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The premier source of European technology news, data, research, analysis and in-depth market intelligence.
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News
Antler research reveals Europe’s unicorn boom is masking an early-stage funding crisis
4+ day, 3+ hour ago (823+ words) Today a new report reveals that while a new generation of rocketship unicorns are breaking records for funding rounds and valuations in Europe, the early-stage funding pipeline is collapsing. Announced today in London at global VC Antler’s European Founder Conference,…...
Venture builder Improbable backs AI business messaging app with $10M
4+ day, 7+ hour ago (211+ words) Improbable, the UK tech company that has pivoted to venture building, has brought its third product out of stealth, an AI messaging app used to automate business processes, which it is backing with $10m of its own funding. London-based Improbable, founded…...
Cambridge University spinout launches AI model "competitive" with OpenAI and Anthropic
1+ week, 6+ day ago (414+ words) A Cambridge University spinout has today launched a “frontier-class” generalist AI model which it says is competitive with OpenAI and Anthropic's leading models and can be deployed locally. Flower Labs is a London and Hamburg-based startup which lets companies train…...
Itoflow lands $2.5M to scale investment research and portfolio management
2+ week, 6+ day ago (366+ words) AI investment platform Itoflow has raised $2.5 million in pre-seed funding to develop its technology to help professional investment teams automate and scale research and portfolio management. The round was led by Balderton Capital, with participation from angel investors including Cleo…...
Inside Startup Due Dil: the AI tool turning hours of VC diligence into 10 minutes
2+ week, 6+ day ago (949+ words) Vlad Tislenko, a partner at venture capital firm SMRK VC, today announced the launch of Startup Due Dil, a web application that automates the collection, verification, and structuring of information during startup due diligence. SMRK VC invests in Ukrainian technology…...
Callosum raises $100M seed round
3+ week, 4+ day ago (240+ words) A UK AI startup that is building software infrastructure that allows AI workloads to run on different chips and AI models has raised $100m in an exceptionally high-value European seed round. Callosum has raised $100m in a seed round led by European…...
Oakley Capital takes majority stake in Graphwise in one of Bulgaria’s largest software exits
3+ week, 5+ day ago (213+ words) Private equity investor Oakley Capital has reached an agreement to acquire a majority stake in Graphwise, a key player in the enterprise AI data platforms market. The transaction represents one of the largest software sales in Bulgaria's history and one…...
DeepL strikes deal with US legal AI startup Harvey
3+ week, 5+ day ago (236+ words) DeepL has struck a deal with US AI startup Harvey to carry out legal document translation, as it looks to push further into heavily regulated industries. DeepL, valued at $2bn in 2024, said the deal with Harvey, valued at $11bn and reportedly raising…...