Good news from around Europe
AI writing startup co-founded by DeepMind creative lead raises $13M seed investment A London-based startup behind an AI writing product, co-founded by an ex-DeepMind creative lead, has emerged from stealth with a $13m seed funding round. Called Marker, the funding round was led by Index Ventures with participation from LocalGlobe.
Catalyxx wins €20M+ EU backing for first commer-cial chemicals plant Spain-based Catalyxx, a developer of bio-based chemicals, has secured a €20 million grant from the European Union through RenewChem, a flagship project selected by the Circular Bio-based Europe Joint Undertaking (CBE JU). The funding will support the construction of Catalyxx’s
Maritime defence startup Kraken Technology hits unicorn status British-founded maritime defence startup Kraken Technology today said it had achieved unicorn status. The startup, founded in 2020 by former speedboat racer Mal Crease, said it had raised $175m in a Series B funding round at a $1bn valuation, according to a press release. The
German AI workforce management startup Sherpa raises $2.2M pre-seed Germany-based Sherpa, a startup developing an AI operating system for external workforce management, has raised $2.2 million in a pre-seed funding round co-led by Seedcamp, DN Capital, Activant Capital and Brighteye, with participation from several operator angels. Founded by Tristan Deschler,
Chip testing startup QuantumDiamonds raises €15M in equity funding A German startup spun out of a famed Munich research university whose tech helps semiconductor firms test out products and find defects has raised €15m in equity funding. The new equity funding in QuantumDiamonds complements a previously announced €76m in EU-backed state funding
“My role is to shape Baryon’s strategy”. A blitz interview with new Chief Strategy & Defence Investment Officer of Baryon Fund Line Rindvig On July 6, 2026, Line Rindvig, the former head of Defence Builder, announced her transition to the investment fund Baryon Fund. There, she assumed the role of
Europe’s newest defence unicorn raises $175m Series B Powered by WPeMatico https://sifted.eu/articles/europes-newest-defence-unicorn-raises-175m-series-b
Europe’s biggest new funds in H1 2026 Powered by WPeMatico https://sifted.eu/articles/europes-biggest-new-funds-in-h1-2026
World Fund, IQ Capital among backers of €91m QuantumDiamonds round Powered by WPeMatico https://sifted.eu/articles/world-fund-iq-capital-quantumdiamonds-round
8 stealth founders using AI to take on the industries they used to work in Powered by WPeMatico https://sifted.eu/articles/8-stealth-founders-using-ai-to-take-on-the-industries-they-used-to-work-in