Startup Events & and the new Bootstrapping Trend

Hey there!

We hope you had a great week so far! To make it even better, here are some opportunities, startup news and insights that might spark your interest:

🎙️ Global AI leaders to gather in Valencia: On October 23-24, VDS will bring together leading AI experts to explore the transformative impact of AI on society and industries. Speakers include Randi Zuckerberg, CEO of Zuckerberg Media, and Ahmed Menshawy, VP of AI Engineering at Mastercard. Don’t miss this opportunity to learn from over 600 renowned speakers across AI and business transformation.

🥾 Bootstrapping Boom: The sentiment toward venture capital seems to have shifted a bit over the past 1-2 years. More and more founders seem to be favouring building their companies via bootstrapping and without outside funding. The results of our recent LinkedIn poll also hint that.

📅 Innovation meets Electronics: The Hong Kong Electronics Fair and electronicAsia are back on October 13-16, showcasing smart products, electronic components, and innovative solutions from some 3,200 global exhibitors. The events will feature technologies across smart mobility, digital entertainment, and the silver economy. Don’t miss the chance to network and explore the latest innovations. More information here!

💻 HackTech 2024, one of the biggest tech events in Cyprus, officially opened registration for its 48-hour hackathon which will take place on November 23-24 in Limassol. Developers, designers, and IT pros will compete to create innovative solutions. Learn more and apply until November 20.

🔥 The AI funding boom continues:

• Barcelona-based Submer bagged €50.2 million for greener AI factories and data centres.
• Vienna-based Flinn.ai secured €10 million to automate quality and regulatory medtech compliance with AI.
• London-based Ameba raised €6.4 million to transform global supply chains with its AI-driven platform.
• Vienna-based fynk landed €3.1 million to bring AI-driven legal workflow tools to non-legal teams.
• Cologne-based Foodforecast got €3 million to optimise the entire food supply chain with its AI-based food sales forecasting solutions
• Paris-based Dessia raised €3 million to automate engineering processes through AI.
• Bristol-based Nesti secured €300k to transform outbound sales with gen AI video models.

📊 Power up your business: We’ve just highlighted 10 admin and accounting tools to help streamline your operations and make your business more efficient. From invoicing to expense tracking, these tools are designed to save you time and simplify your processes. Check out the full list here!

🦄 EU-Startups Podcast: In episode 89 we were joined by Steve Chen, Co-founder and former CTO of YouTube! Steve shares his journey from scaling YouTube to selling it to Google for $1.65 billion. He reflects on the platform’s pivot from a dating site to a global video powerhouse, the future of user-generated content, his participation at VDS, and much more.

That's it for this week. Have a nice weekend!

Your EU-Startups Team