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Startups

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

Activision will make the next Halo game as Xbox cuts 268 more jobs

Startups

Xbox Cuts 268 Jobs as Activision Takes Over Halo Development

Microsoft's gaming division is eliminating hundreds of positions and reshuffling its studio portfolio, with Activision now tasked with developing the next Halo title while Ninja Theory faces potential closure.

Heidi raises $340m and doubles its valuation to $900m

Startups

Heidi doubles valuation to $900m with $340m funding split between equity and revenue-share deal

The Melbourne-based clinical AI platform has secured $340m in new capital, with only $100m as traditional equity investment. The remainder comes through an innovative revenue-sharing instrument from General Catalyst that requires no shareholding.

Cyera has now raised $1.4bn this year to police AI agents

Startups

Cyera Lands $400M from Goldman Sachs to Expand AI Agent Security Across Regions

The data security startup has now raised $1.4 billion in 2024, bringing its total funding past $2 billion while maintaining its $12 billion valuation through a flat extension led by Goldman Sachs Alternatives.

EWOR names a San Francisco team as US applications surge 237%

Startups

EWOR Expands to San Francisco as US Founder Interest Surges

The ultra-selective founder fellowship has assembled a new US leadership team led by Oscar-winning filmmaker Charles Ferguson, responding to a 237% spike in applications from American entrepreneurs.

FintechOS raises $28M in equity and debt after turning profitable

Startups

FintechOS Lands $28M in Fresh Capital After Reaching Profitability

The Romanian-founded, London-based fintech platform provider has secured a mix of equity and debt financing to fuel expansion in North America and Europe, following a profitable first half of 2026.

Morphotonics raises more than €40M to scale waveguide manufacturing for AI glasses

Startups

Morphotonics secures €40M to ramp up waveguide production for smart glasses

The Veldhoven nanoimprint lithography specialist has closed its Series B funding round with backing from 3M Ventures, state-backed Invest-NL and the European Investment Bank, aiming to scale manufacturing of optical components for AR and AI eyewear.

Lightspring raises €3.5M to tackle photonic chip manufacturing bottleneck

Startups

Lightspring's €3.5M push to simplify photonic chip assembly

The French deeptech firm has secured funding to industrialise 3D lithography for optical interfaces, addressing a manufacturing bottleneck that consumes half the cost of photonic chips.

Spott secures $21M Series A to expand its AI platform for recruitment agencies

Startups

Spott lands $21M to scale AI recruitment platform across Europe and beyond

The Leuven-based startup has secured Series A backing from Balderton Capital to expand its AI-native ATS and CRM system for recruitment agencies into new markets and enterprise segments.