Good news from around Europe
Orbital Industries secures $50M to scale data centre infrastructure systems Orbital Industries, a London-based company developing industrial hardware and infrastructure using AI-driven engineering and materials discovery systems, has raised $50 million in a Series B funding round led by Plural, with participation from existing investors including NVentures, Radical Ventures, Compound,
Monzo Mobile to reward “staying, not switching” Monzo, the UK digital bank, today unveiled details about its move into offering mobile phone contracts, with Monzo Mobile pitching itself as rewarding “staying, not switching” customers. Built on the Virgin O2 network, Monzo Mobile will launch this summer and is offering mobile
London topples Paris to regain European tech top spot London has reclaimed its position as Europe’s top tech ecosystem, knocking Paris off the top spot, driven by record AI investment, according to new data. The Dealroom Global Tech Ecosystem Index data also shows that Europe is home to more of the world’s highest-performing
Carissa Véliz on the dangers of predictive AI Powered by WPeMatico https://sifted.eu/articles/carissa-veliz-podcast
Mistral strikes deals with BMW and Airbus in ‘industrial AI’ push Powered by WPeMatico https://sifted.eu/articles/mistral-industrial-ai-push
Inside Mistral’s billion-dollar bet on building Europe’s AI cloud Powered by WPeMatico https://sifted.eu/articles/inside-mistral-billion-dollar-bet-europe-ai-cloud
Fixing the BaaS bottleneck: How Papaya is redesigning fintech infrastructure Powered by WPeMatico https://sifted.eu/articles/fixing-the-baas-bottleneck-brnd
My startup sent me to a deserted island with no running water Powered by WPeMatico https://sifted.eu/articles/sana-deserted-island
Blue Origin’s New Glenn rocket explodes during testing in Florida The explosion is likely a major setback for Jeff Bezos’ spaceflight company, and its attempt to compete with SpaceX. Powered by WPeMatico https://techcrunch.com/2026/05/28/blue-origins-new-glenn-rocket-explodes-during-testing-in-florida/
Glean’s top line crosses $300M as AI budget-cutting becomes its major selling point The enterprise AI search startup tripled its annual revenue even as tech giants entered the category. Powered by WPeMatico https://techcrunch.com/2026/05/28/gleans-top-line-crosses-300m-as-ai-budget-cutting-becomes-its-major-selling-point/