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CERPRO, a Berlin-based startup for industrial quality assurance, has raised €2 million in a pre-seed funding round to automate quality processes in manufacturing and expand its European market presence.
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Euler, an Icelandic software startup, has closed a €2 million seed funding round to scale its AI-powered platform that provides automated, real-time monitoring to detect defects in 3D printing.
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Finnish energy startup Synergi has launched Finland’s first EV virtual power plant, allowing EV drivers to earn rewards by participating in grid balancing through smart charging.
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Finnish company Mäkelä Alu has achieved its carbon neutrality goals by 2025 through various projects including switching to electric heating and implementing heat recovery systems. The company sees this as a strategic competitive advantage.
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An Accel partner believes that Europe's best chance to succeed in AI is to focus on application-level startups rather than trying to compete directly in AI model development.