Hello and welcome back.
Amongst the news yesterday were Nvidia investing in French startups and Google giving European scientists access to its AI models.
Let’s dive in.
💰 Funding rounds
Skeleton Technologies became a unicorn after an undisclosed investment to scale its power systems for AI data centres. Read more here.
Salience Labs raised $125M Series B to scale its photonic chips that connect GPUs in AI data centres. Read more here.
Duvo raised $32M Series A to automate business processes across disconnected systems without large engineering teams. Read more here.
Qilimanjaro Quantum Tech completed a €19.6M Series A first close to scale its quantum computers. Read more here.
Coding Giants secured up to €6M venture debt to expand its STEM education platform in the US and Mexico. Read more here.
Stride raised £4.6M seed to expand its preventative health platform that combines DNA, blood and gut testing. Read more here.
Ambio raised €5.1M seed to build an AI platform for buying recycled plastics. Read more here.
OlsAro raised €5M seed to scale its AI genetics platform for climate-resilient wheat. Read more here.
KP Labs raised €4.42M to scale its AI data processing that runs on satellites in orbit. Read more here.
Miracly raised €1.8M pre-seed to automate marketing and help brands get recommended by AI search engines. Read more here.
Affinity Labs raised $2M pre-seed to build AI-powered software brands with content creators. Read more here.
FLÆ Robotics raised over €1M seed to develop BE-A, an AI agent that handles hotel enquiries and bookings. Read more here.
🌱 Startup news
Attio launched a new version of its CRM built for AI agents, now handling 1.6 billion API calls a month. Read more here.
Lovable launched growth tools that create a marketing plan and run ads on Google, YouTube, Facebook and Instagram for founders. Read more here.
Mirelo released FX 2.0, a video-to-sound model that changes a video’s audio without regenerating the video. Read more here.
💡 Other news
NVIDIA plans minority investments in Doctolib, Entalpic, Genesis AI and Pigment, as its European commitment nears €9B. Read more here.
Google will give up to 200 top European scientists direct access to its frontier AI models, including AlphaFold 3, plus $3M in compute credits. Read more here.
VitVio is bringing its AI operating room system Vetro to Poland through a pilot at UCK Gdańsk, one of the country’s largest public teaching hospitals. Read more here.
📣 Fund news
The UK’s Sovereign AI Fund is investing in Augur, which uses AI technology to update Britain’s surveillance network. Read more here.
🤝 M&A
New Material, a design studio that builds AI-native products, workflows and ventures, got acquired by Mistral to set up a new Solutions Design team. Read more here.
🎧 Podcast of the day
Scaling Europe Podcast featured Nicolas Sharp, Founder and CEO of Attio, on how AI agents are changing sales work, with the typical customer seeing 2.5 times more deals in its first year. Watch here.
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Dust and Spendesk are hosting a breakfast in London for finance leaders.
On November 5 they are bringing together CFOs, Heads of Finance Operations and senior leaders driving business transformation and AI adoption to share how they are making AI part of everyday work. Sign up here.
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