Good news from around Europe
Scintil Photonics secured $58M to scale integrated photonics for AI factories Grenoble-based Scintil Photonics, a company developing integrated Photonic System-on-Chip (PSoC) solutions for AI infrastructure, has closed a $58 million Series B round. The funding will drive global hiring, accelerate production, and expand its international footprint as it launches the
finmid unlocks single market finance across 30 countries, closing Europe’s €400B SME financing gap Embedded finance provider finmid has expanded its reach to 30 European markets, transforming growth options for over 32 million SMES across the region. finmid has added Bulgaria, Croatia, Estonia, France, Hungary, Ireland, Malta, Romania, Iceland and
Mistral bags €1.7BN funding round as ASML takes significant stake Mistral, the French AI company, has bagged a €1.7bn funding round, more than doubling its valuation to around €11.7bn, in a funding round which sees the Dutch chip equipment firm ASML take a major stake in Mistral as part of
Barcelona-based Remuner raises €5.5 million to turn sales incentives into a growth lever Remuner, a Spanish AI-powered platform for modern sales compensation, has closed a €5.5 million Seed round to expand internationally, invest further in product development – especially in AI-powered capabilities – and strengthen its position as the reference
Copenhagen’s Teto.ai raises €17 million in bid to make healthcare affordable and accessible to all Teton.ai, a Danish predictive intelligence company for modern healthcare, today announced a €17 million Series A fundraise to make healthcare accessible to every part of the care ecosystem. The round was led by Plural, which
French startup Scintil Photonics raises €50 million to scale integrated photonics for AI factories Grenoble-based Scintil Photonics, an innovator in Heterogeneous Integrated Photonics for AI infrastructure, today announced the completion of a €50 million Series B funding round to expand hiring, accelerate production, and deepen its international presence. The round
British startup Fyxer AI bags €25.5 million to free professionals from repetitive admin work London’s Fyxer AI, the creator of the AI-powered executive assistant designed for everyday professionals, today announced a €25.5 million Series B funding round to deliver AI tools that professionals can easily adopt, freeing them from routine
Berlin’s Vireo Ventures closes €50 million Fund to empower European Founders orchestrating an all-electrified world In an era defined by resource scarcity and fragile supply chains, Vireo Ventures, a German early-stage VC firm, is betting on an electric world with the final closing of its Electrification Fund I at €50
Former Google Maps and Siri executives invest in European AI fund for businesses Former Silicon Valley executives have backed a new venture fund, Florent Venture Partners, which plans to raise up to €50 million to invest in AI startups in Northern Europe, Bloomberg reports. The fund will make investments of
UK–Ukrainian defense tech Offset Labs raises €600k in pre-seed funding to advance AI defense technologies Offset Labs, a UK–Ukrainian startup specializing in AI solutions for defense and national security applications, has raised €600,000 in pre-Seed funding to advance NATO-allied defense technologies. The round was led by Archangel, with participation from