News

London-based Baobab Ventures, backed by ElevenLabs and Revolut, launches a $15M solo GP fund targeting AI, robotics, and defense startups. The fund will make average investments of $300,000-$350,000 in pre-seed and seed stage European companies.

Baobab Ventures, a London-based fund, launches with €12. 9 million to back early-stage AI and robotics startups....

The European Innovation Council's Corporate Partnership Programme (CPP) links deep-tech startups with major corporations to drive commercial collaboration. A new report details successful partnerships and provides a roadmap for future collaborations across Europe and beyond.

Norwegian startup Bsure secured $2. 1 million to address blind spots in Microsoft environments, a rising security risk....

Noahs, a Copenhagen-based food-tech company, secured €1. 9 million to digitize food locations, targeting modernizing retail....

Kovant, an AI platform, secured €1. 5 million to launch globally, offering autonomous AI agents for enterprise operations....

Dutch AI startup Yasu secured €850,000 to build its AI Cloud Engineer, aiming to prevent cloud waste. The platform has already delivered average cost savings of 35% for customers and manages €3....

London-based Monq launches its AI negotiation platform for enterprises, securing $3M in pre-seed funding. The platform utilizes AI to automate high-value supplier contracts, potentially reducing costs by up to 40% in early pilots.

Brussels is assessing the economic impact of weakened privacy and data protection regulations, prompted by proposed changes to GDPR. The study will consider the costs to consumers if privacy is inadequately protected.

Latvian software quality engineering firm TestDevLab was acquired by US-based Xoriant to support international expansion and enhance its quality engineering capabilities. This acquisition reflects the ongoing consolidation within the QA sector, driven by a need for deeper expertise in AI-driven automation and safety testing.

Brussels launches the first "Apply AI" webinar, focusing on AI's impact on healthcare and pharmaceuticals. The event will livestream on December 9th, with a recorded version and slides available afterward.

SportAI, a B2B sports tech company, secured €2. 6 million for its AI-powered performance insights platform, backed by tennis star Casper Ruud....

Zurich-based Cerrion secured €15. 6 million in Series A funding for its AI video-agent platform, aiming to resolve production line issues in real-time....

Swiss-founded Cerrion secures $18M to expand its AI video agent platform across Europe and the US, aiming to reduce factory downtime. The company's technology, already used by major brands, could help manufacturers resolve problems up to 50% faster.

Irish startup AI One secured $11 million to bridge the AI context gap by connecting to existing systems. The company's platform extracts context from fragmented data for enterprise AI models.

BKN301, a fintech architecture provider, expands its Series B to £29 million and acquires UK-based Planky to bolster its AI-driven financial analytics. The acquisition integrates Planky’s machine learning models into BKN301's platform, accelerating its digital banking architecture across EMEA.

SportAI, a B2B sports tech company, secured a $3 million funding round led by Altitude Capital and tennis star Casper Ruud. The AI-powered video analysis platform uses machine learning to provide performance insights via its SaaS platform.

Juo, a Warsaw-based startup, secured €4 million in seed funding to expand its platform for physical product subscriptions. The company's technology supports over 500,000 active subscriptions across hundreds of clients, with plans to enhance capabilities for developers and AI integration.

BKN301 Group, a UK-based FinTech architecture provider, secured €32 million and acquired Planky, an AI-driven financial analytics firm. The funding and acquisition will strengthen BKN301's next-generation FinTech infrastructure to expand across emerging markets.

A new phishing scam targets users of the parking app Telpark, attempting to steal banking information. Cybercriminals are sending emails falsely claiming account suspension due to unpaid fees, directing users to a fake payment portal.