Good news from around Europe
OpenAI institutes new safeguards after Hugging Face breach The new safeguards include more detailed monitoring of models during the development process, as well as greater emphasis on alignment and security during the post-training process. Powered by WPeMatico https://techcrunch.com/2026/08/18/openai-institutes-new-safeguards-after-hugging-face-breach/
SoftBank invests $200M in Swiss robotics startup Gravis Robotics SoftBank has invested $200m in Swiss robotics startup Gravis Robotics, in what has been billed as a record investment. Gravis says the Series A funding round, in which the Japanese investor was the sole investor, is the largest Series A in
Monzo chairman Gary Hoffman to stand down after nearly eight years The chairman of Monzo’s board, who was reportedly in a boardroom battle with some Monzo shareholders over the departure of its former CEO, is standing down from the role. Banking veteran Gary Hoffman is standing down from the role at the
Nebex launches €100M initiative to turn global space spending into revenue for French startups Tejpaul Bhatia, CEO of space trading company Nebex, told me something that he admits will upset many, many, many space entrepreneurs, “with the exception of maybe Elon Musk.” “The only thing that matters right now in
Defence tech investor and builder Gallos raises $50M A defence tech investor and builder which counts Sir Jeremy Fleming, the former director of the UK’s security and cyber agency GCHQ, as an advisor has raised $50m. The funding round in Gallos Technologies, which is still open, was led by Ventura Capital,
Astute raises $1.2M and launches B2B new media platform Astute, a platform that helps B2B companies manage partnerships with newsletter, podcast and social media creators, has raised an oversubscribed $1.2 million pre-seed round as it launches its new platform. The round was backed by Flyer One Ventures, Silicon Gardens, Marathon
Exclusive: Nik Storonsky’s VC firm closes $500m for second fund Powered by WPeMatico https://sifted.eu/articles/revolut-nik-storonsky-quantumlight-closes-500/
Gravis Robotics hits $1bn valuation with $200m investment from SoftBank Powered by WPeMatico https://sifted.eu/articles/gravis-robotics-1bn-valuation-200m-softbank/
Your verified customers are for sale: The rise of account farms Powered by WPeMatico https://sifted.eu/articles/the-rise-of-account-farms-brnd/
Does it make sense for Revolut to get physical? Powered by WPeMatico https://sifted.eu/articles/revolut-airport-lounges-opinion/