This is a weekly newsletter curated by @roberjet following the EU/Acc movement and the progress made by European companies.
My goal is to showcase all the good things being built in Europe with an optimistic view and unite against all the inefficiencies and bureaucracy and towards a better building environment.
Startup News
Helping people invest in stable economies.
Swiss fintech nsave raised €18M to empower people in economically unstable regions with access to international financial tools, including foreign currency accounts in euros/dollars and ETFs.
Fighting heart failure with cutting-edge drugs.
Swedish biotech AnaCardio secured €19M to advance clinical trials for novel heart failure treatments.Creating quantum computing laser technology.
Italian startup Aqlas raised €25M to push laser quantum computing technologies, aiming to make quantum leaps in computational efficiency.Disrupting the inflammation and immunology drug market with AI.
Austrian Graph Therapeutics raised €3.1M to disrupt the $257B inflammation and immunology drug market with AI-powered drug discovery tools.Simplifying global payments to high growing commerce markets.
Irish startup Nomupay raised €36M to expand its unified payment solutions, enabling businesses to grow in markets like Asia, Turkey, and the Middle East.Securing autonomous vehicles with software.
Dutch chipmaker NXP acquired Austria’s TTTech Auto, a leader in safety software for autonomous driving, bolstering Europe’s position in automotive innovation.Securing supply chains and creating predictive cybersecurity.
Austrian cybersecurity startup Signpath raised €5M to expand its software solutions for securing supply chains. Meanwhile, French BforeAI raised €9M to develop predictive cybersecurity tools.Revolutionizing nuclear energy.
French company Otrera raised funding for new-generation nuclear reactors aimed at safer, cleaner energy production.Adding noise reduction and auditory innovation to eyewear.
EssilorLuxottica, known for eyewear, is diversifying into auditory technologies with its acquisition of Pulse Audition, focusing on noise reduction solutions.Getting accurate ocean data.
Irish company Xocean raised €119M for their uncrewed surface vessels that gather vital ocean data for climate and environmental research.
Public Sector Highlights
There is no advance this week on key EU/Acc initiatives EU-inc and European Nasdaq.
Instant SEPA transfers go live.
As of January 9th, the EU’s Instant Payments Regulation is in effect. Businesses and startups can now leverage faster cross-border transactions, opening doors for innovation and new business models.
Armenia’s EU aspirations.
Armenia has taken its first steps toward EU accession, signaling a shift in its geopolitical alignment.
Greenland geopolitics.
Tensions over Greenland’s future intensify. The US is lobbying to maintain influence, while Europe could make a strategic move to bring Greenland closer to its sphere.
Other Highlights
Europe getting a bigger slice of the tech pie.
Recent data shows Europe gaining a higher share of global tech innovation, hinting at a positive trend toward less fragmentation and more globalization.
Meta vs EU fact checkers.
The European Fact-Checking Standards Network (EFCSN), has recently expressed disappointment regarding Meta's decision to end its fact-checking program in the United States.
Bad year for European space launches.
Last week we covered here how the EU was thinking about changing its XXX to better increase efficiency and productivity of its space program. Data gathered now from 2024 shows that this is necessary.
France and AI.
Can France emerge as an AI powerhouse? A growing ecosystem and government support suggest it might be Europe’s leader in AI innovation.
Sequoia’s take on Europe.
Luciana Lixandru (Sequoia’s responsible for Europe investments) shared her views about Europe’s challenges and strengths.
Call to Action
Europe needs to be united toward innovation, value, and job creation. Here’s how you can help:
Sign the EU Inc petition
Add your best ideas to fix Europe
Just build things!
See you next week!