Good news from around Europe
Preply adds €127 million and nearly triples valuation as it scales AI and tutoring platform globally Preply, a US and Spain-based global language learning marketplace, has announced today the closing of its Series D round, securing €127 million ($150 million) in funding to advance its AI and data capabilities, expand
French BioTech company ErVimmune raises €17 million to tackle hard-to-treat cancers ErVimmune, a BioTech company out of Lyon developing cancer vaccines and cell therapies that target ‘cold tumors’ – cancers that do not respond to current immunotherapies – today announces the first closing of its €17 million ($19.8 million) Series
Spain’s Fracttal raises €29.8 million to expand maintenance platform across Europe and LATAM Madrid-based Fracttal, an AI-powered maintenance solution provider, has closed a €29.8 million ($35 million) funding round to to accelerate its growth across Europe and Latin America, including key markets such as Mexico, Brazil, Spain, and France. The
Ukrainian edtech Preply raises $150M Series D, reaching $1.2B valuation to expand AI-powered language learning globally Preply, a Ukrainian-founded global marketplace for language learning, has announced the successful closing of a $150 million Series D investment round. The round was led by WestCap, with participation from EBRD and Horizon Capital.
Brave1 and Palantir launches secure platform for training AI on frontline data Brave1 Dataroom, a secure digital environment for testing and training artificial intelligence algorithms based on real combat data, has been launched in Ukraine. This was reported by the Ukrainian Ministry of Digital Transformation. The project aims to accelerate the
Language learning app Preply hits unicorn valuation with $150m Series D Powered by WPeMatico https://sifted.eu/articles/preply-languages-app-raise-funding-round
‘It taught everyone a lot of valuable lessons’: how startup banking has changed post-Silicon Valley Bank Powered by WPeMatico https://sifted.eu/articles/new-svb-feature
Nu Quantum CEO: ‘This will be a multi-billion dollar business’ Powered by WPeMatico https://sifted.eu/articles/carmen-palacios-berraquero-nu-quantum-interview
Not to be outdone by OpenAI, Apple is reportedly developing an AI wearable Should this wearable materialize, it could be released as early as 2027, according to a report on the device. Powered by WPeMatico https://techcrunch.com/2026/01/21/not-to-be-outdone-by-openai-apple-is-reportedly-developing-an-ai-wearable/
Sources: Project SGLang spins out as RadixArk with $400M valuation as inference market explodes SGLang, which originated as an open source research project at Ion Stoica’s UC Berkeley lab, has raised capital from Accel. Powered by WPeMatico https://techcrunch.com/2026/01/21/sources-project-sglang-spins-out-as-radixark-with-400m-valuation-as-inference-market-explodes/