Belgian AI startup says it can automate 80% of work at ‘expert firms’

Belgium-based Ravical has secured €7.3mn in pre-seed funding to bring AI agents to professional services firms in tax, legal, accounting, and insurance.  Joris Van Der Gucht, Ravical’s CEO and co-founder,…

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German dual-use drone maker becomes unicorn amid defence tech boom

German drone maker Quantum Systems has raised €160mn at a valuation north of €1bn, becoming Europe’s latest defence tech unicorn.   Quantum Systems builds electric, AI-powered autonomous surveillance drones that are…

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This VC-backed network is on a mission to tackle the well-being crises with tech

Last year, NN Group and Rubio Impact Ventures launched the NN Social Innovation Startup Award providing grants and mentoring to startups to tackle mental, physical, and financial well-being challenges with…

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European climate tech funding sunk to five-year low in Q1 — here’s why

Europe’s climate tech startups raised $2.3bn (€2bn) in the first quarter of this year — the lowest total since Q3 2020, according to Dealroom data.  Behind the headline figure lies…

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Lawtech startup Noxtua upgrades ‘sovereign legal AI’ amid ‘volatile’ geopolitics

Berlin-based startup Xayn has rebranded itself after its flagship product, “Noxtua” — a “sovereign European legal AI” aimed at law professionals.  Alongside its new name, Noxtua has secured €80.7mn in…

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Trump’s ‘war on science’ hands Europe major tech talent opportunity

As the Trump administration ramps up what academics call a  “war on science,” US researchers are increasingly looking to Europe for new opportunities — which could be good news for…

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