EU Information Service

Salesforce acquires UK AI startup Convergence one year after launch US SaaS giant Salesforce has snapped up London-based AI agent startup Convergence, which was only founded a year ago. Convergence was founded by Marvin Purtorab and Andy Toulis, who both worked at Shopify and AI enterprise firm Cohere. AI agents

UK-based Origin raises $21M Series A to tackle fragmented employee benefits British startup Origin has launched out of stealth with $21 million in Series A funding. The round was led by Felix Capital, with participation from Acadian Ventures, Notion Capital, and a angel investors from across the HR, tech, and

Cyprus-based Studio 42 raises $3.6M to launch its first hybrid game Mobile games startup Studio 42 has raised $3.6 million in Seed funding to accelerate the development of its debut title and test new puzzle game concepts. The round was led by gaming specialist VC Play Ventures, with participation from

UK proptech Martello raises £1.2M to modernise environmental risk reporting UK-based proptech Martello has raised £1.2 million in Seed funding to accelerate the rollout of its AI-powered platform. Martello aims to overhaul how environmental and property risks are assessed during the conveyancing process. The round was led by Fuel Ventures,

Optics11 raises €17M to enhance power infrastructure resilience in Europe Dutch fibre optic sensing startup Optics11 has raised €17 million funding. Europe’s growing reliance on its power infrastructure for vital needs requires unprecedented resilience against increasingly sophisticated threats. Like a higher risk of underwater sabotage, to a rapidly ageing base

Ten years of Glovo: Growth, gig work, and legal challenges What began in 2015 as a six‑person experiment in Barcelona has evolved into a delivery powerhouse with over 3,000 employees, a presence in 23 markets and more than 1 billion orders processed. Glovo, the Spanish technology company now part of Delivery

British film financier Goldfinch and Luxembourgian Digital Genesis launch €17.8 million entertainment fund Goldfinch Holdings, the London-based film financier, and Luxembourg’s newly established Digital Genesis Fund are joint financing a fund worth €17.8 million to back next-gen media ventures that leverage tokenisation, AI, the metaverse, and TMT infrastructure. The fund

Cypriot videogame startup Studio 42 levels up with €3.2 million to fund their debut title Limassol-based Studio 42, a new mobile game development studio founded by industry veterans, today announced it has raised €3.2 million in Seed funding to develop its debut title. The round was led by Play Ventures,

Brussels-based HRTech scale-up Shyfter raises €1.5 million to “step on the accelerator” and expand into key markets The Belgian HRTech scale-up Shyfter, specialised in SaaS workforce management solutions, announced a €1.5 million fundraising round to accelerate its international growth in France, Spain and the Netherlands. This fundraising round brings together

Amsterdam-based startup Optics11 has just raised €17 million to defend Europe’s fiber optic cables from sabotage Optics11, a Dutch DeepTech scale-up that builds advanced fiber optic sensing solutions, announced a €17 million funding round in order to scale its solution and “protect Europe’s vital infrastructure from increasing threats”. The round