Munich’s Proxima Fusion raises additional €15M to power Europe’s fusion energy sovereignty
Munich-based Proxima Fusion secures additional funding and outlines its next steps in developing stellarator-based fusion power plants.
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Delft-based RABLE raises €2.5M to put solar panels on weak roofs
Dutch solar scale-up RABLE secures funding for its mounting system that enables solar panels to be installed on weak roofs.
Aarhus-based Understory raises €12M to expand AI platform for experience economy
Aarhus, Denmark-based Understory, a software company that offers business bookings, payments, a dashboard, and marketing services, has raised €12M in a Series A funding round.
Haarlem-based Reavant secures €350K to build AI tools for real estate management
Dutch-based Reavant, a developer of AI agents for real estate management, has received a convertible loan as it plans to expand further in Europe.
Amsterdam-based Aplauz closes sale of its Dutch EMI arm to Singapore's WSPN: Know more
Amsterdam-based Aplauz Financial Services, a fintech company, announced the sale of its Aplauz NL, a licensed Dutch Electronic Money Institution (EMI), to WSPN (Worldwide Stablecoin Payment Network), a global digital payments company.
Helsinki-based DataCrunch raises €54.5M to build Europe’s first AI cloud hyperscaler
Helsinki-based DataCrunch, a cloud platform providing GPU compute for AI development, has raised a $64M (approximately €54.5M) in a Series A round co-led by byFounders, Skaala, Varma Mutual Pension Insurance Company, and Tesi.
ASML reportedly becomes French AI unicorn Mistral’s top shareholder after €1.3B investment
UPDATE: ASML Holding has officially announced a strategic partnership with a France-based AI leader, Mistral AI, based on a long-term collaboration agreement to explore the use of AI models across it’s product portfolio as well as research, development and operations.
Peter Thiel-backed German drone manufacturer Quantum Systems to invest €50M in the UK to support MoD’s autonomy push
Quantum Systems has announced plans to increase its presence in the United Kingdom through new investments, operations, and leadership appointments.
In other news this week: CHARM Therapeutics raises €68.2M, MRM Health secures €55M, HappyRobot bags €37.7M funding and more
Lately, there’s been a lot happening in the technology world.
FT just killed The Next Web – and with it, a piece of Europe’s tech ecosystem
It feels like not a month goes by without writing an obituary for another European tech media title.
Amsterdam’s Easee acquired by Chicago’s Visibly: Know more
Visibly has acquired Amsterdam’s digital eye care company, Easee, to expand its online eye care services.
Europe’s fastest supercomputer JUPITER to launch in Germany: Watch live
German research centre Forschungszentrum Jülich to inaugurate JUPITER, an exascale-capable supercomputer, on 5 September 2025.