Good news from around Europe
Sodex Innovations secures €4M to bring real-time intelligence to construction sites Constructiontech startup Sodex Innovations has raised €4 million in a funding round led by Capmont Technology. The round also welcomed new investors Bloomhaus, Look AI Ventures and the German business angel group Superangels, while existing backers SOSV, OMA (the
Acurio Ventures launches €115M fund to unlock liquidity in Europe’s VC secondary market Venture capital firm Acurio Ventures today announced the closing of Acurio Secondaries I FCR, an innovative European fund with a size of approximately €115 million that invests exclusively in fund-level secondary transactions involving European VC funds. With
European defencetech leader Helsing secures $1.8B Series E at $18B valuation Helsing, Europe’s leading defence AI company, today announces it has raised $1.8 billion in a Series E, valuing the company at US$18 billion. New and existing investors participated in the round, including Dragoneer Investment Group, Lightspeed Venture Partners, Disruptive, Iconiq, Growth Equity at
Doctorsa raises €1M to expand global telemedicine platform for travellers Doctorsa, a platform connecting travellers with doctors across 40 countries worldwide, has raised €1 million in funding. PranaVentures led the investment, which also saw participation from Vento and 40Jemz Ventures. Founded in Milan by Nadia Neytcheva and Francesco Maria Serino
Revolut to launch US bank in 2027, says US boss Revolut plans to begin operating its US bank next year, says its new US boss, and is gearing up to offer customers FDIC-insured deposits, credit products, and access to cryptocurrencies. Revolut, Europe’s most valuable private company, valued at $75bn, applied for
Waze launches personalized navigation and integrates new Gemini-based features Navigation service Waze is rolling out new features to personalize trips and expand its Gemini AI integration. Waze reported this in the Waze blog. Users will get tools to adapt routes to their habits, a dedicated motorcycle mode, and conversational location
Meta disabled an Instagram feature that allowed creating AI images based on public accounts Meta disabled a new Instagram feature that allowed creating images using artificial intelligence by leveraging content from public accounts. This was reported by The Verge. The company did this after criticism from users. More about Instagram’s
Anthropic recruits Monzo cofounder Tom Blomfield for AI compute team Powered by WPeMatico https://sifted.eu/articles/anthropic-monzo-founder-tom-blomfield
Nscale’s £2bn UK data centre hit by grid delays Powered by WPeMatico https://sifted.eu/articles/nscale-delays
Moneybox crowned Europe’s newest unicorn as it gears up to test London’s Pisces market Powered by WPeMatico https://sifted.eu/articles/moneybox-crowned-unicorn