Good news from around Europe
Trump’s DOJ gains oversight of OpenAI’s green-card employee sponsorships The DOJ alleged that OpenAI did not meaningful attempt to hire U.S. citizens before seeking permanent residence for Visa-holding employees. Powered by WPeMatico https://techcrunch.com/2026/08/05/trumps-doj-gains-oversight-of-openais-green-card-employee-sponsorships/
Thousands of SMEs tap into MSCA funding [Sponsored] More than 2,000 small and medium-sized enterprises (SMEs) have participated in projects funded by the EU’s Marie Skłodowska-Curie Actions (MSCA) over the past five years, giving companies access to international research networks and highly skilled researchers. In the last 30 years, the MSCA
HappyRobot lands $150M Series C to scale agentic AI for enterprise operations HappyRobot, a company developing agentic AI for supply chains has raised $150 million in Series C funding led by Prysm Capital and co-led by Eurazeo. Existing investors a16z, Base10, Y Combinator are doubling down with participation from strategics
AEM secures £16M to accelerate rare earth-free electric motor innovation Advanced Electric Machines Group (AEM), a UK-based manufacturer of rare earth and magnet-free electric motors, has secured £16 million of funding to support the expansion of its product portfolio and accelerate development of new electric propulsion solutions. Its technology is
Monava closes funding round as demand for passive drone detection grows Swedish-Finnish defencetech Monava, which specialises in acoustic drone detection, has closed an investment round with Gungnir Capital as the largest investor, together with Foundry Ventures and Hede Capital. Monava combines advanced acoustics with AI to detect, track and classify
10x Banking banks £40M in debt and equity raise The UK fintech founded by a former Barclays bank CEO, which provides banking technology for JP Morgan’s UK digital bank, has secured £40m in new funding. 10x Banking, founded by former Barclays CEO Antony Jenkins, provides core, cloud banking software for
Zürich-based Exclaim Robotics exits stealth with €4.29 million to build robots for AI data centre maintenance Exclaim Robotics, a Zürich-based startup building robots to maintain AI data centres, has exited stealth mode with a €4.29 million ($4.95 million) pre-Seed round co-led by Founderful and Playfair. The company is building autonomous
€40K investment and investor know-how: AceON Accelerator opens applications for its 6th international program (Sponsored) After five successful programmes, AceON Accelerator has already supported more than 100 startups from over 20 countries, helping founders transform early-stage ideas into companies ready for growth. As a private, sector-agnostic accelerator established by international
Female-founded AI LegalTech startup Aavalynx raises €1.75 million to bring “death to disputes” Aavalynx, an AI-powered intelligence platform for dispute resolution cases, has raised €1.75 million (£1.5 million) in pre-Seed funding to help enterprises tackle the financial risk of legal disputes. The round was led by Omega Ventures, with participation
Paris-based Shiplog raises over €807.6K to build agentic customer intelligence for personalisation at scale Shiplog, a Paris-based startup building agentic customer intelligence for personalisation at scale, has raised over €807.6k ($930k) in pre-Seed funding to build what it believes will become the intelligence layer behind every customer interaction on the