Tandem Health, a Swedish healthtech startup, has secured over 500 million SEK in venture capital from investors like Kinnevik and Northzone. The company’s AI-based healthcare journal tool has seen strong sales, with CEO Lukas Saari emphasizing a long-term growth strategy.
xFarm Technologies, an Italian agritech company, secured €36 million in Series C funding to scale its platform connecting geospatial AI, farm management, and regenerative agriculture for over 450,000 farms across 100 supply chains.
SoccerSolver, a Spanish startup specializing in AI-based software for sports and economic planning of professional football clubs, has raised 850,000 euros in pre-seed funding. The company will use the funds to accelerate technology development and expand internationally.
Amsterdam-based Promptwatch, an AI chatbot visibility optimization platform, raised a €6m seed round led by Berlin-based Seed + Speed Ventures. The company, which competes with Berlin’s Peec, has 17 employees, 2,000 users, and achieved €2m in annual recurring revenue 12 months after launch. Funds will support expansion into New York.
NestAI, a Finnish AI defense startup, has launched its first military AI models and secured €100m in funding led by Nokia and Tesi. The company aims to reduce Europe’s dependence on foreign defense tech by providing autonomous drone systems and battlefield orchestration tools. It partners with AMD, Finland’s LUMI supercomputer, and quantum startup Qutwo to optimize AI for edge computing.
Orange Polska has deployed five AI-powered assistants at the ‘Pomnik-Centrum Zdrowia Dziecka’ children’s health institute to provide rapid information and navigation support for patients, caregivers, and visitors.
Symbiote BCI, a Romanian startup founded by 24-year-old Mihai Simedrea, develops non-invasive neurotechnology to monitor brain activity for applications in automotive safety (e.g., detecting driver fatigue) and defense (e.g., drone operator training). The team uses dry electrodes and 3D-printed headsets, sourcing components from the US and manufacturing in China. The startup is self-funded and operates alongside founders’ full-time corporate jobs.
Oxylabs, a Vilnius-based data infrastructure platform, raised €113.6 million from Warburg Pincus at a €3.1 billion valuation. This marks its first external investment since 2015 and positions it as a leader in AI-era web intelligence. Funds will accelerate product development, global expansion, and strategic acquisitions.
Mimo, an AI startup, raised over 100 million SEK from Northzone to develop an AI assistant for auditors. In 2025, the company more than doubled its revenue from low levels, though continued investments led to increased losses.
SpaceXAI, owned by Elon Musk, launched Grok 4.5, an advanced AI model trained on NVIDIA chips with enhanced programming capabilities. The model is now available in Grok Build and Cursor but will be accessible in the EU by mid-July 2024.