Good news from around Europe
ElevenLabs’ valuation doubles to $22BN, as completes $300M employee tender offer The valuation of UK hyped AI-audio generator ElevenLabs has doubled to $22bn in less than a year, it said today, as it completed a $300m employee tender offer. ElevenLabs CEO Mati Staniszewski announced the closing of the tender offer on X, along with
Berlin-based Restate raises $20M The team behind a technology that underpins real-time data use in banking has raised $20m in a Series A funding round for a startup, which carries out the plumbing work behind AI agents. The funding round in Berlin-founded Restate was led by European VC Singular, with
AI’s 6 Percent Problem [Sponsored] Nearly 90 percent of companies now use AI in at least one business function, and 44 percent have already scaled it across their organizations. Yet according to McKinsey’s “State of AI in 2026,” only 37 percent report a measurable impact on EBIT. The study, released
Blackswan Space raises €2.5M to take autonomous spacecraft navigation into orbit Lithuania’s Blackswan Space, has successfully closed its second investment round, led by Iron Wolf Capital, raising €2.5 million. Together with the company’s pre-seed round, its total funding now amounts to €3.2 million. Other investors included Lemonade Stand and former
From six engineering students to 10M users: Tryp.com raises €1.9M Traveltech Tryp.com has raised €1.9 million in funding in a round led by Point Capital Partners. Iberis Capital, which led Tryp.com’s previous round, also participated alongside angel investors. The company’s total funding now stands at €5.9 million. Founded in Odense
ElevenLabs doubles valuation to $22bn with tender offer Powered by WPeMatico https://sifted.eu/articles/elevenlabs-doubles-valuation-to-22bn-with-tender-offer/
Smart ring maker Oura delays IPO amid ‘market uncertainty’ Powered by WPeMatico https://sifted.eu/articles/oura-ipo-delay-market-uncertainty/
Exclusive: EU’s €5bn Scaleup Fund can back UK — and even US — companies Powered by WPeMatico https://sifted.eu/articles/scaleup-europe-fund-invest-uk-us-companies/
Legora CEO: UK stock options make London expansion a ‘no-brainer’ — but Sweden is ‘almost impossible’ Powered by WPeMatico https://sifted.eu/articles/legora-uk-stock-options-europe/
H Company cofounder Charles Kantor launches new AI neocloud startup Powered by WPeMatico https://sifted.eu/articles/h-company-cofounder-charles-kantor-new-ai-neocloud-startup/