Section

The Scene

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

Apollo-backed Brightspeed seeks up to $3B from creditors for fibre

Startups

Apollo's Brightspeed seeks billions from creditors as rural fibre provider faces bankruptcy

The US broadband operator is negotiating with lenders for $2B to $3B in fresh funding as it grapples with $10B in debt and potential insolvency.

· 2 min read

Startups

Green Voltis secures €13.5M to expand AI-driven battery trading across Europe

Stockholm's energy tech firm has closed a Series A round to scale its artificial intelligence platform for managing renewable storage and grid operations, while building a new business connecting data centres to flexible power infrastructure.

Denmark's EIFO joins TEKEVER's $580M Series D as company expands into Odense

Startups

Portuguese Defence Tech TEKEVER Plants Nordic Flag in Odense with $580M Series D Close

TEKEVER, an AI-driven autonomous systems company, is establishing its first Nordic operations hub in Denmark's robotics heartland, backed by a fresh injection from the country's export fund.

Unveiled at ROSCon: the easiest way to bring Arduino I/O into ROS 2

Studios

Arduino's dual-brain board brings microcontroller I/O directly into ROS 2

At ROSCon, Arduino unveiled a new open-source library that lets developers write ROS 2 nodes directly on microcontroller firmware, eliminating the need for custom serial protocols and bridge middleware.

Startups

Finnish power conversion startup Vensum raises €9M to scale AI data centre technology

Espoo-based deeptech firm Vensum Power has closed a Series A funding round led by Lifeline Ventures, Larsen & Toubro Group and Eviny Ventures, bringing total capital to €15.2 million as it prepares for industrial production in 2027.

European VC investment hit a record €11.5bn in the first half of 2026

Startups

European venture capital surges to €11.5bn in first half of 2026 as geopolitical shifts redirect investment

Invest Europe data reveals record half-year venture funding alongside a dramatic surge in defence investment and growing investor appetite for European markets amid US trade tensions.

From fallen leaves to factory floors: How Releaf is making alternative paper commercially viable

Startups

Releaf transforms urban leaf waste into industrial paper feedstock, partnering with established mills

The Ukrainian-founded, Paris-based deeptech company is proving that alternative fibres can integrate into existing paper manufacturing infrastructure without requiring entirely new production ecosystems.

OpenAI “catalyst” for startups, says European executive, amid startup application layer concerns

Startups

OpenAI positions itself as startup enabler despite building rival products

OpenAI's European executive acknowledges tension with startup clients as the AI giant moves toward owning applications rather than just licensing models.