Rubik Hub, a Romanian startup community, partnered with BBI Cambridge to support HealthTech startups through scholarships, international events, and access to investors. Three startups received MBA scholarships, and a UK-Polish Life Sciences Summit was announced for September 2026.
Sherpa.ai, a leader in AI applied to data privacy and security, announced a 15.75 million euro funding round to develop AI platforms for large corporations and governments, focusing on data sovereignty.
Thought Machine, a European fintech, has achieved $100m in annual recurring revenue (ARR). The company’s CEO plans to double this figure before pursuing an initial public offering (IPO).
Waymo, a Google subsidiary, has opened a subsidiary in France to deploy autonomous taxi services in Paris, marking its European expansion.
Ubtech Robotics launched its humanoid robot U1, emphasizing its realistic appearance and emotional simulation capabilities. Despite high pre-orders, the robot faces technical challenges in performing complex household tasks. The company aims to expand into Europe, leveraging its status as a pioneer in humanoid robotics. The product’s high price and current limitations position it as a niche luxury rather than a mass-market item.
Bhoof, a horsetech startup founded by Olympic equestrian Peder Fredricson, has increased funding and revenue but faces a declining valuation. The company plans to invest heavily in development during 2026.
Endra, an AI-driven construction tech startup, grew from a garage project to a 2.4 billion SEK valuation in 18 months. CEO Niklas Lindgren discusses the company’s rapid rise and strategies to disrupt the global construction industry.
The Dutch Ministry of Defence partnered with Intelic to adopt a software-first strategy for military drones, aiming to enhance interoperability and reduce deployment timelines. The three-year agreement focuses on integrating diverse drone systems using Intelic’s NEXUS command-and-control software, which has been tested in Ukraine.
Neko Health, a longevity-focused health company founded by Daniel Ek, has raised 265 million SEK in funding and opened a clinic in New York. The company continues to expand despite already having a substantial cash reserve.
Starling Bank, a UK challenger bank, announced plans to cut 130 jobs as part of a restructuring effort to streamline operations and accelerate AI-driven product development. The move follows a 3% decline in pre-tax profits to £217m and a revenue drop to £887m for the year ending 2025. The bank aims to enhance agility and reduce duplication while expanding its use of AI in banking services.