Good news from around Europe
Alt Carbon scores $12M seed to scale carbon removal in India From a struggling family tea estate to an innovative climate venture, Alt Carbon has raised $12 million in a seed round as it plans to scale its carbon dioxide removal work in the South Asian nation. The climate-tech startup,
Luminar secures up to $200M following CEO departure and layoffs Lidar company Luminar reached a deal with Yorkville Advisors Global and another unnamed investor that could bring another $200 million into its coffers through the sale of convertible preferred stock over an 18-month period. The agreement, which was announced in
Klarna used an AI avatar of its CEO to deliver earnings, it said Other than AI Siemiatkowski admission, it wasn’t obvious that this was AI. There were only a few subtle signs. Powered by WPeMatico https://techcrunch.com/2025/05/21/klarna-used-an-ai-avatar-of-its-ceo-to-deliver-earnings-it-said/
Spotify says support for external payments on iOS has already boosted subscriptions Spotify says its ability to direct its customers to external payment links in its iOS app has already had a positive impact on sales. In a newly filed amicus brief in support of Epic Games in its ongoing
LM Arena, the organization behind popular AI leaderboards, lands $100M LM Arena, a crowdsourced benchmarking project that major AI labs rely on to test and market their AI models, has raised $100 million in a seed funding round that values the organization at $600 million, according to Bloomberg. Andreessen Horowitz
AI unicorn Builder.ai confirms insolvency proceedings Today Microsoft-backed Builder.ai has announced that it will enter insolvency proceedings. The company confirmed to the Financial Times that its main unit, Engineer.ai Corporation, “will be entering into insolvency proceedings and will appoint an administrator to manage the company’s affairs”. UK unicorn Builder.ai developed
Butternut Box snaps up €75M in fresh financing Fresh dog food startup Butternut Box has raised over €75 million debt financing from Liquidity. The company was founded in 2016 after its co-founders saw the benefits that home-cooked food had on Dave’s poorly rescue dog, Rudie. Butternut Box delivers delicious, human-quality
Oslo-based Attensi secures over $25M in growth funding for gamified training solutions Attensi, an edtech providing game-based training and skills development, has raised $25 million in non-dilutive growth funding from Ture Invest Partners, a direct lender in the Nordic region. This new funding comes as the company accelerates its expansion
British adeus secures £500,000 Innovate UK grant for electronic wills London-based digital wills platform adeus has received a £500,000 Innovate UK Smart Grant to advance technology supporting the upcoming legal shift toward electronic wills in England and Wales. adeus, a London-based digital-first wills and legacy planning startup, has been awarded
Gothenburg: Scandinavia’s Mobility Tech Powerhouse It’s an early spring afternoon and I’m in Sweden driving a ‘snow’ 2025 Polestar 2 with a so-called performance package. It’s the first time I’ve driven an electric car and very different from the 20-year-old petrol VW Golf that I’ve driven for the past five