Good news from around Europe
Swiss startup YQuantum secures €160k to advance miniaturised hardware for quantum computers Hailing out of Zurich, quantum computing startup YQuantum has obtained €160k (CHF 150k) from Venture Kick to develop miniaturised hardware components for the next generation of quantum computers. The funding from Venture Kick will help YQuantum strengthen its
70% of security leaders cite AI governance as a top priority – UK’s AI Score secures €864k pre-Seed to respond London’s AI Score, a new intelligence platform that empowers organisations to harness AI safely, today announced that it has emerged from stealth with over €864k ($1 million) in pre-Seed funding.
OpenAI plans to develop a medical application. What will its functionality include? OpenAI plans to expand its activities into the healthcare sector and develop medical applications, Business Insider reports. According to the publication’s sources, OpenAI is exploring the possibility of creating a personal medical assistant or a platform for collecting
TIN Capital closes €80M European Cyber Tech Fund V to invest in European cybersecurity and IoT companies TIN Capital’s European Cyber Tech Fund V has reached a final closing of over €80 million. The round was led by The European Investment Fund (EIF), supported under the European Commission’s InvestEU program,
Danish defense tech Monopulse secures €1.12M from ILTE to expand UAV production in Europe Monopulse, a Pan European company, developing UAVs and software from the ground up to support critical tasks in any environment, has secured €1.12 million in financing from ILTE Lithuania to expand its UAV production capacity within
Ukrainian company DroneUA has opened an office in London Ukrainian company DroneUA has announced the opening of its first office in the United Kingdom. This was reported by DroneUA founder Valerii Iakovenko. The new office is located in Knightsbridge, one of London’s districts. DroneUA noted that the decision to open
Remote driving startup Vay set to raise $410m from Singapore’s Grab Powered by WPeMatico https://sifted.eu/articles/remote-driving-startup-vay-set-to-raise-410m-from-singapores-grab/
UK tech leaders urge Rachel Reeves to rule out exit tax Powered by WPeMatico https://sifted.eu/articles/uk-tech-leaders-urge-rachel-reeves-to-rule-out-exit-tax/
These investors have backed the most European AI unicorns Powered by WPeMatico https://sifted.eu/articles/these-investors-have-backed-the-most-european-ai-unicorns/
Startups are hitting $10bn valuations faster — is that a problem? Powered by WPeMatico https://sifted.eu/articles/startups-hitting-10bn-valuations-faster/