Month: April 2025

Researchers suggest OpenAI trained AI models on paywalled O’Reilly books OpenAI has been accused by many parties of training its AI on copyrighted content sans permission. Now a new paper by an AI watchdog organization makes the serious accusation that the company increasingly relied on nonpublic books it didn’t license

Isomorphic Labs nets $600M in first external funding round A UK startup spun out of Google DeepMind focusing on leveraging AI to help drug discovery has raised $600 million, marking its first external funding round. The funding round in Isomorphic Labs was led by Open AI-backer Thrive Capital with funding

CBPE announces final close of Fund XI at £714M Private equity firm CBPE today announced the final close of its latest fund, CBPE Fund XI (“Fund XI”), at its hard cap of £714 million less than four months after its launch.  Fund XI represents a 27 per cent increase from

Hungarian HRtech Qneiform secures €3M to expedite candidate analysis Qneiform, an employee intelligence platform, has raised €3M in Seed funding to strengthen how organisations understand employee performance. The round was led by PROfounders Capital and Day1 Capital, alongside existing investors Keen Ventures and DFF Ventures (formerly Dutch Founders Fund). Founded

European Investment Fund backs 33N Ventures in cybersecurity push  Cybersecurity and infrastructure software venture capital fund 33N Ventures, has secured additional investment from the European Investment Fund (EIF), a part of the European Investment Bank Group, the Luxembourg Future Fund, Criteria Venture Tech, and Caixa Capital.  33N is a European

Linux Foundation Europe launches NeoNephos for EU digital sovereignty Linux Foundation Europe today announced the official launch of the NeoNephos Foundation.  This new initiative is dedicated to fostering collaboration and innovation around open cloud infrastructure, digital sovereignty, and next-generation cloud-native technologies in Europe.  NeoNephos, one of the first concrete open

Phlux Technology bags over €10 million for their infrared sensor technology Phlux Technology, a Sheffield-based infrared sensor startup, has raised €10.7 million in a Series A funding round to enable the next generation of fibre broadband connectivity and expand into the optical communications and sensing markets. The funding round was

Tomorro raises €25 million looking to become the European standard in contract management Paris-based Tomorro, a platform innovating the contract-management market, has raised €25 million in its latest funding round, which will go hand-in-hand with the opening of offices outside France, more specifically in the Cologne region, in Germany. Led by

Founder and CEO of SKROL, Michael Cassau, joins the EU-Startups Summit 2025! ​We are thrilled to announce that Michael Cassau, Founder of Grover and SKROL, will be joining us at the EU-Startups Summit 2025 for an exclusive Fireside Chat titled “From Building & Exiting a Unicorn to the Plan of Acquiring

Backed by Meta and Adidas, Covision Media raises €5 million to lead the 3D content revolution Covision Media, a Bressanone-based company specialising in 3D scanning and 3D AI technology, has exclusively revealed to EU-Startups the successful closing of its €5 million Seed funding round. This investment will accelerate its expansion