Good news from around Europe
Danish-Ukrainian startup Dropla Tech raises €2.4M to scale AI-powered threat detection and demining solutions Dropla Tech, a Danish-Ukrainian company, has raised €2.4 million in funding from the Export and Investment Fund of Denmark (EIFO), Maj Invest, and Final Frontier to provide Ukrainian and European forces with enhanced explosive threat detection
European VC funding holds at $12.6B as CEE startups raise €640M in Q2 2025 – Vestbee report Venture funding in Europe reached $12.6 billion in Q2 2025, holding steady quarter-over-quarter but falling 24% from last year’s record levels. In Central and Eastern Europe, startups closed 144 rounds worth over €640
Ukraine has begun serial production of Flamingo cruise missiles with a range of 3,000 km Ukraine has begun production of a new winged missile with a range of 3,000 km called Flamingo. Its photo was published by Ukrainian photojournalist Yefrem Lukatsky of the Associated Press. He also announced new details
Atomico, Lakestar-backed startup Streetbees moves to appoint administrators Powered by WPeMatico https://sifted.eu/articles/atomico-lakestar-backed-streetbees-moves-to-appoint-administrators/
Monzo readies mobile phone plans, following Revolut and Klarna Powered by WPeMatico https://sifted.eu/articles/monzo-mobile-plans/
Taavet Hinrikus among LPs in new resiliency-focused Norrsken fund Powered by WPeMatico https://sifted.eu/articles/norrsken-evolve-resilience-fund/
2025’s most prolific unicorn backers Powered by WPeMatico https://sifted.eu/articles/2025s-most-prolific-unicorn-backers/
Is AI agent startup N8n really worth more than $2bn? Powered by WPeMatico https://sifted.eu/articles/n8n-valuation/
Hank Green’s Focus Friend app is climbing the App Store charts — and it’s extremely cute If you fail to stay focused, you will make an anthropomorphic bean very sad, because its knitting project depends on your ability to stay on task. Powered by WPeMatico https://techcrunch.com/2025/08/18/hank-greens-focus-friend-app-is-climbing-the-app-store-charts-and-its-extremely-cute/
Substack writers can now direct US readers to (often cheaper) web-based subscriptions on iOS Substack’s iOS app rolls out support for web-based payments, which can save subscribers money. Powered by WPeMatico https://techcrunch.com/2025/08/18/substack-writers-can-now-direct-u-s-readers-to-often-cheaper-web-based-subscriptions-on-ios/