Good news from around Europe
Spains Multiverse raises $215m and increases valuation 5x Powered by WPeMatico https://sifted.eu/articles/multiverse-computing-raises-215m-increases-valuation-5x/
Exclusive: Octopus Energy deepens its focus on Africa with first tech investment Powered by WPeMatico https://sifted.eu/articles/octopus-energy-mopo-energy-africa/
The 10 fastest-growing French startups Powered by WPeMatico https://sifted.eu/articles/the-10-fastest-growing-french-startups/
After a string of successes, early-stage fund Felicis raises fresh $900M Lately, Felicis, like most VCs, has been all over AI. Its portfolio now includes, for example, Browser Use, Poolside, Runway, and Supabase. Powered by WPeMatico https://techcrunch.com/2025/06/12/after-a-string-of-successes-early-stage-fund-felicis-raises-fresh-900m/
The Meta AI app is a privacy disaster Meta does not indicate to users what their privacy settings are as they post, or where they are even posting to. So, if you log into Meta AI with Instagram, and your Instagram account is public, then so too are your searches.
Bluesky backlash misses the point Not only is Bluesky more than just a Twitter/X alternative, it’s just one app in a wider social ecosystem built on open technology. Powered by WPeMatico https://techcrunch.com/2025/06/12/bluesky-backlash-misses-the-point/
Meta teams with XGS Energy to build a 150 MW geothermal power plant Meta is the latest tech company to warm to geothermal energy, announcing on Thursday a deal with startup XGS Energy to develop a 150 megawatt geothermal power plant in New Mexico. Powered by WPeMatico https://techcrunch.com/2025/06/12/meta-teams-with-xgs-energy-to-build-a-150-mw-geothermal-power-plant/
Tesla sues former Optimus engineer over alleged trade secret theft Tesla alleges that Zhongjie Li stole confidential trade secrets and used them to launch a robotics startup a week after he left Tesla. Powered by WPeMatico https://techcrunch.com/2025/06/12/tesla-sues-former-optimus-engineer-over-alleged-trade-secret-theft/
Boosting industrial efficiency: RIIICO’s AI solution raises $5M in Seed funding German deeptech industrial startup RIIICO has raised $5 million in Seed funding. RIIICO develops an AI-based software platform that enables industrial companies to digitally model, redesign, and quickly adapt their established factories (brownfields) to new products or processes. It
OneBalance raises $20M to deliver seamless cross-chain UX for stablecoins and crypto UK-based developer platform OneBalance has raised $20 million in a Series A round to solve one of crypto’s biggest problems – fragmented onchain user experience. The round was led by cyber•Fund and Blockchain Capital, with participation from Mirana