European and Icelandic startups raise fresh capital for AI-driven automation platforms

EU-Startups reported comments from Zühlke that assessing land and existing properties has cost the real estate and financial industries significant time and money, and that whoever digitises those processes will help determine what gets built in Germany and Europe.

Veridion raised $20 million in a Series A round to expand its AI-powered business intelligence platform, in a financing led by Hoxton Ventures alongside existing investors Underline Ventures, OTB Ventures, Gapminder, Day One Capital and Launchub Ventures. Founded in 2019, Veridion maintains a continuously updated live business graph covering more than 640 million companies worldwide, drawing on signals such as company websites, public registries, regulatory filings, product catalogues, social profiles and news sources. More than 70% of its revenue comes from U.S. customers, and the company plans to grow its U.S. team and expand internationally.

Reykjavík-based Treble, which specialises in sound simulation and synthetic acoustic data, raised approximately €15 million ($18 million) in a Series A-2 round led by Paladin Capital Group, with existing backers KOMPAS VC, Frumtak Ventures and the European Innovation Council Fund participating. The round brings Treble's total funding to €36 million. Founded in early 2020 by acoustic engineers Dr. Finnur Pind and Jesper Pedersen, Treble runs a cloud-based platform that models how sound behaves in physical spaces and generates synthetic audio datasets and digital twins of rooms, vehicles, devices and other environments. François Ruether, Vice President at Paladin Capital Group, said in comments reported by EU-Startups that robotics will drive automation across the physical world but that today's robots are largely limited to visual perception and struggle to interpret critical sounds.

In healthcare, Barcelona-based Health Force raised €4.2 million in seed funding to automate hospital operations with AI agents. The round was led by LUMO Labs, with Step Venture, Next Tier Ventures, Target Global and Calm/Storm participating. Founded in Vienna in 2022 by Fadi Haddad and Dr. Juan Suárez, Health Force says its AI agents automate administrative work and manage end-to-end processes under human supervision, with deployments across European hospitals.

Separately, publishing house 1312 Interactive secured $1 million in a seed round, according to GamesIndustry.biz.