Sources: Spain-based Multiverse, which shrinks LLMs to reduce energy and compute costs, is in talks to raise ~€500M at a €1.5B+ valuation and has hit €100M ARR
Multiverse Computing SL, a Spanish artificial intelligence software company, is in discussions to raise about €500 million …
Rome-based Exein, which offers cybersecurity tools for protecting connected devices including cars and home routers, raised €100M led by Blue Cloud Ventures
Rose Henderson / Bloomberg :
Finland-based NestAI raised €100M led by Finland's sovereign fund Tesi and Nokia to build AI products for defense applications, including for unmanned vehicles
Finnish startup NestAI has raised €100 million (about $115 million) in a funding round led by Finland's sovereign fund …
Copenhagen-based Flatpay, which facilitates card payments for SMBs, raised €145M at a €1.5B valuation and says it “crossed €100M of ARR in October”
Anna Heim / TechCrunch :
Dresden-based chip startup Ferroelectric Memory raised €100M, including €77M equity led by HV Capital and DTCF, to commercialize energy-saving memory chips
Christina Kyriasoglou / Bloomberg :
Paris-based Alice&Bob, a cat qubit quantum architecture pioneer, raised a €100M Series B for a “fault tolerant” quantum computer, after a €27M Series A in 2022
Ingrid Lunden / TechCrunch :
Italian energy giant Eni launches its HPC6 supercomputer, the most powerful outside the US, costing €100M to build and using 14K AMD GPUs, to find oil and gas
Italian energy giant switches on the world's most powerful machine outside the US — Italian energy giant Eni is firing …
Berlin-based Upvest, which offers an API for stock trading and other financial services to N26, Revolut, and others, raised a €100M Series C led by Hedosophia
which powers stock trading on Revolut, N26, Bunq — secures €100M Vigneshwar Ravichandran / Silicon Canals : Berlin-based fintech firm Upvest secures €100M from Hedosophia, Bessemer, BlackRock, others
Delivery Hero's food delivery app Glovo says it will move to an employment-based model for its drivers in Spain, and anticipates a €100M earnings hit in 2025
The company, which owes €267M in unpaid social security contributions, says it will hire delivery drivers directly. apnews.com/article/spai... X: Mario Nawfal / @marionawfal : 🇪🇸SPANIARDS BRACE FOR “G...
Google, which joined the Open Cloud Coalition, denies its offer of €100M+ in incentives to CISPE was linked to CISPE's antitrust complaint against Microsoft
Paul Kunert / The Register : Forums: Slashdot Forums: Msmash / Slashdot : Google Offered Millions To Ally Itself With Trade Body Fighting Microsoft