Good news from around Europe
Edmund secures €2.5M to bring AI-driven troubleshooting to the factory floor Edmund, a Czech startup developing an AI-powered debugging platform for industrial maintenance, has raised €2.5 million in funding led by FORWARD.one, with participation from University2Ventures and Tensor Ventures. Check out an earlier Tech.eu interview with Jakub Szlaur, CEO and
Qoro closes $750K to bridge quantum and classical computing London-based Qoro Quantum has secured $750,000 in a pre-seed funding round to develop software infrastructure for hybrid quantum-classical computing. The round includes backing from Ada Ventures, Superangels Venture Fund, and the Polsky Center for Entrepreneurship and Innovation. Founded in 2024, Qoro
TeiaCare raises €7M to accelerate growth and internationalisation Italian-based TeiaCare has raised €7 million in a funding round led by P101 SGR. The round also included participation from existing shareholders and new healthcare-focused investors, including Spanish family offices Namarel and Inderhabs. Founded in 2018 by Guido Magrin and Luca Iozzia,
OpenAI hits pause on flagship UK data centre scheme OpenAI’s plans to bring its flagship $500bn AI data centre project to the UK have been put on hold, with the ChatGPT developer citing energy costs and regulatory issues as factors which have halted its plans. OpenAI announced plans to bring
Sybol raises €1M+ to advance its corporate digital identity wallet Spanish startup Sybol, which focuses on corporate digital identity and verifiable credentials, has raised over €1 million in a funding round that combines public and private investment. The round is backed by the Spanish Society for Technological Transformation (SETT), alongside
OpenAI pauses Stargate UK in blow to Nscale and government Powered by WPeMatico https://sifted.eu/articles/openai-stargate-uk-pause-nscale
AI is rewriting the rules of European entrepreneurship Powered by WPeMatico https://sifted.eu/articles/ai-european-entrepreneurship-brnd
Revolut rolls out AI assistant as part of product expansion push Powered by WPeMatico https://sifted.eu/articles/revolut-ai-assistant
Here’s how you can secure access to the UK’s most powerful supercomputer Powered by WPeMatico https://sifted.eu/articles/isambard-uk-supercomputer
Florida AG to probe OpenAI, alleging possible connection to FSU shooting Florida Attorney General James Uthmeier plans to investigate OpenAI for its alleged harm to minors, potential to threaten national security, and its possible link to a shooting at Florida State University last year. Powered by WPeMatico https://techcrunch.com/2026/04/09/florida-ag-to-probe-openai-alleging-possible-connection-to-fsu-shooting/