Zurich’s Modulos secures €9.3M to scale its AI governance platform ahead of EU AI Act’s enforcement
Zurich-based Modulos, an AI governance platform, announced the completion of its CHF 8.7M (approximately €8.96M) in a pre-Series A funding round.
Artificial Intelligence (AI)
Artificial intelligence in practice — what it changes, who it concentrates power for, and how it lands in the businesses and policies of the technology economy.
911 articles · Artificial Intelligence (AI)
Greece-based STIQ bags €20M from EIB to expand its AI cloud kitchen platform across Europe
Athens-based STIQ, a company transforming healthy dining in Greece, has raised €20M in funding from the European Investment Bank (EIB).
AI Tool of the Week: RoomRaccoon introduces RaccoonRev Plus to transform hotel pricing strategies
Based out of Breda, the Netherlands, RoomRaccoon is a hotel management system for independent hotels and accommodation businesses.
Italy’s IdentifAI raises €5M tackle the threat of AI-generated disinformation
Milan-based IdentifAI has secured €5M in funding led by United Ventures to expand its AI-driven deepfake detection platform across European markets and into the United States.
Amsterdam’s Supplied AI raises €1.6M to become the 'Stripe for compliance', plans to double its team by 2025-end
Amsterdam-based Supplied AI has secured €1.6M in seed funding led by Rethink Ventures and Volve Capital to transform how digital platforms handle onboarding, compliance, and regulatory reporting.
UK AI startup Magentic launches with €4.7M from Sequoia Capital, others to slash supply chain waste
London-based Magentic, a company building an AI Agent platform for the world’s supply chains, announced its launch today and has raised $5.5M (approximately €4.7M) in a Seed funding round led by Sequoia Capital.
Anthropic’s transatlantic AI strategy: announces intent to sign EU’s AI Code of Practice, releases ‘Build AI in America’ report the next day
Anthropic, an AI safety and research company, has announced its intention to officially sign the European Union's General-Purpose AI Code of Practice.
Leiden-based edtech Learnbeat acquires core technology of Amsterdam’s AI learning startup Anywyse
Amsterdam-based Anywyse, an AI learning startup, has announced that its core technology has been acquired by Learnbeat, a Leiden-based digital education platform.
London’s Xelix secures €137M to eliminate invoice fraud and overpayments with agentic AI
London-based Xelix, an agentic AI software company in the Accounts Payable (AP), has secured $160M (approximately €137M) in a Series B funding round led by Insight Partners, with follow-on investments from Passion Capital and LocalGlobe.
Dutch news publishers join forces with TNO to build GPT-NL, a Dutch AI language model trained on legally obtained data
The Hague-based TNO, an independent organisation for applied research, is collaborating with members of NDP Nieuwsmedia, who represent the vast majority of Dutch news publishers, to further develop GPT-NL, the first large-scale Dutch AI language model trained exclusively on legally obtained data.
Swedish AI startup Lovable hits unicorn status; raises €172M at €1.65B valuation
Swedish AI startup Lovable, a platform that lets users build apps and websites using plain language, has secured $200M (approximately €172M) at $1.8B valuation in a Series A round led by Accel.
Berlin’s MOTOR Ai raises €17.1M to expand explainable and regulation-ready autonomous driving in Europe
Berlin-based MOTOR Ai, a company specialised in developing Level 4 intelligence for autonomous driving, has secured $20M (approximately €17.1M) in a seed funding round led by Segenia Capital and eCAPITAL, with participation from mobility-focused angels.