Section

The Scene

The Scene on Europa Now: European startups, product studios and the cities where the continent's tech culture actually happens.

Intrepid Growth Partners closes a $525m AI fund with state money from four countries

Startups

State-backed capital powers Intrepid's $525m AI fund across Canada and Britain

The newly closed growth fund draws backing from over 80 limited partners, including sovereign wealth funds and government agencies from four countries, signalling official commitment to AI investment in the Canada-UK corridor.

Open Cosmos raises €300M to scale satellite manufacturing across four European factories

Startups

Open Cosmos secures €300M to scale European satellite production across four manufacturing hubs

The UK-based space infrastructure firm has landed its largest funding round yet, backed by a consortium of European investors, to expand manufacturing capacity and develop connectivity and data services atop its own satellite networks.

Fastweb+Vodafone backs Italian insurtech Mama Insurance in new funding round

Startups

Fastweb+Vodafone backs Italian insurtech Mama Insurance in expansion push

The Italian platform has raised fresh capital to move beyond home insurance into broader personal coverage and SME products, building on backing from the telecom giant and Founders Factory.

Six months and 2,000 lessons later: what MuseCool has learned about music education

Startups

MuseCool's AI Listens to 2,000 Music Lessons and Discovers What Teachers Actually Do

The UK startup has built an audio AI system that transcribes lessons and understands the music itself, accumulating data that could reshape how conservatoires teach and researchers study music pedagogy.

Startups

Stockholm Security Firm Freya Industries Closes €532K Round to Expand Drone Detection Across Europe

The Swedish sensor and software maker has secured oversubscribed funding from a consortium of Nordic and European investors to scale production and team headcount as it rolls out across five markets.

Firmus is seeking $5bn in its Australian float after doubling its valuation to $10.5bn

Startups

Firmus eyes $5bn Australian listing as valuation doubles in five months

The Singapore-headquartered data centre operator is pursuing one of the largest floats on the Australian Securities Exchange, backed by major contracts with OpenAI and infrastructure commitments across Southeast Asia.

Chift raises €10.5M Series A to scale financial connectivity across Europe

Startups

Chift secures €10.5M to unify Europe's fragmented financial software landscape

The Brussels fintech has closed its Series A round to expand its API-based connectivity platform across the continent and strengthen its artificial intelligence offerings.

Custodea secures €350K to give European SMEs greater control over their data

Startups

Custodea lands €350K to help European SMEs reclaim control of fragmented business data

The AI data platform consolidates information scattered across accounting, HR and CRM systems, letting smaller companies build analytics and AI applications without losing sovereignty over their data.