former CEO lures Apple engineer from US to join European startup
The co-founder and former CEO of high-profile German AI startup Aleph Alpha has today revealed fresh details about his new AI startup, which launched last month and is backed by a multi-million-dollar investment from the German consultancy Roland Berger. The new startup founded by Jonas Andrulis, who left Aleph Alpha last year after six years read more
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The European IoT surge: How Czech tech won Vilnius
Every day in Vilnius, the capital of Lithuania, consumption data is automatically collected from hundreds of thousands of residential utility meters. There are no technicians in the field, no paper forms, and no manual labour involved. For most residents, this system is invisible, yet it is fundamental to the city’s modern infrastructure. While many “smart read more
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The 2026 European Deeptech Report: Sector reaches $690B as VC share hits record
The 2026 European Deeptech Report, published by Lakestar, Walden Catalyst, and Dealroom, highlights a record surge in Europe’s deeptech ecosystem. VC-backed deeptech companies are now valued at $690 billion, with investment in the sector continuing to outperform the broader technology market. Deeptech is playing an increasingly important role in addressing global challenges, including climate, energy, read more
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Alpine Eagle scales Sentinel production with new Munich facility and European expansion
Today, counter-drone defence technology company Alpine Eagle announced it is scaling production of its Sentinel system. Alpine Eagle develops counter-drone (counter-UAS) systems designed to detect, track, and neutralise hostile drones, including increasingly sophisticated autonomous swarms. Its technology combines multiple sensing modalities —such as radar, radio-frequency scanning, and optical or infrared cameras — to identify aerial read more
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Chipmaker Axelera AI hoping to benefit from European businesses wanting to run AI locally
Dutch chipmaker Axelera AI is hoping to benefit from European businesses wanting to run AI systems locally, amiddata security concerns, a push towards European sovereignty, and geopolitical tensions. Axelera AI, founded in 2021, is one of the few European challengers challenging the dominance of US chip market leader Nvidia. In the US, the likes of read more
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UniverCell lands €30M Series B to advance European lithium-ion cell manufacturing
UniverCell, a European manufacturer of high-performance lithium-ion battery cells and electrodes, has raised a €30 million Series B financing round. The round was co-led by the DeepTech & Climate Fonds (DTCF), IKA and WIKA, with strong support from the European Innovation Council (EIC) Fund. Founded in 2019 in Kiel, Germany, UniverCell has grown into an read more
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European Alliance Pledges Financial Support for Artistic Freedom, Iranian Artists Both Terrified and Joyful as War Continues, and More: Morning Links for March 3, 2026
To receiveMorning Linksin your inbox every weekday,signupfor ourBreakfast with ARTnewsnewsletter. Good morning! The European Alliance of Academies has launched a nearly $2 million plan to support artistic freedom under pressure in Europe. Iranian artists in the diaspora are torn between the joyful hope of regime change and fear of rising casualties amid the ongoing war. read more
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Open Cosmos plans European rival to Starlink
An Oxford-headquartered spacetech startup says it’s gearing up to manufacture up to 200 satellites a year, as it looks to offer European governments and businesses an alternative communication channel to Elon Musk’s Starlink. Open Cosmos is launching a satellite network, called ConnectedCosmos, that will provide sovereign communication as an alternative to “transcontinental mega-constellations”, the read more
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€4.5M raised by FlyFocus to scale European drone production
FlyFocus, a Poland-based defence technology company specialising in unmanned aerial systems (UAS) and avionics, has raised €4.5 million in a funding round led by ffVC, with participation from the NCBR Investment Fund, the venture capital arm of Poland’s National Centre for Research and Development. The investment marks the company’s first institutional round following eight read more
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Celebratix closes €2.2M round to scale European ticketing
Celebratix, an Amsterdam-based ticketing startup, has raised €2.2 million in growth capital from Airbridge Equity Partners, following a €1.1 million investment round at the end of 2024. Founded in 2022, Celebratix develops a blockchain-powered ticketing platform for events, clubs, and festivals. The platform provides organisers with tools to manage ticket sales, resale, guest lists, loyalty 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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More European SPAC IPOs to come, says Einride boss
The CEO of Swedish autonomous truck startup Einride believes more European startups will follow Einride and go public via a SPAC. Einride is going public on the New York Stock Exchange via aSPAC(Special Purpose Acquisition Company), a vehicle which isdesigned as an alternative route for companies to go public. The SPAC IPO values Einride at read more
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Building a European digital stack: The alternatives to US big tech you should know
For more than a decade, Europe has relied on US Big Tech for the core layers of its digital economy — from cloud infrastructure and productivity software to search, social platforms, and, more recently, foundation models. But as regulation tightens, geopolitics hardens, trade tensions and tariffs reshape global supply chains, and AI becomes strategic infrastructure, read more
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Straight2Market: Your route from foodtech pilot to European retail shelf
European food retail is undergoing a structural reset — and it’s creating real pull for startups. AI is moving from experimentation to infrastructure, reshaping everything from demand forecasting and inventory optimisation to personalised offers and pricing, and giving young companies clear entry points into core retail operations. At the same time, sustainability and health have read more
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