Artificial Intelligence

European Commission Selects EQT to Manage €5bn Scaleup Europe Fund for Deeptech Innovation

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The European Commission selected Swedish investment firm EQT to manage its new €5bn Scaleup Europe Fund focused on European deeptech startups. EQT won the mandate over finalists Atomico and other competitors. Around €2.5bn has been committed as of year-end, with €1bn from the EIC and €1.5bn from private limited partners including Novo Holdings, CriteriaCaixa, Santander/Mouro Capital, APG Asset Management, and the Wallenberg family.

Factorial Acquires YepCode to Bolster AI-Powered Enterprise Integrations

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Factorial, an AI-powered enterprise operations platform, has acquired YepCode, a developer-focused integrations and automation platform, to enhance its ability to deliver intelligent AI-based integrations in complex enterprise software environments. The acquisition also marks the opening of Factorial’s new engineering office.

Berlin LegalTech Startup LawX Secures €7.5 Million in Seed Funding Round

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LawX, a Berlin-based LegalTech startup founded in late 2024, has raised €7.5 million in a Seed round led by Motive Partners. The company develops an AI-powered operating system for law firms and notaries, integrating case management, document processing, communication, and billing. The platform addresses labour shortages and outdated software systems in the legal market by automating administrative processes.

IoMobility 2026 Awards Recognize 15+ European Startups Driving Innovation in Mobility Sector

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The 6th edition of IoMobility awards ceremony recognized 15+ European startups and companies innovating in mobility sector. Major winners include: Powandgo (electric vehicle charging sharing network from Brescia), ParkSmart (smart parking from Catania), Btinkeeng (public transport solutions from Trentino), Flowy (public transport ticketing from Florence), Latitudo 40 (geospatial intelligence from Naples), Ses4mo (vulnerable road users protection from Turin), among others. Awards covered categories including energy for mobility, innovative parking, public transport, MaaS, AI/data analytics, autonomous vehicles, smart roads, sustainability, and fleet management.

Danish BioInnovation Institute Launches AI Lab to Accelerate Research Commercialization

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The Danish BioInnovation Institute launched a new AI Lab designed to shorten the path from academic research to market implementation. The article discusses whether Poland will develop a similar operational mechanism connecting science, startups, administration, industry, VC funds, and data access.

EY Study Reveals Sharp Digital Divide as Seniors Show Deep Skepticism Toward AI

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EY released a report titled ‘Understanding older generations’ adoption of AI’ revealing that less than one-third (24%) of people aged 60-85 are familiar with AI. The study found high skepticism among seniors, with 8 in 10 respondents acknowledging that AI-generated results are not always accurate. In Portugal specifically, only 38.7% of the population aged 16-74 used AI tools in 2025, with adoption being asymmetrically lower among older age groups. The study recommends governments fund practical AI literacy programs for seniors and companies develop AI products prioritizing simplicity and accessibility.

Fin Launches Operator, an AI Agent to Manage Its Customer-Facing AI Agent

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Fin (formerly Intercom) announced Fin Operator, an AI agent that manages the customer-facing Fin AI agent. The product targets support operations teams, automating data analysis, knowledge management, and agent debugging. It runs on Anthropic’s Claude models and includes a human approval system for all proposed changes. The company recently rebranded from Intercom to Fin, signaling that AI agents are now the core business. Fin generates 100 million ARR and is growing at 3.5x, accounting for roughly a quarter of total company revenue.

Portuguese holding company Semapa reports 513.3 million euros in Q1 profits from cement division sale

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Portuguese holding company Semapa reported Q1 2026 results showing 513.3 million euros in profits, primarily from the sale of cement company Secil for 1.4 billion euros. Operating performance declined with consolidated revenue at 478.4 million euros (down 14.1%) and EBITDA contracting 40.7% to 70.9 million euros. The company invested 102.9 million euros, including reinforced investment in Gropyus and new investments in CarbonRe and Sybilion through its venture capital arm Semapa Next.

European AI Security Firm Calls for Strategic Autonomy in Cybersecurity at eRadar Conference

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Carlos Carvalho, CEO of Adyta, participated in a panel discussion at the eRadar Conference in Lisbon about cybersecurity challenges posed by AI and Europe’s capacity to respond. Carvalho emphasized the need for European strategic autonomy in AI and digital technologies, warning against dependency on foreign AI models from companies like OpenAI and Anthropic. He advocated for accelerating technological business development within Europe and promoting partnerships between national companies and larger enterprises to build European technological capacity. The discussion also covered cybersecurity threats in the space sector and the importance of digital and spatial sovereignty for Europe.