Good news from around Europe
UK AI chip startup Fractile raises $220M to tackle the growing inference bottleneck UK company Fractile has today raised a $220M Series B as it continues to build next-generation inference hardware for AI. The round was led by Accel, Factorial Funds, and Founders Fund, with participation from Conviction, Gigascale, O1A,
Recursive Superintelligence emerges from stealth with $650M raise A London-based AI startup set up just months ago, which believes it’s pursuing the fastest path to surpassing human intelligence, has today come out of stealth, having raised over $650m at a $4.65bn valuation. Called Recursive Superintelligence, the funding round was led by
Glocalzone acquired by MovitOn to expand decentralised logistics network Glocalzone, the platform connecting travellers with cross-border delivery requests, has been acquired by MovitOn as part of a deal focused on expanding peer-to-peer logistics infrastructure and integrating decentralised delivery technology. Founded as a marketplace linking travellers with users seeking international deliveries,
Gyver scores €1.4M to help power Europe’s industrial workforce Gyver, the Italian startup developing workforce infrastructure for Europe’s industrial and energy sectors, has raised €1.4 million in pre-seed funding. The round was led by Brighteye, with participation from āltitude, Vento Ventures, Zanichelli Venture and existing investor Antler, alongside several business
Romanian DesignVerse raises $5.5M to modernise legacy enterprise software Bucharest-based DesignVerse, the enterprise software startup using AI to modernise complex legacy systems, has raised more than $5.5 million in seed funding as demand grows for tools that can safely accelerate software development in mission-critical industries. The round included investment from
ElevenLabs hit with fresh lawsuit over use of voices by Pulitzer and Emmy-winning journalists Powered by WPeMatico https://sifted.eu/articles/elevenlabs-lawsuit-2026
Accel and Thiel’s Founders Fund back Fractile in $220m raise Powered by WPeMatico https://sifted.eu/articles/fractile-220m-accel
Nvidia startup head: ‘Germany is not late’ on AI boom Powered by WPeMatico https://sifted.eu/articles/nvidia-startups-germany-ai-boom
The end of app-hopping: How embedded services are redefining the customer experience Powered by WPeMatico https://sifted.eu/articles/end-of-app-hopping-brnd
Lovable is promising staff a 10% raise on their work anniversary. Here’s why it won’t catch on Powered by WPeMatico https://sifted.eu/articles/lovable-pay-raise-opinion