Good news from around Europe
UK to develop AI hardware plan The UK government will develop an AI hardware plan, the Technology Secretary announced today, just days after US AI giant OpenAI paused a major UK data centre project. The announcement of the plan emerged today as Liz Kendall said that AI sovereignty was not
Freepik rebrands as Magnific, unifying its AI creative stack as enterprise and “no-collar” growth accelerates Freepik today announced its relaunch as Magnific, a new identity that confirms its transformation into the world’s most comprehensive AI creative platform, set against the backdrop of a new creative industry in full bloom. Magnific
AI partner for financial advisers Marloo closes $10M seed round London-based Marloo, an AI partner for financial advisers, has raised $10 million in a seed funding round led by Blackbird Ventures, which also participated in the company’s earlier pre-seed round. The latest investment brings Marloo’s total funding to $12.7 million
Revolut to open store in Barcelona, marking first move into physical retail Revolut is to open a retail store in Barcelona, marking its first move into retail bricks and mortar. Called Revolut Store, it will be located in the heart of Barcelona and has been likened to the Apple retail store in terms
Neutonic secures $6M at $60M valuation to grow retail and new markets Functional drinks and supplements brand Neutonic has raised $6 million in funding at a $60 million valuation to support its global expansion across the UK, US, and additional international markets. The round includes backing from investors such as
E-bike startup Forest secures £40m Series B funding round Powered by WPeMatico https://sifted.eu/articles/e-bike-startup-forest-secures-40m-series-b-funding-round
Redpine Raises €6.8m to give AI agents access to non-public data Powered by WPeMatico https://sifted.eu/articles/redpine-raises-e6-8m-to-give-ai-agents-access-to-non-public-data
Europe’s startups should stop chasing grants Powered by WPeMatico https://sifted.eu/articles/europes-startups-should-stop-chasing-grants
Zopa looks to make app ‘redundant’ with agentic banking push Powered by WPeMatico https://sifted.eu/articles/zopa-agentic-banking-push
Voi founder backs app store-dodging startup Zellify in €3.1m seed round Powered by WPeMatico https://sifted.eu/articles/zellify-funding-round-seed-project-europe