Good news from around Europe
EU says tech sovereignty package about “protecting citizens” .The European Union today unveiled its plan to reduce its reliance on US and overseas tech providers to power its economy, saying its proposals were about “making our own choices”. Dubbed the “European Technological Sovereignty Package”, the proposals, unveiled by the European
Vivilo raises €628K pre-seed round for AI-powered event content Italian startup Vivilo (formerly known as Jubatus) has raised €628,000 in a pre-seed funding round to support the next phase of its growth. The round attracted a group of Italian investors, including entrepreneurs, executives, engineers, lawyers and technology professionals. Founded by
“Speed“ reason CoreWeave leasing data centre space in UK, says European boss An executive who runs the international business of a US cloud company central to the UK’s AI plans says it’s leasing data centre space in the UK rather than building data centres so as to bring compute to
Molfar raises €1.5M to bring tactical anti-drone radar systems closer to the frontline Molfar Defence Technologies, a Polish-Ukrainian defence tech company developing tactical radar systems for the detection of small unmanned aerial systems (UAVs), today announced the close of the first tranche of its €2 million funding round. Front Ventures,
Factorial raises $150m Series D backed by General Catalyst and Atomico Powered by WPeMatico https://sifted.eu/articles/factorial-raise-general-catalyst-atomico-series-d
Wordsmith lands $70m Series B to turbocharge legal work with AI Powered by WPeMatico https://sifted.eu/articles/wordsmith-ai-legal-tech-raise-index-ventures-highland
Quantum startup Quobly raises €115m backed by STMicroelectronics Powered by WPeMatico https://sifted.eu/articles/quobly-series-a-115m
Europe is at risk of sleepwalking into AI armageddon Powered by WPeMatico https://sifted.eu/articles/europe-ai-armageddon
EQT: European tech’s new kingmaker? Powered by WPeMatico https://sifted.eu/articles/eqt-scaleup-europe-fund-kingmaker-investing
Quick commerce FirstClub doubles valuation to $255M in nine months The Bengaluru startup has crossed 1 million orders and reached a $50 million annualized GMV run rate within a year of launch. Powered by WPeMatico https://techcrunch.com/2026/06/03/firstclub-doubles-valuation-to-255m-in-nine-months-on-quality-first-grocery-bet/