Sweden-based Flox raises nearly $1M to help humans and wildlife safely coexist using AI
Stockholm-based Flox, a company focused on human-wildlife interaction through AI, has completed a Seed funding round of nearly $1M.
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AI tool of the week: UK-based Tracelight secures €3M to make analysts superhuman in spreadsheets
UK-founded Tracelight, an AI company making financial models easier to build and trust, has raised $3.6M (approximately €3M) in seed funding led by Chalfen Ventures.
From $1B exit to backing the top 0.1%: Ex-Adjust CEO brings unicorn playbook to Europe’s toughest founder fellowship
Berlin-based EWOR, an operator-run fellowship committing €60M to Europe’s most promising early-stage founders, has appointed Simon “Bobby” Dussart as Chief Operating Officer (COO).
Cambridge-based PeroCycle raises €4.5M to decarbonise steelmaking; appoints new CEO
Cambridge-based PeroCycle, a venture focused on carbon recycling for steelmaking, has named Grant Budge as its new Chief Executive Officer.
Germany's dwpbank acquires Fintech lemon.markets to accelerate digital brokerage offering
Deutsche WertpapierService Bank (dwpbank) announced that it has reached an agreement with Berlin-based Fintech lemon.markets for its acquisition.
Barcelona-based Wallapop acquired by South Korea's NAVER Corp: Know more
Barcelona-based Wallapop, a platform for conscious and humane consumption, announced that a majority of its shareholders have approved a proposal from South Korea-based NAVER Corp to acquire the company.
Amsterdam’s Seenons acquires waste advisory firm Recycling Consultants Nederland: Here’s why
Amsterdam-based Seenons, a tech platform for circular waste management, has acquired Recycling Consultants Nederland (RCN).
UK MoD selects Australia’s Castlepoint Systems to tackle data leaks with Explainable AI post-Afghan data breach
The UK Ministry of Defence (MoD) announced that it has chosen Australian dual-use technology company Castlepoint Systems to safeguard sensitive information using artificial intelligence.
UK’s Pulse Clean Energy secures €252.5M to fuel the construction of six new ready-to-build BESS sites
England-based Pulse Clean Energy, a company building a secure and renewable energy infrastructure, has secured £220M (nearly €252.50M) in green financing from a group of six international banks.
AI meets aerospace: Dutch UAV maker Destinus to acquire Swiss aviation AI startup Daedalean for $225M
Katwijk, the Netherlands-based Destinus, a developer of flight systems for civil and defence applications, has announced the acquisition of Zurich-based Daedalean AG, a company specialised in aviation AI solutions.
Dutch-based BOM launches new venture-building programme for drug development startups
The Brabant Development Agency (BOM) announced that it is launching a venture-building programme in September to support entrepreneurs launching drug development startups.
After the UAE, OpenAI announces Stargate Norway, first AI data centre initiative in Europe
OpenAI announced Stargate Norway, the company’s first AI data centre initiative in Europe under its OpenAI for Countries program.