Good news from around Europe
One of Europes most active LPs, British Business Bank, retires British Patient Capital sub-brand Powered by WPeMatico https://sifted.eu/articles/british-business-bank-retire-brand-vc/
A 25-year-old police drone founder just raised $75M led by Index If you ever call 911 from an area that’s hard to get to, you might hear the buzz of a drone well before a police cruiser pulls up. And there’s a good chance that it will be one made
Instagram is beefing up its search to compete with TikTok Instagram head Adam Mosseri says the company is looking to improve the app’s search functionality, admitting this is an area where Instagram could do more to compete. The remarks, made on a recent episode of the “Build Your Tribe” podcast,
Deep Cogito emerges from stealth with hybrid AI ‘reasoning’ models A new company, Deep Cogito, has emerged from stealth with a family of openly available AI models that can be switched between “reasoning” and non-reasoning modes. Reasoning models like OpenAI’s o1 have shown great promise in domains like math and
No, Stripe is not becoming a bank Last week, details emerged about an application that fintech giant Stripe had submitted for a U.S. banking license. There was a lot of chatter on X about whether this meant Stripe — already the largest privately valued fintech in the world — would
Inside the EV startup secretly backed by Jeff Bezos Jeff Bezos is funding a secretive EV startup based in Michigan called Slate Auto that could start production as soon as next year, according to multiple sources and documents that link the billionaire’s family office to the startup. Slate, which took
French unicorn Pennylane scores €75M funding, as CapitalG joins investor roster Pennylane, the French accounting software unicorn, has raised €75m in a funding round co-led by Sequoia Capital, Alphabet’s CapitalG, and Meritech Capital Partners, with DST Global also participating. CapitalG, which is Alphabet’s venture unit, and Meritech are first-time investors
Running a startup with your wife is “draining”, says co-founder of Tom Blomfield-backed Gen H The co-founder of a fintech mortgage lender backed by Monzo’s Tom Blomfield says working with your co-founder wife is “draining”, reflecting on the five and a half years they ran the startup together. Gen H,
Accure Therapeutics secures $1.6M from Michael J. Fox Foundation and Luxembourg national research Fund Barcelona neuroscience R&D company Accure Therapeutics has received two grants totalling €1.46 million for two separate development programs on its drug candidate ACT-02. ACT-02 is a novel asset with disease-modifying potential, inhibiting Prolyl Endopeptidase (PREP), a
AI powerhouse Model ML acquires Flippr Decision-making platform Model ML has acquired Flippr, known for its best-in-class document AI agents, in a deal that signals a major push for dominance in the trillion-dollar professional services market. Model ML transforms finance and professional services, helping professionals make high-stake decisions faster and more accurately,