Good news from around Europe
Founded by DeepMind alumnus, Latent Labs launches with $50M to make biology programmable A new startup founded by a former Google DeepMind scientist is exiting stealth with $50 million in funding. Latent Labs is building AI foundation models to “make biology programmable,” and it plans to partner with biotech and
Reddit hints at expanded AI-powered search Reddit CEO Steve Huffman said the online forum site plans to launch an upgraded search experience in 2025 designed to help users navigate the social network and be able to answer “subjective hard, [and] interesting questions.” The company plans to achieve this by integrating
NXP Semiconductors acquires NPU startup Kinara NXP Semiconductors has agreed to acquire Kinara, a provider of programmable discrete neural processing units (NPUs). These devices enable a wide range of edge AI applications, including multi-modal generative AI models. NXP Semiconductors is a semiconductor company that designs and manufactures technology for devices to
How tea brewing makers BRU went from idea to 10,000+ sales and a €2 million raise If you want someone to disrupt a traditional sector, ask a startup. Take tea. Serial entrepreneur Bogdan Krinitchko loves tea but not the process — what tea snobs call “the ritual” — of making
Plain, founded by ex-Deliveroo employees, raises $15M Series A Plain, a platform for B2B customer support, has raised $15M in Series A funding led by Battery Ventures, with continued participation from Index Ventures and Connect Ventures. Plain is a customer support platform designed to integrate seamlessly with a company’s existing
Tikehau Capital increases investment in Eclairion’s modular HPC infrastructure to €160M Asset management group Tikehau Capital has invested an additional €50 million in high-performance computing (HPC) and Al hosting services company Eclairion, bringing its investment to €160 million. French company ECLAIRION offers modular infrastructure consisting of container modules, providing agility,
UK game studio TonTon sees gaming on Telegram as “a billion-user opportunity waiting to be tapped” If you’re looking for online games, there’s a marketplace you might not have considered —Telegram, the fourth-largest messaging app globally. It offers a diverse gaming ecosystem within the messaging app that loads instantly in
€120.7 million for Tines and its AI-powered workflow platform Dublin-based Tines, a startup focused in AI-powered workflows, today announced €120.7 million in Series C financing, raising the total valuation of the company to €1 billion, in order to accelerate product innovation and ensure enterprise-grade security. The round was led by
ScorePlay scores big with €12.5 million to transform sports media management ScorePlay, an AI-powered platform innovating sports media management, has secured €12.5 million in a Series A funding round in order to fuel the company’s expansion and support ongoing platform innovation. The investment was led by Harry Stebbings’ 20VC, with
Van life deluxe: Vancubic raises €500k to expand modular camper conversions Vigo-based Vancubic, a startup specialising in modular camper conversion solutions, has secured a €500k funding round in order to accelerate its international expansion, with a focus on Europe, diversify its product range to fit a wider variety of vans,