Klarna, AI Startups Fuel Optimism
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European startups are attracting renewed attention from both local and U.S. investors. Swedish vibe-coding startup Lovable closed a $330M Series B led by Salesforce Ventures, while French AI lab Mistral raised €1.7B with Andreessen Horowitz and Nvidia participation. Klarna’s public exit in September also signals improving market conditions. Investors and founders are adopting a global mindset, aiming for international scale rather than regional wins.With major firms like EQT committing to $250B in European investments over the next five years, optimism for Europe’s startup ecosystem is cautiously growing.