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Start-ups – Silicon Republic

European start-ups have best quarter in four years, finds Crunchbase Munich-based fusion energy start-up Proxima raises €411m Limerick operations AI start-up WrxFlo raises €3m Jentic, Spryt, MenoPal among eight KPMG Global Tech Innovator nominees Dublin’s Everhaze secures €450k as AI assistant Lú launches in UK Dublin’s Pilot Photonics wins €10.4m EIC backing for photonic chip scale-up Open AI’s Sarah Friar among backers of Tapestry VC’s new ‘repeat founder’ $80m Fund III Cork medtech NeuroBell bags $5.5m for its AI neonatal monitor CroíValve adds $20m to Series B, taking round to $36m Irish space-tech Ubotica raises $11m to scale AI marine monitoring Ireland's TensorX bags €8m to build sovereign AI infrastructure Paris-based AI company Tsuga raises $35m in Series A funding Two Irish start-ups accepted into Y Combinator's summer batch Irish sports-tech platform Hexis raises $2.1m in seed funding round Karb AI named Digital Start-up of the Year for Northern Ireland Scientific research start-up CuspAI to raise $400m with Jeff Bezos among backers - FT Nax Bioscience and Imragen top Irish Genomics Business Plan competition 7 Irish start-ups transforming the manufacturing floor Cork-based Trustap raises $10m ahead of new product launch OpenAI backs automation start-up Poetic in $50m round Swedish legal-tech Legora plans London and European expansion Dublin-based AI IP start-up Midnight Labs backed by Sony AI company PhysicsX raises $300m in Series C funding round Nvidia, Fei-Fei Li back Generalist’s $400m round to scale AI robotics Irish co-founded Wordsmith raises $70m, plans jobs in Ireland French quantum start-up Quobly bags €115m ahead of market debut Dublin's Fonoa raises $110m and snaps up PwC tax platform 319 Irish start-ups raised €992m in 2025, but funding cooled post Q1 Teacher-founded AI edtech Diotima spins out from Trinity VC funding of Irish SMEs falls 58pc in Q1, IVCA finds Dublin document automation start-up Better Futures raises €600,000 The Interview: Andreea Wade quits VC to fix AI’s invisible plumbing problem EU taps Sweden's EQT to manage major €5bn Scale-up Europe Fund 10 Irish medtech start-ups innovating the game Euan Blair’s edtech Multiverse valued at $2.1bn after $70m raise Dublin’s Lios gets renewed €2m ESA contract for its acoustic tech The Interview: Faye Walsh Drouillard on building an impact fund from Ireland Quantum start-up Algorithmiq raises €18m amid Milan move Europe’s $17bn tech quarter: AI, deep tech win as fintech slides Software company Barespace launches embedded finance platform EU-backed Kembara's first big bet is $160m Quantum Motion round Tissue repair therapy Substrato wins best pitch at EI Start-Up Day Enterprise Ireland pumped €33m into home-grown start-ups in 2025 German quantum computing start-up Eleqtron raises €57m Cork’s Nexalus teams with TuffTek for next-gen cooling systems What EU Inc really means for Europe’s start-ups – a legal view UK's IoT Tribe launches Dublin base with two new hires David Silver's Ineffable Intelligence raises $1.1bn Vinted hits €8bn valuation in oversubscribed €880m share sale Cohere buys Aleph Alpha to forge sovereign AI alternative to US Big Tech Swedish legal-tech Legora buys AI legal research start-up Qura Belfast’s Cloudsmith eyes ‘massive growth’ with $72m raise France's Univity raises €27m to allow European telecoms to compete with Starlink Stripe alum's Seapoint raises €7.5m as ‘financial home’ to start-ups Irish co-founded AI start-up Lua raises $5.8m Dublin tech company Vox Talk raises €1.35m in pre-seed round Irish-founded Ulysses raises $46m in rounds featuring A16Z Solidroad raises $25m as demand for QA product sparks fresh hiring Danish finance AI start-up Spektr raises $20m Dublin's Audrey AI closes $1.8m pre-seed funding round Dublin start-up Otel AI raises €2m to expand hotel AI platform Dublin AI SaaS provider Apex B2B launches with €1.5m backing Medtech start-up Vertigenius raises €2.55m for US expansion Dublin start-up Zellor bags €850k for AI shopping assistant Irish co-founded Prism Layer out from stealth with $1m raise Galway-based AI start-up Octostar raises €6.1m Space-tech start-up Starcloud raises $170m to hit unicorn status Irish co-founded Icarus to test robot labour in space mission Quantum computing company IQM to fuel R&D with €50m investment French AI start-up Mistral raises $830m in debt Legal-tech start-up Harvey valued at $11bn after new raise of $200m Dublin's Grand raises $5m pre-seed for ‘real-world’ payment network Chip lithography start-up Lace raises $40m for tech development Bluesky reveals it quietly raised $100m Series B back in April 2025 Kota ranks ninth in Sifted’s 100 fastest-growing UK and Irish start-ups list Commission says EU Inc will be in place by end of 2026 ‘Vibe-coding’ start-up Replit raises $400m in Series D funding French insurtech Alan surges to €5bn valuation mark Legal AI start-up Legora hits $5.55bn valuation with latest raise More women founders raising funds, but deal sizes are down Cork insurtech Kayna raises €1.5m seed to fuel US, UK expansion
Bull and Equal1 to advance next gen of hybrid quantum tech in Europe
2026-04-14 · via Start-ups – Silicon Republic

From left: Cyril Allouche, Elena Blokhina, Bruno Lecointe, Mathilde Lemoine, Jason Lynch, Patrick McNally. Image: Paul Sharp

The partnership will bring together Bull’s supercomputing infrastructure and Equal1’s ‘breakthrough’ silicon-spin quantum computers.

Bull, a Paris-based high-performance computing (HPC), artificial intelligence and quantum technology company, is to partner with Dublin start-up Equal1, a silicon-powered quantum computing technology provider. 

Equal1 and Bull stated that their deal will “advance the next generation of hybrid quantum-classical technologies with European solutions”, at a time when quantum computing is beginning to transition from promise to practical reality.

The pair said the partnership will combine Bull’s supercomputing infrastructure and quantum emulation expertise with Equal1’s breakthrough silicon-spin quantum computers, as agreed in a memorandum of understanding. 

The collaboration will focus on three core pillars – technical integration, joint research and development to advance innovation, and a focus on sovereign European projects whereby both companies will collaborate on EU-led quantum initiatives amid the global quantum race.

Commenting on the announcement, Bruno Lecointe, the senior vice-president and global head of HPC, AI and quantum at Bull, said: “The convergence of high-performance computing and quantum technologies is redefining how we address the world’s most complex challenges. 

“10 years after launching the first quantum emulator of the market, innovation has always been part of Bull’s DNA and we remain committed to designing hybrid architectures that help translate emerging technologies into operational capability.

“By integrating Equal1’s silicon-spin quantum servers into our Qaptiva ecosystem, we are enabling a seamless bridge between HPC, quantum emulation and quantum execution. This alliance ensures our customers can leverage quantum-centric supercomputing to achieve real-world outcomes with unprecedented efficiency and performance.”

Jason Lynch, the CEO of Equal1, added: “By building quantum processors on standard silicon, we are turning quantum from bespoke laboratory hardware into deployable infrastructure. This collaboration with Bull is a vital step in bridging the gap between breakthrough hardware innovation and industrial workloads. 

“Together, we are positioning our joint solutions as the standard for high-performance computing, enabling seamless integration into existing data centres and driving a more sustainable digital future.”

Earlier this year, Equal1 announced it had raised $60m in a funding round led by Ireland Strategic Investment Fund, with participation from Atlantic Bridge, the European Innovation Council Fund, Matterwave Ventures, Enterprise Ireland, Elkstone and TNO Ventures.

At the time, Equal1 said that the investment would enable deployment to HPC centres – including to the European Space Agency’s Phi-lab in Italy – advance the roadmap towards “millions” of on-chip qubits, scale manufacturing and grow its team.

Last week, the Dublin-based start-up said it would partner with Californian quantum infrastructure software maker Q-Ctrl for the deployment of rack-mounted quantum computers in enterprise data centres.

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