Literal Labs secures €5.4M for logic-based AI chips showing 54x faster inference and 52% energy savings, challenging GPU-dependent systems with…
Husk’s €1M-funded platform revolutionizes startup cash flow management with dynamic corporate cards
Husk’s fintech platform, backed by €1M in funding, is transforming cash flow management for European startups through AI-powered corporate cards.…
Photoroom Acquires GenerateBanners to Expand AI-Powered Ad Tools for E-Commerce
Paris-based Photoroom acquires GenerateBanners, integrating text-layout automation to enhance its API for e-commerce advertisers, signaling Europe’s AI sector consolidation amid…
Axe’s AI platform transforms freight coordination amid rising global tariffs
Axe’s €1.5M-funded AI platform automates freight booking and scheduling, saving 2 hours daily per employee. With new EU tariffs on…
Vinted Ventures Launches €50M Fund to Accelerate Europe’s Recommerce Transformation
Vinted Group enters corporate venture capital with a €50M fund targeting digital recommerce startups, combining investment with operational mentorship to…
Berlin AI Startup Solda.AI Secures €3.5 Million Seed Funding Amid EU Regulatory Scrutiny
Solda.AI raised €3.5 million in seed funding led by Accel, expanding its AI voice agents to 25 enterprises while facing…
Berlin’s EWOR Fellowship Partners With Siemens, BASF to Boost Deep-Tech Startups
EWOR Fellowship expands its €60M deep-tech initiative through industrial partnerships and aligns with EU’s €2B AI/quantum funding, while alumni startup…
European Deeptech Sector Surges as Aldea Ventures Closes €50 Million Fund Targeting AI and Robotics
Aldea Ventures secures €50M for its second deeptech fund, fueling AI and robotics innovation in Europe. The hybrid investment model…
Kavak’s Valuation Plummets 75% as Latin America’s Tech Sector Faces Market Realities
Mexican used-car platform Kavak’s valuation drops to $2.2 billion, down from its 2021 peak of $8.7 billion, reflecting broader VC…
A fresh surge in European startups sets new pace for global growth
Funding gains, cross-border alliances, and deep-tech expansions mark a new phase for Europe’s thriving startup sphere, attracting worldwide attention and…
Solid (formerly Wise) files for bankruptcy amid fintech funding crunch
Banking-as-a-Service startup Solid filed for Chapter 11 bankruptcy on July 15, 2024, with $28M liabilities, planning to sell assets. The…
Chile leads Latin America in economic freedom, creating opportunities for startups
Chile’s top ranking in economic freedom offers a thriving environment for startups, with reduced bureaucracy and better access to capital…
