Good news from around Europe
Vangrid raises $9M seed to build a decentralised spatial intelligence network for the Physical AI era Vangrid, a Dutch startup developing a decentralised spatial intelligence network to be deployed on smartphones, has raised $9 million in seed funding. Vangrid’s goal is to make high-fidelity spatial data accessible at the scale
The UK’s top-funded tech companies in H1 2026 According to Tech.eu’s H1 2026 report, the UK remained Europe’s largest technology funding market in the first half of 2026, raising €18.7 billion across 423 deals. Capital was concentrated in a limited number of large transactions, with cloud (€5.9 billion), artificial intelligence
Mobilise launches investment arm to scale telecom software companies through strategic partnerships Telecom software provider Mobilise has launched Mobilise Platforms & Investments, a new division created to help specialist telecom technology businesses scale by combining strategic investment, telecom expertise and shared technology. The division will focus on businesses operating across
Meet the photonics scaleups building tomorrow’s critical technologies From faster internet and more secure satellite communications to next-generation semiconductors, quantum technologies and energy-generating greenhouses, photonics is becoming one of Europe’s most strategically important deep tech sectors. Europe is home to a new generation of photonics scaleups translating decades of scientific
New York-headquartered AI startup Modal Labs to open London office US AI infrastructure startup Modal Labs is opening a London office, marking the latest North American AI firm to invest in bricks and mortar in London or up their presence in the capital. New York–headquartered Modal provides computing infrastructure for AI workloads, with
Belgian AI dental startup Relu lands €1.51 million to accelerate US expansion Relu, a Leuven-based AI startup helping dental labs scale production through automated dental design and planning workflows, has announced a €1.51 million ($1.75 million) strategic investment from Dental Innovation Alliance (DIA). DIA is a North Carolina-based venture capital
Inevitable AI Group raises €5.2 million from Aleph to launch AI-native SaaS companies Inevitable AI Group (IAIG), an AI-native venture studio founded by veteran technology entrepreneurs, today announced a €5.2 million ($6 million) pre-seed funding round led by Aleph. The company is building and launching dozens of AI-native software businesses
The chink in Europe’s innovation armour Europe’s strength arguably has been, and still is, innovation. However, there are other contenders on the block, and their ability to commercialise that research is attracting European-bred talent to different shores. Europe spent €403 billion on research and development in 2024. It employed 2.21
Finland’s SeeTrue Technologies raises €2.2 million to commercialise low-power eye-sensing architecture SeeTrue Technologies, a Joensuu-based DeepTech company focused on next-generation eye-tracking technology, has closed a €2.2 million financing round to accelerate the commercialisation of its ultra-low-power eye-sensing architecture. The round was led by ZEISS Ventures, with participation from Superhero Capital,
Crawley-based Naked Energy secures €10.35 million to build UK solar-thermal technology manufacturing facility Naked Energy, a Crawley-based renewable-heat technology company, has secured an €10.35 million (£8.875 million) investment to fund a new UK manufacturing facility, creating up to 140 jobs and new export opportunities. The investment was led by publicly-owned