Chinese AI startup DeepSeek has unveiled DeepSeek-V3-0324, targeting U.S. giants like OpenAI with a $6 million training cost. The model leverages a mixture-of-experts architecture for efficiency and offers open-source access, challenging the closed nature of competitors like ChatGPT.

Daphni launches a €250 million climate tech fund, Daphni Blue, to invest in early-stage European startups focused on sustainability and climate tech. The fund has initially raised €200 million and aims to support around 40 startups, with investments primarily in seed and Series A rounds.

Belgian startup ARK Capture Solutions has secured €2.2 million in pre-seed funding to advance its CO2 capture technology targeting low concentrations in industrial emissions. The funds will aid in scaling operations and entering markets ahead of Europe's 2024 ETS revisions, which could significantly impact emission costs.

NVIDIA Inception is bolstering AI startups with resources, mentorship, and investor connections, fostering global growth and innovation. The program supports 22,000 companies, enhancing performance and scalability, as seen with CoRover AI's success.

Rival, a startup focused on democratizing 3D content creation, has secured $4.2M in pre-seed funding led by Speedinvest. Founded in 2023, Rival's platform simplifies 3D content generation, aiming to fill a gap in the $1.7 trillion spatial computing market by 2033.

Nexthop AI launched today with $110 million in funding, led by Lightspeed Ventures, to advance AI infrastructure for cloud companies. The Silicon Valley startup aims to enhance networking solutions to meet the surging power and efficiency demands of AI models, positioning itself as a critical partner for hyperscalers.

The EU-Startups Summit will convene in Malta on April 24-25, 2025, gathering 2,400 participants for discussions on regulatory compliance and Europe's standing in AI and quantum technology. Backed by Malta Enterprise, the summit will feature panels with industry leaders from Deloitte Malta, NVIDIA, and more, aiming to guide startups through complex regulations and bolster Europe's competitiveness in deep-tech innovation.

Hong Kong is solidifying its position as a major tech hub in Asia, with 539 new or expanded tech firms in 2024, bolstered by Invest Hong Kong's efforts. The city's robust ecosystem and strategic location make it a prime gateway to broader Asian markets, including Mainland China.

Burbank, a Cardiff-based fintech, raised £5 million to launch its Card-Present over Internet (CPoI) payments platform, aimed at enhancing online transaction security. The funding round was led by Mouro Capital and supported by Anthemis and others, allowing Burbank to expand globally.

OneSixOne Ventures, led by Justis Mendez and Pablo Casilimas, is transforming Miami into a burgeoning tech hub by fostering a community-centered venture capital model. With plans for a $35 million Fund II, the firm supports a diverse range of startups, hosts industry events, and collaborates with universities to nurture the local startup ecosystem.

Antwerp-based ClimateCamp secured €3.5 million in seed funding led by Expon Capital, targeting Scope 3 emissions with its AI-driven platform. The startup, founded in 2022, aims to expand its reach to 2,000 companies by 2025, leveraging collaborations in various industries to enhance sustainability.

FERASET, a Turkish AI consumer app developer, has secured $4.5 million in seed funding from Play Ventures and e2vc to enhance its mobile gaming and AI capabilities. The funds will support team expansion, product development, and marketing to increase app downloads and subscriber growth, capitalizing on Türkiye's strong mobile gaming ecosystem.

Klarna has emerged as Europe's top unicorn for spawning new ventures, with 62 alumni startups, ahead of its IPO on the NYSE. London remains a key startup hub, but Europe's unicorn valuations are declining.

FuriosaAI, a South Korean AI chip company, has turned down an $800 million acquisition offer from Meta to maintain its independence and innovation focus. Despite funding challenges, FuriosaAI aims to grow its semiconductor offerings, competing against Nvidia and AMD, while raising $48 million to support its Renegade chip development.

Berlin-based n8n, a no-code workflow automation platform, secured €55 million in Series B funding, elevating its valuation to €250 million. This investment will boost product development and expand its global reach, with new offices in New York and London planned.

Revel has opened its first fast-charging station in San Francisco's Mission District, featuring 12 high-speed stalls with 320kW Kempower chargers. This move is part of Revel's plan to expand its EV charging network in the Bay Area with 125 new chargers, including additional stations and airport locations, aiming to support the city's growing electric vehicle market.

THENA Capital, the UK's first all-female led early-stage medtech venture fund, secured £27 million of its £50 million goal to boost healthcare innovations. Backed by the British Business Bank, the fund focuses on chronic and women's health, employing gender-smart strategies to support startups like Daye and Samphire Neuroscience.

Berlin's Theion secures €15 million in Series A funding to advance its crystal-sulfur battery technology, promising lighter, more efficient, and environmentally friendly batteries. Led by Dr. Ulrich Ehmes, Theion aims to revolutionize battery efficiency and sustainability, targeting applications in electric vehicles and aviation.

New Sapience is revolutionizing AI with its Synthetic Intelligence, offering shares at $4 until March 27, 2025. Positioned as a sustainable ChatGPT alternative, its tech spans healthcare to defense.