German FinTech Startup Augustus Achieves Unicorn Status
German FinTech startup Augustus has become a unicorn, joining the elite group of billion‑dollar valued companies.
€100M+
Mistral AI pursues €3 billion Series D at €20 billion valuation with EU backing
French AI startup Mistral AI is pursuing a massive €3 billion Series D financing, potentially led by the EU Scaleup Fund, pushing its valuation to about €20 billion and positioning the company as Europe’s answer to Palantir.
Salesforce Acquires Berlin-Based Contentful in €1.55 Billion Deal
German content‑infrastructure startup Contentful was bought by US cloud giant Salesforce for about €1.55 billion, marking a major exit for the Berlin‑based company.
Cambridge AI Startup CuspAI Secures $450 Million Series B to Accelerate Materials Discovery
CuspAI, a Cambridge‑based AI startup that designs new materials for clean energy and semiconductors, raised $450 million in a Series B round, bringing its total funding to over $670 million and valuing the company at $2.6 billion.
Mollie Commits €350 Million to European Expansion and Superapp Development
Dutch fintech Mollie is committing €350 million to accelerate its European expansion, positioning itself as a multi‑service platform for merchants. The plan includes hiring, product development and market entry across the continent, reflecting the company’s shift from a single‑service payment provider to a broader superapp model.
London-based AI startup Applied Computing secures $20 million to expand into US energy market
Applied Computing, a London-based AI company building foundation models for energy operators, raised €17.4 million ($20 million) in a funding round led by KBR and Databricks Ventures. The company also opened a new office in Houston, Texas, marking its formal entry into the US market. The funding will support expansion, commercial deployment, and AI research.
London Robotics Startup Humanoid Targets $1bn Valuation with $200m Funding Round
Humanoid, a London-based robotics startup, is in talks for a $200m funding round that would value the company at approximately $1bn. The deal involves Saudi Arabian oil giant Aramco.
Finnish AI Defense Startup NestAI Secures €100m to Build Europe’s Own Military AI Models
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.
UK Data Centre Delays Test Nscale’s £2bn Essex Expansion as Grid Capacity Becomes Bottleneck
Nscale’s flagship UK data centre project is delayed due to grid capacity issues, with the company seeking alternative power solutions. The project, part of a $5bn funding-backed expansion, aims to provide Nvidia GPUs to clients like Microsoft.
Munich Defense Tech Startup Helsing Raises $1.8 Billion in Series E Funding Round
Helsing, a Munich-based defense tech startup, secured $1.8 billion in a Series E round led by Dragoneer, Lightspeed, and Goldman Sachs. The funding will expand its AI-powered defense systems, including autonomous drones and underwater surveillance, while maintaining European ownership despite global investor interest.