Good news from around Europe
Nebius sees revenue leap, hit by data centre delays European AI infrastructure company Nebius today reported a surge in quarterly revenues to $981m but said some of its co-location data centre sites powering AI had been hit by delays. The so-called neocloud also said it had seen a rise in
WeRoad acquires Swiss TravelTribe as it targets €70M in M&A-driven growth Traveltech company WeRoad has acquired the Swiss travel brand and community TravelTribe. Founded in 2017, WeRoad has helped more than 300,000 travellers explore over 1,000 itineraries through its network of 4,000+ Coordinators. Around 60 per cent of customers rebook
EIC Scaling Club companies raise €4B, outpacing European deeptech peers European deeptech scaleups have raised more than €4 billion since joining the EIC Scaling Club, an EIC-funded initiative supporting promising European deeptech companies. According to a new report, their funding has grown 2.3 times faster than that of comparable businesses,
SoftBank leads $500M funding round in Agile Robots SoftBank has led a $500m funding round in German humanoid robotics startup Agile Robots that automates industrial work. The Japanese multinational led the Series F funding round, which also features Nvidia, Hitachi, and T Capital and valued Agile at $8.5bn. Agile has
European tech startups raise €6B in October as healthtech leads investment European tech funding slowed considerably in October following a strong September. Companies raised €6 billion across 288 funding deals, compared with €15.8 billion across 300 deals in September. This represents a decline of around 62 per cent in funding
A wave of acquisitions: European startups go shopping for AI, travel communities and last-mile delivery Europe’s startup ecosystem has been busy with more than funding rounds today. A fresh wave of acquisitions has brought together companies across travel, Ai, mobility and logistics, with European startups and scale-ups appearing on both
INMerge Innovation Summit welcomes speakers and startups to Baku (Sponsored) The INMerge Innovation Summit is set to return to Baku on 30 November – 1 December, 2026, bringing together some of the world’s most influential figures in technology, business, entrepreneurship and innovation. Hosted at the Baku Convention Center, the summit
Can AI predict which cancer drugs will actually work? Orakl Oncology raises €30 million to find out Orakl Oncology, a French TechBio company using AI and real patient biology to predict how cancer drugs will perform in clinical trials, today announced a €30 million ($34 million) Series A. The round
Stripe urges EU Inc. to cut red tape as 73% of European tech leaders report rising compliance demands Stripe, the Dublin- and San Francisco-headquartered FinTech company, has published new research highlighting the regulatory challenges facing European startups, calling on EU policymakers to ensure that the proposed EU Inc. framework delivers
Munich-based SE3 secures €27.04 million to bring spatial intelligence to Europe’s autonomous defence systems SE3, a Munich-based spatial intelligence provider for autonomous systems, today announced that it has raised €27.04 million ($30 million) in Series A funding. The round was led by Accel, with participation from Keen, Lakestar, and Seedcamp.