Month: May 2025

Fastino trains AI models on cheap gaming GPUs and just raised $17.5M led by Khosla

Fastino trains AI models on cheap gaming GPUs and just raised $17.5M led by Khosla Tech giants like to boast about trillion-parameter AI models that require massive and expensive GPU clusters. But Fastino is taking a different approach. The Palo Alto-based startup says it has invented a new kind of

Stripe unveils AI foundation model for payments, reveals ‘deeper partnership’ with Nvidia

Stripe unveils AI foundation model for payments, reveals ‘deeper partnership’ with Nvidia Fintech giant Stripe announced Wednesday a slew of new product launches at its annual Stripe Sessions user event. The highlights include a new AI foundation model for payments; stablecoin-powered accounts; a new Orchestration offering, and a recent migration

Visa makes “strategic investment” in stablecoin infrastructure startup BVNK

Visa makes “strategic investment” in stablecoin infrastructure startup BVNK Visa has made a “strategic investment” in stablecoin infrastructure startup BVNK. The investment, through Visa Ventures, the corporate venture arm of Visa, comes amid increased adoption and more mainstream acceptance of stablecoins. Stablecoins are a type of cryptocurrency pegged to a

Faircraft acquires VitroLabs assets in effort to dominate lab-grown leather market

Faircraft acquires VitroLabs assets in effort to dominate lab-grown leather market French biotech Faircraft has announced acquired key assets from VitroLabs, a California-based startup also working to create lab-grown leather. The move is designed to fast-track the industrialisation of in vitro leather production, as the nascent sector moves closer to

April 2025’s top 10 European tech deals you need to know about

April 2025’s top 10 European tech deals you need to know about In April 2025, the European tech ecosystem saw a significant 42 per cent drop in total capital raised month-over-month, falling to €3.3 billion from €5.7 billion in March. Despite the sharp decline in funding volume, deal activity increased,

Dutch biotech CryoCloud raises €2M to enhance machine learning for drug discovery

Dutch biotech CryoCloud raises €2M to enhance machine learning for drug discovery Dutch biotech CryoCloud has secured a €2M Seed funding round to expand its cryo-electron microscopy SaaS platform, which aims to streamline drug development by automating complex structural biology workflows. The round was led by Barcelona-based healthtech VC Nina

European tech funding falls 42% in April as fintech leads investment volume

European tech funding falls 42% in April as fintech leads investment volume According to the Tech.eu database, European tech companies secured €3.3 billion in funding across approximately 311 deals in March 2025. Click to read the rest of the news. Powered by WPeMatico https://tech.eu/2025/05/06/european-tech-funding-falls-42-in-april-as-fintech-and-eads-investment-volume/