Swedish fintech startup Froda has secured a $22.7 million (€20 million) Series B round led by Incore Invest, also based in Sweden. The move bucks the trend of a slight slowdown in investments into fintech, plus a further confirmation of the long-term trend toward the “embedded finance” model.  Largely operating in northern European countries, from […]

Back in 2020, Xayn was a privacy-based, on-device AI startup designed specifically for smartphones. But that early experience eventually saw the company pivot into developing sovereign AI for the legal sphere. Now Xayn has rebranded as Noxtua and raised a $92.2 million (roughly €81.2 million) Series B round. The round was led by strategic investor […]

X has not been faring well in the U.K., which used to be a major source of revenue for the social network prior to Elon Musk’s takeover. Still named Twitter UK Ltd, revenues and profits for X’s U.K. entity collapsed by over 60% in 2023, according to accounts filed this week with the U.K.’s Companies […]

Former Y Combinator startup Telli is helping companies alleviate the bottleneck that occurs when a high-volume of customers try to, for example, book appointments. Its AI voice agents kick in and handle basic operations while handing off more-complex processes to human operators. The Berlin-based startup has now raised $3.6 million in a pre-seed funding round led […]

It would appear the environment and society remain relevant, whatever you might hear in some other quarters. At least, that’s one conclusion to be drawn from the news that European specialist VC Revent has closed a  €100 million ($109 million) Fund II to invest in “planetary and societal health” startups.  Launched out of Berlin in […]

The number of “operator VCs” — former founders turned VCs — in Europe in recent years. This is common in the U.S., where the majority of VCs are former founders. The reverse is true in Europe, where most come from banking or finance. Recent examples in Europe include Wise founder Taavet Hinrikus, Glovo founder Oscar […]

Billing itself as “Stripe for emerging markets,” Turkish fintech Sipay has raised a $78 million Series B funding round, claiming a valuation of $875 million in the process. This round is significant, as Sipay plans to expand into markets outside of Turkey, offering additional services like remittances that Stripe currently does not offer in those […]

With President Donald Trump’s latest round of tariffs coming out today — a day he is calling “Liberation Day” — a web3 startup thinks it could track tariffs automatically on goods coming into and out of the USA using its blockchain platform. The claim may well be bold — and typical of many such bold claims […]

When there are damages to energy infrastructure, such as electricity pylons or gas pipelines, expensive helicopters are frequently used to inspect them. Drones have begun to replace some of those inspections, but the flight-time for these can be limited. Now a new company has produced a drone with a very long range to fill this […]

As generative AI moves increasingly into the physical world through robotics, vehicles, and drones, the need to map cloud-based AIs to real-world environments can lead to a huge mismatch. Rerun, a Stockholm-based dev tools startup, which builds a data stack for this emergent kind of “physical AI,” has secured $17 million in seed funding to […]

Venture capital investment in European startups passed $52 billion last year, reflecting the market’s long-term growth trajectory and gradual stabilization after the out-sized peaks of 2021-2022 (driven largely by the COVID-19 pandemic), and the comparative slump of 2023, according to a new report. Although 2024 has seen political and regulatory turmoil, Europe’s talent pool of […]

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Booking an ad campaign with social media influencers is currently not exactly easy. For starters, influencers’ approaches to marketing can be unconventional, and there’s no standard way to engage with them. On the other side, marketing agencies that employ hosts of people to book and track brand campaigns are limited by how many influencers they […]

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So-called “vibe coding” with LLM-driven tools like Cursor Composer — a term coined by renowned computer scientist Andrej Karpathy — describes a hands-off approach to writing code using GenAI models, and it has really taken off recently. According to Y Combinator, one-quarter of the startups in its latest batch relies on AI to generate 95% […]

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Amidst geopolitical tensions and volatile markets, the question of Europe’s ability to weather the storms ahead, especially as President Trump seems intent on having his pound of tariffs from the continent, is looming large. But an extensive new report claims deeptech is poised to become a key pillar of Europe’s security, defense, and future autonomy, […]

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Over the last 15 years or so, as European venture capital shifted into a higher gear, one way to help a nation’s ecosystem flourish was to invest in founders from that country, regardless of where they were based. This would help re-patriate the entrepreneurial mindset back home. In Europe, the approach was pioneered in part […]

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Tracking an aspect of your health is one of the most popular applications for wearables these days. In the U.S. alone, 44% of Americans own devices specifically for this purpose, according to one recent report. A startup called Junction believes that more can be done with that data: It can be shared with researchers and […]

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Venture investment to startups founded by women in Europe declined 12% in 2024, but it was in line with the 11% decrease in venture investment overall.

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While Venmo or Splitwise are effectively “debt collector” tools, which require one person to pay a full bill and then request funds from others, neither have cracked bill-splitting at the moment of payment. European startup Cino, which has come up with just such a product, has now raised €3.5 million in a seed-funding round led […]

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“There’s scarcely a part of the company that is unaffected by AI,” said Vishal Sharma, Amazon’s VP of Artificial General Intelligence, on Monday at Mobile World Congress in Barcelona. He dismissed the idea that open source models might reduce compute needs and deflected when asked whether European companies would change their generative AI strategies in light […]

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When it comes to AI software, you can build something clever, but that’s not always the same as building something that is secure. With so much software now getting written by AI, having a window into its security can be a challenge. That’s the premise of Archipelo, a San Francisco-based cybersecurity startup that is today […]

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