Cate Lawrence

1 week ago | tech.eu | Cate Lawrence

Austrian synthetic data startup MOSTLY AI has launched a $100,000 prize challenge to create the best synthetic data set from a real data set. The challenge is open to everyone and anyone. Applicants will be judged on how anonymised the data is, how accurately it reflects the original data, usability, and compute efficiency. The goal is to spark much-needed innovation in the synthetic data space — and the winner's code will be open-sourced afterwards for public use.

1 week ago | tech.eu | Cate Lawrence

Bid management platform Altura has raised €8 million in Series A funding as it becomes the first to launch autonomous AI agents to help businesses win more public and private sector tenders, particularly as procurement processes grow more complex. Organisations are increasingly turning to formal tenders and Request for Proposal (RFP) processes to reduce procurement risk, with public tenders alone rising by 28 per cent in the UK in the last three years.

1 week ago | tech.eu | Cate Lawrence

UK legaltech company Definely has raised $30 million in Series B funding to accelerate its global expansion and AI product roadmap. This additional funding brings the total amount raised by Definely since its inception to $40 million. Launched in 2020 by Nnamdi Emelifeonwu and Feargus MacDaei, Definely was born from lived experience, including that of co-founder MacDaeid, who is registered blind after being diagnosed with a degenerative eye condition at age 11.

1 week ago | tech.eu | Cate Lawrence

At Tech.eu we keep track of the investment landscape with data driven insights. Our Tech.eu Insiders enjoy unlimited, exclusive access to all our content, including market-intelligence analysis, reports, articles, and useful insights on tech trends and developments. But we know that a lot of folks interested in tech might not have the funds for a subscription. In response, we're offering compact versions of our monthly reports to all of our readers.

1 week ago | tech.eu | Cate Lawrence

According to the Tech.eu database, in May, European tech companies collectively secured €5.5 billion across 341 deals, a 66.7 per cent increase compared to April’s €3.3 billion across 311 deals. Share Facebook Twitter Linkedin According to the Tech.eu database, in May, European tech companies collectively secured €5.5 billion across 341 deals, a 66.7 per cent increase compared to April’s €3.3 billion across 311 deals.