Section
The Scene
The Scene on Europa Now: European startups, product studios and the cities where the continent's tech culture actually happens.
Startups
Creandum reaches $750M milestone with eighth fund, expands US presence
The Stockholm-based early-stage investor has closed its largest fund to date, growing from its previous €500M vehicle, and is doubling down on transatlantic deal-making with a new San Francisco office.
Startups
Hello Group expands dating portfolio with majority stake in Amsterdam's Inner Circle
The Nasdaq-listed operator of happn and Coffee Meets Bagel has acquired a controlling interest in the curated dating platform, which maintains its independent brand and European base.
Startups
Veriff Co-founder and Wise Engineer Launch €2.9M AI Career Platform in Tallinn
Roleo, an Estonian startup pairing job seekers with opportunities through an AI agent, has closed its seed round led by Practica Capital. The platform monitors European tech roles and connects candidates with employers without requiring active job applications.
Startups
Hypersonica secures €100M to build Europe's sovereign hypersonic weapons
The British-German defence startup is racing to develop long-range missiles that travel at five times the speed of sound, reducing the continent's dependence on American military technology.
Startups
Marble lands $3.75M to automate work by learning from employees
The Munich-based AI startup has closed a pre-seed round led by Heartcore and Seedcamp to expand its platform that watches how workers perform tasks, then builds AI agents to handle them.
Startups
Instagram Dangling Half-Million-Dollar Deals to Lure YouTubers to New Long-Form Platform
Meta is offering select content creators between $50,000 and $500,000 to migrate their YouTube videos to Instagram Features, a 90-minute video format that currently generates no advertising revenue.
Startups
OpenAI slashes funding target by $10bn as investor appetite cools
The AI company has reduced its Series B goal from $30bn to $20bn after several backers scaled back their commitments amid a broader downturn in technology stocks.
Startups
Nvidia backs Nscale's West Virginia data centre with debt guarantee as AI cloud infrastructure faces headwinds
The chip maker is in talks to guarantee billions in debt for the UK cloud company's facility intended to serve Anthropic, though the deal remains unsigned and faces mounting construction challenges.