Day: August 2, 2025

OpenAI launches first European data centre in Narvik, Norway OpenAI has announced the launch of its first European AI data centre and one of the world’s largest GPU facilities. Located just outside Narvik in Northern Norway, the project is being developed in partnership with Nscale Global Holdings and Norwegian industrial

Bootstrapped and thriving: How dog training app Woofz hit $20M ARR without VC funding While most startups have been chasing funding through the VC freeze, there’s another way — bootstrapping.  nove8, developer of a leading dog training app, Woofz decided to bootstrap. It successfully scaled from $5.2 million to $20

Handwave raises $4.2M to launch palm-based payments in Europe and the US Latvian biometric startup- Handwave has raised $4.2 million in Seed funding to launch its palm-based payment and identity platform in Europe and the US.  Handwave turns your palm into a secure, contactless way to pay, prove your age,

Cambridge Innovation Capital commits £100M to University of Cambridge spinouts Cambridge Innovation Capital (CIC) is committing at least £100m to invest in spinouts from the University of Cambridge. The funding will seek to take advantage of the vast commercial potential in science and technology innovation developed by Cambridge researchers and

Weekly funding round-up! All of the European startup funding rounds we tracked this week (Jul 25 – Aug 01) This article is visible for CLUB members only. If you are already a member but don’t see the content of this article, please login here. If you’re not a CLUB member

German camper van rental startup roadsurfer lands €25 million to accelerate international growth Roadsurfer, a Munich-based company specialising in outdoor mobility has raised €25 million to support the international expansion of their camper van rental platform and accelerate its growth across Europe and North America. The financing came in the

London’s Atlantica powers up in Canada with renewable platform acquisition from Oslo’s Statkraft Atlantica Sustainable Infrastructure, the London-based company focused on sustainable assets, has announced the acquisition of Statkraft’s Canadian renewable energy platform. The move adds 236 MW of operational capacity and a development pipeline totalling 0.8 GW across solar,

VC firm Cambridge Innovation Capital commits €115 million to back University of Cambridge spinouts Cambridge Innovation Capital (CIC), the VC firm investing in British high-potential DeepTech and life sciences companies, announced they are committing at least €115 million to invest in spinouts from the University of Cambridge. This investment forms

Latvian startup Handwave raises €3.6 million to make payment and identification as easy as a wave of your hand Riga-based Handwave, a biometric startup founded in Latvia, has raised €3.6 million in Seed funding to launch its palm-based payment and identity platform in Europe and the US. The round includes

OpenAI invests in Stargate’s first European data center OpenAI has agreed to become a key customer of a new data center in Norway, which will be the first European facility of the Stargate infrastructure project. This was announced in a joint statement by Norwegian investor Aker ASA and Nscale Global