Spanish AI‑agent startup HappyRobot secured $150 million in a Series C round led by Prysm Capital and Eurazeo, bringing its valuation to $1.2 billion. The funding will be used to enhance AI features and scale the team, as the company expands beyond logistics into insurance, energy, telecom and airlines.
London‑based data centre builder Nscale will supply $1 million of compute resources to AI research groups at Oxford, UCL and Imperial, underscoring growing demand for sovereign compute capacity in European research institutions
Swedish‑Finnish defence‑tech startup Monava raised a new funding round led by Gungnir Capital, with participation from Foundry Ventures and Hede Capital, to accelerate development and scale its AI‑powered passive acoustic drone detection system for European defence customers.
Estel Technologies, a Bulgarian AI‑native sales platform for tech staffing firms, raised €270,000 in a pre‑seed round led by Vitosha Ventures, with participation from angel investor Kerem Basak, to enhance its demand verification and lead‑scoring technology and expand across Europe and into the US.
Paris‑based startup Shiplog secured roughly $1 million in a pre‑seed round from investors including Kima Ventures and Project Europe to build Ada, an AI agent that provides real‑time, hyper‑personalised customer intelligence for B2B SaaS firms.
Zurich‑based startup Exclaim Robotics has emerged from stealth mode, securing a $4.95 million funding round to build autonomous robots that can perform routine repair and maintenance tasks in large data centre facilities.
UK‑based AI‑chip startup Olix secured a $312 million financing round led by Fundomo, boosting its valuation to $3.3 billion and positioning it to compete with Nvidia. The round will fund chip development and the company also hired former Wise CFO Matt Briers.
Berlin‑based startup Zelara is rethinking customer relationship management with artificial intelligence. The company has secured €3 million in funding to build its AI‑powered SaaS CRM solution and plans to use the capital for product development and scaling.
UK‑based inforcer, a unified Microsoft security and AI management platform for managed service providers, secured $50 million in a Series C round led by Insight Partners, with participation from Meritech Capital and Dawn Capital, to accelerate product development and global expansion.
The article discusses a new trend in Europe where venture capitalists are assuming operational roles at the companies they back. It highlights examples such as Judith Dada becoming co‑CEO of AI startup Langdock and Carmen Alfonso Rico taking a VP of business operations role at British chip startup Fractile, while both continue their investor responsibilities.