Lisbon-based BIZAY, a technology platform for customized products, raised €48.75 million in Series D funding led by Indico Capital Partners. The company is on track to surpass €87.4 million in revenue and achieve profitability for the first time. Funds will support expansion in the US, market consolidation, and AI-driven infrastructure development.
TechnologyWire, a tech-focused press release distribution platform, launched to help startups gain visibility by providing direct access to major tech and specialized media outlets. The platform automates media outreach, optimizes content for SEO and geolocation, and integrates with tech publishers to streamline publication.
The outgoing CEO of Welcome to the Jungle has joined Alan, a French tech company.
RAMIS STEEL COMPANY SRL finalized a digitalization project funded by the EU’s PNRR program, receiving 242,757.20 RON in non-repayable funding to modernize operations and adopt digital technologies.
Bending Spoons, an Italian software company, achieved a $26 billion valuation after going public. The company specializes in acquiring mature applications (e.g., Evernote, WeTransfer) and transforming them through AI-driven optimization, cost reduction, and operational streamlining. It has identified over 1,000 potential acquisition targets, leveraging AI to automate development and reduce workforce redundancies.
The Polish Ministry of Digitalization and Ministry of Foreign Affairs added Odyseusz’s functionality to the mObywatel app, enabling citizens to access secure international travel tools directly through the government platform.
Blenda Labs, founded by Erik Wahlberg after his previous venture Frever was shut down, was acquired by music platform Epidemic Sound just six months after its launch. Wahlberg stated the acquisition happened earlier than planned.
Two former Spotify developers founded Encore to simplify life for developers. The company has now raised additional funding, with its valuation more than doubling to over 400 million Swedish kronor.
calltime founder Jonathan Kurth reveals the company has over 300 customers ranging from scale-ups to corporations and aims to double this number while increasing revenue per customer in the next year.
Hostinger introduced an AI-driven e-commerce platform enabling instant conversion of product images into purchase links, eliminating the need for a dedicated website. Last year saw a 4700% increase in AI-powered retail store visits, with 76% of Gen Z discovering products via social media.