Good news from around Europe
AI consulting startup co-founded by DeepMind scientist lands $22.75M Series A An AI consulting-cum-recruitment startup co-founded by a Google DeepMind scientist and a SoftBank executive has raised $22.75m, led by new investor Andreessen Horowitz. The Series A founding round in Ethos also features participation from General Catalyst, Matt Miller’s Evantic
OpenTrade secures $17M in strategic funding to scale its stablecoin yield infrastructure OpenTrade, a stablecoin yield infrastructure platform used by fintechs and exchanges, has raised $17 million in a strategic funding round led by Mercury Fund and Notion Capital, with participation from a16z Crypto, AlbionVC, and CMCC Global. The round
RSI Europe skipped the crowded drone race — and it paid off In modern warfare, speed is becoming the defining advantage. Systems that once took years to design and deploy are now expected to reach the battlefield in months — or risk becoming irrelevant before they are ever used. RSI
Peter Sarlin’s AI startup Qutwo hits €325M valuation months after launch A Finnish AI startup, co-founded by an executive whose previous startup was sold to US semiconductor giant AMD, has raised €25m in an angel round, giving it a €325m valuation, just months after its launch. Helsinki-based Qutwo was co-founded by Peter
Antwerp startup Maurice & Nora raises €1M to address rising care demand Antwerp-based social-impact startup Maurice & Nora has raised €1 million in funding to accelerate its growth and expand its platform for non-medical in-home assistance. The round includes backing from investors such as Coformaco (led by Conny Vandendriessche), Dries
The vague job title catapulting young tech workers to the top Powered by WPeMatico https://sifted.eu/articles/founder-associate-career-move
Silo founder raises €25m for ‘Palantir of quantum computing’ Powered by WPeMatico https://sifted.eu/articles/qutwo-hugging-face-legora-funding-round
20 early-stage startups to watch from Europe’s fastest-growing Tier 2 hubs Powered by WPeMatico https://sifted.eu/articles/20-early-stage-startups-to-watch-tier-2-hubs
A 20-minute pitch wins Indian startup Pronto backing from Lachy Groom The investment comes as Pronto scales to 26,000 daily bookings and the market heads toward a potential $18 billion size. Powered by WPeMatico https://techcrunch.com/2026/05/06/a-20-minute-pitch-wins-indian-startup-pronto-backing-from-lachy-groom/
Barry Diller trusts Sam Altman. But ‘trust is irrelevant’ as AGI nears, he says. Barry Diller defended OpenAI CEO Sam Altman, while warning that AGI remains an unpredictable force needing guardrails. Powered by WPeMatico https://techcrunch.com/2026/05/06/barry-diller-trusts-sam-altman-but-trust-is-irrelevant-as-agi-nears-he-says/