Nace.AI, a Palo Alto-based company, raised $21.5 million in seed funding in May 2025. The company is developing a hypernetwork-generated model that produces parameter adaptations for a model at inference time from a company’s policies.
OpenRouter, a Dutch AI startup, raised 113 million dollars in Series B funding from investors including Nvidia, Snowflake, and Databricks
Vienna-based SOMAREALITY secures over €3 million to power real-time cognitive monitoring through eye tracking
Cleo, an AI-powered fintech company, is facing allegations of a toxic workplace culture from its employees.
Trimaranix launches as one of Southeast Europe’s largest agentic AI consultancies
ElevenLabs, a Polish AI startup, received an investment of $11 million from Vinci, a Polish state-owned venture capital firm, and launched AI Lab Poland to support other AI startups
Cargofy raised $11 million in Series A funding to scale AI workers for logistics
Zaplar, an AI company, has been accepted into Y Combinator, a prestigious startup incubator. The company’s four founders are leaving their university studies to focus on the company.
The US government’s ban on Anthropic’s AI models for non-US nationals could benefit European AI companies, according to Uljan Sharka, the founder and CEO of Italian AI model maker Domyn.
Lightbringer, an AI-powered legal technology company, has raised €8.6M in Series A funding to expand its AI-native patent firm into the U.S. and further develop its platform for growing deep tech companies.