Good news from around Europe
IQM raises record $320M Series B to cement Europe’s place in the quantum computing race Today IQM Quantum Computers announced that it has raised $320 million in venture capital, the largest Series B raise ever in the quantum space, both in Europe and outside of the US. It brings the
DeepL launches debut AI agent German AI translation startup DeepL is launching its debut AI agent, as it looks to broaden its offering beyond its core language translation services. The German startup, which is known for its AI text translation and writing tools, is launching an AI agent geared to make life simpler for businesses,
Swedish tech and gaming group Aonic acquires research firm Prime Insights for more than €214 million Aonic, a Stockholm-based group of multiplatform tech and gaming companies, has completed the acquisition of US-based research technology firm Prime Insights for a total transaction value in excess of €214 million. This represents Aonic’s
Spain’s HappyRobot raises €37.7 million to build a digital workforce for the real economy Madrid-based startup HappyRobot announced today they raised €37.7 million in Series B to scale their platform to build & deploy AI workers, bringing the next generation of automation to the backbone of global trade. The round was
Finnish startup IQM Quantum Computers secures €275 million in largest Series B raise ever in the quantum space Espoo-based IQM Quantum Computers, a leader in full-stack superconducting quantum computers, today announced that it has raised €275 Million in venture capital, bringing the total funding raised to date to €515 million.
US-based Beroe acquires London-based startup Forestreet to accelerate AI-first strategy and innovate supplier intelligence Beroe, a US-based leader in procurement decision intelligence, today announced its acquisition of Forestreet, the British innovator in AI-powered supplier discovery – marking its second acquisition in under six months. The move accelerates Beroe’s AI-first strategy
Winklevoss twins join Dutch crypto startup Treasury as it raises €126 million to build Europe’s Bitcoin vault Treasury, a newly launched Bitcoin treasury startup based in Amsterdam, has secured €126 million with the goal of becoming Europe’s largest holder and manager of Bitcoin reserves – having already accumulated over 1,000
The Fourth Law has codified its key products: the TFL-1 module and the autonomous drone Ukraine has officially codified the first Ukrainian FPV drone with the first level of autonomy, Lupynis-10-TFL-1, and the TFL-1 autonomy module. This was announced on social media by Yaroslav Azhnyuk, founder and CEO of The
EIC Scaling Club raises €1.2B for 120 European deep tech scale-ups in 2025 The EIC Scaling Club’s 120 European deep tech scaleups have collectively raised over €1.2 billion in funding within the scope of the program. The Club’s purpose is to support its members’ growth over the course of the
$13B for AI security development. Anthropic raised funding and increased its valuation to $183B American AI company Anthropic announced the closing of a $13 billion Series F funding round. ICONIQ was the lead investor, with Fidelity Management & Research Company and Lightspeed Venture Partners as co-leads. Following the deal, the