AI startups attracted 25% of Europe’s VC funding
Venture funding into Europe is heading for a flat year, but this may obfuscate the fact that European AI startups are thriving. According to VC firm Balderton Capital and Dealroom, 25% of
This Week in European Tech: Quantum computing startup Pasqal nabs €100 million, Strava buys Fatmap, Highland Europe closes €1 billion fund, and more
This week, the first one of 2023, our research team tracked more than 115 tech funding deals worth over €1.1 billion, and over 20 exits, M&A transactions, rumours, and related news stories across Europe. As always,
TikTok faces fine over 500 million euros for EU data sent to China
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GitHub will allow enterprise cloud customers to store data in the EU
GitHub will soon allow cloud customers to store their code data in the European Union (EU), part of a growing push in the technology realm to meet regulatory requirements and customer expectations
EU Pressure on Big Tech Sparks Startup Concern
Amazon’s recent cancellation of its iRobot deal reportedly has European startups worried. In a recent Financial Times (FT) opinion piece, Javier Espinoza writes that entrepreneurs are concerned that if regulatory pressure keeps one of the world’s
EIC Accelerator – 71 companies selected in the most competitive funding round so far
The European Innovation Council (EIC) selected 71 cutting edge companies for funding, combining grants and equity, following the last 2024 EIC Accelerator cut-off in October. They have been selected among 1211 submitted
Winners of the first Women TechEU’s Open Call announced
Following the closure of the Women TechEU’s project first Open Call on the 20 May 2024, the EU-funded scheme received an impressive 820 applications from 38 eligible countries. After a thorough evaluation
Catch-up with the US or prosper below the tech frontier? An EU artificial intelligence strategy
Executive summary European Union policymakers want to close the artificial intelligence innovation gap with the United States, as a way to accelerate lagging productivity growth. The EU focus is on expanding an
Nvidia takes EU antitrust regulators to court for probing AI startup Run:ai bid
US chipmaker Nvidia has sued EU antitrust regulators for accepting an Italian request last year to scrutinise its acquisition of AI startup Run:ai, saying they flouted an earlier court ruling restricting their
EU looks to India amid US Climate pullback
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Unbabel among the first AI startups to win millions of GPU training hours on EU supercomputers
The European Union has announced the winners of a “Large AI Grand Challenge” it kicked off earlier this year in a bid to accelerate the pace of homegrown innovation by large-scale AI