French hospitals and startup Kiro launched OPTIMABIO, an AI project to improve hospital biology test prescriptions. The initiative, funded by Marseille, Lyon, and Limoges hospitals, aims to transform routine medical decisions using artificial intelligence.
CTHINGS.CO, a Warsaw-based tech firm specializing in Edge AI, IoT, and distributed infrastructure orchestration, raised 8 million PLN from Navivo Capital Poland. The funds will accelerate North American expansion, sales growth, and platform development.
Cambridge-based startup Worldmodeldata has raised £7 million in seed funding led by Iona Star Capital. The company builds a database of video game-generated training data for AI systems, targeting a shortage of high-quality datasets for world models and robotics. Funds will support scaling data licensing agreements and developing a library of one million hours of training data by 2025.
Sherpa.ai, a leader in AI applied to data privacy and security, announced a 15.75 million euro funding round to develop AI platforms for large corporations and governments, focusing on data sovereignty.
Swiss photonics startup Aylight has raised €4.5 million in a pre-seed funding round to advance its chip-scale multiwavelength laser technology for AI data-center optical interconnects and high-precision sensing.
Unbounded, a newly launched startup using AI to help companies provide direct mobile answers, has raised 80 million SEK from major investors. CEO Carl Lindberg states their solution is unique internationally.
For the first time in its history, the Isle of Man will host one of the world’s most recognised startup events, bringing together aspiring entrepreneurs, developers, designers and business professionals for an intensive weekend dedicated to turning ideas into businesses. From 10 to 12 July, Techstars Startup Weekend will take place at Launchpad, Hillary House … Read more
Ubtech Robotics launched its humanoid robot U1, emphasizing its realistic appearance and emotional simulation capabilities. Despite high pre-orders, the robot faces technical challenges in performing complex household tasks. The company aims to expand into Europe, leveraging its status as a pioneer in humanoid robotics. The product’s high price and current limitations position it as a niche luxury rather than a mass-market item.
Endra, an AI-driven construction tech startup, grew from a garage project to a 2.4 billion SEK valuation in 18 months. CEO Niklas Lindgren discusses the company’s rapid rise and strategies to disrupt the global construction industry.
Bending Spoons, an Italian software company, achieved a $26 billion valuation after going public. The company specializes in acquiring mature applications (e.g., Evernote, WeTransfer) and transforming them through AI-driven optimization, cost reduction, and operational streamlining. It has identified over 1,000 potential acquisition targets, leveraging AI to automate development and reduce workforce redundancies.