Month: August 2026

Solinide closes €4M to commercialise photonic chips for AI data centres Swedish deeptech company Solinide Photonics has raised €4 million in seed funding to commercialise its silicon nitride photonic integrated circuit technology and prepare for scalable manufacturing. The round was co-led by Navigare Ventures and PSV Hafnium, with participation from

France’s top-funded tech companies in H1 2026 France remained one of Europe’s leading tech funding markets in H1 2026, with investment concentrated in AI, space, fintech and healthcare. Several large transactions shaped the total, including Eutelsat’s €975 million debt financing, Advanced Machine Intelligence’s €885 million seed round and Mistral AI’s

Callosum raises $100M seed round A UK AI startup that is building software infrastructure that allows AI workloads to run on different chips and AI models has raised $100m in an exceptionally high-value European seed round. Callosum has raised $100m in a seed round led by European VC Atomico, with “significant participation”

Paralo raises £270K to tackle golf’s fragmented technology stack UK golf technology startup Paralo has raised £270,000 in an oversubscribed pre-seed funding round to develop its operating system for golf clubs and a connected product for golfers. £250,000 of the founder-led angel round was raised under the Seed Enterprise Investment

Lithuanian AI startup Guideless raises €1M to streamline software training AI-powered software training and operational knowledge platform Guideless has raised €1 million in pre-seed funding to further develop its technology and expand internationally. The round was led by Superhero Capital, with participation from FIRSTPICK VC and angel investors Thomas Plantenga

UK chip startup Fractile in talks to raise at $6.5bn valuation, reports say Powered by WPeMatico https://sifted.eu/articles/uk-chip-startup-fractile-in-talks-to-raise-at-6-5bn-valuation-reports-say/

Starling unveils weekly AI rollout as fintech race intensifies Powered by WPeMatico https://sifted.eu/articles/starling-weekly-ai-rollout/

AI model maker Domyn raises over $1bn Powered by WPeMatico https://sifted.eu/articles/domyn-raises-over-1bn/

Callosum raises $100m seed led by Atomico to tackle AI compute bottlenecks Powered by WPeMatico https://sifted.eu/articles/callosum-raise-atomico-plural-uk-sovereign-ai/

How badly does Europe need its own frontier AI models? Powered by WPeMatico https://sifted.eu/articles/europe-frontier-ai-anthropic-trump-security/