The Anna app for parents of children with non‑profit foundations (NPF) has attracted 10,000 users in six months without any marketing spend. The founders, Tommy Jacobson and Karl-Johan Persson, are now investing an additional 5 million SEK to boost the app’s growth.
Qdrant, a Berlin‑based vector database startup, revealed it will expand its focus from software‑only vector search to physical AI applications, signalling a new chapter for the company.
A French refrigeration specialist, Syclef Holding SAS, is set to acquire four Romanian refrigeration firms—Unicool, Acsa Coolteam, Horeco Impex and Frigoclima—through its newly created Romanian arm. The deals cover both commercial and industrial refrigeration segments and involve companies with combined revenues exceeding €35 million. The acquisitions are part of Syclef’s broader European expansion strategy, backed by private‑equity investor Ardian.
In an interview with Tech.eu, DeepL’s founder and CEO Jarek Kutyłowski explained why the company is not rushing an IPO, emphasizing the benefits of staying private at this stage.
German HR‑tech startup WorkMotion announced that its annual revenue has grown to €213.7 million, marking a significant financial milestone for the company.
Finnish startup Verda has raised billions of euros, becoming a unicorn, and will construct a large data centre in Sundsvall, Sweden, backed by investors such as By Founders, to support faster AI development.
n8n’s chief executive Jan Oberhauser said the startup aims to attract one billion users worldwide without expanding beyond a thousand staff members, signalling a focus on scalable, lean growth.
FintechOS, a London‑based B2B fintech startup founded in 2017, announced a $28 million equity and debt raise from existing investors including Bek Ventures, IFC, Cipio Partners, Molten Ventures and a debt facility from Santander. The company, which has raised over $150 million to date, will use the capital to grow its US presence, win more European customers and further develop its AI‑driven software platform for banks and insurers.
The European Investment Fund has committed €25 million as the anchor investor for PYXIS Entertainment Ventures’ new European Movie Boost Up Fund, which aims to raise €85 million to support the development and production of European films.
European nuclear‑energy startup Newcleo is set to become a publicly traded company on the Nasdaq after completing a SPAC merger with NewHold Investment Corp. III. The deal, valued at a pre‑money $2.4 billion and backed by a $429 million PIPE and trust cash, is expected to close on 21 September 2026, with shares trading from 22 September. The financing will support Newcleo’s rapid expansion in the U.S. market.