Good news from around Europe
Ukrainian decacorn Grammarly raises $1 billion from General Captial AI productivity assistant Grammarly has raised $1 billion financing from General Catalyst. Founded in 2009 in Ukraine, Grammarly’s funding has grown to over $1.4 billion. Grammarly is considered a decacorn, a privately held startup valued at over $10 billion. The company continues
Edtech IXL Learning acquires MyTutor to expand footprint in the UK California-based edtech giant IXL Learning has acquired MyTutor, the UK’s most prominent online tutoring platform. The acquisition, announced today, gives IXL a significant foothold in the UK market. The financial details of the acquisition were not disclosed. MyTutor has
TXP acquires Metatech to bolster legacy IT systems UK-based digital transformation firm TXP has acquired Newcastle-headquartered Metatech Solutions as part of its ongoing scaleup strategy. The acquisition strengthens TXP’s position in the area of Gen application migration, which remains critical for large-scale legacy systems in banking, insurance, and public sector
FE fundinfo acquires Fundipedia to expand data management capabilities for asset managers Financial data company FE fundinfo has announced the acquisition of Fundipedia, a UK-based SaaS platform that helps asset managers capture, validate, and distribute product data. The deal marks FE fundinfo’s fifth acquisition in the past year. The acquisition,
Innovation and collaboration: Denmark’s vibrant tech environment Denmark’s tech ecosystem is thriving, particularly in green tech, healthtech, fintech, robotics, and AI. These sectors are supported by robust digital infrastructure, a skilled workforce, and forward-thinking government policies. Copenhagen remains the national startup hub, while Odense has rapidly emerged as a key
Portuguese energy startup Gazelle Wind Power raises an additional €2 million for its offshore wind platform tech Viana do Castelo-based Gazelle Wind Power, the developer of a next-generation floating offshore wind platform technology, has secured an additional €2 million investment from Banco Português de Fomento, Portugal’s Sovereign Bank. The funding
“Golden nuggets of insight” – Danish startup TODAY secures €1 million to help financial advisors save time and sell smarter TODAY, a Copenhagen-based Vertical AI startup, has secured €1 million in a pre-Seed funding round to scale its product development, grow its sales team, and stay on track to becoming
Pitch competition applications now open for the FutureTravel Summit 2025 On October 30th, Barcelona will once again host the FutureTravel Summit: a global gathering of over 450 travel innovators, startup founders, corporate executives, and investors. Set in one of Europe’s most iconic travel hubs, the summit brings together forward-thinking minds
Copenhagen-based FinTech startup Groundley secures €970k to build smarter finance engines with AI magic Danish FinTech startup Groundley has successfully closed a €970K Seed funding round to accelerate its mission of transforming financial insight and sustainability tracking across large enterprises. The round includes a loan from EIFO (The Danish Export
AI meets Health: 10 promising European startups leading the change in 2025 Europe’s healthcare landscape is undergoing a quiet revolution, powered not just by new medicines but by lines of code. Artificial Intelligence is swiftly becoming the doctor’s most powerful ally, enhancing diagnostics, streamlining workflows, and enabling more personalised, predictive