Good news from around Europe
Norrsken Foundation commits €300M to AI startups tackling global challenges The Norrsken Foundation has committed €300 million to investing in European startups using AI to solve the world’s greatest challenges. In an open letter, Norrsken’s funds confirmed that it will commit €300m to invest in ‘AI for good’. Specifically, the
SEP backs Enate as process orchestration market sees strong growth UK-based software company Enate has secured a significant investment from Scottish Equity Partners (SEP), a leading European growth equity firm, specialising in enterprise software and technology businesses. Enate provides a market-leading process orchestration and AI solution used by global service
Paris-based cryptography startup Zama secures €49 million to bring end-to-end encryption to public blockchains French startup Zama, an open-source cryptography company building Fully Homomorphic Encryption (FHE) solutions for blockchain, today announced a €49 million Series B funding round to support Zama’s mainnet launch and ecosystem adoption. The round was co-led
Austrian TravelTech startup chatlyn raises €8 million to develop the “AI brain for hotels” Vienna-based chatlyn, an AI communication hub transforming how hotels engage with guests, announced today it has secured €8 million in Series A funding to become “the AI brain for hotels” – an intelligent system that supports hotel
Unchained Robotics secures €8.5 million to help clients find the right automation technology Paderborn-based Unchained Robotics has closed an €8.5 million Series A extended funding round to scale its technology internationally and address one of the biggest hurdles in automation: making robots easy to operate through intelligent software. The round
London-based AI platform Metaview raises €30.1 million dollars to help recruiters in “the war for talent” British startup Metaview, an AI platform that transforms job interviews into actionable hiring intelligence, has announced a €30.1 million Series B funding round to further develop their suite of AI agents. The round was
“Indistinguishable from a human voice”: Berlin-based Synthflow AI raises €17.2 million for its AI voice agent German startup Synthflow AI, a voice AI platform for automated phone calls, today announced a €17.2 million Series A investment round to drive the next wave of enterprise adoption for AI voice agents. The
Microsoft is again planning large-scale cuts in the Xbox gaming division Microsoft will conduct another wave of large-scale layoffs in the Xbox division next week. This will happen as part of the company’s overall reorganization. Bloomberg reports with reference to its sources. Reductions are expected throughout the division. This will
Czech Filuta AI raises $4.2M in seed funding to develop automation in gaming and vendor compliance Filuta AI, a Prague-based company that develops tools based on artificial intelligence, has raised $4.2M in a seed funding round led by Rockaway Ventures, with participation from LionBeat Capital and TARPAN Partners, the Recursive
Czech firm KAYA VC raises €70M for Fund V to support early-stage startups across CEE KAYA, a Prague-based early-stage VC fund investing in intrepid founders across Europe, has raised nearly €70 million for a Fund V to continue supporting founders from the CEE region. The fund shared the news with