European startups
fromTNW | Insider
3 hours agoRecap: Europe's top funding rounds this week (16 -22 March)
European venture capital is focusing on AI in physical industries, agritech automation, and operator-to-VC pipelines.
Samsung Electronics plans to invest KRW 110 trillion, or approximately $73 billion, in research and development and facilities "in a bid to lead the semiconductor industry in artificial intelligence". This year's plan would represent an increase in expenditure of over 21% compared to 2025.
Companies are sitting on loads of useful operational data - emails, logs, support tickets, chat histories - but have no good way to act on it. Edra says it analyzes that data automatically, builds a knowledge base from it, and keeps it updated.
The market was the backbone of Europe's climate policy, running at close to a trillion euros in annual trading volume, and it was almost entirely closed to anyone who wasn't an industrial company or an institutional fund. Lautier founded Homaio in 2023 to change that.
The funding round, the company's largest to date, brings total capital raised to €129 million and cements Candela's position as the best-funded electric vessel manufacturer globally. The round was backed by existing investors including EQT Ventures, SEB Private Equity, KanDela AB and Ocean Zero LLC, alongside a new €8 million investment from the International Finance Corporation (IFC), part of the World Bank Group.
Choice was founded in 2021 by Alex Ilyash, who previously built DAVINCI, a B2B SaaS hotel reservations platform serving 10,000 hotels across Europe, alongside Volodymyr Olyanitsky and Robert Novosad. The platform was originally conceived as an online presence tool for restaurants.
After Trump ended the de minimis exemption last year, purchasing an item straight from an international vendor, regardless of the item's value, meant incurring International Emergency Economic Powers Act tariffs. Now, thanks to a ruling by the Supreme Court that overturned Trump's IEEPA tariffs, and a ruling by the Court of International Trade ruled that all tariffs paid under IEEPA must be returned, buyers may be able to collect a refund.
Today, with V4, we're setting a new benchmark for avatar fidelity and performance while keeping it fast enough for real-time conversations and consistent, efficient, and secure enough for enterprise scale. The avatars, trained on footage of real-life professional actors to achieve realistic responses, can offer real-time emotion and sentiment alignment with LLM responses.
Sky broadband customers are set for a £36 annual bill increase from 1 April, unless they leave their contract early. You can do this without paying early termination fees, because Sky doesn't lay out its pricing upfront. Under Ofcom rules, this gives you the right to leave penalty-free.
I always worry about the big boys and girls in the world. So, OpenAIs, Anthropics, Googles, Apples, more so than our competitors that spring up from the bottom or from sideways. This is because the distribution power of these tech giants and frontier labs in the market is unparalleled.
Korea Zinc, which it described as one of the world's largest smelters, is in talks with major US technology firms to recycle data center waste and extract rare earth. The move comes almost one year to the day after China announced immediate export controls on seven more rare earth elements critical to enterprise IT hardware manufacturing.
BYD's sales in the UK and Europe more than tripled last year to nearly 190,000 vehicles, according to trade body Acea. As of January, it had a 1.7 percent market share in the EU, with a 2.4 percent slice of the UK market last month.
Overwhelming data, including a report from the Federal Reserve Bank of New York, indicated that U.S. importers paid for the majority of the tariffs-up to 90%-with many passing down the increased costs to American consumers. Goldman Sachs estimated the tariffs added a 0.7% increase to inflation over 10 months, with prices to increase another 0.1% in 2026 because of levies.