Good news from around Europe
Swiss startup Corintis raises €20 million to target AI bottleneck, and collaborates with Microsoft for chip cooling breakthrough Coming out of stealth mode, Laussane-based semiconductor cooling startup Corintis has today announced that it has raised a €20 million Series A to address the cooling bottleneck faced by computer chips in
Europe’s AI reality check: Without rapid reskilling, startups risk falling behind the US and China By 2030, AI could displace millions of jobs across Europe. Startups that invest in reskilling talent will turn scarcity into strength and define the continent’s next generation of category leaders. The wrong future most Europeans
Light raises €25 million to replace legacy finance systems with AI-native platform Light, an AI-native finance platform out of Copenhagen that processes 280 million records in under a second, today announced €25 million in Series A funding to expand to the US, triple its engineering team, and further build out
British hyperscaler Nscale raises €936 million in milestone for European AI infrastructure Nscale, the London-based hyperscaler engineered for AI, today announced it has raised the largest Series B in UK and European history, at €936 million to challenge established global cloud providers and accelerate European sovereign AI infrastructure deployment. The
Polish-Swedish startup BeeSpeaker raises €2M to turn language learners into confident speakers BeeSpeaker, a Polish-Swedish language learning app, has raised €2 million in seed funding. The round was led by Movens Capital with participation from SpeedUp Venture Capital Group and several international angel investors. The startup shared the news with
Climate tech out, dual-use in at The Drop Powered by WPeMatico https://sifted.eu/articles/climate-tech-out-dual-use-in-at-the-drop/
EV charging startup Waat raises €100m, bucking climate tech downturn Powered by WPeMatico https://sifted.eu/articles/ev-charging-scaleup-waat-100m-fundraise/
Period tracking app Flo and Google to pay $56m in privacy case Powered by WPeMatico https://sifted.eu/articles/flo-health-56m-privacy-case/
Luxembourg Venture Days returns this October Powered by WPeMatico https://sifted.eu/articles/luxembourg-venture-days-brnd/
UK AI data centre startup Nscale raises $1.1bn round backed by Nvidia and Nokia Powered by WPeMatico https://sifted.eu/articles/uk-ai-startup-nscale-raises-1-1bn/