Section
The Scene
The Scene on Europa Now: European startups, product studios and the cities where the continent's tech culture actually happens.
Startups
TechWolf's Ghent Exit: Why the Flywheel Effect Matters for Belgium's Tech Hub
As SAP closes its acquisition of the Ghent-based AI startup, co-founder Jeroen Van Hautte emphasizes how the city's ecosystem of serial entrepreneurs and investors will shape its future.
Startups
Vessla Launches AI Platform for Property Management with $3.3M Pre-Seed Round
The Stockholm startup has raised funding from Seedcamp and other backers to automate workflows across property operations systems used by residential and commercial managers across the Nordics.
Startups
Microsoft exits UK data centre deal as Nscale races toward IPO
The cloud infrastructure startup faces grid power delays stretching into the 2030s at its Essex facility, even as it pursues a multibillion-dollar public offering.
Startups
Ericsson beats expectations with 7% organic growth, restructures Asian operations
The Swedish telecom equipment maker reported third-quarter adjusted EBITA of SEK 10.1bn, well ahead of analyst forecasts, as incoming CEO Per Narvinger signals challenges ahead from component costs and a flat RAN market.
Startups
Berkshire Hathaway doubles down on Bending Spoons with $330m fresh investment
Warren Buffett's conglomerate is pouring another $330 million into the Milan-based software acquirer, bringing its total stake to 4% and signalling confidence in the company's buy-and-build strategy.
Startups
Anduril values itself at $90bn in employee share tender across 16 nations
The defence technology firm is opening its first multinational secondary offering, allowing staff worldwide to cash out at $94.80 per share. CEO Brian Schimpf defended the company's government ties amid scrutiny of co-founder Palmer Luckey's Trump administration appointment.
Startups
OpenAI in talks to acquire Trail of Bits, security-focused open-source auditor
The AI company is negotiating an early-stage deal with the firm behind Patch the Planet, a joint initiative to identify and remediate vulnerabilities in widely-used software projects.
Startups
RapidCanvas secures $29M Series B to expand AI app development for enterprises
The Austin-based startup, which combines an AI platform with field engineers to build custom business applications, has now raised $52.5M total with backing from Vertex Ventures SEA & India and Hitachi Ventures.