Month: May 2026

Featherless.ai secures $20M to expand serverless platform for open-source AI

Featherless.ai secures $20M to expand serverless platform for open-source AI Featherless.ai, a platform for running open-source AI, has secured $20 million in Series A funding to give enterprises a new path to AI independence. The round was co-led by AMD Ventures and Airbus Ventures, with participation from BMW i Ventures,

UK startups enter UK parliament with hope for change

UK startups enter UK parliament with hope for change There is something faintly gladiatorial about startups being ushered into Westminster, whether the House of Commons or the House of Lords. Not literally, of course, there are no lions behind Select Committee doors, but the dynamic is unmistakable… there’s going to

Invest Europe: PE- and VC-backed firms grow jobs 4%, 4x faster than Europe in 2024

Invest Europe: PE- and VC-backed firms grow jobs 4%, 4x faster than Europe in 2024 Invest Europe has published the seventh edition of its Private Equity at Work report, highlighting continued job creation by private equity (PE) and venture capital (VC)-backed companies across Europe. The report shows that PE- and

Mosaic SoC raises $3.8M pre-seed to build low-power perception chips for spatial computing

Mosaic SoC raises $3.8M pre-seed to build low-power perception chips for spatial computing Mosaic SoC, which builds dedicated perception chips that bring spatial intelligence to energy-constrained devices, has raised a $3.8 million Pre-Seed round led by Founderful with participation from Kick Foundation. The next wave of consumer devices won’t capture

SPRIND launches €125M Next Frontier AI challenge to back new AI paradigms in Europe

SPRIND launches €125M Next Frontier AI challenge to back new AI paradigms in Europe SPRIND has launched the Next Frontier AI challenge, inviting up to ten teams from across Europe to develop new approaches that expand current paradigms in artificial intelligence. The selected teams will receive seed funding from SPRIND