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European startup news, interviews, and funding rounds.

Dublin’s AI TaxTech Startup Fonoa Raises €94.4 Million Series C and Buys PwC’s Tax Platform
NewsMay 29, 2026

Dublin’s AI TaxTech Startup Fonoa Raises €94.4 Million Series C and Buys PwC’s Tax Platform

Dublin‑based AI tax‑tech firm Fonoa announced a €94.4 million ($110 million) Series C round and the acquisition of PwC’s Indirect Tax Edge platform. The funding, led by Headline with participation from Eurazeo, Forestay Capital and existing backers, will fuel integration of Edge’s compliance...

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Dutch FinTech Silverflow Targets International Growth as Transaction Volumes Approach One Billion Annually
NewsMay 29, 2026

Dutch FinTech Silverflow Targets International Growth as Transaction Volumes Approach One Billion Annually

Silverflow, the Dutch cloud‑native payment processor, closed a €37 million ($40 million) Series B round and is now accelerating its international push. The firm has moved into larger headquarters, added more than 20% headcount and secured a new US client, while transaction volume...

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MokN Raises €12.9 Million to Combat Credential Theft as GV Makes Its First Investment in a French Startup
NewsMay 29, 2026

MokN Raises €12.9 Million to Combat Credential Theft as GV Makes Its First Investment in a French Startup

French cyber‑security startup MokN announced a $15 million Series A round led by GV, marking the venture firm’s first investment in a French company. The funding will accelerate development of its "phish‑back" platform, expand operations in the United States and the United...

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Barcelona’s Mafer AI Raises €2 Million to Build an AI Operating System for R&D Teams in Formulation Industries
NewsMay 29, 2026

Barcelona’s Mafer AI Raises €2 Million to Build an AI Operating System for R&D Teams in Formulation Industries

Barcelona‑based Mafer AI closed a €2 million (≈$2.2 million) pre‑seed round led by Kfund, 4Founders Capital and others to build MaferOS, an AI operating system for R&D teams in formulation sectors such as cosmetics, food, beverages, and specialty chemicals. The platform trains...

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Czech Startup Passwd Automates Access Management for Google Workspace Teams (Sponsored)
NewsMay 28, 2026

Czech Startup Passwd Automates Access Management for Google Workspace Teams (Sponsored)

Czech startup Passwd launched a tool that automatically syncs Google Workspace groups with credential access, turning role assignments into instant permissions. By linking access rights to existing organizational structures, the platform eliminates manual ticketing and reduces onboarding delays for new...

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Cash-Flow Positive Dutch EnergyTech Startup Eddy Grid Raises €7.5 Million After Nearly 900% Revenue Growth
NewsMay 28, 2026

Cash-Flow Positive Dutch EnergyTech Startup Eddy Grid Raises €7.5 Million After Nearly 900% Revenue Growth

Dutch EnergyTech startup Eddy Grid announced a €7.5 million (~$8.1 million) financing round, valuing the company at more than 20 times its 2022 worth. The round was funded almost entirely by existing investors, reflecting strong confidence in its cash‑flow‑positive model. Eddy Grid reported...

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London’s Orbital Industries Bags €43 Million to Build Industrial Hardware From the Atoms Up
NewsMay 28, 2026

London’s Orbital Industries Bags €43 Million to Build Industrial Hardware From the Atoms Up

London‑based Orbital Industries announced a €43 million ($50 million) Series B round led by Plural to scale its AI‑driven industrial hardware platform. The funding will accelerate development of its Orb simulation engine, a dielectric cooling fluid, and modular data‑centre units aimed at overcoming...

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Lithuania’s Kopa.ai Raises €2 Million to Scale Its Agentic AI Co-Pilot for E-Commerce Teams
NewsMay 28, 2026

Lithuania’s Kopa.ai Raises €2 Million to Scale Its Agentic AI Co-Pilot for E-Commerce Teams

Lithuanian AI startup Kopa.ai announced a €2 million (≈$2.2 million) seed round led by XTX Ventures and Practica Capital. The Vilnius‑based platform, which bills itself as an operating system for e‑commerce teams, already serves more than 2,000 merchants and posted €2 million in...

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Oxford-Based Caudal Energy Lands €4.9 Million to Develop Predictable Renewable Power From Tidal Flow
NewsMay 27, 2026

Oxford-Based Caudal Energy Lands €4.9 Million to Develop Predictable Renewable Power From Tidal Flow

Oxford‑based Caudal Energy, a University of Oxford spin‑out, announced a €4.9 million (~$5.3 million) funding round led by Oxford Science Enterprises and Empirical Ventures. The company is developing an oscillating‑foil tidal system that can operate efficiently in mid‑flow sites, potentially expanding the...

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Perplant Raises €1 Million to Equip Tractors with AI “Eyes” To Cut Herbicide Use and Boost Profits for Farmers
NewsMay 25, 2026

Perplant Raises €1 Million to Equip Tractors with AI “Eyes” To Cut Herbicide Use and Boost Profits for Farmers

Danish AgTech startup Perplant announced a €1 million ($1.08 million) investment round backed by angels, the Export and Investment Fund of Denmark, the European Space Agency and Innovation Fund Denmark. The company’s edge‑AI camera sensor, mounted on tractor roofs, claims to cut...

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Lithuania’s Backoffice Secures €150k to Build the Operating System for European Hospitality
NewsMay 25, 2026

Lithuania’s Backoffice Secures €150k to Build the Operating System for European Hospitality

Vilnius‑based startup Backoffice, which offers an all‑in‑one operations platform for restaurants, cafés and hotels, has raised €150,000 (about $163,500) from venture capital funds FIRSTPICK and Lost Astronaut. The funding will support its expansion across Europe and further product development. Backoffice...

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Finland’s Grundium Acquires Denmark’s Visiopharm to Build an End-to-End AI Precision Pathology Platform
NewsMay 25, 2026

Finland’s Grundium Acquires Denmark’s Visiopharm to Build an End-to-End AI Precision Pathology Platform

Finland‑based Grundium, a digital pathology scanner maker backed by EW Healthcare Partners, has acquired Denmark’s Visiopharm, a provider of AI‑driven precision pathology software. The deal merges Grundium’s compact Ocus® scanners with Visiopharm’s suite of nine IVDR‑cleared diagnostic algorithms, creating an...

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Málaga’s Magnific Launches €10 Million Fund to Help Creative Teams Turn AI Experiments Into Production-Ready Campaigns
NewsMay 22, 2026

Málaga’s Magnific Launches €10 Million Fund to Help Creative Teams Turn AI Experiments Into Production-Ready Campaigns

Magnific, the Malaga‑based AI platform formerly known as Freepik, has unveiled a €10 million (≈$10.8 million) Magnific Fund to help EU and UK marketing, advertising and in‑house creative teams move AI experiments into production‑ready campaigns. The programme offers a 30% discount on...

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Norway’s Roboxi Lands €13 Million to Transform Airport Airside Operations with Automation and Robotics
NewsMay 22, 2026

Norway’s Roboxi Lands €13 Million to Transform Airport Airside Operations with Automation and Robotics

Stavanger‑based Roboxi has closed a share issue that raised roughly €13 million (about $14 million) in new equity. The capital will be used to scale its AI‑driven airport airside automation suite, which includes foreign‑object debris (FOD) detection, runway lighting inspection, and wildlife...

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