Startups and technology

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The Oberlo veterans taking on Europe’s restaurant supply chain raise €20M

Lithuanian food marketplace Saltz pulls in a €20M Series A backed by the EBRD, Inovo, Lifeline, and a roster of Baltic tech founders, to digitalise how restaurants across Europe source their ingredients. When Andrius and Tomas Šlimas sold their dropshipping platform Oberlo to Shopify in 2017, they could have sat out the next decade comfortably. […]

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Italy’s Mirai Robotics raises $4.2M to build autonomous vessels for the ‘blue economy

A Puglia-based startup founded by the man behind aircraft maker Blackshape has closed a pre-seed round to build software-defined ships and maritime AI. The ocean, it argues, is the last major physical environment not yet governed by software. Mirai Robotics, a startup headquartered in Puglia, southern Italy, wants to change that. The company has closed […]

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Nscale raises $2bn Series C at $14.6bn valuation

The UK hyperscaler has now raised over $4.5bn across equity rounds in less than six months, and says it is the largest Series C ever closed in Europe. That claim deserves scrutiny. When Josh Payne founded Nscale, the company was barely a year old, and the world’s appetite for GPU compute had not yet tipped […]

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Augur raises $15m from Plural to turn existing surveillance infrastructure into real-time intelligence

A London startup founded by the creator of safety app Path is betting that the cameras and sensors already deployed across Europe’s transport hubs, stadiums, and power stations are gathering dust when they matter most. In the first week of February 2026, anarchists severed electrical cables near Bologna on the opening day of the Milan–Cortina […]

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Munich’s Telura exits stealth with €4M to make deep geothermal economically viable

Telura has come out of stealth with €4 million and a bold claim: it can make deep geothermal economically viable almost anywhere on Earth. The problem with geothermal energy has never been the heat. The Earth’s core sits at roughly 5,000 degrees Celsius, and the thermal gradient beneath the surface is consistent enough that, in […]

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DealFlowAgent raises $750,000 to automate small business M&A

A seed-stage investment bank for small business M&A raises $750,000 from the backers of Uber and SpaceX. The market they’re targeting is enormous. The question is whether they’re early or right on time. Most people who sell a business do it once. They don’t know the going rate, they don’t know which buyers are serious, […]

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Oslo’s Unleash raises $35M to govern AI-generated code as European enterprise bets grow bolder

The Norwegian startup claims its open-source feature management platform can give developers a safety net, just as AI-written code outpaces the humans reviewing it.  For a city better known for sovereign wealth than software venture capital, Oslo has been producing a notable crop of enterprise startups. The latest to catch growth-stage attention is Unleash,  formally […]

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Swedish data startup Validio raises $30M to fix the AI readiness problem nobody talks about

The Stockholm company has spent six years building infrastructure that ensures enterprise data is actually fit for AI, and it has just secured $30M to make that case globally. The pattern is familiar to anyone who has spent time around enterprise technology: a company announces an ambitious AI programme, spends months on pilots, and then quietly […]

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Mutable Tactics raises €1.8 million in a pre-seed fund to develop drone automation with AI

Mutable Tactics, a UK-based defense-tech startup, just raised €1.8 million in a pre-seed fund round to develop an AI software that enables drone team collaboration for autonomous operation and decision-making when communications are lost or unreliable. This software will improve the military intents by closing the decision layer between the human operator and the robot, […]

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Oxa secures $103M Series D first close to scale autonomous vehicles for industrial logistics

Oxford-based autonomous vehicle software company Oxa has raised $103 million in the first close of its Series D round to expand deployment of its industrial self-driving platform. The round includes a $50 million commitment from the UK National Wealth Fund, alongside investments from NVentures (NVIDIA’s venture arm), IP Group, Hostplus, and bp Ventures. The capital […]

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