Good news from around Europe
New ROOST initiative launches at Paris AI Summit and aims to secure AI with open source safety tools Today sees the launch of the Robust Open Online Safety Tools (ROOST) initiative at the AI Action Summit in Paris. ROOST is a new non-profit organisation incubated at the Institute of Global
FINN secures €1B ABS financing for fleet expansion German car subscription platform FINN has closed a new Asset-backed Security financing program, “ABS II,” with a volume of up to €1 billion. An Asset-backed Security (ABS) is a financing structure in which debt capital is secured by the company’s vehicle fleet. FINN
Startups on alert as UK government opens AI growth zones bidding Startups were put on alert today as the UK government opened up the bidding for its AI growth zones. The growth zones, designated areas to ramp up the UK’s AI infrastructure and technology efforts, were announced as part of
January 2025’s top 10 European tech deals you need to know about According to the Tech.eu database, European tech companies raised €6.6 billion throughout January 2025. In comparison to the same period in previous years, January 2025 experienced a notable decline of about 60 per cent compared to 2024, but
Bulgarian UVIONIX secures $3.5M Seed funding for warehouse automation Robotics and automation company UVIONIX has raised a $3.5 million round from LAUNCHub Ventures. The round is co-led by Hungarian PortfoLion and includes participation from Romanian Underline Ventures, German Robin Capital, and angels. UVIONIX is a robotics and automation company that
FinTech ReBloom secures €400k to shake up private secondary trading Copenhagen-based ReBloom, a FinTech startup focused on the private secondary trading space, has successfully raised a €400k pre-Seed round to fuel its growth. Founded only three months ago, the company aims to democratise access to unlisted stocks through its AI-driven
TravelTech startup Exoticca gets a €25 million boost to its expansion plans Barcelona-based Exoticca, a TravelTech startup specialising in the digitalisation of long-haul, multi-destination trips, has secured €25 million in funding from BBVA Spark, the division of BBVA focused on supporting high-growth startups. This financing follows the company’s recent €60
Plain raises €14.5 million to develop their collaborative B2B support platform London-based Plain, a platform innovating B2B customer support, today announced it has raised €14.5 million in Series A funding to develop their AI-powered platform and establish its first U.S. office in San Francisco. The funding round was led by
Car subscription service FINN closes ABS of €1 billion to finance its fleet growth Munich-based FINN, a car subscription platform has today announced the closing of a new ABS financing program (Asset-backed Security) “ABS II” with a volume of up to €1 billion euros. The financing is provided by leading
Behind the scenes of a pitch deck review: A VC’s perspective For founders, sending a pitch deck to a venture capital (VC) fund can feel like casting a message into the void. You might wonder: Did they see it? Did it resonate? Should I follow up again? Let me take