Swedish AI Satellite Startup Terra Labs Reports Tenfold Business Growth

Terra Labs, originating from one of Sweden’s leading tech successes and supported by a heavyweight investor trio, has experienced a tenfold increase in its business. Its AI‑driven satellite imaging technology is now drawing interest from forestry companies eager to adopt the solution. The article highlights the company’s strong financial results and optimistic outlook.

Contents Acquires Barcelona-Based Fintech Balio in Sixth Strategic Deal

Contents announced its sixth acquisition, buying Spanish fintech software firm Balio. The deal expands Contents’ European footprint, adds Balio’s financial‑wellbeing platform and its trusted corporate client base to Contents’ AI‑driven enterprise suite, and will accelerate Balio’s growth across Europe. Financial terms were not disclosed.

Belgian AI Drug Discovery Startup Sightera Biosciences Secures €3 Million Pre-Seed Funding

Belgian tech‑bio startup Sightera Biosciences raised €3 million in a pre‑seed round led by Entourage, with participation from Anacura and QBIC, to scale its AI‑native platform that uses patient‑derived samples for oncology and fibrosis drug discovery.

Major Publishers Challenge Google Over Unauthorized Use of Books in Gemini AI Training

French publisher Hachette, US-based Cengage Learning, and Dutch publisher Elsevier have filed a lawsuit against Google, alleging that the company used their books to train the Gemini AI without authorization from authors or publishers. The case highlights the legal gray area around AI training data, particularly in the US where copyright protections are less restrictive.

Spanish Drone Startup CLUE Technologies Secures CDTI Funding for AI-Powered Wildfire Suppression Platform

TECNALIA has designed and validated an electric unmanned aerial vehicle with high capacity for wildfire intervention. The development is part of EXTINCIA, a project coordinated by CLUE Technologies and funded by CDTI, combining drones, artificial intelligence, and advanced air traffic management systems.

London-based AI startup Applied Computing secures $20 million to expand into US energy market

Applied Computing, a London-based AI company building foundation models for energy operators, raised €17.4 million ($20 million) in a funding round led by KBR and Databricks Ventures. The company also opened a new office in Houston, Texas, marking its formal entry into the US market. The funding will support expansion, commercial deployment, and AI research.