Stockholm-based Klarna, an AI-powered global payments network and shopping assistant, is shifting its customer service strategy after touting AI’s potential to replace human work. As a part of the strategy, the Swedish fintech unicorn is reintroducing human agents alongside its AI-powered chatbot, reports Bloomberg. This move aims to enhance service quality and address the limitations ... Read more Read more ›
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Amsterdam-based TIN Capital, a Dutch venture capital firm founded in 1998, has secured an additional €15M from Dutch investors for its second cybersecurity fund, the European Cyber Tech Fund V. This contribution adds to earlier commitments totalling tens of millions of euros. The investment is part of an ongoing fundraising round. The final close is ... Read more Read more ›
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Amsterdam-based Toloka, a provider of high-quality data solutions for artificial intelligence (AI), has secured a $72M (approximately €64M) strategic investment led by Bezos Expeditions, the investment firm of Amazon founder Jeff Bezos. Bezos Expeditions is the personal investment firm of Jeff Bezos, founder of Amazon.com. The firm manages a portfolio of investments across various sectors, ... Read more Read more ›
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In the world of technology, every day, we come across multiple news stories that hit the headlines in terms of funding, breakthroughs, or acquisitions. This week, from May 5th to 9th, has been no exception. Amid the array of major announcements and cutting-edge innovations, several noteworthy news items might have slipped under your radar. Here’s ... Read more Read more ›
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Artificial Intelligence is everywhere! It has become an integral part of the workplace. However, most of the companies lack clear oversight and policies. Recent research shows that 73 per cent of employees already use AI (like ChatGPT) without permission. At the same time, 40 per cent of organisations have no clear approach or are delaying ... Read more Read more ›
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ATMOS Space Cargo, a space logistics startup based in Lichtenau, Germany, has announced a strategic alliance with ARX Robotics, a company specialised in autonomous unmanned ground systems (UGVs). This partnership aims to integrate orbital re-entry logistics with autonomous unmanned systems (UxS). This partnership will improve Europe’s ability to respond quickly to critical situations, such as ... Read more Read more ›
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London-based Gardin Agritech, a company that offers an operating system for food production, has secured $4.5M (nearly €3.99M) in a Seed 2 funding round. The UK-based company’s technology is designed to monitor greenhouse crop health at scale and in real time. The round was led by Navus Ventures, with additional support from Oxford Innovation Finance, ... Read more Read more ›
2
On Thursday, Coinbase Global announced that it has signed an agreement to acquire Deribit, a crypto derivatives exchange, for approximately $2.9B (approximately €2.57B). The transaction comprises $700M (approximately €622B) in cash and 11 million shares of Coinbase Class A common stock. Founded by brothers John and Marius Jansen, Deribit is a cryptocurrency futures and options ... Read more Read more ›
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Zurich-based Scalera, an AI-based tender assistant, announced that it has secured €6.5M in funding within three days. The round included multiple term sheets and interest from several investment firms. The lead investor finalised terms in just over 48 hours, marking their fastest commitment and largest investment from the fund to date. Lead investment came from ... Read more Read more ›
1
Frankfurt-based Bosch, a supplier of technology and services, has announced the launch of Fund VI, a €250M commitment to investing in deep-tech startups worldwide. The company will use the funds to back science-driven startups that are solving critical challenges in energy, mobility, automation, and beyond. Stefan Hartung, chairman of the board of management of Robert ... Read more Read more ›
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Finland-based Foodiq, a company specialised in providing Multi-Layer Cooker (MLC) technology for food producers, has secured €10M funding from undisclosed investor/s. The company will use the funds to accelerate international expansion and scale up breakthrough food manufacturing technology (Multi-Layer Cooker, MLC). “This raise is a strong vote of confidence in our vision and business model,” ... Read more Read more ›
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Netherlands-based AppSignal, a company that provides developers with actionable insights into their applications, has closed a $22M (nearly €19.58M) Series A funding round led by Elsewhere Partners. The funding will support the company’s global expansion and focus on application performance monitoring solutions for mid-market organisations. Besides the funding, AppSignal also named Brandon Swalve as Chief ... Read more Read more ›
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Many websites suffer from poor performance due to slow page speed, weak UX, broken elements, and ineffective SEO. While existing web analytics tools offer data, they rarely offer direction. And that’s where Reykjavik, Iceland-based Optise comes into play! Led by Ómar Thor Ómarsson, Optise is the first AI-powered platform for website insights designed for B2B ... Read more Read more ›
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Siloy, a European HubSpot platform, announced that it has merged with Rotterdam-based HubSpot agency Conversion Crew. This move aims to expand Siloy’s operational reach and internal expertise. HubSpot is a CRM platform that offers software and support to help businesses grow better. Conversion Crew has a team of 15 and focuses on HubSpot implementations and ... Read more Read more ›
2
London-based Doubleword (formerly TitanML), a self-hosted inference platform for enterprises, has secured $12M (approximately €10.6M) in a Series A funding round led by Dawn Capital. Dawn is Europe’s leading specialist B2B software investor, with assets under management of over $2B. Dawn is primarily an early-stage investor, backing companies from Series A and B, and continuing ... Read more Read more ›
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The Hague-based Eternal Sun, a company specialising in solar panel testing technology, has announced that Amsterdam’s Bolster Investment Partners has acquired an 80 per cent stake in the company. The shares were previously held by Vermec and ABN AMRO Sustainable Impact Fund, who supported the company during its early and expansion phases. With this transaction, ... Read more Read more ›
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London-based Ravio, a compensation management platform, has raised $12M (nearly €10.61M) in a Series A funding round led by Spark Capital, with participation from Blackbird and Cherry Ventures. The company aims to change how businesses handle compensation by offering real-time market data and decision-making tools. Ravio’s customers include Just Eat Takeaway, Octopus Energy, Wise, Adyen, ... Read more Read more ›
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Lisbon-based TEKEVER, a company specialised in AI-enabled Unmanned Aerial Systems (UAS), has secured funding in a new round, bringing its valuation over £1B. The funding round was backed by existing investors, including round leader Ventura Capital, Baillie Gifford, the NATO Innovation Fund (NIF), Iberis Capital, and Crescent Cove. John Ridge, Chief Adoption Officer at the ... Read more Read more ›
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Copenhagen-based Final Frontier, a venture capital fund investing in Nordic space and defence tech startups, has secured its first fund of €4.5M. The fund has brought together several figures from the Danish defence sector to support its investment efforts. Anders Fogh Rasmussen, former NATO Secretary General and Prime Minister of Denmark, has made a personal ... Read more Read more ›
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Eindhoven-based eyeo, a company specialised in nanophotonic color-splitting technology, has raised €15M in seed funding, co-led by imec.xpand, and Invest-NL. “Eyeo is working on disruptive innovation in the image sensor industry. As a Deep Tech Fund, we want to accelerate these key technologies. We are proud to support this company in developing them,” says Bart ... Read more Read more ›
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Most popular sources
Business Insider
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34% 19 |
MacRumors
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9% 6 |
The Verge
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7% 2 |
Engadget
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6% 3 |
Tom's Hardware
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5% 1 |
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09.06.2025 16:28
Last update: 16:21 EDT.
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