Copenhagen Fintech Franklin Secures €1.6M Seed Funding to Democratise AI-Powered Finance for E-Commerce
Franklin, a Copenhagen-based fintech, raises €1.6M to bring AI-powered finance to e-commerce businesses
Artificial Intelligence
Italy Aims to Build European AI Gigafactory as Details Emerge in Coming Weeks
Italian bid for European AI gigafactory to be defined in coming weeks
Palo Alto AI Startup Nace.AI Secures $21.5 Million in Seed Funding
Nace.AI, a Palo Alto-based company, raised $21.5 million in seed funding in May 2025. The company is developing a hypernetwork-generated model that produces parameter adaptations for a model at inference time from a company’s policies.
Dutch AI Startup OpenRouter Secures 113 Million Dollars in Series B Funding Round
OpenRouter, a Dutch AI startup, raised 113 million dollars in Series B funding from investors including Nvidia, Snowflake, and Databricks
Vienna-based Eye Tracking Startup SOMAREALITY Raises €3 Million in Series A Funding
Vienna-based SOMAREALITY secures over €3 million to power real-time cognitive monitoring through eye tracking
UK Fintech Startup Cleo Faces Toxic Workplace Culture Allegations From Staff
Cleo, an AI-powered fintech company, is facing allegations of a toxic workplace culture from its employees.
Trimaranix Launches as Southeast Europe’s Largest Agentic AI Consultancy
Trimaranix launches as one of Southeast Europe’s largest agentic AI consultancies
Polish State-Backed Vinci Invests $11 Million in AI Startup ElevenLabs
ElevenLabs, a Polish AI startup, received an investment of $11 million from Vinci, a Polish state-owned venture capital firm, and launched AI Lab Poland to support other AI startups
Cargofy Secures $11 Million Series A to Expand AI-Powered Logistics Operations Across Europe
Cargofy raised $11 million in Series A funding to scale AI workers for logistics
Swedish AI Startup Zaplar Joins Y Combinator’s Latest Cohort
Zaplar, an AI company, has been accepted into Y Combinator, a prestigious startup incubator. The company’s four founders are leaving their university studies to focus on the company.