Good news from around Europe
Paris trumps London as Europe’s leading tech ecosystem, according to new data Paris has come ahead of London in a ranking of global tech ecosystems. Paris is the only European city to make it into the top five global ecosystems, coming in at number four, according to data from Dealroom.
“Still in shock”, say Builder.ai staff, following collapse into insolvency Workers at Microsoft-backed UK unicorn Builder.ai, which has fallen into insolvency, said today they are “still in shock” at the turn of events. Shalini J, a senior software engineer at Builder.ai, said she was “still in shock”. The software engineer was
Swedish legaltech Legora raises $80M Series B at $675M valuation Stockholm-born legaltech company Legora, formerly known as Leya, has announced an $80 million Series B funding round, bringing its valuation to $675 million. The round is led by ICONIQ Growth and General Catalyst, with follow-on investment from Redpoint Ventures, Benchmark,
How Talentguide uses AI to future-proof vulnerable workforces We often talk about how AI can drive job displacement, but a Ghent startup is using AI to strengthen job security in a rapidly aging labour market. Talentguide is a HRtech company that provides AI-driven skills insights through a turnkey SaaS platform
UK-based Rivan raises £10M to scale solar-powered synthetic fuel plants for heavy industry London-based climatetech Rivan has raised £10 million in a funding round led by Plural, with participation from 20VC, Nat Friedman and Daniel Gross (NFDG), and angel investors Patrick and John Collison, co-founders of Stripe. The company is developing
London-based Converge raises €19.4 million to decarbonise concrete with AI British startup Converge, an innovator of AI-powered concrete management and decarbonisation technologies, announced they have raised a €19.4 million investment round to further develop their ConcreteDNA platform. The funding round was led by ABN AMRO Sustainable Impact Fund (SIF) and
German scale-up Flip secures €25 million to expand new AI-powered capabilities for deskless workers Stuttgart-based software scale-up for deskless workers, Flip, announced today a €25 million Series A extension in order to drive targeted advancements in AI and accelerate growth. The round was led by existing investors including LEA Partners,
Paris-based Veesion raises €53 million to stop shoplifting with AI that understands gestures Veesion, a French startup building AI tools to detect suspicious behaviour in physical stores, has announced a €38 million Series B funding round, accompanied by €15 million in non-dilutive funding, bringing the total raised to €53 million.
Swedish LegalTech startup Legora attracts €70.6 million for collaborative AI aimed at law firms and legal teams Despite not actively seeking funding, Legora, a Stockholm-based LegalTech startup, announced today a €70.6 million Series B funding round in order to further develop their collaborative AI platform – landing a €596 million
Swiss HealthTech company ReproNovo raises €57 million to tackle declining fertility rates Lausanne-based HealthTech startup ReproNovo, a company innovating treatments for reproductive medicine and women’s health, has secured a €57 million Series A financing round. The round was led by Jeito Capital, AXA IM and M Ventures, alongside a syndicate