Good news from around Europe
Bumble’s paying users are slipping as it bets on an overhaul later this year The company is making a big bet that the swiping model is outdated and most matches never turn into actual dates. The company wants to fix that by redesigning profiles, changing how people interact, and focusing
Altara secures $7M to bridge the data gap that’s slowing down physical sciences Altara’s AI aims to diagnose failures and help speed up R&D by unifying data siloed across spreadsheets and legacy systems. Powered by WPeMatico https://techcrunch.com/2026/05/05/altara-secures-7m-to-bridge-the-data-gap-thats-slowing-down-physical-sciences/
Lucid Motors doesn’t know how many EVs it will build this year Lucid Motors pulled its guidance for the year, as it navigates swelling inventory and a companywide cost-cutting measure. Powered by WPeMatico https://techcrunch.com/2026/05/05/lucid-motors-doesnt-know-how-many-evs-it-will-build-this-year/
Quantum Machines acquires QHarbor and opens Delft office to deepen European quantum footprint Quantum Machines (QM), a provider of hybrid quantum-classical control solutions, today announced the acquisition of Dutch company QHarbor and the opening of a new office in Delft, the Netherlands. The move establishes a local base in one
EnteroBiotix secures £19M to support IBS microbiome clinical trial Glasgow-based life sciences company EnteroBiotix has secured £19 million in funding to support the advancement of its microbiome-based therapies, including a large-scale clinical trial targeting irritable bowel syndrome (IBS). The round was led by Thairm Bio and the Scottish National Investment Bank,
Nabu raises €3M to scale digital customs in Europe France-based Nabu has raised €3 million in funding to accelerate its expansion across Europe and strengthen its position in digital customs clearance. The round includes participation from Getlink, alongside existing investors such as Maersk Growth, which continues to support the company
A-Cube lands €4M to accelerate global expansion Italian regtech company A-Cube has secured €4 million in funding to expand its platform for automated digital tax compliance across international markets. The round was led by P101 SGR, with participation from Sella DirectVentures. Founded in 2018, A-Cube develops an API-first platform that
Mobility Signage secures €1.8M to unify public transport IT Munich-based startup Mobility Signage has raised €1.8 million in a pre-seed funding round to advance its digital infrastructure platform for public transport. The round was led by High-Tech Gründerfonds, with participation from 2bX. Founded in 2023, Mobility Signage addresses a growing
Geothermal startup Fervo Energy to raise up to $1.3B in IPO Enhanced geothermal startup Fervo Energy’s IPO could value the company at up to $6.5 billion. Powered by WPeMatico https://techcrunch.com/2026/05/04/geothermal-startup-fervo-energy-to-raise-up-to-1-3b-in-ipo/
US government warns of severe CopyFail bug affecting major versions of Linux U.S. cybersecurity agency CISA says the CopyFail bug is being actively used in hacking campaigns, and poses a major risk to servers and data centers that rely on Linux. Powered by WPeMatico https://techcrunch.com/2026/05/04/u-s-government-warns-of-severe-copyfail-bug-affecting-major-versions-of-linux/