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Startups

Startup coverage on Europa Now: rounds, pivots and the European companies growing up in public.

Rayon raises €10M Series A to expand AI-powered interior design platform

Startups

Rayon lands €10M Series A to bring 3D and deeper AI to browser-based design

The interior design platform has secured funding led by Partech to expand its AI-powered drawing tools and add 3D capabilities, bringing its total raised to nearly €16 million.

Swedish machine fitness tracker IPercept raises $16.5M

Startups

Swedish predictive maintenance startup IPercept secures $16.5M to expand into US market

IPercept, which monitors CNC machine health through AI-powered motion analysis, has closed its Series A round led by Isogon Ventures and 2150, with backing from existing investors including Luminar Ventures and AI.Fund.

Checkout.com says annualised net revenue hits $750M, as releases selective group financial figures

Startups

Checkout.com hits $750M annualised revenue as payments giant charts path to $150M profit

The London-based payments processor reports 28% year-on-year growth and signals aggressive expansion into AI-driven commerce tools.

Startups

Klang Secures €1.32M to Build Searchable AI Memory from Conversations

The Swedish startup has closed a funding round at a €13.2 million valuation, backed by investor Johan Lenander and founders from Refined and Position Green. The capital will fuel development of proprietary speech models and expansion across Northern Europe, Benelux, the DACH region and Japan.

TakeMe2Space to launch AI computing satellite on SpaceX rocket on 1 October

Startups

Indian startup TakeMe2Space launches AI satellite on SpaceX rocket in October

The Hyderabad-based company's MOI-1A orbital computing satellite will carry Nvidia chips and serve 23 customers when it lifts off on 1 October aboard a SpaceX rideshare mission.

Complaion raises €13.5M to simplify compliance for European SMEs

Startups

Complaion secures €13.5M to help European SMEs navigate compliance maze

The Italian compliance platform has closed a funding round led by Eurazeo and Italian Founders Fund, planning to expand its team and services across the continent.

Startups

Icelandic HR Platform 50skills Lands $6M to Scale AI-Powered People Operations

Reykjavík's 50skills has closed a $6 million funding round to expand its operating system that merges automated workflows, AI agents and human decision-making for HR teams across the Nordics and UK.

“Make robots fight instead of people”: Mykhailo Fedorov launches Army of Robots — and you could be its CTO

Startups

Fedorov's Army of Robots: Ukraine's Next Defence Tech Push Seeks CTO and Startups

The former Ukrainian defence minister is launching a new initiative to accelerate battlefield robotics through startup investment, in-house development, and military testing—positioning robots as a way to protect soldiers from the most dangerous tasks.