Artificial Intelligence

KPMG Portugal Launches Managed Services Division to Scale Enterprise AI Implementation

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KPMG Portugal announced the launch of its Managed Services division focused on helping organizations transform AI adoption from isolated pilots to scalable, governed operations. The launch is aligned with an IDC study showing 98% of business leaders consider AI implementation critical, 91% see Managed Services as relevant for agentic AI delivery, and 87% have integrated these models into their digital transformation strategies.

Portuguese Development Bank Distributes €72 Million in Advance Payments to Over 1,100 Companies

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Banco Português de Fomento made advance payments of 72 million euros to 1,113 companies under the IFIC program covering reindustrialization, defense and security, and AI sectors. This represents 30% of approved support, with remaining 70% to be paid upon validation of expenses during investment execution. The bank has approved projects for nearly 3,000 companies totaling over 2.2 billion euros in investment, with approximately 1,500 contracts currently in execution representing 436 million euros in eligible investment.

Israeli AI Agent Startup NanoCo Secures $12 Million Seed Funding to Build Enterprise-Grade AI Assistants

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NanoCo AI has raised $12 million in seed funding to commercialize NanoClaw, an open source enterprise-friendly AI agent harness. The company aims to provide enterprises with secure, one-to-one ‘professional assistant’ AI agents for each employee that build personalized knowledge graphs and execute tasks within sandboxed Docker environments. NanoClaw remains MIT Licensed open source while NanoCo AI offers managed commercial services.

Major French Companies Form AION Consortium to Compete for European AI Gigafactories Program

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A consortium of major French companies including investment firm Ardian, telecommunications company Orange, energy company EDF, consulting firm Capgemini, and others have formed AION to bid for the European AI Gigafactories program, representing France’s acceleration in AI infrastructure development

Warsaw AI Startup Viktor Raises €64.7 Million in Series A to Expand Enterprise Agent Platform

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Viktor, a Warsaw and Munich-based AI startup that develops an AI coworker operating in Slack and Microsoft Teams, raised €64.7 million in Series A funding led by Accel. The company has reached €12.9 million revenue run rate within 10 weeks of public launch in February 2026 and serves over 2,000 organizations globally.

Portugal Consolidates AI Gigafactory Plans in Sines, Scraps Secondary Pego Hub

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Portugal’s Iberian candidacy for a European Commission AI gigafactory project will concentrate all operations in Sines rather than establishing a secondary hub in Pego. The €8 billion investment from public and private funds will create an AI infrastructure facility with 150 MW computing capacity, expected to be fully operational by 2028. Spain’s location is Tarragona in Catalonia.

Swedish Digital Therapeutics Company Paindrainer Secures €550,000 in Growth Funding

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Paindrainer, a Swedish digital therapeutics company based in Lund, has raised €550,000 from existing shareholder Almi Invest, Tramontane Invest, and other existing and new shareholders. The company develops AI-powered digital platforms for chronic pain management, including its flagship PD Care System and the upcoming Relivra product powered by proprietary Artificial Neural Networks.

Dunia Innovations Unveils €280 Million Berlin GigaLab for AI-Driven Materials Discovery

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Dunia Innovations unveiled plans for Berlin GigaLab, a €280 million facility to industrialize AI-driven materials discovery. The 6,000 m² facility will integrate autonomous experimentation, AI-guided design, and industrial-grade characterization. Backed by an industrial consortium including Siemens, ABB Robotics, NVIDIA, AWS, and ILS, the facility is expected to create over 200 jobs and begin operations in 2028.