AI tool of the week: UK-based Tracelight secures €3M to make analysts superhuman…
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.
Technology & Power
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11,488 articles · Technology & Power
From $1B exit to backing the top 0.1%: Ex-Adjust CEO brings unicorn playbook to…
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…
Cambridge-based PeroCycle, a venture focused on carbon recycling for steelmaking, has named Grant Budge as its new Chief Executive Officer.
UK MoD selects Australia’s Castlepoint Systems to tackle data leaks with…
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…
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…
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…
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…
OpenAI announced Stargate Norway, the company’s first AI data centre initiative in Europe under its OpenAI for Countries program.
Vienna’s RUBICON acquires Gentics to build an end-to-end platform to digitise…
Vienna-based RUBICON, a provider of eGovernment software solutions, has acquired Gentics Software, an Austrian company specialised in enterprise content management systems (CMS).
With TechCrunch vets at the helm, Resilience Media raises Seed funding to shape…
London-based Resilience Media, a media platform focused on NATO’s defence tech sector, has raised seed funding from a group of investors based in the Netherlands, the UK, the US, Germany, Israel, and Poland.
US AI startup AIxBlock secures EU backing: €1.5M grant awarded, €61.5M…
Delaware, US-based AIxBlock, a decentralised AI tech startup, has secured a €1.5M innovation grant from the European Union, along with up to €61.5M in two additional grants that have been pre-approved to support its long-term expansion across Europe.
Estonia’s Sunly gets €85M to build solar parks powering 180,000 homes in Latvia
Tallinn-based Sunly, a renewable energy company and an investor in renewable energy and electrification startups, has secured nearly €85M in international financing to develop solar energy projects in Latvia.