Microsoft to invest €4.3B in Italy to boost AI infrastructure and cloud capacity: Know more
Microsoft, on Wednesday, announced a €4.3B initiative in the next two years to expand its hyper-scale cloud and AI data center infrastructure in Italy.
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Eurazeo’s Kurma Partners raises €140M in first closing of €250M VC fund: Know more
Paris-based Kurma Partners, a venture capital group specialised in healthcare, has announced the first closing of its latest venture capital investment fund, Biofund IV, with a total of €140M raised to date.
Dutch fintech sector witnesses ‘significant increase’ in funding in H1 2024: State of European FinTech report
The Netherlands fintech sector saw a significant increase in funding in H1 2024, with total investment increasing by 39 per cent year-on-year, according to the State of European FinTech 2024’ report.
Mastercard to acquire Sweden’s Minna Technologies to streamline subscription management and cancellation
Global tech company Mastercard has announced its plan to acquire Sweden’s Minna Technologies, a subscription management company, pending regulatory approval.
OpenAI bags €6B funding at €142B valuation: Know more
OpenAI, the creator of ChatGPT, announced that it has raised $6.6B (approximately €6B) in funding at a $157B (approximately €142B) post-money valuation.
Spain’s Submer secures €50.3M to drive eco-friendly AI factories and data centres
Barcelona-based immersion cooling company Submer has raised $55.5M (approximately €50.32M) in a growth round of funding.
Amsterdam’s Ligo and Firm24 merge with Your.Online to streamline legal and corporate services for SMEs
Firm24 and Ligo, which specialize in online incorporations and related legal and administrative services, announced on Tuesday that they have joined Amsterdam-based Your.Online, a platform for building businesses online.
Croatia’s All Eyes On Screens secures €10M to transform TV and video advertising with AI
Croatia-based All Eyes On Screens (formerly AdScanner) has announced the closure of its Series B funding round.
Niels Vejrup Carlsen launches Final Frontier: New Nordic VC fund to back European space and defence startups
Copenhagen-based Final Frontier, a Nordic venture capital fund specialising in space and defence technologies announced it has officially launched.
These European tech startups raised the 10 biggest funding rounds of Q3 2024: 6 of them are now hiring
Europe has long been a hotbed for innovative startups, and the third quarter of 2024 was no exception.
Austria’s fynk secures €3.1M to make AI-powered legal workflow tools accessible to non-legal team
Vienna-based fynk, a SaaS company specialised in developing legal workflow tools, announced on Wednesday that it has raised €3.1M in funding.
Vilnius-based regtech firm AMLYZE secures €2.3M to enhance anti-financial crime services: Know more
Vilnius-based regulatory technology company AMLYZE has secured a €2.35M Seed funding to expand its anti-financial crime services for banks, fintechs, and Virtual Assets Service Providers (VASPs).