Austria

GROPYUS from Austria secures €100M to advance sustainable Building Development
Vienna-based GROPYUS, a company specializing in affordable and sustainable timber-hybrid buildings, has raised €100 million in fresh funding. This brings GROPYUS' total equity investment to €300 million since its founding in 2019. The investment round was led by Portuguese investment firm Semapa and U.S. VC fund Practical Venture Capital, further boosting the company's mission to industrialize construction through automation.
HalloSophia, a startup from Austria specializing in hybrid service infrastructure, has quietly made significant strides in expanding its operations to the US, particularly in Silicon Valley. Co-founder Markus Waghubinger highlights the benefits of this move, emphasizing the valuable lessons learned from the AI movement currently happening in the San Francisco
Web Summit, the esteemed annual technology conference held in Lisbon, Portugal, has welcomed back its co-founder Paddy Cosgrave as CEO. This leadership change comes after Katherine Maher's brief tenure as CEO, which followed Cosgrave's departure amid controversy over his public criticisms related to the Israel-Hamas conflict in October 2023.

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