r/eutech

Most tech news in my feeds is usually from either US or China. Europe is doing cool shit too, and I don't think it gets nearly enough attention, so I've been putting together a weekly roundup for a few months now.

A lot happened in European 🇪🇺 tech this week. A few highlights:

🧩 Canada's Cohere and Germany's Aleph Alpha announce a single combined AI group at a roughly twenty-billion-dollar headline valuation, with a major German retail and cloud investor at the same table.

☁️ Helsinki's Verda reports it is already profitable, raises on the order of a hundred million dollars, and points to a sharp jump in run-rate revenue as it grows its Nordic AI cloud outside the region.

🛰️ In Paris, UNIVITY lands twenty-seven million euros for a low-orbit constellation that sells wholesale 5G capacity to big mobile operators, with public satellite-agency and telco deal lines already in the story.

Also: Cloudsmith in Belfast takes seventy-two million dollars for software-artifact and supply-chain control in the AI build chain. Delft's OrangeQS extends a crowded seed to fifteen million euros and signs named quantum partners. The press airs unconfirmed xAI, Mistral, and Cursor deal chatter. Legora buys a Swedish legal-research startup. Lyft agrees to buy Gett's UK business. Berlin's Nox Mobility raises a small pre-seed to bring night trains back as a product problem.

Hope this sparks some discussion. I might gather up a few more of these if it seems interesting!