Good news from around Europe
Tesla bids to enter British energy market Elon Musk’s Tesla could soon enter the British energy market, taking on the likes of British Gas, Octopus, and E.ON. The US electric car giant has applied to Ofgem, the British energy regulator, for a licence to supply electricity, according to a notice published on
Belgian spacetech EDGX raises €2.3M to bring edge computing to space Belgian spacetech EDGX has closed a €2.3 million seed round to accelerate the commercial rollout of its onboard AI computing system for satellites, EDGX Sterna. The round was co-led by imec.istart future fund and the Flanders Future Tech Fund,
UK fintech investment drops, despite government backing UK fintech investment fell in the first half of 2025, amid market volatility and geopolitical uncertainty and despite government plans to boost the sector. The figures, published by accountancy firm KPMG, show that UK fintech investment fell five per cent year-on-year in the first
European tech weekly recap: €848M in deals and July’s highlights Last week, we tracked more than 40 tech funding deals worth over €848 million, and over 15 exits, M&A transactions, rumours, and related news stories across Europe. Click to read the rest of the news. Powered by WPeMatico https://tech.eu/2025/08/11/european-tech-weekly-recap-eur848m-in-deals-and-julys-highlights/
paddy secures €1M Pre-Seed to lighten teachers’ workloads, gaining 12k users in just six months German edtech startup paddy has raised €1 million in Pre-Seed funding, with High-Tech Gründerfonds (HTGF) as lead investor. paddy has developed a unique AI platform that saves teachers time throughout their day, enabling them to
Dutch AI software company aizy raises €1.5 million to develop marketing strategies for SMEs Breda-based technology company aizy, specialising in AI-driven online marketing software, has announced today it has raised €1.5 million in growth capital to accelerate the development of its software, which helps SMEs improve their online marketing results
Dutch startup Caro Health joins U.S.-based HOPCo in AI HealthTech deal Healthcare Outcomes Performance Company (HOPCo), a U.S.-based global specialist in musculoskeletal (MSK) value-based care and outcomes management, has acquired Amsterdam-based Caro Health, a digital health startup using conversational AI to improve healthcare communication. The acquisition strengthens HOPCo’s European footprint
One home at a time – Swedish CleanTech Aira announces €150 million to accelerate the electrification of residential heating in Europe Stockholm-based Aira has raised €150 million in equity financing to scale operations, expand its clean energy-tech range, boost R&D in Sweden, increase production in Poland, grow market presence, and strengthen
Lithuanian DeepTech startup GREÏ raises €650k to bring AI monitoring to complex industrial and retail sites GREÏ, a Kaunas-based DeepTech startup, has raised €650k in pre-Seed to expand its AI-powered operational intelligence platform, which helps businesses with large physical sites detect risks and inefficiencies in real time. The funds, invested
London’s Edumentors raises €1.7 million to build the “world’s first human-AI tutor” British online tutoring platform Edumentors has secured €1.7 million in Seed investment to build Edu AI – aiming to change how education is delivered to school students and make high-quality education accessible at scale. The round was led