Cologne-based DeepL will now translate documents inside Harvey, the AI platform used by 200,000 lawyers across 70 countries, taking on more than a third of its total translation volume. In Bulgaria, Sofia-based Graphwise also sold a majority stake to Oakley Capital in one of Bulgaria’s largest software exits, as the AI data platform keeps growing revenue more than 30% a year.
Let’s dive in.
💰 Funding rounds
Stuttgart-based Flip secured €22m to scale its AI platform for frontline workers. Read more here.
London-based Prevalent AI secured $22m to scale its enterprise AI platform. Read more here.
London-based Medly secured €6.9m to democratise access to personalised education through an AI tutor. Read more here.
Reykjavik-based SnerpaPower secured €3.4m to help power-intensive industries turn electricity into a competitive advantage. Read more here.
Edinburgh-based Singular Photonics secured €1.85m to scale SPAD image sensors with on-chip computing. Read more here.
Copenhagen-based Aisel Health secured €1.7m to scale its AI operating system for psychiatric care. Read more here.
Harpenden-based EcoNomad Solutions secured €466k to turn livestock waste into renewable energy for small farms. Read more here.
💡 Other news
Cologne-based DeepL strikes deal with US legal AI startup Harvey to power legal-grade AI translation for global law firms. Read more here.
🤝 M&A
Sofia-based Graphwise sold majority stake to Oakley Capital, marking one of Bulgaria’s largest software exits. Read more here.
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