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Copenhagen-based Evertrace, a startup using data and AI to help VCs source investment opportunities, has acquired Morphais, a Berlin-based company specializing in early-stage deal sourcing. This is Evertrace's third acquisition, aimed at improving its core offering for venture funds.
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Qovery has released its AI DevOps Copilot, an AI agent designed to automate and streamline the DevOps lifecycle. The copilot uses natural language processing to allow developers to manage their software infrastructure through conversation, reducing inefficiencies and improving automation.
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FAKTUS, a neobank for construction SMEs, has raised €56 million in equity and debt financing. The funding will be used to scale across Europe, providing tailored financial solutions and leveraging AI to streamline processes for underserved SMEs in the construction market.
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Scavenger AI, based in Frankfurt, has raised €2.5 million in seed funding to make company data accessible to all employees. Its platform uses natural language to allow employees to query data without requiring coding skills, improving data-driven decision-making for SMEs.
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Human Health, a London-based precision health platform, has secured €4.7 million in seed funding. The platform combines patient-reported data with AI to create personalized healthcare insights, with the goal of extending access to tools typically reserved for clinicians.