Day: September 18, 2026

Magentic raises $18M to automate industrial operations with AI agents Magentic, a provider of AI-powered digital workers for industrial companies, has raised $18 million in Series A funding, a year after its launch. The round was led by Felicis, with participation from existing investors Sequoia Capital and The Westly Group.

Finland’s top-funded tech companies in H1 2026 Finland’s tech ecosystem attracted around €1.3 billion across 53 funding deals in H1 2026. Investment was heavily concentrated at the top, with space accounting for €900 million, or nearly 69 per cent of the total capital raised. Beyond space, funding reflected Finland’s strength

Swedish fintech Trustly to cut around 200 jobs Swedish fintech Trustly is cutting around 200 jobs, around a quarter of its overall headcount, as it looks to streamline its operations and focus on key areas of the business, it said. Trustly, which is backed by BlackRock and has raised over $400m

Kuva Space takes on illicit crop monitoring with hyperspectral satellites and AI Kuva Space, a Finnish space-technology company developing hyperspectral Earth-observation satellites and AI-powered intelligence solutions, has completed a pilot with a key European security stakeholder demonstrating how hyperspectral satellite data can improve the monitoring of illicit crops at regional

syte raises €9M to automate early-stage real estate planning German real estate technology company syte has raised €9 million in Series A funding to expand its land and property analytics platform. The round was led by amberra, the venture studio of the Cooperative Financial Group Volksbanken Raiffeisenbanken, with NRW.BANK joining

UK FinTech startup Ryft secures €23 million to accelerate European expansion Manchester-based payments company Ryft has secured a €23 million (£20 million) Series B amid broader efforts to promote British tech companies and strengthen sovereign payments infrastructure across Europe. The round was led by Gresham House Ventures, with participation from

Marco Marlia, MotorK co-founder and President, joins the EU-Startups Summit 2027 We’re excited to announce that Marco Marlia, co-founder and President of MotorK, will join us at the EU-Startups Summit 2027, taking place on May 13-14 in sunny Malta! Marco will deliver a keynote titled Weathering the Storm: The right

MeOut Summit 2026: shaping CEE’s innovation ecosystem On 25-26 November Budapest will become a meeting point for founders, investors, corporate innovators, researchers, policymakers and ecosystem builders from Central and Eastern Europe and beyond. MeOut Summit 2026 brings two full days of conversations, practical insights, networking and opportunities to connect with

Leeds-based MicroLub raises €8.7 million to help food makers cut fat without sacrificing taste and texture MicroLub, a Leeds-based DeepTech ingredient solutions company that develops protein-based biolubricant technologies to replace fats and oils in food and personal care products, has completed an €8.7 million ($10 million) funding round.  The round

The EU-Startups Podcast | Interview with Patrick Ryan, co-founder of Odin Join us for a conversation with Patrick Ryan, co-founder of Odin, as we explore the journey that led him from consumer goods and corporate venture capital to launching a platform that’s transforming how investment firms operate. Odin, often described