European Tech Funding and Startup Momentum

Investment firms and startups are making significant moves in the European tech landscape. Plural, founded by Wise and Skype creators, has launched a €400 million fund to support European tech startups, focusing on AI, frontier tech, and climate & energy. Meanwhile, Qdrant, a Berlin-based open source vector database startup, has secured $28 million in funding to build its business team and expand its technology. Additionally, Defiance ETFs celebrates surpassing $200 million in assets for its Quantum Computing ETF, reflecting the growing interest in this rapidly expanding technology.