TechEU

TrueLayer, a UK payments fintech looking to disrupt the dominance of card payments, has captured a $27m investment round, led by an Italian state-backed investor, a first-time investor, as it looks to bolster its presence in Italy, it said today. Backed by Stripe and Tiger Global, TrueLayer leverages open banking technology to allow customers to make online transactions. These payments are called account-to-account payments or pay by bank and are an alternative to going through card giant inter

Ireland’s tech ecosystem recorded around €630 million in funding in H1 2026, placing the country among Europe’s top 10 by total tech funding raised during the first half of the year. Capital was highly concentrated at the top, with the five largest rounds accounting for nearly three-quarters of the total. The largest transaction was Wayflyer’s €212 million debt financing, aimed at increasing its funding capacity for small and medium-sized businesses. Fintech and medical and healthcare companies

Today sees the launch of an industrial tech corridor between Britain and Germany as the Prime Minister visits Berlin.  The deal will drive companies on both sides of the North Sea to strike partnerships with one another, boosting investment, creating new jobs, and adopting cutting-edge technologies like AI to improve productivity.  Some of Germany’s and the UK's biggest companies are already capitalising on the agreements.  Germany-based tech firm MicroAGI — a robotics research company headqu

A UK university spinout building large scale quantum computing systems for real-world use has raised $100m in funding, which it says it the largest Series A raised by a UK-headquartered quantum firm. Founded in 2018 as a University of Sussex spinout, Universal Quantum’s point of difference to some of its peers is its commitment to scale.  While many quantum startups chase near-term breakthroughs or develop quantum software that runs on someone else’s hardware, Universal Quantum is tackling a

Innercrowd has raised €750,000 in funding to accelerate its international expansion as festivals across Europe look for new ways to drive ticket sales. The company already works with more than a hundred festival organisers, including clients in the Netherlands, Belgium, Germany, Bulgaria and Poland. The funding comes as festivalgoers become more selective and increasingly delay ticket purchases amid a crowded festival market and rising costs. According to the European Festival Survey 2025, only

TODAY, an AI startup helping financial and insurance advisors automate their work has raised €2.8 million in seed funding. The round was co-led by High-Tech Gründerfonds (HTGF) and Insurtech Gateway, with participation from Seed X, Lucid Capital and angel investors including former HDI CEO Herbert Rogenhofer and Tech11 founder Pierre Dubosq. Founded in 2024 by Michael Gackstatter and Artem Demchenkov, TODAY is developing an AI-powered sales operating system for advisors working at banks, insurer

Today, PSV Tech announced the final close of Fund II at €56 million. Twenty-five years ago, an investment organisation took shape in the halls of the Technical University of Denmark (DTU) with a simple idea: more of the technology and talent coming out of Denmark needed someone willing to back it early. Close to 500 early-stage investments later, that idea remains at the heart of what is today venture house PSV. PSV Tech was launched in 2020 as part of PSV Venture House, with a mission to back

Verso, an AI-powered consumer intelligence platform, has raised $6 million in seed funding. The round was led by Angular Ventures, with participation from 100in, Kima Ventures, Olympe Capital, Sharpstone Capital and a group of business angels. The company is also backed by startup studio Hexa. Large companies invest heavily in consumer research to inform product development and marketing decisions, but the process can be expensive and time-consuming. Research findings can also remain concentrate

Estonia’s Golbriak Space has secured €4 million in fresh financing to accelerate the industrialisation of its technology and expand production capacity as customers move towards embedding optical terminals at scale. The company designs, engineers and manufactures laser communication systems for space and airborne applications. Its technology is designed to reduce integration complexity and make optical communications easier to manufacture, operate and deploy across different platforms, network

Europe has become Endeavor Catalyst’s fastest-growing market as the global venture fund begins deploying Fund V, an oversubscribed $320 million fund announced today. Endeavor Catalyst is Endeavor’s venture capital fund, investing exclusively in companies led by Endeavor Entrepreneurs and co-investing alongside leading venture capital and growth equity firms. With more than $850 million in assets under management, Endeavor Catalyst has backed 437 companies across 44 markets. Its portfolio inclu

UK stablecoin infrastructure startup Noah has closed a $38m seed funding round, it said today, after bagging another $16m to the round. Noah, founded in 2020, said last year it had raised $22m in seed funding with funding raised from investors like LocalGlobe and Felix Capital, with angels such as Palantir co-founder Joe Lonsdale and David Helgason, the co-foudner of Unity Technologies, the gaming company, also participating. Today, it said it had completed the round, having received an extra

MintNeuro, an Imperial College London spinout developing specialised chips for neural devices from implants to wearables, has raised $5 million to drive its commercial scale-up. The company is developing a semiconductor platform for devices that connect with the brain and nervous system. As neurotechnology moves from research into clinical and commercial deployment, MintNeuro aims to replace the choice between adapting generic components and undertaking lengthy custom chip development with chip

Europe has no shortage of promising technology companies, but turning them into global players remains a persistent challenge. For Cecilia Bonefeld-Dahl, Director-General of DIGITALEUROPE, the problem is not simply a lack of capital: Europe needs faster access to funding, less regulatory complexity, more ambitious public procurement, and a greater willingness to take risks on its own scaleups. I sat down with Bonefeld-Dahl to learn more. DIGITALEUROPE represents a broad cross-section of Europe

Cori Clinical, an AI platform for clinical trials, has raised $4 million in a seed funding round led by Breega, with participation from Enzo, Heartfelt, Together Ventures and Bynd. The company is targeting the fragmented processes and disconnected sources of information involved in designing and setting up clinical trials. Cori was founded by Jorn Jansen Schoonhoven (CEO) and Patricio Fernández (CTO). The company has developed an AI workspace that brings together an organisation’s knowledge from

The UK today launched a new Scaleup Pathway to enable the scaling of sovereign innovation and manufacturing.  WestTech London and the West Midlands have joined forces to deepen the connection between the two leading regional innovation ecosystems. Convened by Imperial College London and the University of Warwick, the new Scaleup Pathway strengthens the UK’s ability to commercialise its research, grow innovative companies, retain strategically important manufacturing and production capability, a

Croatian founders and finance executives recently discussed a range of issues impacting Croatian startups at a conference attended by the country's startup and tech community. The issues discussed include the advantages of launching a startup in a small country like Croatia, Croatia's engineering talent, the impact of AI on finance teams, and much more. AI makes it “incredibly easy” for finance teams to be “lazy” and the younger generation of finance executives will need “willpower” if they want

Delivery Hero has become Europe’s leading founder factory by number of alumni-founded startups, according to a new analysis published today by startup data platform Dealroom.co. Alumni of Delivery Hero and its European brands have launched 150 startups and built businesses worth a combined €7.5 billion, employing 11,000 people globally. Together, those companies have raised €4.4 billion in venture capital, making Delivery Hero the top European founder factory in Dealroom’s analysis by VC raised

Mistral today unveiled its largest and “most capable” AI model to date, the company said, amid a global race for AI supremacy. The French AI company says its new one trillion-parameter multimodal model, Mistral Large 4—nicknamed le Chonk—can compete with the strongest open-source models globally while "significantly outperforming” any open-weight model developed in the US or Europe. Mistral said the model demonstrates “exceptional performance” across coding, agentic workflows, and multimodal u

Foodtech Edonia has raised €15 million in funding.  In recent years, plant-based alternatives have focused mostly on mimicking meat in taste, look and texture. However, the food market is now facing higher expectations: consumers aren’t just looking for a replacement, but for products that are high in protein, affordable and minimally processed while tasting good.  Edonia proposes a different approach: a new whole food source based on microalgae that goes beyond replicating animal products. Ed

German software giant SAP is buying a Belgian startup that leverages AI to help companies understand the skills and work of their employees, it said today. The deal is reported to be the largest acquisition of a venture-backed software company in Belgian history, according to the startup being acquired. SAP is acquiring TechWolf, founded in 2018, for an undisclosed sum, saying it would become a key part of its talent and workforce strategy. TechWolf, located in Ghent, employs more than 120 peopl