Good news from around Europe
Lightspeed leads $23M investment in AI startup for accounting departments Stacks A London-headquartered AI startup targeting accountancy departments, set up by a former Uber and Plaid executive, has raised $23 million in a Series A round, led by new investor Lightspeed. The Series A in Stacks also includes returning investors EQT
Giggle raises funding to expand flexible staffing platform Budapest-based Giggle, a staffing platform connecting blue-collar workers with shift-based roles, has raised an undisclosed funding round to support its expansion into the Romanian market. The round was led by OXO Labs, part of O3 Partners and the family fund of Romania’s
Scopely takes majority stake in Pixel Flow! at $1B valuation Scopely, one of the world’s leading mobile gaming companies, has reached a definitive agreement to acquire a majority stake in the Istanbul-based studio behind Pixel Flow!, marking a new unicorn success story from Türkiye. Financial terms were not disclosed, but
Can Everdye clean up one of fashion’s dirtiest processes? Behind every brightly coloured garment lies a largely invisible cost. Dyeing synthetic fibres can account for up to 60 per cent of the total energy used in textile production, while the global dyeing industry is responsible for nearly 20 per cent
TrueLayer lands eBay “strategic investment” eBay has made a “strategic investment” in UK open banking fintech TrueLayer, the UK fintech announced today. eBay has made the investment through its VC arm, eBay Ventures, joining existing TrueLayer investors Stripe, Tiger Global, Tencent and Temasek. TrueLayer did not provide details about the size
German AI infrastructure startup Cognee lands €7.5 million to scale enterprise-grade memory technology Cognee, a Berlin-based AI infrastructure company, today announced a €7.5 million funding round to accelerate the development of its structured memory layer for AI systems and agents. The round was led by Pebblebed, with participation from 42CAP
Enterprise finance platform Stacks raises €19 million to streamline reporting and month-end workflows Stacks, a British agentic platform for enterprise finance, has raised a €19 million ($23 million) Series A – introducing their new reporting and analysis suite, at the core of which sits their new offering; AI Flux Analysis.
Stockholm-based Agaton secures €8.4 million to turn customer conversations into revenue insights Emerging from stealth, Agaton, a Swedish agentic AI platform identifying and actioning sales opportunities based on customer conversations, today announced it has raised €8.4 million ($10 million) in total Seed funding. The Seed round was co-led by Inception
“From Germany, for the world” – Plato secures €12.2 million to automate sales and ERP workflows in distribution Berlin’s Plato, an AI-based operating system for wholesale distributors, today announced the successful closing of its €12.2 million ($14.5 million) Seed funding round in order to transform the €2.5 trillion ($3 trillion)
Why European startups are sleepwalking into a talent crisis European tech has a hiring problem that nobody wants to talk about. While founders obsess over landing senior engineers and AI specialists, they are quietly abandoning the pipeline that produces them. The numbers are stark. According to Ravio’s 2025 Tech Job