** Highlights from the European Tech Scene**
1. Gravis Robotics Bags $200M to Expand Marketplace for Teen Odd Jobs
Swiss startup Gravis Robotics has secured $200 million in funding from SoftBank to create a safer marketplace for teenagers to find odd jobs. This investment is crucial in addressing the potential safety risks associated with teenagers working independently. Additionally, the article covers various significant funding deals across Europe worth over €684 million this week.
2. AI Startup Guideless Raises €1M to Streamline Software Training
Lithuanian AI startup Guideless has received €1 million in pre-seed funding to enhance its platform that automates software training and documentation. This innovative tool promises to save companies significant time and resources in creating updated training materials by leveraging AI to generate structured workflows. The startup plans to expand its technology internationally, addressing a crucial need in modern workplaces.
3. DeepL Partners with Harvey for AI Translation Solutions
Germany's DeepL has signed a deal with the US AI legal startup Harvey to develop advanced legal document translations. This collaboration highlights the growing demand for specialized AI tools in highly regulated sectors like law and finance. With increased operational efficiency, the partnership aims to improve the accuracy of legal translations while providing better service for cross-border legal work.
4. Oakley Capital Acquires Majority Stake in Graphwise
In a significant move for Bulgaria's tech market, Oakley Capital has acquired a majority stake in Graphwise, a leader in AI data platforms. The transaction marks one of the largest software exits in Bulgaria and emphasizes the growing strength of the tech ecosystem in the region, demonstrating potential for further growth in the enterprise AI sector.
5. Computomics Raises €6.3M to Scale Climate-Smart Plant Breeding
German agritech company Computomics has successfully raised €6.3 million in Series B funding to enhance its climate-smart plant breeding technology. Their platform uses machine learning to predict crop performance under various environmental conditions, addressing the urgent need for adaptable agricultural solutions amid climate change. The funding will support the expansion of their offerings to commercial breeding programs.
