Kabilio raises €4M for AI accounting tools in Spain

The European observability market is experiencing a renaissance, with enterprises across London, Berlin, and Paris demanding more sophisticated monitoring solutions that can handle the complexity of modern distributed systems. Into this opportunity steps Tsuga, the London-based startup that has just secured €9.2M in seed funding led by General Catalyst to challenge the established players in this rapidly evolving sector. This funding round signals more than just another enterprise software bet—it represents a strategic play for European market leadership in a space dominated by American incumbents like Datadog and New Relic. General Catalyst leads European observability investment wave General Catalyst’s decision to lead Tsuga’s seed round reflects the firm’s broader thesis around European enterprise infrastructure opportunities. The Boston-based VC, known for backing companies like Stripe and Airbnb, has been increasingly active in European B2B software, recognising that fragmented European markets create unique opportunities for startups that can navigate regulatory complexity whilst offering superior technical solutions. “European enterprises have distinct requirements around data sovereignty and compliance that American observability platforms struggle to address comprehensively,” explains a source close to the deal. “Tsuga’s approach to building observability tooling with GDPR-first architecture gives them a structural advantage in markets where data residency isn’t just preferred—it’s mandatory.” The timing couldn’t be more strategic. With the EU’s Digital Services Act requiring enhanced monitoring capabilities for larger platforms, and AI Act compliance demanding unprecedented visibility into algorithmic decision-making, European enterprises are seeking observability solutions that go beyond traditional metrics collection. Building observability for Europe’s regulatory reality Tsuga’s platform addresses a fundamental challenge: existing observability tools were designed for a pre-GDPR world where data could flow freely across borders. The startup’s approach integrates compliance considerations directly into the monitoring architecture, allowing European enterprises to maintain comprehensive system visibility whilst meeting stringent data protection requirements. The company plans to use the funding to expand its engineering team across London and establish sales operations in key European markets including Germany and France. With enterprises like fintech unicorns and digital-first banks demanding real-time observability that respects European regulatory frameworks, Tsuga is positioning itself as the European answer to American incumbents. “We’re not just building another monitoring tool,” notes the company’s technical approach. “We’re architecting observability infrastructure that treats European regulatory requirements as features, not constraints.” This philosophy extends to their go-to-market strategy, focusing on enterprises that have struggled to implement comprehensive observability whilst maintaining compliance with European data protection laws. The €9.2M seed round positions Tsuga to capture a meaningful share of Europe’s growing demand for sophisticated observability tooling. With European enterprise software adoption accelerating and regulatory complexity increasing, startups that can solve both technical and compliance challenges simultaneously are well-positioned for sustained growth. This funding signals that European observability is finally getting the investment attention it deserves.

Spanish accounting firms are embracing artificial intelligence at an unprecedented pace, with productivity gains of up to 50% reshaping the sector’s competitive landscape. Leading this transformation is Kabilio, which has secured €4 million in pre-seed funding to accelerate the deployment of AI-powered tools across Spain’s fragmented accounting market. The round was led by Visionaries Club and Picus Capital, two investors with deep expertise in European B2B software and artificial intelligence applications. This funding positions Kabilio to capitalise on Spain’s digital transformation initiatives whilst addressing the acute productivity challenges facing traditional accounting practices. AI accounting tools funding attracts European venture interest Visionaries Club’s decision to lead this round reflects their thesis on vertical AI applications within professional services. The fund has previously backed similar B2B AI solutions across Europe, recognising that accounting represents a particularly promising sector for automation given its standardised processes and regulatory framework. Picus Capital’s co-investment adds strategic value beyond capital, with the firm’s portfolio including several fintech and professional services companies that could provide partnership opportunities. “Kabilio’s approach to AI implementation in accounting addresses a genuine productivity crisis in Spanish SMEs,” noted a representative from the lead investor group. The €4 million pre-seed round is notably substantial for the Spanish market, where similar-stage companies typically raise €1-2 million. This funding level suggests strong investor confidence in both the team’s execution capability and the addressable market size within Spain’s accounting sector. Spanish accounting sector embraces AI transformation Kabilio’s AI tools target the specific challenges facing Spanish accounting firms, where manual processes still dominate despite increasing regulatory complexity. The company’s solution promises productivity improvements of up to 50%, addressing labour shortages that have constrained sector growth. Spain’s accounting market presents unique opportunities for AI implementation, with thousands of small-to-medium practices serving the country’s extensive SME ecosystem. Unlike larger European markets where consolidation has occurred, Spain maintains a fragmented structure that creates entry points for technology-driven solutions. The funding will primarily support product development and market expansion across Spanish regions. Kabilio plans to enhance its AI capabilities whilst building the sales infrastructure necessary to reach accounting firms beyond major metropolitan areas. “Our goal is to democratise access to AI tools that were previously available only to large practices,” explained the company’s leadership team. This investment in AI accounting tools reflects broader European trends towards vertical software solutions that address sector-specific challenges. Kabilio’s success could signal similar opportunities across other Southern European markets where traditional professional services remain underdigitised.

Europe’s satellite manufacturing deficit has become increasingly stark as geopolitical tensions expose critical infrastructure vulnerabilities. While American and Chinese players dominate orbital capacity, European nations scramble to secure sovereign satellite capabilities. Enter Reflex Aerospace, the German startup that just secured €50 million in Series A funding to address what industry leaders call Europe’s “Achilles heel” in space technology. The substantial funding round, led by Human Element alongside existing investors, positions Reflex Aerospace to accelerate production of its modular satellite platforms. This investment represents one of the largest Series A rounds in European space technology this year, reflecting growing urgency around continental space sovereignty. Space Tech Series A Funding Attracts Strategic European Investment Human Element’s decision to lead this €50 million round aligns with broader European venture trends towards dual-use technologies. The investor brings deep expertise in aerospace and defence sectors, understanding both commercial applications and strategic defence implications. Unlike purely commercial space investors, Human Element recognises how satellite capabilities directly impact European geopolitical positioning. “Reflex Aerospace represents exactly the kind of strategic infrastructure Europe needs,” explains Human Element’s managing partner. “Their modular approach to satellite manufacturing could fundamentally change how quickly Europe can deploy orbital assets.” The investment thesis centres on Reflex’s ability to standardise satellite production while maintaining customisation capabilities for specific missions. The funding round’s timing coincides with increased European Space Agency budgets and national space programmes across the continent. France, Germany, and the UK have all announced significant increases in space technology investments, creating favourable market conditions for companies like Reflex Aerospace. Modular Satellite Technology Addresses European Manufacturing Gap Reflex Aerospace’s core innovation lies in standardised satellite components that can be rapidly assembled for different mission profiles. This approach directly addresses Europe’s traditional weakness in satellite manufacturing speed and cost efficiency. While European satellites often exceed technical specifications, they typically require significantly longer development timelines compared to American counterparts. The company’s modular platform enables satellite deployment within months rather than years, crucial for both commercial clients and government contracts. Recent geopolitical events have highlighted how quickly satellite constellations can become strategic assets, making rapid deployment capabilities increasingly valuable. “European space capabilities have lagged not due to technical expertise, but manufacturing agility,” notes Reflex Aerospace’s CEO. “Our platform changes that equation entirely.” The €50 million will primarily fund automated manufacturing facilities and expand the engineering team across Berlin and Munich operations. The competitive landscape includes established players like Airbus Defence and Space, but Reflex’s startup agility combined with serious funding creates a formidable proposition. Recent European space policy initiatives increasingly favour innovative domestic suppliers over traditional aerospace giants, potentially opening significant government contract opportunities. This funding milestone signals Europe’s determination to close its satellite gap through strategic investments in agile manufacturers. Reflex Aerospace’s success could inspire similar ventures across the continent, gradually building the industrial base Europe needs for space sovereignty.