Good news from around Europe
Orgs demand action to mitigate AI’s environmental harm A group of more than 100 organizations has published an open letter calling on the AI industry and regulators to mitigate the tech’s harmful environmental impacts just days before leading industry CEOs, heads of state, academics, and nonprofits descend on Paris for
Amazon doubles down on AI with a massive $100B spending plan for 2025 Amazon is joining other Big Tech companies by announcing huge AI spending plans for 2025. © 2024 TechCrunch. All rights reserved. For personal use only. Powered by WPeMatico https://techcrunch.com/2025/02/06/amazon-doubles-down-on-ai-with-a-massive-100b-spending-plan-for-2025/
Government agency removes spoon emoji from work platform amid protests According to a New York Times report, on Thursday, the U.S. government’s General Services Administration (GSA) removed the spoon emoji as an option that users of its videoconferencing platform can select to express themselves. The move comes a day after
World’s first cell-cultivated meat dog treat goes on sale in store in the UK UK cell-cultivated meat company Meatly today became the first company in the world to supply cell-cultivated meat for pet food on sale. Produced in collaboration with plant-based dog food brand THE PACK, a limited-release of “Chick
British Ionate closes $17M Series A for energy grid platform IONATE, a deeptech startup offering a hardwrae and software solution for smart electricity grids, has raised a $17M Series A led by AlbionVC. The round was joined by a syndicate of new strategic investors including “In-Q-Tel (IQT)”, JGC MIRAI Innovation
Estonian DriveX raises €1.2M to detect windshield damage quickly Estonian deeptech DriveX has raised 1.2M to accelerate windshield damage detection technology and expand its AI capabilities. The round was spearheaded by Carglass Estonia, Lithuanian and Slovenian business angels, existing investors and a development grant from the Estonian applied research program.
Froda expands partnership with EIF unlocking €150M for SMEs Froda, a provider of capital to SMEs, has strengthened its partnership with the European Investment Fund (EIF) by securing an additional lending capacity of €100 million. This builds on an existing €50 million guarantee, bringing the total to €150 million. It
Visma expands into France with Evoliz acquisition Financial management SaaS Visma has acquired Evoliz, a financial management platform for small and medium-sized enterprises in France. Evoliz provides payments expertise and technological features for French SMEs, helping them simplify their daily financial operations and transform business management into streamlined pre-accounting. This
Prior Labs raises €9 million for foundation models for spreadsheets and databases Freiburg-based Prior Labs, an AI startup innovating foundation models for spreadsheets and databases, has raised €9 million in pre-Seed funding, to accelerate product development, expand the team, and bring the model to more users. The funding round was
DeepTech IONATE raises €16.3 million to modernise global power systems IONATE, a London-based DeepTech startup offering the hardware-software backbone for smart electricity grids, has raised €16.3 million in a Series A funding round The round was led by AlbionVC and joined by a strong syndicate of new strategic investors including