OpenAI is continuing its expansion across Europe, choosing Stockholm for its first Nordic office as it grows its presence in one of its fastest-growing markets. Europe is also doubling down on defence, with a new €500m DefenceTech fund launching to help more companies scale across the continent. That focus was also visible in France, where Comand AI raised €32m to expand its battlefield software across NATO markets.
Let’s dive in.
💰 Funding rounds
Paris-based Comand AI raised €32m Series A to scale its AI battlefield platform across NATO markets and expand its air and maritime capabilities. Read more here.
Oegstgeest- based Vivici secured €12.5m to scale its animal-free dairy proteins and expand market access for its Vivitein ingredient portfolio. Read more here.
Ghent-based Warren raised €10m Seed to accelerate its growth in Belgium and lay the groundwork for a European launch. Read more here.
Copenhagen-based Kvasir Technologies raised €10m Series A to scale and commercialise its climate-neutral marine biofuel technology. Read more here.
London-based Frontier Health raised £9.7m to expand its AI agent for NHS administrative tasks across more NHS trusts. Read more here.
Kyiv-based Cargofy raised €9.6m Series A to deploy AI “digital workers” across freight operations. Read more here.
Zurich-based OneSoil raised €1m to expand its AI-powered farming assistant and precision agriculture platform. Read more here.
Lausanne-based Minysa secured €163k to advance its gallium nitride (GaN) control chips for high-reliability applications, including space systems, robotics and industrial electronics. Read more here.
🌱 Startup news
Lugano-based Prem AI is seeking $100m Series A at a $500m+ valuation to expand its AI infrastructure platform that lets enterprises run AI on their own servers. Read more here.
💡 Other news
OpenAI will open its first Nordic office in Stockholm in the second half of 2026 as it expands its presence in one of its fastest-growing European markets. Read more here.
📣 Fund news
London-based FPE Capital closed the first round of Fund IV with a €46m cornerstone investment from the British Business Bank to back high-growth B2B software, data and software services companies across the UK and Ireland. Read more here.
VC firms Earlybird and AVP launched E2D, a €500m European dual-use and DefenceTech growth fund to help close Europe’s DefenceTech scaling gap. Read more here.
🎧 Podcasts
Scaling Europe podcast featured Jacob Houlberg, Co-founder of Evertrace, on why the real advantage for VCs is identifying exceptional companies early. Listen here.
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