Tech

Ex-Deepmind employees raise $220M for “AGI” model

Posted by May 21, 2024

“H”, a global foundation model and “agentic” AI company, has thrown its hat in the ring as a challenger in the race towards “AGI” with a $220M Seed

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EU’s AI Act set to enter force next month

Posted by May 21, 2024

The EU’s AI Act is set to enter force next month after receiving a final rubber-stamp from the European Council. Ministers today

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Capchase secures €105M credit facility for SaaS revenue acceleration

Posted by May 21, 2024

Revenue accelerator platform for SaaS companies, Capchase, today announced it has secured a €105 million credit facility warehouse led by Deutsche Bank. This

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Imec raises €2.5B for advanced chip tech R&D pilot line

Posted by May 21, 2024

Global R&D hub Imec Flanders today announced at its annual Imec Technology Forum in Antwerp (ITF World 2024) that it has raised a €2.5 billion investment

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European tech loves the Gulf – does it love us…

Posted by May 21, 2024

This article first appeared in Sifted’s Daily newsletter, sign up here.I’ve recently returned from a few weeks in the UAE, where I met with European founde

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Zen Educate raises $37M Series B, the largest round in…

Posted by May 21, 2024

Zen Educate, an online marketplace that matches schools with the best available substitute teachers and teaching assistants, has successfully closed a $37 mill

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PitchBook’s Q1 2024 European VC Valuations Report – Valuations, trends,…

Posted by May 21, 2024

Although it is very possible to see some changes by the end of the year, quarterly trends can set the tone for how valuations trend through the year. A new “

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Europe’s original sustainability VC, ETF Partners, raises €285M in oversubscribed…

Posted by May 21, 2024

ETF Partners has announced the completion of fundraising of its fourth fund. The fund was oversubscribed at €285 million, compared to its target size of €2

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Historic first as companies spanning North America, Asia, Europe and…

Posted by May 20, 2024

The UK and Republic of Korea have secured commitment from 16 global AI tech companies to a set of safety outcomes, building on Bletchley agreements wit

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Oxford Endovascular raises £8M for aneurysm treatment device

Posted by May 20, 2024

Oxford University spinout Oxford Endovascular has secured £8M in a Series A funding round to advance its brain aneurysm technology. The company hopes to perfo

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Budapest-founded DiffuseDrive secures funds for advanced data generation tools

Posted by May 20, 2024

Budapest-founded DiffuseDrive has raised undisclosed funding. Founded by Balint Pasztor, CEO, and Roland Pinter, CTO the company aims to solve the lack of data

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QA.tech raises €3M for quality assurance software

Posted by May 20, 2024

Swedish quality assurance testing startup QA.tech has raised €3M six months after its pre-seed raise. The round was led by British VC PROfounders, with Curio

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