The magazine of the European tech scene

Independent since 2024

EuropaNow

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The Scene

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

Getty Images files for bankruptcy, pushes ahead with plan to go private

Startups

Getty Images enters Chapter 11 as Getty family and Koch take control

The photo agency filed for bankruptcy in Delaware, with the Getty family and Koch Equity Development set to inject up to $533M and assume full ownership by year-end.
Legora’s valuation leaps to $8.8BN as raises $550M

Startups

Legora doubles valuation to $8.8B in $550M Series E, backed by Atreides and major institutions

The Swedish legal AI startup has raised fresh capital just six months after its previous round, with backing from Boston-based Atreides Management and a roster of blue-chip investors including Fidelity and JP Morgan.
Mika Games gets $10M boost to support mobile game developers

Startups

Mika Games lands $10M to back early-stage mobile studios with equity and marketing capital

The gaming investment firm, led by Wargaming co-founder Nick Katselapov, is filling a financing gap that prevents emerging developers from affording user acquisition campaigns.
Opply raises $7.5M to expand its agentic AI platform for CPG brands

Startups

Opply secures $7.5M to scale AI operations platform for consumer goods makers

The Berlin-based startup has closed a funding round to expand its agentic AI system that automates supply chain and procurement tasks for CPG brands across Europe and beyond.
Dutch photonics startup Photon Bridge raises €10M to tackle AI's looming laser bottleneck

Startups

Photon Bridge secures €10M to scale laser production for AI infrastructure

The Dutch photonics firm is addressing a critical supply constraint in AI data centres by developing lasers designed for semiconductor-scale manufacturing, with commercial samples arriving in 2027.
Scaleup Europe Fund leads $250M funding round in Pigment

Startups

Pigment secures $250M from EU's Scaleup Europe Fund at $2.3B valuation

The Paris-based business planning platform has closed its Series E round led by the EU's new €5bn investment vehicle, joining a portfolio that includes Mistral and Iceye.
Rulen secures €1.8M to turn tax rules into action with AI

Startups

Italian AI startup Rulen lands €1.8M to automate tax workflows across Europe

Rulen, an agentic AI platform automating tax and accounting processes, has closed its first funding round led by VC Partners. The Italian startup plans to scale its platform beyond manual compliance work and junior talent shortages plaguing the sector.
YGO secures €8M to scale its AI-powered travel infrastructure

Startups

YGO lands €8M to bring AI infrastructure to Europe's fragmented travel sector

The Berlin-based startup has built a platform that lets travel companies plug AI agents directly into their existing systems, bypassing costly intermediaries and connecting suppliers with emerging AI assistants.