Good news from around Europe
Barcelona-based AI robotics outfit Theker raises $85M Barcelona-based AI robotics startup Theker has raised what it says is the largest robotics Series A round ever in Europe. The $85 million round in Theker was led by US VC CRV, with other investors including Samsung, LVMH, Cathay Innovation, 20VC and Henkel Ventures. Existing investors Inditex and
European tech funding rebounds to €10.5B in May as mega-rounds power market recovery Despite a decline in deal activity, May saw a significant increase in capital invested across European tech compared to April. A total of 258 funding deals were announced in May, down from 290 in April, representing an
Enera raises $2M to improve the EV charging experience Enera, an AI-powered driver experience platform for electric vehicle charging, has raised $2 million in funding. The round was led by Lakehouse Ventures, marking the firm’s first investment outside the US, with participation from Divergent Capital, Masia and a group of
OurMind lands €2.1M to help reduce healthcare workloads Dutch healthtech startup OurMind has raised €2.1 million in funding to expand its AI platform for healthcare providers as demand from hospitals continues to grow. The round was led by 4impact capital, with additional participation from a group of general practitioners and
Cloud: 10 companies that raised the most in 2025 Funding activity among European cloud companies in 2025 was characterised by a small number of large transactions alongside a broader range of early- and growth-stage rounds. The largest deals accounted for a significant share of the total capital raised, reflecting the
Companies with the largest AI investments spend up to $7,500 per employee Companies that most actively implement artificial intelligence spend an average of $7,500 per month on it. This is reported by TechCrunch. At the same time, these expenses are still lower than the average salary of a software engineer.
Xbox prepares layoffs and a strategy review amid falling revenues Microsoft’s gaming division Xbox plans staff cuts as early as July. New Xbox CEO Asha Sharma also intends to cut marketing budgets and reassess the business strategy. Bloomberg reports. The outlet writes that the company is trying to address problems
What is the AB3.Tech platform and why does the Third Army Corps need it? Quick interview On June 2, the defense technology platform AB3.Tech was headed by former combat medic of the Third Separate Assault Brigade, Viktoriia Honcharuk. She then announced the launch of the AB3.Tech cluster — a new
Warner Music Group acquired AI startup Sureel AI for copyright control Warner Music Group is acquiring the startup Sureel AI, which specializes in content attribution technologies. This was reported by TecnCrunch. The company plans to use its solution to track the use of its artists’ works and songwriters’ compositions in
Newton Venture Program CEO Anu Adebajo on Europe’s ‘zombie funds’ Powered by WPeMatico https://sifted.eu/articles/anu-adebajo-podcast