Scaleup Europe, a public-private fund with a $5.7 billion target, made its first investment by backing Finnish satellite company ICEYE.

Like its U.S. counterpart, the European Chips Act aims to foster the semiconductor industry — in part thanks to state subsidies. One of the beneficiaries is QuantumDiamonds, a German startup that applies a novel approach to inspecting chips.

Station F, a Paris-based startup hub founded by French billionaire Xavier Niel, is gearing up for a new edition of its F/ai accelerator program in a bid to strengthen its positioning as a stepping stone for promising AI startups.

Bending Spoons remains largely unknown, even as its portfolio of products has served more than a billion people.

Mistral AI, which offers some open source AI models, has raised significant funding since its creation in 2023, with the ambition to “put frontier AI in the hands of everyone.”

IQM, a full-stack quantum company out of Finland, went public on the Nasdaq today at a valuation of about $1.9 billion.

The co-founders of Bending Spoons, the Italian company quietly buying beloved, ailing Internet brands, learned big lessons from their own startup's failure.

EquiLibre Technologies, a Prague-based AI lab founded by three ex-DeepMind researchers, is now valued at more than $500 million.

Wix-owned vibe coding platform Base44 has started rolling out its own AI model — with hopes that it will eventually outperform frontier models.

French serial entrepreneur and open-source legend Jean-Baptiste Kempf has been building Kyber, an infrastructure layer to control remote devices in real time.

Unlike humanoid robots designed around a fixed form — think Boston Dynamics — Theker's machines are built to be reconfigured.

Payroll service provider Remote recently surpassed $300 million in annual recurring revenue (ARR) and became cash-flow positive, thanks to a 50% increase in revenue per employee resulting from AI adoption.

Peec, which helps brands track their presence in AI searches, offers proof of a key trend among European startups.

AI startup Pit is led by the co-founders of European scooter giant Voi and backed by a16z, which is leading the startup’s $16 million seed round.

Genesis AI, a startup that raised a $105 million seed round to build foundational AI for robotics, has unveiled its first model, GENE-26.5, but also a demo showcasing a set of robotic hands performing complex tasks.

SAP plans to buy German AI startup Prior Labs and invest heavily in it. It is also prohibiting customers' agents use to a select few like Nvidia's NemoClaw.

It is not that European startups never get attention — Lovable and Mistral AI are proof of that. But there are many more that insiders are tracking.

The two wildly fast-growing rivals have raised massive sums, pushed into each other's home turf, and now have dueling ad campaigns.

Ineffable Intelligence, a British AI lab founded a mere few months ago by former DeepMind researcher David Silver, has raised $1.1 billion in funding at a valuation of $5.1 billion.