Good news from around Europe
SoftBank doubled its profits to $16B thanks to OpenAI’s growth. The company is preparing to invest in AI Japanese tech giant SoftBank Group reported a sharp increase in profits in the second quarter of fiscal year 2025, reaching ¥2.5 trillion ($16.6 billion), more than double last year’s figures. This was
Toloka.vc invests in ALICE Technologies, a US startup from Silicon Valley Ukrainian investment syndicate Toloka.vc has invested in ALICE Technologies, a Silicon Valley startup. This is the company’s eighth deal in 2025. The company announced this to AIN. ALICE Technologies is creating a generative platform for planning construction projects using
Lithuanian digital health startup Self.co raises €2.56M to advance allergy and food intolerance testing technology Self.co, a Vilnius-based digital health company helping people better understand and manage allergies and food intolerances, has raised €2.56 million in a combined grant and venture funding round. The company shared the news with AIN.
Plural moves parent company from UK to Estonia Powered by WPeMatico https://sifted.eu/articles/plural-moves-parent-company/
NATO Innovation Fund hires new partner from BP Ventures Powered by WPeMatico https://sifted.eu/articles/nato-innovation-fund-erin-hallock/
Japan’s biggest bank wants Europe’s scaleups Powered by WPeMatico https://sifted.eu/articles/mufg-interview/
H&M-backed Syre targets $700m raise after Nike deal Powered by WPeMatico https://sifted.eu/articles/syre-700m-nike-deal/
Unconventional Ventures reaches €50m first close of second fund Powered by WPeMatico https://sifted.eu/articles/unconventional-ventures-first-close-of-second-fund/
Red Bull Racing’s secret weapon? An engineer who treats workflows like lap times Lauren Mekies spent much of his career in the engineering trenches. His approach to winning reflects that technical background, too. Powered by WPeMatico https://techcrunch.com/2025/11/11/red-bull-racings-secret-weapon-an-engineer-who-treats-workflows-like-lap-times/
SoftBank’s Nvidia sale rattles market, raises questions Wall Street can’t help but wonder: does Son see something right now that others do not? Powered by WPeMatico https://techcrunch.com/2025/11/11/softbanks-nvidia-sale-rattles-market-raises-questions/