Enera, an AI-powered driver experience platform for electric vehicle charging, has raised $2 million in funding. The round was led by Lakehouse Ventures, marking the firm's first investment outside the US, with participation from Divergent Capital, Masia and a group of angel investors, including several founders from across the mobility and technology ecosystem.

As electric vehicle adoption continues to grow, charging reliability remains a key challenge for both drivers and operators. While charge point operators often report high charger uptime, a significant proportion of charging sessions still fail, creating a disconnect between network performance metrics and the real-world experience of drivers.

According to the company, one of the reasons for this gap is the industry's limited visibility into the causes of failed charging sessions. Customer support is frequently handled through outsourced call centres, making it difficult for operators to capture and analyse the information needed to identify recurring issues and improve service quality.

To address this, Enera has developed a platform that combines driver support interactions, telemetry data and backend system logs into a single operational view. Its AI-powered Control Room helps operators understand why charging sessions fail and identify where the customer experience is breaking down.

The platform also enables operators to deploy AI support agents that can assist drivers, troubleshoot issues, monitor charging networks and proactively intervene before problems escalate.

Operators can't see where their experience is breaking down, and users carry the cost. We are building the AI recovery layer for that entire category of infrastructure,

says Nicholas Marquardt, co-founder and CEO of Enera.

The company believes that improving the visibility of charging failures and automating support workflows can help operators increase charging success rates while providing drivers with faster and more effective assistance.

Enera will use the funding to accelerate pilots already underway with leading UK charge point operators and support its expansion across Europe. The company also plans to further develop its AI platform and expand its capabilities across driver support, network monitoring and operational insights.

Dutch healthtech startup OurMind has raised €2.1 million in funding to expand its AI platform for healthcare providers as demand from hospitals continues to grow. The round was led by 4impact capital, with additional participation from a group of general practitioners and medical specialists.

The investment comes at a time when healthcare systems are facing mounting pressure. Waiting lists continue to grow, administrative workloads are increasing, and healthcare professionals are working longer hours, contributing to declining job satisfaction across the sector.

Founded by former orthopaedic surgeon Paul Koning and backed by healthcare professionals, OurMind develops AI solutions designed to reduce administrative burdens and support clinicians before, during, and after patient consultations. The company works closely with hospitals and healthcare providers to ensure the safe and practical implementation of generative AI in clinical settings.

Healthcare professionals involved in the funding round believe wider adoption of supportive technologies is needed to help address growing pressure on the healthcare system and reduce burnout among medical staff. By automating time-consuming administrative tasks, the company aims to give healthcare providers more time to focus on patient care while helping preserve job satisfaction across the profession.

OurMind initially launched Notes, an AI-powered tool that converts consultation conversations into medical documentation. Today, the platform is used by more than 300 general practices and 14 hospitals.

The company is now expanding its offering with additional tools for consultation preparation, administrative support, and patient communication, while continuing to develop a broader AI platform that adapts to the needs of individual healthcare professionals.

The new funding will enable the company to scale its platform and meet increasing demand from healthcare organisations. Beyond supporting the adoption of AI, the company says its broader goal is to help ensure high-quality healthcare remains accessible despite growing workforce constraints.

Satispay, the Milan-based mobile payments company that became Italy’s second unicorn in 2022, is reportedly planning to raise up to €120 million ($139 million) in fresh funding. The round would fuel the fintech’s expansion beyond payments into stock and ETF trading, savings, investments, and pensions. Existing investors are set to vote on the round on […]

China’s Workers’ Daily, the official mouthpiece of the country’s umbrella trade union, has published a pointed editorial urging government agencies to protect labour rights as artificial intelligence spreads across the economy. The newspaper, which is published by the All-China Federation of Trade Unions, titled the piece: “With the AI wave surging, how can we build […]

Funding activity among European cloud companies in 2025 was characterised by a small number of large transactions alongside a broader range of early- and growth-stage rounds. The largest deals accounted for a significant share of the total capital raised, reflecting the substantial funding requirements of cloud and AI infrastructure businesses.

Geographically, funding activity was spread across Europe, with the Netherlands, Italy, Germany, Spain and the UK emerging as the most active markets. While Western Europe continued to dominate in terms of deal volume and capital raised, companies from Central and Eastern Europe also secured notable investments, highlighting the growing maturity of the region's cloud ecosystem.

Funding activity was concentrated in growth-stage companies, with Series A, Series B and Series C rounds accounting for the largest share of capital raised. At the same time, seed, pre-seed, convertible and other funding rounds indicate continued investment across earlier stages of company development.

The range of financing structures, including equity rounds and convertible notes, reflects the diversity of the sector, spanning both capital-intensive infrastructure businesses and software companies focused on cloud management, optimisation and automation.

Overall, the data highlights the diversity of Europe's cloud ecosystem, spanning AI infrastructure, sovereign cloud, cloud optimisation, developer platforms and data management technologies (for more detailed analyses of the European technology ecosystem, check out Tech.eu’s annual report: European Tech 2025 - The Big Picture).

Amount raised in 2025: $1.53B Nscale is an AI infrastructure company that provides a full-stack AI cloud platform, combining GPU cloud services, AI software tools and data centre infrastructure. Its platform enables enterprises, developers and governments to train, fine-tune and deploy AI models at scale, with a focus on performance, resilience and efficiency. In 2025, Nscale raised approximately $1.53 billion across two funding rounds ($1.1 billion in September and $433 million in October) to expand data centre capacity and support the growth of its global AI infrastructure. The company has continued its rapid expansion in 2026, securing approximately $4.19 billion in equity, debt financing and infrastructure funding commitments to accelerate the development of AI infrastructure worldwide.

Amount raised in 2025: $1B Nebius is an AI infrastructure company that provides cloud computing services designed for AI development and deployment. The company offers access to high-performance GPU clusters, cloud platforms and managed infrastructure that enable businesses, researchers and AI startups to train, fine-tune and run machine learning models at scale. Nebius combines purpose-built AI infrastructure with software tools and services aimed at supporting the full AI lifecycle, from model development to production deployment. In 2025, Nebius secured $1 billion for AI cloud platform development.

Amount raised in 2025: $108M Cast AI is a cloud optimisation and automation platform that helps organisations reduce cloud infrastructure costs and improve the performance of Kubernetes workloads. Using automation and machine learning, the platform continuously analyses cloud environments to optimise resource allocation, automate scaling and increase infrastructure efficiency across major cloud providers. Cast AI serves enterprises and software teams looking to simplify cloud operations while improving reliability and cost control. In 2025, Cast AI raised $108 million to help businesses run AI and Kubernetes workloads more efficiently. Cast AI became Lithuania's fifth unicorn in 2026, surpassing a $1 billion valuation following a strategic investment and expanding its cloud and AI infrastructure.

Amount raised in 2025: $45M NexGen Cloud is an AI infrastructure company that provides sovereign AI cloud services, GPU computing and large-scale AI infrastructure for enterprises, developers and AI startups. Through its Hyperstack platform, the company offers on-demand access to high-performance NVIDIA GPUs, enabling customers to train, fine-tune and deploy AI models at scale. Founded in 2020, NexGen Cloud focuses on delivering secure, scalable and sustainable AI infrastructure powered by renewable energy across Europe and North America. NexGen Cloud raised $45 million in 2025 to expand its hyperscale infrastructure globally, with a particular focus on building sovereign AI infrastructure across Europe.

Amount raised in 2025: €28.8M Impossible Cloud Network (ICN) is a decentralised cloud infrastructure platform that connects enterprise-grade hardware providers into a distributed network for cloud computing, storage and networking services. The company aims to offer a scalable alternative to traditional hyperscale cloud providers by leveraging underutilised infrastructure, enabling businesses and developers to access cloud resources with greater transparency, resilience and cost efficiency. In 2025, Impossible Cloud Network secured €28.8 million to become an alternative to “monopolistic hyperscalers”.

Amount raised in 2025: $21M E2B is a cloud infrastructure platform designed for AI applications and AI agents. The company provides secure, isolated cloud environments where developers can run code, execute tasks and build AI-powered workflows, enabling AI systems to interact with tools and external data safely. Its platform is designed to simplify the deployment of AI agents while providing the scalability and reliability required for production environments. E2B raised a $21 million Series A round in 2025 to expand its secure, scalable infrastructure platform for deploying AI agents in enterprise environments.

Amount raised in 2025: $10M Akamas is an AI-powered cloud optimisation platform that helps organisations improve application performance while reducing infrastructure costs. The platform continuously analyses application and cloud environments, automatically identifying and implementing resource configuration changes to optimise performance, efficiency and sustainability. Akamas is designed for enterprises running complex workloads across cloud-native and Kubernetes environments. In 2025, Akamas raised $10 million to fuel international growth, invest in product development and scale its cloud optimisation technology for enterprise environments.

Amount raised in 2025: $10M StackGuardian is a cloud infrastructure automation platform that helps organisations manage, provision and govern cloud resources across multiple environments. The platform combines infrastructure-as-code, policy controls and workflow automation to streamline cloud operations, improve compliance and reduce manual effort. Designed for DevOps, platform engineering and cloud teams, StackGuardian enables organisations to deploy and manage cloud infrastructure more efficiently at scale. StackGuardian raised $10 million in Series A funding in 2025 to accelerate its expansion across Europe and the US and further develop the AI capabilities of its infrastructure automation and orchestration platform.

Amount raised in 2025: €7.5M PoliCloud is a French sovereign cloud infrastructure company that develops and operates a network of modular micro-data centres for AI, high-performance computing and secure data storage. Its distributed cloud platform enables public institutions, enterprises and local organisations to run workloads on locally governed infrastructure designed to provide greater data sovereignty, energy efficiency and resilience than traditional hyperscale cloud models. PoliCloud raised €7.5 million in seed funding in 2025 to expand its sovereign cloud infrastructure platform, grow its operating team and support international expansion, with a particular focus on serving public sector organisations across Europe.

Amount raised in 2025: €3.3M Internxt is a cloud storage company that provides privacy-focused file storage, backup and file-sharing services. The company uses end-to-end encryption and a zero-knowledge architecture to ensure that users retain control over their data, while offering a secure alternative to traditional cloud storage providers. Its platform is designed for both individuals and businesses seeking greater privacy, security and data ownership in the cloud. Internxt raised €3.3 million in 2025 to expand internationally and further develop its privacy-focused cloud and digital services platform.

Meta has erected a data firewall between itself and Manus, the Chinese-founded agentic AI service it acquired for $2 billion in December 2025. Since the start of June, Manus and its staff have been barred from accessing Meta’s internal data systems, and Meta employees can no longer use Manus tools for internal projects, according to Bloomberg. […]

TurnUp, the Ghent-based startup helping dental and medical practices reduce no-shows and last-minute cancellations, has raised €2 million in a seed funding round led by Newion, with participation from RDY Ventures.

Missed appointments remain a costly challenge for healthcare providers. No-shows are estimated to cost the healthcare sector hundreds of billions of euros annually, while reception teams often rely on manual processes such as phone calls, waiting lists and appointment reminders to fill vacant slots at short notice.

TurnUp was founded in 2022 by Nicolas De Bruyne and Jona Decubber, with Koen Lepez joining as CEO in 2024 after initially investing in the company. The startup has developed an AI platform that integrates with existing practice management systems to predict no-shows and automate follow-up actions.

By analysing historical patient data, scheduling patterns and external factors, the platform identifies appointments at risk of being missed and proactively engages patients through targeted communications.

In addition to its predictive capabilities, the platform automates tasks such as appointment confirmations, cancellations, rescheduling and waiting list management. Its AI receptionist, Elissa, can contact patients across multiple languages and outside regular office hours, helping practices reduce administrative workloads and make better use of available appointment capacity.

Today, TurnUp serves more than 250 practices across Belgium, the Netherlands and the UK, covering more than 2,500 dentists. According to the company, the platform has helped prevent more than 500,000 no-shows while saving receptionists and practice managers tens of thousands of hours of administrative work.

We always start from the same question: how do we make sure every chair in a practice is filled? No-shows are the biggest obstacle to occupancy. In Belgium, the Netherlands and the UK, we've shown we can solve that problem. Now we want to do the same for every care practice in Europe and then the US. The scale is there,

says Koen Lepez, CEO of TurnUp.

The company will use the funding to expand its commercial operations, strengthen its technical team and accelerate growth in the UK, where it is already running a pilot programme with a group of 400 healthcare practices.

An Applied Digital subsidiary raised $1.59 billion in the high-yield bond market on Tuesday to fund a fourth building at its Polaris Forge 1 campus in North Dakota, which will provide 150 megawatts of computing capacity for CoreWeave under a 15-year contract. The bonds were priced to yield 7%, a steep drop from the 10% investors demanded […]

In this exclusive interview, Janne Hietala, CEO of Kelluu, discusses how his company is pioneering the use of autonomous, hydrogen-powered airships to revolutionise aerial monitoring.

Unlike traditional drones or satellites, Kelluu’s fleet delivers persistent, high-accuracy environmental data in extreme conditions – from Arctic temperatures to GPS-denied environments. Learn how these near-silent, emission-free platforms are reshaping intelligence, surveillance, and environmental monitoring for defence, infrastructure, and beyond.

From its humble beginnings in a Finnish farm shed to its recent €15 million Series A funding, Kelluu has proven its platform in real-world conditions, including NATO exercises and Arctic operations.

The company’s autonomous airships aim to bridge the gap between satellites and drones, offering unmatched persistence and precision for critical missions.

Key Points

• Janne’s journey into airships, autonomy, and aerial data
• Why Kelluu chose airships over drones and satellites, and their unique advantages
• Modernising the concept of airships for cutting-edge applications
• The operational workflow of Kelluu airships, from deployment to landing
• The environmental benefits of Kelluu’s near-silent, emission-free technology
• The future impact of persistent aerial intelligence on global understanding

The post The EU-Startups Podcast | Interview with Janne Hietala, CEO of Kelluu appeared first on EU-Startups.

AISLE, the cybersecurity startup founded by former Avast CEO Ondrej Vlcek, launched Snapshot on Tuesday, a product that deploys its AI vulnerability scanner inside a customer’s private cloud, on-premises data centre, or fully air-gapped environment. Source code and security data never leave the organisation’s control. The product is aimed squarely at regulated industries, banks, defence […]

Warsaw-based sunbay.io, a platform helping finance teams recover overdue invoices faster, has raised €550,000 in funding from Kogito Ventures, with participation from s20 and a group of angel investors, including Jostein Håvaldsrud, CTO of Kahoot. The company already works with more than 20 businesses across five countries, collecting payments from customers in 30 markets.

For growing companies, collecting overdue payments is often a manual and time-consuming process. Finance teams must track outstanding invoices, send follow-ups, manage exceptions and decide when to escalate cases, often relying on spreadsheets, email threads and basic accounting-system reminders.

While ERP and accounting platforms can send standard payment reminders, they are not designed to manage collections according to each company's workflows and customer relationships. As a result, a process that directly affects cash flow still requires significant manual effort.

sunbay.io was founded by Filip Szczeciński, Dawid Dzierzyński and Nikodem Cabała after conversations with finance leaders revealed how much time teams spent managing receivables. The founders set out to automate the process while keeping finance professionals involved where judgement is needed.

In our conversations with CFOs and CEOs, one sentence kept coming back: 'I hate working with invoices.' It wasn't that companies didn't know how to collect their receivables. The problem was that a process that directly affects their liquidity still depends on manual work. We built sunbay.io so that companies can automate this process on their own terms and bring the team in only where human judgement is actually needed,

says Filip Szczeciński, co-founder of sunbay.io.

The platform connects directly to invoice data and automates collections according to each company's rules. It follows up on overdue payments via email, SMS and AI voice calls, manages escalations, provides a branded payment portal and involves finance teams only when decisions require human input.

sunbay.io is now expanding the platform with predictive insights and additional automation. The product already surfaces credit-scoring and payment-behaviour signals to help teams identify at-risk accounts before they become seriously overdue. Future AI agents will automate further tasks, analyse payment data and support faster decision-making.

Built for European finance teams, the platform keeps customer and receivables data within the EEA, avoids transatlantic data transfers and is designed with GDPR compliance at its core.

OurMind, an Amsterdam-based startup developing AI solutions to reduce administrative burdens on healthcare providers and to reduce burnout, has raised €2.1 million to scale and expand its platform. 

The round was led by 4impact capital, with a group of general practitioners and medical specialists also making a significant contribution.

Paul Koning, a former orthopaedic surgeon and OurMind founder, said, “This investment enables us to scale up and expand our platform so that we can meet, and continue to meet, demand from hospitals. Ultimately, this is not about AI, but about how we can continue to deliver good care with the same number of people.”

Founded in 2024 by Marco Ferraz, Paul Koning, Renan Sales Barros and Fredrik Gustafsson, OurMind is building a personal AI platform that grows with the user and helps free up more time for patient care.

According to the company, healthcare waiting lists are growing, doctors are working overtime, and administrative pressure continues to mount. As a result, job satisfaction among healthcare staff is declining. Citing a study by De Jonge Specialist, the company reports that a quarter of young doctors are experiencing burnout symptoms. 

Highlighting the urgency of the issue, OurMind notes that one in seven workers in the Netherlands is employed in healthcare. However, the Scientific Council for Government Policy (WRR) forecasts that by 2040, one in four workers will be needed in the healthcare sector.

Cardiologist and CMIO Bart Driesen of Maasziekenhuis Pantein said, “Five years ago, there was not really a sense of necessity yet. Now there is. We have more than 150 patients with a new referral on the waiting list who cannot even get an appointment right away. That is simply not sustainable. 

“Ultimately, you need an AI layer across the entire hospital. Doctors currently spend two to three hours a day preparing consultations, often at home in the evening. If AI can largely take that over, it changes our working day.”

OurMind claims that it collaborates closely with healthcare professionals to gradually and securely integrate generative AI into the healthcare system, addressing the growing workforce shortage. The Dutch startup started with Notes: AI software that converts conversations during consultations into medical documentation. 

Currently, over 300 general practices and 14 hospitals utilise the platform. It is continuously expanding to include applications for consultation preparation, administrative support, patient communication, and other functionalities. 

According to Koning, the ultimate goal is to preserve job satisfaction and thereby reduce the number of burnouts in healthcare. “A burnout is not only extremely difficult for the person affected, but also for the colleagues left behind and the hospital. After all, they have to absorb the impact. Fortunately, the first hospital boards are realising that the costs of doing nothing — staff absence, waiting lists, people leaving the profession — are far greater than the costs of seriously investing in AI support now.”

This is the first HealthTech investment for Dutch venture capital fund 4impact capital. It primarily invests in software companies addressing societal themes such as energy, sustainability, and digitalisation. 4impact’s investment in OurMind is supported by Invest-NL and the European Union under the InvestEU Fund.

4impact partner Victor Straatman states that this investment is different from classic private-equity structures. “We are a venture capital investor. That means everything OurMind earns stays in the company for further development.” 4impact expects to remain actively involved. “We help not only with capital, but also with knowledge, network, and guidance. We believe in OurMind’s vision and in the team that is in place.”

OurMind emphasises that it is secure, GDPR compliant, and certified with ISO27001 and NEN7510.

The post Amsterdam’s OurMind raises €2.1 million to reduce healthcare admin burden with AI appeared first on EU-Startups.

Oracle reported fiscal fourth-quarter revenue of $19.2 billion, up 21% year on year, and adjusted earnings of $2.11 per share, beating analyst estimates of $19.1 billion and $1.97 respectively. The numbers were overshadowed by capital expenditure that came in well above the company’s own projections. The company spent approximately $55.7 billion on capital expenditure in […]

Elon Musk has called the ability to fall asleep in a Tesla and wake up at your destination the “acid test” for true autonomy. He first described that vision in 2014 and repeated it on Tesla’s Q1 2025 earnings call, saying he was confident it would be available in many US cities by the end of that […]

CameraMatics, a Dublin-based AI-powered video telematics and fleet intelligence platform, has secured up to €49 million in investment to support its next phase of international expansion and ongoing product innovation as the company scales across the UK, Ireland, Europe, and the US. 

The investment was secured from a consortium led by Blume Equity, alongside the Ireland Strategic Investment Fund (ISIF) and Goodbody Capital Partners (on behalf of AIB).

“This is a landmark moment for CameraMatics. When Simon and I founded the company in 2016, our ambition was to build a global technology platform that would fundamentally improve safety standards across commercial fleets. Our mission is simple but ambitious – to reduce driving and work-related accidents to zero through technology, AI and data-driven fleet intelligence,” said Mervyn O’Callaghan, co-founder and CEO of CameraMatics. 

Founded in 2016 by Mervyn O’Callaghan and Simon Murray, CameraMatics’ helps fleets reduce risks, cut costs, and run more efficient operations through AI-powered fleet intelligence. The company states that its connected fleet intelligence platforms combine AI-driven video intelligence, driver assistance systems and real-time operational analytics to help commercial fleet operators improve safety, reduce operational risk and lower carbon emissions.

“Every day, our technology is helping fleet operators prevent accidents, improve driver behaviour and ultimately save lives on roads and worksites across multiple countries. That purpose continues to drive everything we do as a business. Since founding the company, we have delivered strong year-on-year growth, expanded internationally and earned the trust of many of the world’s leading fleet operators,” added O’Callaghan. 

The company notes that it continues to invest heavily in innovation, machine learning, predictive safety technologies and connected fleet intelligence solutions. It reports delivering strong revenue growth since its founding, expanding its customer base across international and domestic markets and securing leading blue-chip customers, accelerating enterprise adoption.

Recent enterprise contract wins include organisations such as Royal Mail, Calor Gas, Wolseley, XPO, and DFDS. In the United States, the company has grown through deployments with NASDAQ-listed Installed Building Products (IBP), which operates in over 250 depots nationwide.

It currently serves nearly 1,000 fleet customers and supports operations across thousands of commercial vehicles throughout the UK, Ireland, mainland Europe and the United States. The company employs more than 150 people across offices in Dublin, Waterford, Darlington, London, Amsterdam, Barcelona and the United States.

Eleanor Blagbrough, co-founding Partner, Blume Equity, said, “Mervyn, Simon and the team have built something genuinely impressive in a large and growing market. CameraMatics has established itself as a clear category leader within the rapidly growing video telematics and connected fleet market. The company combines strong technology differentiation with impressive commercial execution, evidenced by its sustained growth trajectory, blue-chip customer base and accelerating international expansion.

“Video telematics is at a tipping point as fleet operators increasingly recognise the operational, safety and sustainability benefits of connected fleet technology. We are particularly excited by the company’s long-term mission to use AI and connected fleet intelligence to materially improve global road safety outcomes.”

The company plans to use this fresh capital to accelerate CameraMatics’ go-to-market expansion, strengthen its enterprise sales and customer success capabilities, further invest in AI and sustainability-focused product innovation, and support the company’s continued growth across North America and mainland Europe.

Existing investors, including Puma Growth Partners, Sure Valley Ventures and Enterprise Ireland, will remain shareholders in the business. Salica Investments will continue to support the growth of CameraMatics through the continuation of debt finance. O’Callaghan and Murray will continue to lead the company’s long-term growth strategy.

“This investment from Blume Equity, ISIF and Goodbody Capital Partners gives us the capital and strategic support to accelerate our next phase of growth – scaling internationally, deepening our AI capabilities and continuing to invest in technologies that can help change driving standards globally,” commented O’Callaghan. 

The post CameraMatics secures up to €49 million to scale AI-powered fleet intelligence platform across Europe and the US appeared first on EU-Startups.

Mendo, the French startup helping enterprises adopt generative and agentic AI, has raised €12 million in Series A funding. The round was led by Ventech and Educapital, with participation from Tomcat and OVNI. The funding will support the company’s continued product development, team growth and expansion across Europe.

Despite rapid advances in AI technology, many organisations still struggle to move beyond experimentation. While businesses are investing heavily in AI initiatives, turning them into widely adopted and impactful solutions often requires more than the technology itself. Successful deployment depends on integrating AI into everyday workflows and ensuring employees are equipped to use it effectively.

Founded in 2021, Mendo was built to address this gap. Its platform acts as a bridge between AI tools and the people expected to use them, helping organisations turn AI investments into measurable business outcomes. Through its platform, Mendo helps organisations identify practical AI use cases, encourage adoption across teams and maximise the value of their AI initiatives while supporting employees throughout the transformation process.

The emergence of agentic AI is changing how organisations deploy AI. As AI becomes embedded across business functions, the challenge shifts from implementing technology to transforming how people and processes work. Mendo helps companies identify where AI can create the most value, determine where agents should be deployed and support adoption across teams.

With agentics, AI changes status: it is no longer a tool that saves you a few hours a week, it becomes the layer that orchestrates and governs all of a company’s operations. No company will pull off this transition without bringing its people along and changing the way it is organised. Our role is to make that adoption possible at scale, without leaving anyone behind,

explains Quentin Amaudry, CEO and co-founder of Mendo.

With this new funding, Mendo will focus on three priorities: strengthening its analytics capabilities to help organisations identify high-impact AI use cases and measure adoption, which early results show can be up to six times higher than with traditional approaches, doubling its workforce from 50 to 100 employees, primarily across product, engineering and sales, and accelerating its expansion across key European markets to meet growing demand for AI adoption support.

The funding marks an important milestone for Mendo as it seeks to help more organisations translate AI investments into measurable business value and sustainable adoption at scale.

Palantir CEO Alex Karp says full nationalization of AI companies is coming, and that Senator Bernie Sanders’ proposal for 50% public ownership will soon look moderate. “In two years, they’re not going to think Bernie Sanders is progressive,” Karp told CNBC on Wednesday. “They’re going to be like, ‘Bernie Sanders, you only want 50%? What […]