Good news from around Europe
Nscale secures $790M financing to underscore commitment to Norway data centre Nscale, the UK AI infrastructure startup backed by Nvidia, has secured a fresh $790m in debt financing geared towards the development of an AI data centre in Norway, where OpenAI had planned to house its ambitious Stargate Norway project.
Algorithmiq moves global HQ to Milan and raises €18M in Italy’s largest quantum VC round Quantum software company Algorithmiq has established Milan as its global headquarters, signalling its confidence and commitment to Italy and Europe as the future hub for leadership in the industrialisation of quantum algorithms. Algorithmiq has raised
Lunar co-founder exits CEO role after 11 years The co-founder of Danish digital bank Lunar is stepping down as CEO after more than ten years and is being replaced by a former Danske Bank and Saxo Bank executive. Ken Villum Klausen, Lunar co-founder and CEO, who has led Lunar since its
From outsourcing to AI-native delivery: Poland’s software evolution Poland has long been known as one of Europe’s strongest software development and IT outsourcing hubs, supplying engineering talent and enterprise delivery capabilities to companies across Western Europe and the US. While countries like Germany focused more heavily on fintech or SaaS
Grand Games raises $70M Series B to scale hybrid casual mobile games Grand Games, a mobile gaming company focused on hybrid casual titles, has raised $70 million in a Series B funding round, bringing the company’s total funding to $103 million. The round was led by Balderton Capital through its
SPACs and megarounds: What’s going on in European quantum? Powered by WPeMatico https://sifted.eu/articles/europe-quantum-computing-record-megarounds
How UK investment can transform European scaleups Powered by WPeMatico https://sifted.eu/articles/how-uk-investment-can-transform-european-scaleups-brnd
The hottest cities for robotics deals in Europe Powered by WPeMatico https://sifted.eu/articles/the-hottest-cities-for-robotics-deals-in-europe
What 2,800 funding rounds reveal about how startups spend money Powered by WPeMatico https://sifted.eu/articles/funding-round-spending-startups-series-early-late
Legal AI? Apparently, it’s over. Hello, ‘Agentic Law’ Powered by WPeMatico https://sifted.eu/articles/legora-legal-ai-anthropic-agentic