Good news from around Europe
Intelligent Core raises £2M for industrial AI for critical industries Intelligent Core, the UK AI-powered company delivering real-time, autonomous intelligence to crucial industrial sectors including energy, oil and gas and manufacturing, has secured £2 million in investment led by Fuel Ventures. This new investment follows on from a £500k funding
New programme fast-tracks European defence innovation with controlled testing in Ukraine European defence startups have gained a formal, legally compliant route into Ukraine for battlefield testing and front-line user feedback. The programme, run by 17Tech.fi in partnership with Ukraine’s defence-innovation ecosystem, provides structured access to real combat environments—speeding up development
Shiftmove acquires Ocean, expanding its European fleet technology footprint Berlin-based Shiftmove has acquired Ocean, the fleet management division of Orange Business in France. This acquisition positions Shiftmove as a significant European fleet technology provider, serving 27,000 corporate customers and managing 730,000 vehicles across the continent with a team of more
Belgium’s Donna secures €4.1 million to scale its AI assistant for field sales teams Ghent-based Donna, the developer of a proactive AI assistant for field sales teams, has today announced €4.1 million ($4.8 million) in new funding to accelerate international expansion. The round is led by Frontline Ventures, with participation
Italy’s Bending Spoons adds Eventbrite to portfolio in €430 million all-cash acquisition Milan-based tech company Bending Spoons is acquiring global event platform Eventbrite in an all-cash transaction valued at approximately €430 million ($500 million). The definitive agreement will see the US-listed Eventbrite become a privately held company, with the deal
New approaches to ALS, Alzheimer’s and Parkinson’s receive support as Axoltis Pharma secures €18 million Axoltis Pharma, a French BioTech company dedicated to developing novel therapeutic solutions for neurodegenerative diseases, today announces the closing of a €18 million ($20.9 million) Series A funding round in order to develop its lead
UCD spin-out Mirror Security secures €2.1 million to advance FHE-based AI security in collaboration with Intel Mirror Security, a research-driven cybersecurity company spun out of University College Dublin, has raised €2.1 million ($2.5 million) in pre-Seed funding to scale its encryption platform for AI Security. The round was led by
London’s Expedition Growth Capital raises €323 million Fund III to back bootstrapped European companies Expedition Growth Capital, a British software-specialist growth equity firm, today announced that it has raised its third fund of €323 million ($375 million), continuing its focus on partnering with European companies without venture capital. The oversubscribed
Samsung has unveiled the Galaxy Z TriFold, a 10-inch tri-fold smartphone priced at $2,440 Samsung has unveiled its first triple-folding smartphone, the Galaxy Z TriFold. This move is a direct response to intensifying competition in the foldable device segment, where Chinese manufacturers have been actively expanding their presence recently. The
Austrian AI startup fonio.ai raises €3M to expand AI call assistant into omnichannel platform fonio.ai, a Vienna-based AI startup provides an AI-powered assistant to automate business calls, has raised a €3 million financing round from 13 selected European angel investors. fonio.ai will use the funding to enhance its AI, expand