Good news from around Europe
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
Ukraine will be the first user of Quantum Systems’ Vector AI drones for artillery detection The German company Quantum Systems has transferred Vector AI reconnaissance drones to Ukraine. This was announced on LinkedIn by Florian Seibel, co-founder and CEO of Quantum Systems. Ukraine became the first user of a model
Lithuanian deeptech GREÏ raises €650K in pre-seed funding to expand AI-powered platform for operational intelligence 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 funding round was
$200M for Periodic Labs: Former Open AI and Deepmind team raises funds to discover new materials Venture capital fund Andreessen Horowitz will lead a $200 million investment round in Periodic Labs, a startup that uses artificial intelligence to research and discover new materials. This was reported by Bloomberg, citing its
Microsoft is closing Lens. The popular document scanner is being sacrificed to artificial intelligence Microsoft has decided to gradually shut down the Lens mobile app, which allowed users to quickly scan documents, business cards, receipts, and other materials. The company is encouraging users to switch to Copilot, although experts note