Good news from around Europe
Nvidia confirms $12.93BN purchase of Hugging Face Nvidia has today confirmed its acquisition of open-source AI model repository Hugging Face for $12.93bn, as it makes a big bet on open-source AI models and continues to plough billions into the broader AI ecosystem. Nvidia CEO Jensen Huang said Nvidia would look to scale Hugging Face’s
Atira raises $17.5M to bring AI orchestration to industrial sales Munich-based AI company Atira has raised $15 million in seed funding to expand its platform for automating industrial sales engineering. The round was led by Accel, with participation from UVC, Fortino, Booom and industry investors including Ann-Kristin Achleitner, Marc Bitzer,
The Netherlands’ top-funded tech companies in H1 2026 Dutch tech companies raised approximately €1.9 billion in H1 2026, with funding concentrated among the largest deals. The three largest rounds alone accounted for approximately 44 per cent of the total, while six companies raised more than €100 million during the period.
Zeit AI raises €5M to give Europe’s mid-market its own data engineer Zeit AI, a startup developing autonomous data engineering technology, has raised €5 million in funding to expand its platform for mid-sized European companies. Investors in the round include Y Combinator, the University of Oxford’s Seed Fund, the Sequoia
Rightcharge raises £500K to scale fleet EV charging payments across Europe UK EV charging payments startup Rightcharge has raised £500,000 in growth funding to expand across Europe and further develop its platform for managing fleet charging payments. The round was led by existing investor Soulmates Ventures, with participation from BlackWood
Why Legora isn’t building its own model Powered by WPeMatico https://sifted.eu/articles/why-legora-isnt-building-its-own-model/
Revolut clears first hurdle to US banking licence Powered by WPeMatico https://sifted.eu/articles/revolut-us-banking-licence-2/
‘Our companies are becoming excellent at surviving and worse at scaling’: what’s gone wrong with Nordic fintech Powered by WPeMatico https://sifted.eu/articles/nordic-fintech-growth-decline/
VCs rejoice as UK government rules out spinout exit tax Powered by WPeMatico https://sifted.eu/articles/vcs-rejoice-as-uk-government-rules-out-spinout-exit-tax/
Matt Clifford’s move to Anthropic draws criticism: ‘Not cool’ Powered by WPeMatico https://sifted.eu/articles/matt-clifford-anthropic-criticism/