Good news from around Europe
VC funding in Ireland soars to €1.48 billion, but early-stage firms face “choppy” waters Funds invested into Irish technology SMEs reached a record high of €1.48 billion in 2024, or 9% up on the previous year, according to the Irish Venture Capital Association (IVCA) VenturePulse report published today. The association,
Clean energy startup 1KOMMA5° grows to €520 million, eyes €10 billion target by 2030 Despite a challenging market for solar systems and heat pumps, Hamburg-based CleanTech startup 1KOMMA5° achieved a record €520 million in revenue for 2024—growing its organic sales by 36% to €490 million—while remaining debt-free and expanding its
Pedal forward: FLIT raises €1.4 million to scale its ultra-compact folding e-bike FLIT, a Cambridge-based engineering company that builds folding electric bikes for urban commuters, has raised €1.4 million in new funding to ramp up production of its latest model, the FLIT M2 at its Cambridge facility. The funding round
TimeFlow closes €4 million funding round to expand abroad and develop AI features Milan-based TimeFlow, a solution that automates and optimises workforce management and IT supply chain resource procurement, announces the closing of a new €4 million funding round. The round, funded in part by the European Union-Next Generation EU,
Grand Theft Auto 6 may be released on PC in the early 2026 — early rumors Rockstar Games has a long history of skipping PC versions for the initial launches of its flagship games. Powered by WPeMatico https://en.ain.ua/2025/02/17/gta-6-release-on-pc-in-2026/
Finnish-Ukrainian Double Tap invests in Black Forest Systems, a Ukrainian drone developer The startup’s first product to hit the market is a reconnaissance and attack drone called “Vyrok,” designed to eliminate the enemy during an attack or defense. Powered by WPeMatico https://en.ain.ua/2025/02/17/double-tap-invests-in-black-forest-systems/
OpenAI follows in the footsteps of Meta, Google, and Amazon in pulling out of DEI program — why is this happening? Companies are being forced to rethink their Diversity, Equity and Inclusion (DEI) programs by US President Donald Trump’s new policies. Powered by WPeMatico https://en.ain.ua/2025/02/17/openai-pulls-out-of-dei-program/
“Ukraine is a highly competitive market.” Interview with Revolut’s head of expansion on the launch in Ukraine, risks, development plans, and hiring AIN spoke to Dmytro Strelchuk, Head of Expansion, to learn whether they are hiring employees, planning to open accounts in Ukrainian banks, or renewing their residency in Diia.City.
Lithuanian fintech startup Veli secures investment from Omorika Ventures to expand its crypto portfolio platform Veli is a digital asset investment platform where financial advisors can onboard their clients and manage their portfolios. Powered by WPeMatico https://en.ain.ua/2025/02/17/veli-from-omorika-ventures/
H Company cofounder takes top job at Metas AI research lab in Paris Powered by WPeMatico https://sifted.eu/articles/h-company-cofounder-meta-news/