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London-based NexGen Cloud, a technology firm specialising in AI infrastructure, shared today the successful closure of its Series A funding round, raising a substantial €41 million, with a post-money valuation of €323 million. This investment, primarily from high-net-worth individuals and family trusts, will strengthen the company’s mission to provide hyperscale-like capacity across global regions, with ...
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EU-Startups
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Future Coupons, a promoter group entity of former Big Bazaar operator Future Retail, has reached a settlement with Amazon over… Read more ›
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EU-Startups
HrFlow.ai, a Paris-based startup building the data and AI infrastructure for the labour market, has raised $6 million ($7 million) in a pre-Series A round. This financing brings the company’s total capital raised to €8.5 million ($10 million). The round was led by 115K, La Banque Postale’s venture capital fund, and EmergingTech Ventures (EmTech), alongside ... Read more ›
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Verda (formerly DataCrunch), a Helsinki-based AI infrastructure company, has raised €100 million ($117 million) in new funding to develop its AI cloud infrastructure and international expansion. The round comprises equity funding led by Lifeline Ventures with participation from byFounders, Tesi, Varma, and other investors, alongside debt financing from a group of Nordic financial institutions. “We’re ... Read more ›
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Sillage, a French go-to-market AI startup helping enterprise sales teams turn buying signals into qualified pipeline, has announced its official launch alongside a €1.7 million ($2 million) pre-Seed round. The round included Kima Ventures, Angel Invest, and Drysdale Ventures, alongside a wider group of angels and investors. With the fresh funding, Sillage aims to continue ... Read more ›
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Cerca Magnetics, a UK-based MedTech startup developing wearable brain imaging systems using quantum sensing technology, has raised €4.3 million (£3.8 million/$4.75 million) in Series A funding at a €34.5 million (£30 million) post-money valuation. The round was led by Guinness Ventures. The company plans to use this funding to expand into clinical healthcare markets, and ... Read more ›
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Foamlab, a Delft-based startup aiming to replace fossil-based plastics with high-performance foams made from bacterial cellulose, has raised €3 million in growth capital to build a pilot plant, scale production, and accelerate the commercial rollout of its biobased foam materials. The round is led by ICOS Capital, an investor focused on accelerating the transition to ... Read more ›
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U.S. rideshare company Lyft has agreed to acquire British black cab app Gett, resulting in the majority of registered black cab drivers across Greater London becoming available on the Lyft platform – the deal is expected to close in the coming weeks. With the addition of Gett, Lyft will offer a suite of ground transport ... Read more ›
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On May 7-8, the EU-Startups Summit 2026 takes place in sunny Malta, bringing together around 2,400 founders, investors, and startup ecosystem leaders for two days of networking, inspiration, and knowledge-sharing. We are excited to announce that Stefania Ditrani Seychell, recently appointed CEO at 1stCRWD Crowdfunding, will be joining the speaker lineup of the EU-Startups Summit ... Read more ›
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QuoIntelligence, a Frankfurt-based provider of Unified Risk Intelligence, today announced the close of a €7.3 million Series A funding round to support go-to-market expansion, product development, and team growth. The round was led by Elevator Ventures, the venture capital arm of Raiffeisen Bank International, and co-led by BMH Beteiligungs- Managementgesellschaft Hessen (BMH), with participation from ... Read more ›
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Noreja, a Vorarlberg, Austria-based startup offering AI-powered process intelligence, has closed its €1.1 million funding round to invest in growth and expand its sales, marketing, and customer success teams. The company secured this funding from both existing and new investors and partners, including Markus Neumayr, Jan Sprengnetter, Prof. Martin Kaiser, and Gordana McNamara. Going forward, ... Read more ›
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Irish Tech News
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Tech Wire Asia
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ScienceDaily
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Ubergizmo
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01.05.2026 01:41
Last update: 01:35 EDT.
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