Day: October 21, 2026

Daytona hits $1B valuation with $60M Series B for AI agent cloud Daytona, a company developing cloud infrastructure for AI agents, has raised $60 million in a Series B funding round at a $1 billion valuation, bringing its total funding to $91 million. The round was led by FirstMark, with

EIT launches €40M funding call to help bring university deep tech research to market The European Institute of Innovation and Technology (EIT) has launched a new call to strengthen the capacity of higher education institutions to turn their research into innovations focused on the manufacturing and deep tech areas.  the

Silent sailing, noisy generators: Hydrogen startups PowerUP and H2Boat tackle yachting’s diesel problem PowerUP Energy Technologies, the Estonian company renowned for its advanced hydrogen fuel cell-based electric generators, today announced a strategic partnership with H2Boat, an Italian marine hydrogen technology startup developing integrated solutions for onboard hydrogen production, storage, and

Nvidia invests in four German startups as part of $10BN European investment pledge Nvidia is investing in four German startups, it said yesterday, as part of a multi-billion-dollar investment across Europe, as the chip company’s charm offensive across the continent continues. The US chip giant is investing in AI robotics startup Agile Robots,

Coherence Quantum raises €2.78M to tackle quantum computer scaling challenges Finnish quantum hardware startup Coherence Quantum has raised €2.78 million in a seed funding round to develop its cryogenic signalling and control technology for quantum computers. The round was led by Lifeline Ventures, with participation from technology entrepreneur Mårten Mickos.

Transport for biological material helps Cellbox raise a €5 million Series A Cellbox Solutions, a German warm-chain logistics technology company, has completed the final closing of its Series A financing, bringing the total to €5 million – the company will develop its business model and expand its offering to include

The cash cost of a 60-day customer (Sponsored) A bigger UK contract can consume runway before it creates cash. Put the payment terms into the funding plan before signing. A large UK customer offers a scale-up a contract with 60-day payment terms. The revenue looks attractive. The less visible question

EIF commits €20 million to Swedish VC BackingMinds to support underrepresented entrepreneurs Swedish VC firm BackingMinds has received around €20 million from the European Investment Fund (EIF) for BackingMinds Invest III in order to seek out promising entrepreneurs and businesses often overlooked by traditional investors. The EIF, which is part

OPINION: Europe needs more than just successful exits The acquisition of Berlin-based Talon.One by Dutch payments provider Adyen in July 2026 offers a useful perspective on European technology investing. A company founded in Germany developed technology valuable to a global payments business, and its next chapter is being written within

Germany’s NEURA Robotics shows no signs of slowing down as it teams up with Austria’s NXAI for physical AI Following last week’s announcement that Germany’s NEURA Robotics would be launching its multimodal foundation for physical AI, today the company confirmed that it would be working with Austria’s NXAI on a