Good news from around Europe
Palette raises €3M pre-seed to develop an OS for AI-native teams Copenhagen-based AI software startup Palette has raised €3 million in pre-seed funding to expand its platform for teams adopting AI across their organisations. The round was led by Ugly Duckling Ventures, with participation from Emblem, Acadian Ventures and a
US court allows consideration of thousands of lawsuits against Meta, Google, TikTok and Snapchat over social media addiction A U.S. appellate court allowed the review of more than 3,000 lawsuits against Meta, Google, TikTok and Snapchat to proceed. This was reported by Reuters. Plaintiffs claim the companies designed their platforms
YouTube changes monetization rules: Shorts will have a 10 million views threshold YouTube will change monetization rules for creators in the YouTube Partner Program starting February 1, 2027. This is stated in the company’s blog. Specifically, it concerns a new threshold for earning revenue from ads and subscriptions on Shorts.
Tony Blair’s son seeks $200m for new defence startup, reports say Powered by WPeMatico https://sifted.eu/articles/tony-blair-son-nick-defence-startup-pyra-funding/
South Summit 2026: Three trends shaping the future of European tech Powered by WPeMatico https://sifted.eu/articles/south-summit-2026-future-of-european-tech-brnd/
17 physical AI startups to watch, according to VCs Powered by WPeMatico https://sifted.eu/articles/physical-ai-startups-to-watch-according-to-vcs/
The most underrated areas in deeptech, according to First Momentum cofounder Powered by WPeMatico https://sifted.eu/articles/most-underrated-deeptech-startups-europe/
Phoebe Gates and Sophia Kianni reportedly knew Phia was ‘cookie stuffing’ for months Phia, the shopping startup co-founded by Phoebe Gates and Sophia Kianni, is once again under fire for its alleged business practices. Powered by WPeMatico https://techcrunch.com/2026/08/11/phoebe-gates-and-sophia-kianni-reportedly-knew-phia-was-cookie-stuffing-for-months/
Accel closes oversubscribed $550M India fund within weeks, 19 months after its last The U.S. VC firm still has more than 55% of its previous $650 million India fund available for deployment. Powered by WPeMatico https://techcrunch.com/2026/08/11/accel-closes-oversubscribed-550m-india-fund-within-weeks-19-months-after-its-last/
Uber surprised robotics company Serve by selling its entire stake The divestiture comes as the two once-tight companies have started to diverge on the business side. Powered by WPeMatico https://techcrunch.com/2026/08/11/uber-surprised-robotics-company-serve-by-selling-its-entire-stake/