On the Continent — European Tech News

EQT beats Atomico to manage €5bn Scaleup Europe Fund

European Commission picks Swedish EQT over Atomico to run the €5bn fund targeting AI, quantum, and deep-tech scale-ups inside Europe.

More: EconomyUp · Sifted · Silicon Republic · Tech Funding News · Sifted · Sifted +

Alla svedese EQT lo ScaleUp Europe Fund: 5 miliardi per AI, quantum e deeptech - EconomyUp
100+ companies the €5bn Scaleup Europe Fund could back - Sifted
EU taps Sweden’s EQT to manage landmark €5bn Scaleup Europe Fund - Silicon Republic
EQT tapped to run Europe’s €5B scaleup fund, but questions remain - Tech Funding News
Exclusive: EQT wants to back UK startups with EU’s €5bn superfund - Sifted
EQT beats Atomico to manage €5bn Scaleup Europe Fund - Sifted

The Quantum Insider

NVIDIA's NVentures invests in French quantum computing firm Alice & Bob

The investment expands Alice & Bob's €100 million Series B funding round.

More: Maddyness FR · The Next Web · Tech.eu · FrenchWeb +

Quantique : Nvidia entre au capital d’Alice & Bob - Maddyness FR
NVIDIA’s NVentures adds Alice & Bob to its quantum portfolio - The Next Web
Alice & Bob expands Series B with investment from NVIDIA’s venture arm - Tech.eu
NVIDIA se fait un trou de souris pour monter à bord d’Alice & Bob - FrenchWeb

EU-Startups

Fresha, a London-based beauty and wellness platform, raises $80M from KKR

The investment values the company at over $1 billion, making it a unicorn.

More: The Next Web · Tech Funding News · Sifted +

London’s Fresha hits unicorn status with KKR-led $80M raise - The Next Web
Beauty tech’s quiet giant just became a unicorn: Fresha raises $80M from KKR at $1B valuation - Tech Funding News
KKR backs UK’s newest unicorn in $80m round - Sifted

The Next Web

Spotify and Universal Music Group sign AI covers, remixes licensing deal for Premium subscribers

The agreement allows users to create AI-generated song covers and remixes from participating UMG artists.

More: Tweakers · TechCrunch AI · TechCrunch AI · TechCrunch AI +

Spotify laat betalende gebruikers AI-gegenereerde remixes en covers maken - Tweakers
Spotify and Universal Music strike deal allowing fan-made AI covers and remixes - TechCrunch AI
Spotify takes on Google’s NotebookLM with its new app - TechCrunch AI
Spotify launches an ElevenLabs-powered audiobook creation tool - TechCrunch AI

The Next Web

Euan Blair’s Multiverse raises $70M at $2.1BN valuation

London-based Multiverse follows January's Berlin StackFuel acquisition with a $70m Schroders-led round to push AI upskilling across Europe.

More: EU-Startups · Tech.eu · Tech Funding News · UKTN · Silicon Republic +

UK EdTech Multiverse lands €60 million funding round at €1.8 billion valuation - EU-Startups
Euan Blair’s Multiverse raises $70M at $2.1BN valuation - Tech.eu
Euan Blair’s Multiverse raises $70M at $2.1B valuation to become Europe’s AI adoption platform - Tech Funding News
Edtech unicorn Multiverse raises £50m - UKTN
Euan Blair’s edtech Multiverse valued at $2.1bn after $70m raise - Silicon Republic

Sifted

Finnish Oura files confidentially for US IPO less than a year after last funding round

The company, known for its smart ring, has seen sales accelerate in recent times.

More: The Next Web +

Oura files confidentially for US IPO as ring sales accelerate - The Next Web

Tech Funding News

Polish startup Viktor raises $75 million in Series A funding led by Accel.

Viktor, a Warsaw-based AI coworker startup, hit $15 million annualized recurring revenue in 10 weeks.

More: EU-Startups · The Next Web · MamStartup +

Maddyness FR

France to invest 1 billion euros in quantum technology sector

The announcement comes ahead of a meeting at the Very Large Center of the French National Center for Scientific Research.

More: FrenchWeb +

Avec 2 milliards de dollars, Donald Trump transforme le quantique en industrie stratégique nationale - FrenchWeb

EUobserver

China warns EU of countermeasures over new overcapacity instrument

Beijing's threat follows EU's plan to reduce Chinese exports in certain sectors.

More: ECFR +

How China’s silent coercion has Europe sanctioning itself - ECFR

The Next Web

France joins EU's AI gigafactory race with $10 billion bid for one site

The consortium is led by Scaleway and includes several major French companies and institutions.

More: Maddyness FR · FrenchWeb +

Swedish Tech News

Eight Swedish biotech companies lead country's growing life sciences sector

Labiotech highlights Curevo Health, Hydrostatic Lift, and six others driving innovation in Sweden.

More: Swedish Tech News · Labiotech +

FrenchWeb

N8n's valuation doubles to $5.2BN following SAP strategic investment

Berlin-based n8n, started in 2019 as a side project by Jan Oberhauser, becomes the orchestration layer of SAP's AI platform.

More: Tech Funding News · The Next Web · Tech.eu +

Tech.eu

Gyver scores €1.4M to help power Europe’s industrial workforce

Brescia-based Gyver targets Europe's electrician shortage with workforce infrastructure for the skilled trades behind the energy transition.

More: EU-Startups · EconomyUp · Tech Funding News +

AI for the workers it can’t replace: Italy’s Gyver raises €1.4 million to empower electricians - EU-Startups
Zanichelli Venture investe su Gyver, startup degli elettricisti - EconomyUp
An electrician shortage is hindering Europe’s energy security. Gyver lands €1.4M to fix that - Tech Funding News

Tech.eu

US-based CircuitHub raises $28M from Plural to expand automated electronics manufacturing

The funding will accelerate hardware development and manufacturing workflows across the US and Europe.

More: UKTN · The Next Web +

VTT Research

UK awards £4m to 13 firms for defense tech development

The Ministry of Defence will collaborate with these businesses to accelerate procurement and innovation.

More: UKTN +

UK government backs thirteen ‘future defence unicorns’ - UKTN

t3n

Nvidia's revenue surges 85 percent in Germany, driven by AI market growth

The company's Inception startup program supports over 22,000 young businesses worldwide, including 1,000 in Germany.

More: Gründerszene +

Warum Nvidias Startup-Chef Deutschland vor einem KI-Boom sieht - Gründerszene

The Next Web

Google announces Gemini Spark, a dedicated cloud AI assistant, at I/O 2026 in the US

Gemini Spark integrates natively with Gmail and Workspaces, a Google cloud-based productivity suite.

More: Euronews Next · CzechCrunch +

The Next Web

Tesla's Full Self-Driving software expands to Lithuania, second EU country

The software was approved in the Netherlands in February.

More: TechCrunch EU +

Tesla’s Full Self-Driving software is creeping into Europe - TechCrunch EU

FrenchWeb

French fintech Pivot raises $40M to enhance financial management software with AI

The company plans to rebuild financial management systems for businesses using artificial intelligence.

More: Maddyness FR +

Après avoir séduit Doctolib, Deezer et Pennylane, Pivot lève 40 millions de dollars - Maddyness FR

EU-Startups

Copenhagen’s Alcolase secures €1.5 million to develop enzyme-based remedy for alcohol flush

Ada Ventures, Delphinus Venture Capital, and Antler back Copenhagen's Alcolase to develop an enzyme treatment for alcohol intolerance.

More: ArcticStartup · Tech Funding News +

Danish Alcolase raises fresh funding to advance alcohol intolerance treatment platform - ArcticStartup
Ada Ventures, Antler back Alcolase in €1.5M round to develop enzyme treatment for alcohol intolerance - Tech Funding News

The Next Web

Iceotope raises $26M to advance cooling for next-generation AI infrastructure

Sheffield-based Iceotope raises Series B from Two Seas Capital and Barclays Climate Ventures as AI rack densities push past what air cooling can handle.

More: Tech.eu · Tech Funding News +

Iceotope raises $26M to advance cooling for next-generation AI infrastructure - Tech.eu
Barclays Climate Ventures backs Iceotope in $26M round for AI data centre cooling - Tech Funding News

Tech Funding News

UK AI investment hits record £8.3 billion in 2025

Nearly half of the deals came from first-time investors, according to Tech Funding News.

More: Crunchbase News +

Embodied AI Fuels Record Robotics Funding In China As IPO Momentum Builds - Crunchbase News

Tech Funding News

UK startup Greenpixie raises £4.7M to cut AI and cloud energy waste for enterprises

Mastercard already uses Greenpixie to track cloud and AI energy waste; VERBUND and Octopus Energy join the £4.7m pre-Series A round.

More: UKTN · Tech.eu +

Tech.eu

German startup Dunia Innovations invests €280M in Berlin GigaLab for AI-driven materials discovery

The facility is backed by Siemens, ABB Robotics, NVIDIA, AWS, and ILS, with a 6,000 m² footprint.

More: The Next Web +

Berlin’s Dunia Innovations commits €280M to an autonomous AI-materials GigaLab - The Next Web

EU-Startups

Milan-based Cosmico raises €12 million, acquires Flatmates to expand Future of Work platform

Milan's Cosmico raises €12m led by P101 SGR and pulls the full Flatmates acquisition forward by two years to expand its freelance marketplace.

More: EconomyUp · Tech Funding News +

Cosmico: 12 milioni di euro al marketplace del lavoro flessibile - EconomyUp
Talent startup Cosmico raises €12M and acquires Flatmates to replace broken freelance marketplaces with AI matching - Tech Funding News

EU-Startups

Grenoble's Mantle8 raises €31m Series A to drill for natural hydrogen

Breakthrough Energy Ventures and Bpifrance back Mantle8, bringing total funding to €37m for global natural-hydrogen exploration.

More: Tech Funding News · FrenchWeb +

EU-Startups

German startup Qurie secures €2.2 million in funding from HTGF and others in Freiburg

The funding was announced in April 2026, with Qurie planning to develop cost-effective refrigeration systems.

More: Tech.eu +

Qurie bags €2.2M to scale sustainable cooling technology - Tech.eu

Access Now

Meta offers limited free access to WhatsApp for rival AI chatbots in Europe

The proposal would allow OpenAI, Perplexity, and others to use WhatsApp free of charge up to a usage cap.

More: The Next Web +

Meta offers rival AI chatbots a limited free pass into WhatsApp, on Brussels’ terms - The Next Web

CleanTechnica

Hungary's energy transition opens battery storage investment opportunities

Hungary's new renewable energy subsidy regime is driving energy storage investment.

More: Energy-Storage.News +

Changes in Hungary’s renewable energy subsidy regime, market evolution drive BESS investment opportunities - Energy-Storage.News

El Referente

Lansdowne Partners launches £112m VC fund in UK to back high potential British companies

The fund has announced its first close at £112m, exceeding its initial target of £40m.

More: UKTN +

Lansdowne Partners launches VC fund with first close at £112m - UKTN

The Quantum Insider

Thales Alenia Space completes quantum transmission test between Canary Islands

The test was conducted between La Palma and Tenerife.

More: European Spaceflight · European Spaceflight +

OHB Space UK to Begin Work on ESA EnVision Venus Explorer Mission - European Spaceflight
Thales Alenia Space Ship ExoMars Structural Models to France for Testing - European Spaceflight

Tweakers

Swedish Embracer Group to spin off Fellowship Entertainment

The new company will include Tomb Raider and Lord of the Rings franchises.

More: GamesIndustry.biz +

Former Embracer CEO says Fellowship Entertainment spin-off is the "most effective long-term solution" - GamesIndustry.biz

Hacker News

Pope Leo XIV warns of AI warfare at Rome university

Anthropic co-founder will join the Pope for AI encyclical presentation.

More: The Next Web +

Pope Leo XIV calls AI-directed warfare a “spiral of annihilation” in historic La Sapienza address - The Next Web

European Spaceflight

Swiss students develop new rocket engine after two years

The project is part of the Swiss Student Space Initiative Aris.

More: ETH Zurich News +

Developing a rocket engine after two years of study - ETH Zurich News

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Great things are happening across Europe — in startups, labs, and policy — but they're invisible. We curate the stories that matter so progress compounds.

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Ghent-based Harmoney secures €10 million to scale AI-driven Counterparty Risk Management platform (EU-Startups)
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