Good news from around Europe
German AI-search firm amberSearch secures €2.1M Seed investment German AI-search company amberSearch has secured €2.1 million Seed investment from Ventech, with participation from angel investors. amberSearch was founded in 2021 by RWTH Aachen University alumni Bastian Maiworm, Igli Manaj, and Philipp Reißel. With a team of 30 employees based in Aachen
Welinq launches commercial quantum memory for distributed quantum architecture Quantum computing tech company Welinq, has launched the first commercial quantum memory designed specifically for quantum data centres with world-record performance. Quantum computing is reaching a turning point: with more than 100 individual quantum computers deployed in dedicated infrastructures, the next challenge
European tech weekly recap: More than 75 tech funding deals worth over €866M Last week, we tracked more than 75 tech funding deals worth over €866 million, and over 10 exits, M&A transactions, rumors, and related news stories across Europe. Click to read the rest of the news. Powered by WPeMatico
Türkiye’s FERASET raises $4.5M to power the future of AI-driven consumer apps Turkish developer and marketer of AI-powered consumer apps FERASET, has secured $4.5 million Seed investment from Play Ventures and e2vc. Headquartered in Istanbul, FERASET specialises in AI-driven mobile applications across design, video, music, photo, and utility categories. Its
‘Trapped and unpaid’: Ex-employees accuse Raydiant of dodging labour laws in Europe At Tech.eu, we frequently cover European companies expanding into new markets. But what happens when a US company enters Europe—and fails? I recently heard from a group of former workers in Lithuania who are facing this very predicament.
VC branding and PR: A game-changer for winning the best deals The VC ecosystem is more competitive than ever, with more funds competing for the best deals and LPs, and a more diversified landscape featuring specialist funds, solo GPs, and new investment strategies. With more funds than ever competing for
Bolt acquires Danish ride-hailing company Viggo in first acquisition in its 12 year history Bolt, the Tallinn-based shared mobility platform, has acquired Viggo, the Copenhagen-based leading ride-hailing business, for an undisclosed sum – the acquisition will see Bolt’s ride-hailing operation enter Denmark for the first time and add to its
GDPR, EU AI Act, and certification standards without hassle: Join our expert panel at EU-Startups Summit 2025! On April 24-25, 2025, the EU-Startups Summit returns to Malta for an unmissable two-day event bringing together around 2,400 founders, startup enthusiasts, and investors for insightful talks, networking, and industry-leading discussions. “How Startups
Augustine Therapeutics raises €78 million to develop new therapies for diseases including CMT Leuven-based Augustine Therapeutics NV, a BioTech company focused on developing new therapies for neuromuscular, neurodegenerative and cardio-metabolic diseases through the inhibition of the cytosolic Histone DeACetylase 6 (HDAC6) enzyme, today announced it completed its €77.7 million Series
Ukrainian IT industry paid more than $1 billion in taxes in 2024 – IT Ukraine Association research In 2024, there were 266.8 thousand taxpayers in the Ukrainian IT industry. Powered by WPeMatico https://en.ain.ua/2025/03/24/ukrainian-it-industry-paid-more-than-1-billion-in-taxes-in-2024/