Italian Travel Tech Startups Take Center Stage at Milano Investor Pitch Event
Associazione Startup Turismo organized a Travel Investor Day event in Milano, where 11 startups in the travel tech sector pitched to investors
SaaS
Wix Announces Major Restructuring with 20% Workforce Reduction
Wix is laying off 20% of its workforce, affecting 1000 employees, due to a shift in growth and efficiency efforts.
Dutch Startup Office.eu Gears Up for Launch as European Office Suite Alternative
Office.eu, a Dutch startup, is preparing to launch a European alternative to Microsoft Office and Google Workspace, with 30,000 interested parties signed up for early access.
Balderton Capital and AVP lose strike-out hearing in Cognism founder dispute
Balderton Capital and AVP lost a hearing in an unfair prejudice case brought by Cognism’s former CEO and founder
Poppulo Acquires French SaaS Company Sociabble in Strategic Move
American company Poppulo acquires French company Sociabble
San Francisco Product Manager Builds AI-Powered Postcard App in Four Hours
Priscilla Tina, a product manager from San Francisco, built a postcard app called Postcard Press using AI in four hours. The app allows users to upload photos, write messages, and send postcards without the need for stamps or a trip to the post office.
Polish AI startup Autentika tests whether artificial intelligence can truly slash software development costs
Autentika tested the claim that AI can reduce software production costs by 10-100x on 4 real projects
London Beauty Tech Startup Fresha Raises $80m from KKR to Achieve Unicorn Status
London-based Fresha, a beauty and wellness software startup providing appointment booking, payments and business management solutions for salons, spas and wellness operators, raised $80m from KKR at a valuation exceeding $1bn, achieving unicorn status. The company is already profitable and plans to use the capital for international expansion and AI tool development.
LLYC Opens Innovation Lab Offices in Lisbon, Establishing New Model for Global Network
LLYC inaugurated new offices in Lisbon designed as an innovation laboratory for the global network. The new workspace emphasizes multidisciplinary team integration, flexible work models, and hybrid solutions. Portugal was chosen as the first location to adopt this new office model due to the maturity and growth of the operation.
Romania Launches Swiss-Backed SME Eco-Tech Platform to Finance Green Manufacturing Transformation
Romania launched the SME Eco-Tech platform on May 21, 2026, a Swiss-funded financing program with a budget of 288.8 million RON (54 million CHF) designed to support green and digital transformation of small and medium-sized manufacturing enterprises. The application period opens May 26, 2026, on a first-come, first-served basis, with funding through five partner banks. Minimum project value is 668,100 RON, with at least 40% of eligible expenses dedicated to green or digital investments.