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May 2023: Deals, exits and Tech.eu Summit highlights
Builder.ai builds up $250 million, Eduflow goes with the acquisition flow, and more than €883 million was invested in European Tech last week
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Industrial Tech
Trace Space's plan for AI industrial software raises the founders $1.5 million — all without an MVP
Today Trace.Space, makers of AI-enabled…
Cate Lawrence
14 February 2023
Deep Tech
Allowing hardware engineers to team more effectively, Flow Engineering raises $8.5 million seed round
Flow Engineering, a UK-based hardware…
Callum Cyrus
06 December 2022
PropTech
Bringing Explainable AI to the construction industry, Munich’s Conxai raises €2.7 million
Focusing on the architecture, engineering, and…
Dan Taylor
10 January 2022
Investment
Engineering simulation platform SimScale adds €25 million to Series C funding
Munich-based Saas platform for engineers SimScale has announced the addition of €25 million to…
Dan Taylor
28 October 2021
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Investment
AI-powered engineering platform Monolith raises £8.5 million
Learning from the old, and predicting the next, AIE (artificial intelligence engineering)…
Dan Taylor
23 August 2021
Investment
Nodes and Links raises £7.9 million, aims to bring projects home on time, on budget
Nodes and Links uses AI to minimise human error…
Dan Taylor
01 July 2021
Features/Profiles
Glovo appoints CTO Narek Verdian to hire 200 engineers and develop dark store tech
Glovo, one of Europe’s biggest on-demand…
Annie Musgrove
04 February 2021
Exit
Tesla acquires German engineering powerhouse Grohmann to ramp up manufacturing
Electric car and energy storage system maker Tesla has acquired Prüm, Germany-based engineering…
Robin Wauters
08 November 2016
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