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

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.
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.

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.

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.

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.

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.

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.