Good news from around Europe
German AI translation startup DeepL to axe 250 staff DeepL, the German AI translation startup, is cutting around 250 jobs, about a quarter of its headcount, saying it was moving to smaller teams so it is able to compete amid rapid AI advancements, its CEO said today. Posting on LinkedIn, Jarek
Meatly raises £10.4M to build Europe’s largest cultivated meat bioreactor facility in London Cultivated meat pioneer Meatly, Europe’s first company to sell cultivated meat, has today announced that it has raised £10.4 million in Series A funding. Since launching in 2022, Meatly has solved the key technical cost challenges facing
Meet the French startup fixing the guardrail gap holding enterprise AI back As enterprises rapidly adopt agentic AI systems capable of autonomously executing tasks, interacting with tools, and making decisions across workflows, concerns around security, hallucinations, governance, and operational control are becoming a major barrier to deployment. French company Giskard
Healthtech: 10 companies that raised the most in 2025 In 2025, Europe’s healthtech ecosystem showed strong funding momentum, with capital concentrated in large rounds across biotech, medtech, digital health, and AI-enabled healthcare. The biggest deals came from companies such as Oura Health, Isomorphic Labs, Verdiva Bio, Tubulis, and Neko Health,
UK quantum outfit Quantum Motion run on silicon chips raises $160M A UK university spinout, which builds full-stack quantum computers made with the same silicon chip technology used in laptops and smartphones, has raised $160m in an investment round, it said today. The Series C funding round in Quantum Motion
Swarmer IPO, the SaaS apocalypse and drones from “Ukrainian housewives.” What was the first venture quarter of 2026 like? The first quarter of 2026 for Ukrainian venture began with the emergence of two new unicorns — Preply and UForce — and the first Nasdaq listing of the Ukrainian Defense Tech
Meta ramps up fight against bots: Instagram and Threads mass-remove fake accounts Instagram and Threads users report that followers are unfollowing them en masse. The founder of the charity of the same name, Serhiy Prytula reported that he lost 15,000 followers in one evening. “I never thought I’d thank a
“The Devil Wears Prada 2” grossed over $233 million worldwide in its opening weekend. How much did the film earn in Ukraine? The sequel “The Devil Wears Prada 2” collected $233.6 million worldwide in its first weekend. Variety reports this. According to Suspilne Kultura, in Ukraine “The Devil Wears Prada
xAI will be dissolved as a separate company. It will become part of SpaceX — Mask The artificial intelligence company xAI will cease to exist as a separate organization. This was announced by Ilon Mask on the social network X. Instead, xAI will be transformed into the SpaceXAI division, which
Anthropic to raise Claude limits after SpaceX compute deal Anthropic announced a partnership with SpaceX. Under it, it will gain access to the compute capacity of the Colossus 1 data center and double the usage limits for Claude Code for paid users. This was reported by Engadget. The company said