Month: July 2026

Social media addiction lawsuit against Meta is dropped

Social media addiction lawsuit against Meta is dropped A closely watched social media addiction lawsuit that had been set to go to trial next week has been dropped after the plaintiff voluntarily dismissed his claims against Meta, leaving none of the major tech companies facing trial in the case. Powered

Iceland’s Sowilo raises pre-seed to expand AI-powered fashion product intelligence platform

Iceland’s Sowilo raises pre-seed to expand AI-powered fashion product intelligence platform Iceland-based AI startup Sowilo has raised a pre-seed funding round to support the expansion of Catecut, its fashion product intelligence platform, and the global launch of its Shopify app. The round included participation from Iceland’s Kría fund, Netherlands- and

Airbus anchors €500M European defence tech fund as E2D makes first investment in Alta Ares

Airbus anchors €500M European defence tech fund as E2D makes first investment in Alta Ares Earlybird and AVP are pleased to welcome Airbus Defence and Space as the anchor investor in E2D, the €500 million dual-use and defence technology growth fund the two firms launched last month. The fund is

UK robotics startup Humanoid hits $1.35B valuation with $152M Series A

UK robotics startup Humanoid hits $1.35B valuation with $152M Series A Humanoid, a UK-based AI and robotics company building industrial humanoid robots, today announced a $152 million Series A financing at a $1.35 billion post-money valuation.  This funding brings the total amount raised to date to $270 million.   The

AI engineering project predictor startup Cascade wins backing from a16z accelerator

AI engineering project predictor startup Cascade wins backing from a16z accelerator A London-based startup which is using AI to predict engineering and construction projects before they become live has raised a $3.5 million seed round led by Andreessen Horowitz Speedrun. Called Cascade, the startup is founded by Hannia Zia and Joana Ferreira,

Resist.UA launches €50M European fund to scale Ukraine’s battlefield-proven defencetech

Resist.UA launches €50M European fund to scale Ukraine’s battlefield-proven defencetech Ukrainian defence tech investment platform Resist.UA has announced the launch of Resist 2.0, a new European fund designed to connect international capital with Ukraine’s rapidly growing defence and dual-use technology sector and support the scaling of battlefield-proven technologies.  The fund