Good news from around Europe
As it preps Specs for the masses, Snap’s Q4 shows revenue growth but fewer daily users The company is engaged in a strategy to diversify its revenue sources as it heads into the new year. Powered by WPeMatico https://techcrunch.com/2026/02/04/as-it-preps-specs-for-the-masses-snaps-q4-shows-revenue-growth-but-fewer-daily-users/
Mundi Ventures closes on €750M for Kembara, its largest deep tech and climate fund Spain-based deeptech and climate megafund Kembara has just completed a €750 million first close toward its €1 billion target. Powered by WPeMatico https://techcrunch.com/2026/02/04/mundi-ventures-closes-on-e750m-for-kembara-its-largest-deep-tech-and-climate-fund/
Stripe alumni raise €30M Series A for Duna, backed by Stripe and Adyen execs Having raised a €30 million Series A round led by CapitalG, business identity verification startup Duna is now among the most well-capitalized European startups founded by Stripe alumni. Powered by WPeMatico https://techcrunch.com/2026/02/04/stripe-alumni-raise-e30m-series-a-for-duna-backed-by-stripe-and-adyen-execs/
Alphabet won’t talk about the Google-Apple AI deal, even to investors Alphabet CEO skipped an analyst’s question about Apple on the company’s earnings call. Powered by WPeMatico https://techcrunch.com/2026/02/04/alphabet-wont-talk-about-the-google-apple-ai-deal-even-to-investors/
Stories of capitalisation: Secrets of long-lasting projects Your project is coming to an end, and you want to continue your work, transfer your results to other territories or influence public policy to make the Mediterranean a greener and more resilient place? This is the challenge that many of our projects
French healthtech MyC secures €10M to digitise medical operations for complex worksites MyC, a software platform dedicated to managing employee health in industrial, multi-site, and high-risk environments, announces a €10 million funding round led by Hi Inov. and including IXO and existing investors, Elaia and OSS Ventures- In many high-risk
TaxNova gets backing from a16z’s accelerator and Revolut and Miro operators A London-based startup that automates R&D tax credits for tech companies has emerged out of stealth, with $1m in pre-seed funding, including backing from Andreessen Horowitz’s (a16z’s) accelerator. TaxNova has raised funding from a16z’s accelerator, a16z speedrun, early-stage angel
Kinnevik slashes valuation of stake in Swedish green startup Stegra Swedish VC Kinnevik has written down the value of its stake in Swedish green steel startup Stegra by half, citing the higher anticipated costs of a plant it’s building as it looks to become a major player in Europe’s green industrial transition.
TechBBQ secures €2M grant to boost Denmark’s global startup presence Denmark’s largest startup organisation, TechBBQ, has received a strategic grant of €2 million (DKK 15 million) from the Danish Industry Foundation (Industriens Fond). Since its establishment in 2013, TechBBQ has become one of Northern Europe’s leading platforms for technology, innovation,
$26M funding round backs Veremark’s international expansion and service rollout London-based Veremark has raised $26 million in Series B funding, led by Gresham House Ventures, with participation from existing investors Samaipata, ACF Investors, and Stage 2 Capital, alongside a multi-million dollar debt facility from Salica Partners. Founded in 2020, Veremark