Summary: Porsche unveiled the Cayenne Coupe Electric at Auto China in Beijing, a 1,139 hp electric SUV that does 0-60 in 2.4 seconds with up to 669 km WLTP range and 16-minute fast charging, starting at $113,800. It launches during the worst financial year in Porsche’s history, a 93% operating profit decline, a first-ever quarterly […]

Summary: Stanford professor James Zou is reportedly raising approximately $100 million at a valuation targeting $1 billion for a startup called Human Intelligence that applies AI to research on the human body, according to Bloomberg. Zou’s research includes an FDA-cleared cardiac AI (EchoNet), a Nature-published Virtual Lab that designed novel nanobodies, and a Virtual Biotech […]

Summary: Meta signed a multibillion-dollar, multi-year deal to deploy tens of millions of Amazon’s Graviton5 ARM CPU cores in AWS data centres for agentic AI workloads. The chips are general-purpose processors, not AI accelerators, handling the CPU-intensive inference and orchestration tasks behind real-time reasoning and multi-step agents. The deal is one piece of a procurement […]

Summary: Meta and Microsoft announced workforce reductions on the same day, April 23, affecting up to 23,000 positions combined. Meta is cutting 8,000 jobs (10% of staff) and cancelling 6,000 open roles effective May 20, while Microsoft launched its first-ever voluntary retirement programme offering buyouts to up to 8,750 US employees whose age plus years […]

For years, the web intelligence industry has been a reliable support system for major data-powered developments across industries. As big data kept getting bigger, the infrastructure requirements to ensure sustained data flow became harder. In recent years, AI has been taking the biggest leaps forward. The story of how the web intelligence industry responded to […]

As ​artificial ‍‌intelligence ​؜‍؜sys‍tems ؜‌sc‍‍ale ؜rapidly ‍⁠‍؜across ​‌enterprise ‍؜⁠environments, a ​cr‍iti‍cal ​⁠‌؜gap ؜is ​becoming ‌​⁠harder ؜‍to ​igno‍re: security ⁠؜‌؜is ​not ⁠evolving ​‌‍at ؜the ‌s‍‍ame ⁠‍pace ‌as ‌deployment. Organizations ⁠؜are ‍integrating ‍؜‍‌AI ⁠into ​‌pr‍oduct‍ion ؜‍​؜workflows, customer platforms, and ؜decision-making ؜⁠syst‍ems, but ؜many ؜still ؜lack ​؜robust ⁠frameworks ‍⁠‍to ؜ensure ⁠‍those ‍​systems ​‍​are ‍secure, trustworthy, and ‍res‍ilien‍t. This […]

The gap between finishing a course and actually being useful on a team, Denis Brovarnyy has seen it from both sides. And in an era where AI is reshaping every technical role, that gap is getting more expensive to ignore. Companies are no longer experimenting with AI. They are implementing it. And they need people […]

Summary: Europe’s effort to protect children online has collided with its own privacy architecture. The ePrivacy derogation allowing voluntary CSAM scanning expired on April 3 after Parliament voted 311-228 to reject its extension, the EU’s new age verification app announced April 15 was hacked in under two minutes, and the CSA Regulation (“Chat Control”) remains […]

In short: X-Energy raised $1.02 billion in the largest nuclear IPO on record, pricing at $23 (21% above range) on the Nasdaq, with shares surging 31% on opening to imply a $12 billion market cap. The offering was 15x oversubscribed. The same company failed to close a $1 billion SPAC in 2023. The difference is […]

In short: The US government’s 9.9% stake in Intel, acquired for $8.9 billion last August by converting CHIPS Act grants and Secure Enclave funds into equity at $20.47/share, is now worth approximately $36 billion after Intel’s stock surged 20%+ on a massive Q1 earnings beat. The $26.5 billion unrealised gain is one of the most […]

Summary: SoftBank Corp. plans to convert part of the former Sharp LCD factory in Sakai, Osaka into one of Japan’s largest battery production lines for AI data centres, with production expected within five years (~2031). The move completes a vertical integration stack spanning chips (Arm, Graphcore, Ampere), modular data centre manufacturing (Lordstown), energy generation (SB […]

Summary: Google is investing up to $40 billion in Anthropic ($10B cash now at $350B valuation, $30B conditional on performance targets) plus five gigawatts of compute over five years, bringing its total commitment to ~$43B. The deal arrives as Anthropic’s revenue hit $30B ARR (up from $1B in January 2025) and its secondary market valuation […]

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The post Weekly funding round-up! All of the European startup funding rounds we tracked this week (Apr. 20 – Apr. 24) appeared first on EU-Startups.

Either way, let's get you up to speed.

? Notable and big funding rounds

?? Verda raises $117M to scale AI cloud infrastructure built on clean Nordic power

?? Cloudsmith raises $72M Series C to secure the AI-era software supply chain

?? Arm subsidiary invests £50M into Raspberry Pi

?? AI scale-up BLP Digital secures $50M from Goldman Sachs

??‍?? Noteworthy acquisitions and mergers

??  Aleph Alpha to be acquired by Cohere

??  Legora snaps up Stockholm legal research startup Qura

?? €500 million Acquisition: SAGA Diagnostics acquired by Foundation Medicine, a subsidiary of Roche

?? doValue has acquired coeo Group for €354.3M

? Interesting moves from investors

? EU–Ukraine launches €160M defence innovation programme to unlock €400M in financing

? Balderton adds serial entrepreneur Phil Chambers to its partnership

?  London’s Passion Capital closes €46 million fourth Seed fund targeting AI and FinTech startups

?️ In other (important) news

❤️‍? Hello Inside pushes metabolic health into mainstream care with BARMER deal

?  Aikido launches Endpoint to secure AI-native developer workflows

?? What Happened on the First Day of the Tech.eu Summit London 2026?

??  What Happened on the Second Day of the Tech.eu Summit London 2026?

<!--td {border: 1px solid #cccccc;}br {mso-data-placement:same-cell;}--egora and Tandem Health CEOs reject Anthropic and OpenAI threat

? Recommended reads and listens

⚛️ The quantum bottleneck isn’t chips — it’s lasers, and Vexlum wants to fix it

? Fintech: 10 companies that raised the most in 2025

?? A Small Country With a Big Playbook: How Slovenia Is Rethinking Startup Internationalisation

? European tech startups to watch 

?? Nox Mobility raises €2M pre-seed to rethink Europe’s night trains

??  Wenite secures €1.8M to power the future of data-driven HR

??  Quillon raises $1.5M for audit-grade AI in accounting

?? QMatter secures $1.2M to tackle quantum scaling challenges

?? Zynt raises $500,000 pre-seed to drive signal-based B2B sales

On May 7-8, the EU-Startups Summit 2026 takes place in sunny Malta, bringing together around 2,400 founders, investors, and startup ecosystem leaders for two days of networking, inspiration, and knowledge-sharing.

We are excited to announce that Stefania Ditrani Seychell, recently appointed CEO at 1stCRWD Crowdfunding, will be joining the speaker lineup of the EU-Startups Summit 2026. With over 15 years of international experience across tech, travel tech, edtech, and SaaS, Stefania has worked with companies such as Google and Booking.com, supporting growth, market expansion, and strategic partnerships. Throughout her career, she has helped businesses scale revenue, refine go-to-market strategies, and navigate international markets, while also advising startups on investor readiness, positioning, and sustainable growth.

At the Summit, Stefania will give a talk titled “The Missing Layer in Startup Growth: Why Capital Without Structure Fails.” In her session, she will explore why access to funding alone is not enough to build successful startups, highlighting the importance of structure, strategy, and execution in turning capital into sustainable growth. Drawing from her experience across scaling businesses and advising founders, she will share practical insights into how startups can better prepare for and deploy funding effectively.

If you are interested in fundraising, scaling your business, and understanding what truly drives sustainable growth beyond capital, this session will offer valuable, experience-driven perspectives. Secure your ticket today and stay tuned for further updates on our event page!

OUR EVENT SPONSORS

Malta Enterprise is Malta’s economic development agency, facilitating economic growth, investment, and innovation by offering a range of support services for local and foreign enterprises setting up a productive presence in Malta. As a key player in Malta’s economic landscape, it contributes to the nation’s prosperiety by attracting investments, supporting businesses, and driving innovation, thereby reinforcing Malta’s position as an attractive destination for entrepreneurs and investors alike. Malta Enterprise actively cultivates a vibrant startup ecosystem, playing a pivotal role in fostering a conducive environment for startups and offering tailored support and incentives to empower emerging businesses.

M. Demajo Group is a leading business player in Malta, with a successful history spanning 115 years. The Group’s growth and diversification have resulted in a wide coverage of business sectors through a commitment to long-term results. M. Demajo Group’s workforce is 500 strong and their various activities have been developed through organic growth, acquisitions, partnerships, and startups. Its strong financial situation and ethical standards, its business reputation, and its renowned track record as a business partner are all key factors in its continued expansion.

The IONOS Cloud Start-up Program provides young companies with up to €100,000 in cloud credits for up to five years after their founding. Start-ups benefit from a sovereign IT infrastructure “Made in Germany,” offering 100% GDPR compliance and full legal certainty. IONOS Cloud guarantees technological freedom without vendor lock-in. Long-term support is also ensured: exclusive discounts after the first year enable a seamless transition into the IONOS Cloud ISV Partner Program. In this way, digital sovereignty becomes a strategic competitive advantage from founding to scaling.

The post 1stCRWD CEO Stefania Ditrani Seychell joins the EU-Startups Summit 2026 speaker lineup appeared first on EU-Startups.

Erdŏgan has 15 days to sign the bill into law. The legislation enters into force six months after publication in the Official Gazette. The main opposition CHP criticised it as a political censorship tool rather than child protection. Turkey has previously blocked Instagram, Roblox, and restricted platforms during the İmamoglu protests. Turkey’s Grand National Assembly […]

“We are delighted to start a new chapter for Gett operations in the UK with Lyft,” says Matteo de Renzi, CEO of Gett. “I’m confident that under this new ownership, the team at Gett by Lyft will continue to reach new heights, for the benefit of all our customers, drivers, and partners.”

Across 2026, mobility and transport-adjacent activity provides good context for Lyft’s acquisition and the broader ecosystem they are entering.

• Germany: Dresden-based Additive Drives raised over €25 million to expand high-performance 3D-printed electric motor technology; Munich-based HeyCharge received a €2.5 million EIC grant to scale offline EV charging across Europe; Munich-based TWAICE secured a €24 million EIB loan to scale predictive battery analytics for energy storage and electric vehicles; and Berlin-based Nox Mobility raised €2 million to develop private-room night trains as an alternative to short-haul flights.
• UK: Wayve, which raised €1 billion to move its embodied AI autonomous driving platform towards scaled commercial deployment; London-based GIN e-bikes, which secured €215k in debt funding to expand its PLUTO e-bike subscription service
• Elsewhere: Paris-based Decade Energy secured €22 million to scale depot power infrastructure for electric road transport; and Kortrijk-based Magnax secured €35.5 million to industrialise axial flux motor technology for e-mobility and other applications;

In M&A, it was also reported that Salzburg-based BENTELER Group agreed to acquire Frankfurt-based ioki to build an integrated autonomous public transport platform. The disclosed 2026 funding across these selected rounds totals around €111 million excluding Wayve’s €1 billion Series D.

In this context, Lyft’s planned acquisition of Gett sits alongside European activity in autonomous driving, public transport software, fleet electrification, EV charging, electric propulsion, battery analytics and shared mobility.

“With Gett, Lyft is expanding its coverage of London’s full ground transport ecosystem,” said Jeremy Bird, EVP of Global Growth at Lyft. “This milestone reflects Lyft’s commitment to the London market and our belief in its long-term potential. Adding Gett to Lyft’s ecosystem positions Lyft as the leading app for London black cabs.”

Founded in 2010, Gett claims to have three-quarters of Tfl registered black cab drivers on their network, with pick-up times averaging less than 4 minutes from Central London. The company also says that over 50% of the black cabs registered with them are zero-emission capable.

Once the acquisition is finalised, Lyft will add Gent to its growing mobility platform, which includes Freenow (acquired by Lyft mid-2025); the provision and maintenance of the bikes and stations for Santander Cycles, including the software that powers them; and later this year will be testing autonomous rides in London with Baidu.

According to Lyft, this will make it one of the only platforms in the world offering both human-driven and autonomous rides in London.

Today’s acquisition advances Lyft’s sustainable global growth strategy by expanding “out” in more locations and “up” into more high-value segments.

The post Lyft agrees to acquire black cab app Gett in push for broader London ground transport offering appeared first on EU-Startups.

Q1 revenue of $13.6 billion beat the $12.4 billion consensus by 9.4%. Data Centre and AI revenue rose 22% to $5.1 billion. Non-GAAP EPS of $0.29 beat the 1-cent consensus by a factor of 29. The stock is up more than 80% this year. Intel is working with Elon Musk on his planned Terafab chip […]

Two parallel moves in 24 hours mark a significant escalation of the US-China AI war from chips and exports into capital and models.  China plans to restrict its leading technology companies, including top AI startups, from accepting US capital without first obtaining government approval, Bloomberg News reported on Friday, citing people familiar with the matter. […]