Swedish startup Klang.ai raised €1.3 million to develop its own European speech‑AI model, Klang Pianissimo, which provides real‑time transcription on local hardware, and will use the funds to expand product development and enter new markets in the Nordics, Benelux, DACH and Japan.
Estonian startup bilt.me, an AI‑native platform that lets anyone create native iOS and Android apps without coding, closed a €614.9k pre‑Seed round led by Superhero Capital with participation from Bolt founder Markus Villig and Lightyear founder Martin Sokk. The funds will be used to accelerate global expansion and enhance the platform’s features.
Swedish venture capital firm J12, founded by AI specialist Bo Mattsson, sold a third of its holding in the startup Lovable during the late summer, reporting a 225‑fold return on its 2023 investment.
ConnectED Mind, a Rome‑based startup, applies AI to cognitive security, helping top‑level managers make faster, better decisions. The firm is working on a strategic partnership with Rheinmetall, the largest European defence company, to develop a decision‑support product for defence operators.
During the week of 19–25 September, French tech saw 14 funding rounds raise nearly €189 million, with notable raises by HighLife, Biolevate and Wealthcome, highlighting strong investor interest in health, enterprise software and AI infrastructure.
French artificial‑intelligence startup Mistral, founded about 3.5 years ago, completed its third acquisition of the year by buying Pimento, a company that builds AI‑driven tools for creating and optimising high‑conversion online ads. The deal is valued at roughly €13 million. The acquisition signals Mistral’s shift from pure model development to offering a broader suite of business‑focused AI tools, following earlier purchases of infrastructure provider oyeb and industrial‑simulation firm Emmi AI. Earlier this week Mistral announced a €3 billion growth‑capital round.
Spanish startup Trebellar, founded by Diego Ferreiro, raised $18 million in a Series A led by Blossom Capital to apply artificial intelligence to the management of large companies’ real‑estate portfolios.
Eindhoven‑based OWOW Venture Studio raised €2.65 million to fund and accelerate B2B SaaS and AI startups in traditional sectors such as manufacturing and construction, planning to create at least three new ventures each year and offering extensive technical and market support.
German AI security startup Kontext secured $4 million, led by 42CAP with participation from a16z CSX and HTGF, to grow its runtime security solution that monitors and controls AI agents in real time.
Swiss fabless semiconductor company Kandou AI raised $225 million in H1 2026 to boost production of its AI connectivity chips and broaden its market reach.