The Scaleup Europe Fund, backed by the European Commission and managed by EQT, co-led ICEYE’s €1 billion Series F funding round. The Finnish SpaceTech company, specialising in sovereign radar satellite intelligence, will use the funds to expand its dual-use capabilities across Europe and beyond. The investment marks
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Helsinki-based Aiforia, a deep learning AI company for pathology, secured €20 million in venture debt from the European Investment Bank. The financing, supported under the Commission’s InvestEU programme, will accelerate product development and commercial expansion for AI-powered cancer diagnostics. Aiforia states its CE-IVD marked solutions are
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The European Commission opens bidding for seven AI data centres, four smaller and three larger, with public funding capped at €2 billion per project. Consortia must secure national backing from Germany, Greece, Portugal, Italy or Spain for larger hubs, or Czechia, Denmark, Finland, France and Poland for smaller ones. The
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Though still a niche product, Jolla aims to create a European alternative to device giants
