Good news from around Europe
Bumble’s paying users are slipping as it bets on an overhaul later this year The company is making a big bet that the swiping model is outdated and most matches never turn into actual dates. The company wants to fix that by redesigning profiles, changing how people interact, and focusing
SAP bets $1.16B on 18-month-old German AI lab and says yes to NemoClaw SAP plans to buy German AI startup Prior Labs and invest heavily in it. It is also prohibiting customers’ agents use to a select few like Nvidia’s NemoClaw. Powered by WPeMatico https://techcrunch.com/2026/05/05/sap-bets-1-16b-on-18-month-old-german-ai-lab-and-says-yes-to-nemoclaw/
Nuro receives driverless testing permit ahead of Uber robotaxi service launch The Silicon Valley AV startup has not started driverless testing yet. Powered by WPeMatico https://techcrunch.com/2026/05/05/nuro-receives-driverless-testing-permit-ahead-of-uber-robotaxi-service-launch/
Lucid Motors doesn’t know how many EVs it will build this year Lucid Motors pulled its guidance for the year, as it navigates swelling inventory and a companywide cost-cutting measure. Powered by WPeMatico https://techcrunch.com/2026/05/05/lucid-motors-doesnt-know-how-many-evs-it-will-build-this-year/
Quantum Machines acquires QHarbor and opens Delft office to deepen European quantum footprint Quantum Machines (QM), a provider of hybrid quantum-classical control solutions, today announced the acquisition of Dutch company QHarbor and the opening of a new office in Delft, the Netherlands. The move establishes a local base in one
EnteroBiotix secures £19M to support IBS microbiome clinical trial Glasgow-based life sciences company EnteroBiotix has secured £19 million in funding to support the advancement of its microbiome-based therapies, including a large-scale clinical trial targeting irritable bowel syndrome (IBS). The round was led by Thairm Bio and the Scottish National Investment Bank,
Nabu raises €3M to scale digital customs in Europe France-based Nabu has raised €3 million in funding to accelerate its expansion across Europe and strengthen its position in digital customs clearance. The round includes participation from Getlink, alongside existing investors such as Maersk Growth, which continues to support the company
Mobility Signage secures €1.8M to unify public transport IT Munich-based startup Mobility Signage has raised €1.8 million in a pre-seed funding round to advance its digital infrastructure platform for public transport. The round was led by High-Tech Gründerfonds, with participation from 2bX. Founded in 2023, Mobility Signage addresses a growing
A-Cube lands €4M to accelerate global expansion Italian regtech company A-Cube has secured €4 million in funding to expand its platform for automated digital tax compliance across international markets. The round was led by P101 SGR, with participation from Sella DirectVentures. Founded in 2018, A-Cube develops an API-first platform that
Geothermal startup Fervo Energy to raise up to $1.3B in IPO Enhanced geothermal startup Fervo Energy’s IPO could value the company at up to $6.5 billion. Powered by WPeMatico https://techcrunch.com/2026/05/04/geothermal-startup-fervo-energy-to-raise-up-to-1-3b-in-ipo/