Bird vs Infobip

European Tech Weekly Recap: Over €2B Invested Across 65+ Deals

This weekly recap summarizes European tech funding and M&A activity for the week of September 21-27, 2026. More than 65 funding deals raised over €2 billion, with robotics, AI, and healthtech leading the sectors. Portugal, the Netherlands, and the UK were the top countries by funding amount. Notable deals include TEKEVER's $580M Series D, Bird's $450M debt raise, and Verda's $189M AI cloud funding. In M&A, feld.energy is acquiring AckerKapital, EYSA acquires Joinup, Mistral AI acquires Pimento, and Luno acquires GXTN. The recap also highlights various smaller funding rounds across Europe.

• Over 65 tech funding deals raised more than €2 billion in Europe during the week of September 21-27, 2026.
• Top industries: robotics (€508.3M), AI (€406.6M), and healthtech (€305.8M).
• Leading countries: Portugal (€510.9M), Netherlands (€435.9M), UK (€273.9M).

Bird secures $450M and opens its infrastructure to AI agents

Bird announced securing $450M in financing and opening its infrastructure to AI agents, as featured on the company's blog.

Bird Raises $450M Debt, Cuts Headcount to 120

Bird, the business communications platform formerly known as MessageBird, has raised $450 million in debt financing led by JP Morgan, Capital One, and Citi. The funding includes a $400 million term loan and a $50 million revolving credit facility, with seven banks participating. The proceeds will provide liquidity to existing shareholders, including current and former employees. The company has drastically reduced its headcount from over 1,000 at its peak to 120, driven by automation and a strategic pivot toward AI. Bird is focusing on its AI Agentic Harness platform, which enables AI agents to communicate via SMS, calls, and email. The company reported $165 million in profits last year.

• Bird raised $450 million in debt financing led by JP Morgan, Capital One, and Citi.
• The financing comprises a $400 million term loan and a $50 million revolving credit facility.
• Bird's headcount has been reduced from over 1,000 at its peak to 120 employees.

Central European VCs Debate Bootstrapping, AI, and Exit Strategies

At the Infobip Shift conference in Zadar, Croatia, Central European venture capitalists discussed key startup topics including bootstrapping versus VC funding, the trend of founders seeking larger rounds for prestige, and the pitfalls of 'building for a flip'. Jure Mikuž of South Central Ventures cautioned against raising rounds too small for strategy, while David Clark of Tera Ventures noted that bootsrapping is now easier with AI tools. Réka Hidas of Portfolion emphasized choosing VCs that offer more than capital. On AI, Florian Binswanger of Vercel advised founders to integrate AI deeply into their product rather than adding superficial chatbots, and to use model routers to avoid vendor lock-in. Nina Trejos of Stripe highlighted the importance of adopting usage-based AI pricing early. Infobip's CTO Izabel Jelenić shared lessons on co-founder dynamics. The event highlighted a closing gap between Western and Central European startup ecosystems.

• Infobip Shift conference held in Zadar, Croatia, attended by developers, founders, and VCs from Central Europe.
• Jure Mikuž of South Central Ventures warned against raising rounds too small for strategy and seeking spotlight.
• David Clark of Tera Ventures said there was never a better time for Central European founders to bootstrap, citing AI tools.

Infobip Reports 169.3% Global RCS Growth; US +1298.8%

Infobip, a global AI-first cloud communications platform, reported 169.3% growth in Rich Communication Services (RCS) for Business traffic between H1 2025 and H1 2026. The United States led growth with a 1,298.8% year-on-year increase; Infobip customers sent more than 1.5 billion RCS messages in the US during the period. Infobip processed RCS registration requests for over 7.3k unique brands and delivered 14k successful RCS agent launches. Other notable country growth rates included Spain (+290%), the United Kingdom (+282%), India (+108%) and France (+48%). The company also announced Interactive Session billing is now live in the US, enabling two-way conversational pricing across live RCS markets. Dave Boddington, RCS Business Unit Head at Infobip, commented on the channel’s move from experimentation to mainstream deployment.

• Infobip recorded 169.3% growth in RCS for Business traffic between H1 2025 and H1 2026.
• RCS interactions in the United States increased 1298.8% year-on-year; Infobip customers delivered more than 1.5 billion RCS messages in the US during the period.
• Infobip processed RCS registration requests for more than 7.3k unique brands and delivered 14k successful RCS agent launches.

Conversational AI Emerges as Retail Imperative

A Business Wire piece published on MarTech Series (July 20, 2026) reports that insights from Infobip and Retail Economics indicate retail engagement is shifting from one-way “broadcast” messaging to a conversational, AI-driven relationship model. The article cites high WhatsApp open rates (85–95%) versus email (32.7% in e-commerce), notes 24% of Gen Z prefer WhatsApp and SMS for deliveries/returns, and highlights a readiness gap: 88% of retailers are exploring conversational AI while 0% report full integration. Retail Economics CEO Richard Lim and Infobip retail specialist Kim Johal comment on personalization, channel preferences, and AI-driven automation that can handle routine queries and demonstrate ROI in as little as 60 days.

• Infobip and Retail Economics report the retail engagement model is shifting from one-way “broadcast” notifications to a conversational, AI-driven relationship layer.
• WhatsApp engagement open rates are cited at 85–95%, compared with 32.7% for email in e-commerce.
• 24% of Gen Z now prefer WhatsApp and SMS for deliveries and returns, per Retail Economics commentary.