Good news from around Europe
EIC Scaling Club companies double peer funding growth with 66% increase A recent report reveals that in the past 14-20 months, EIC Scaling Club members have achieved an average funding growth of 66.66 per cent. That is more than double the control group, which saw just 26 per cent growth
Legaltech Legora raises $550M Series D at $5.55B valuation to accelerate US expansion Legora, the collaborative AI platform for lawyers, today announced it has raised $550 million at a $5.55 billion valuation in a Series D funding round to accelerate its expansion across the United States. The round was led
Avvoka secures £14M to expand AI drafting tools for law firms UK-based legaltech platform Avvoka has secured £14 million in growth funding in a round led by Valhalla Ventures, founded by Mark and Lindy O’Hare. Avvoka develops AI-powered drafting infrastructure for law firms, helping legal teams convert legal documents into
Watson grows up: IBM’s AI platform strategy comes of age There was a time when Watson felt like a quiz show champion in search of a business model. When IBM’s AI first dazzled the world on Jeopardy! back in 2011, it became shorthand for machine intelligence itself. Fast forward to
Hosel raises £500K pre-seed to create the “Vinted for golf” Golf tech startup Hosel is aiming to take a swing at a global second-hand club, equipment, and accessory market valued at $3 billion. Ascension VC has led a pre-seed £500,000 investment round, with a further institutional round and US expansion
Targeting water innovation, Swiss VC Emerald Technology Ventures hits €100 million for Global Water Fund II Emerald Technology Ventures, a Zurich-based VC firm with two decades of water-sector leadership, announced reaching the €100 million milestone for its Global Water Fund II in order to invest in startups innovating in the
British startup Outpost raises €15 million to build liability-free cross-border commerce platform London-based Outpost, an AI-powered platform that enables merchants to sell worldwide with “zero liability“, today announced it has raised €15 million ($17.5 million) in Series A funding to accelerate product development, expand jurisdictional coverage, and increase headcount to
Beyond LLMs: AI pioneer Yann LeCun’s new venture AMI raises €890 million to build “world model” AI systems Advanced Machine Intelligence (AMI), a new Paris-based startup founded by the former Chief AI Scientist at Meta and co-recipient of the 2018 ACM A.M. Turing Award, Yann LeCun, has raised nearly €890
From AI features to AI workers: The 2026 enterprise shift Despite talk of an ‘AI bubble’ happening on the sidelines, enterprises are heading into 2026 with more investment earmarked for AI. According to Boston Consulting Group’s annual AI Radar, corporations expect to double their AI spending this year, from 0.8%
Inspired by the Cyphochilus beetle, Seprify raises €13.4 million to develop cellulose-based industrial ingredients Seprify, a Fribourg-based biomaterials company developing high-performance cellulose-based ingredients for industrial applications, today announced that it has raised €13.4 million (CHF 12.25 million) in Series A funding. Supported by this funding, the company has also announced