Good news from around Europe
Italian mobility startup Wayla zips past €1 million in funding in under 30 hours Wayla, a Milan-based mobility startup and Italy’s first urban van pooling service, has smashed through its €1 million crowdfunding goal on Mamacrowd in less than 30 hours after going public. Backers include travel company Carrani Tours,
Rome’s Renewcast secures €1 million for its renewable energy forecasting tech Renewcast, an Italian AI-powered renewable energy forecasting company, has secured a €1 million SAFE (Simple Agreement for Future Equity) investment from 2C Ventures Fund I, marking a strategic extension of its 2024 SAFE round. This new funding will accelerate
Italian SpaceTech startup Astradyne just raised €2 million for its ultralight solar panels designed for space Bari-based SpaceTech company Astradyne has closed a €2 million Seed investment round to accelerate the development of Solar-Z, its ultralight solar panel designed for space applications. The round was led by Primo Capital through
Swiss drone startup Flybotix secures nearly €8.5 million to reduce risk in confined space inspections Lausanne-based Flybotix, a robotics company specialising in drone-based solutions for the inspection of confined-space of industrial and civilian assets, announced that it has raised almost €8.5 million in a Series A extension round. The financing
Save the date: Register for the Innovation Radar Prize 2025 in Lisbon, Nov 10th Calling all EU-funded AI, hardware & robotics, and climate tech startups! Lisbon is calling – and so are Europe’s most influential investors, corporates, and policymakers. The Innovation Radar Prize 2025 is your chance to step into
Ukraine launches the first state-run online platform for AI The Ministry of Digital Transformation has announced the launch of the first state-run online platform dedicated to artificial intelligence. This was reported by the Ministry of Digital Transformation. The platform brings together key information on the development and use of AI
Finnish DataCrunch raises $64M to expand AI cloud infrastructure and build Europe’s first AI-powered hyperscaler DataCrunch, a Helsinki-based provider of high-performance AI infrastructure, has raised a $64 million Series A funding round to expand its computing platform and further its goal of becoming Europe’s first AI-powered cloud hyperscaler. This round
The European Commission has fined Google €2.95B for abuse in online advertising The European Commission has fined Google €2.95 billion for violating EU antitrust rules in the field of advertising technology. This is stated on the European Commission’s website. According to the findings of the investigation, the company systematically favored
Czech Hedepy acquires Polish HearMe to expand corporate mental health services across Europe Hedepy, a Czech company witch offering comprehensive mental health services for both individuals and businesses, has acquired HearMe, a Polish platform focused on workplace mental health support. Hedepy plans to leverage its strong position to consolidate the
‘Huge work to do to become credible’: Tech groups question Reform party conference focus Powered by WPeMatico https://sifted.eu/articles/tech-groups-question-reform-party-conference-focus/