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London's Air Street Capital has raised a $232 million Fund III, becoming one of Europe's largest solo VCs focused on early-stage AI companies.
Europe's power grids are under immense pressure from the rapid expansion of data centers needed for AI workloads. Utility companies are turning to smart grid technologies and AI-driven solutions to manage this growing demand.
Europe leads in AI adoption and talent but fails to build its own platforms, instead funding foreign ecosystems through venture capital and investment flows.
Prague-based restaurant tech startup Choice has closed $7.1 million in Series A funding to expand its platform across Europe.
WhiteBridge AI has raised $3 million in seed funding to expand its digital identity platform. The round was led by FIRSTPICK VC and includes participation from several prominent investors.