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Recap: Europe’s top funding rounds this week (23–29 March)

All 11 xAI co-founders have now reportedly left Elon Musk’s AI company

Meta’s new prescription Ray-Ban smart glasses are a distribution play, not a technology leap

Kandou AI raises $225 million to bet that copper can outlast the optical revolution

The class of 2025 is using AI in job interviews, and a startup industry is cashing in

Lucyd captures 44% Amazon market share in smart safety glasses category, positions for major retail expansion in 2026

Meta grants executives up to $921 million in stock options on the same day it lays off 700 workers

PaperShell secures €40.3M EU grant to build its first full-scale factory

SoftBank secures $40B bridge loan to fund its OpenAI bet

ActiveCampaign’s free trial lets you test AI-powered marketing automation before you commit

Keith raises £2M to become the UK’s most automated law firm

OpenAI backs a nine-month-old startup building swarms of AI agents at a $650 million valuation

Ysios Capital launches €100M fund to build biotech companies from Spanish science

Laigo Bio closes €17M seed to advance SureTACs

tozero launches Europe’s first industrial battery recycling plant

OpenAI shelves erotic ChatGPT after staff, investors, & advisors revolt

Blossom Health raises $20 million to put AI copilots alongside psychiatrists

AI amplifies whatever you feed it, including confusion

Xero partners with Anthropic to put small business finances inside Claude

Shield AI raises $2 billion to scale its autonomous combat pilot Hivemind

Automate ISO 27001, SOC 2, and DORA compliance with expert CISO support, starting at -2,999/year

Herbalife acquires Bioniq in a deal worth up to $150M

Theia Insights raises $8M to replace the static industry classification systems

Uber, Pony.ai, and Rimac’s Verne announce Europe’s first commercial robotaxi service

OpenUp raises €20M to scale employee mental health platform

Giraffe360 raises $10M Series B to expand AI property media platform

Sony and Honda cancel the electric vehicle AFEELA dream

SOUS raises €4M to power culinary entrepreneurs

Arkadia Space raises €14.5M for green propulsion system

EU-Startups Summit returns to Malta in May with 2,500 attendees, and 80+ speakers

Google’s new compression algorithm cut memory stocks within hours of publication

Jury finds Meta and YouTube built ‘addiction machines’ that harmed a child, awards $3 million in landmark trial

A new app wants to cure loneliness by getting people off their phones and into the same room

Pepper acquires YC-backed Alima to bring AI to food distribution’s messy product catalogues

Your finance team is still chasing invoices. Here’s why that costs more than you think

London’s Granola raises $125M to turn meeting recordings into enterprise AI infrastructure

Decathlon doubles warehouse output with Exotec’s climbing robots across seven European sites

Meta cuts hundreds more jobs across Reality Labs, recruiting, and sales as AI spending doubles

OpenAI Sora is gone. The artists are still working.

PAVE Space raises $40M to build orbital transfer vehicles

Origin raises $30M Series A+ to give multinationals visibility into a benefits budget

RWS launches Language Weaver Pro

Galtea raises $3.2M to help enterprises test AI agents

Openreach expands collaboration with Google Cloud AI to plan its full-fibre rollout

Epoch Biodesign closes $12M to prove its nylon recycling enzymes can work at scale

Amazon acquires Fauna Robotics and its approachable humanoid Sprout

The OpenAI Foundation plans to spend at least $1 billion this year

This team password manager costs $1.50/user and just added the features businesses actually need

OpenAI open-sources teen safety policies for developers amid mounting lawsuits over ChatGPT deaths

BlueConic joins Databricks Marketplace to bring real-time marketing decisions to the lakehouse