Good news from around Europe
Vertice acquires Vendr to build AI-powered procurement intelligence platform UK AI procurement platform Vertice, today announced its acquisition of US software pricing platform Vendr. By uniting agentic workflows, AI-powered insights, and expert buying talent, Vertice enables finance and procurement teams in 100+ countries to operate with precision, speed, and impact.
Gradient Labs raises fresh $13M An AI startup that has developed AI agents to help financial businesses eliminate repetitive tasks across customer operations has raised a fresh $13m in funding, doubling its Series A raise to $26m, it said today. Founded by executives from Monzo, Gradient Labs has developed a suite
The radar gap killing Western defences — and the Berlin chip startup closing it Today, Berlin startup Xavveo, a deeptech building perception technology based on a proprietary chip, is expanding to tap fast-growing drone-detection/C-UAV, infrastructure surveillance and perimeter security markets with its cutting-edge dual-use platform. Xavveo’s move follows direct demand
Return Helper raises $4M Series A to turn cross-border ecommerce returns into profit with AI [Sponsored] Return Helper, a tech-first provider of cross-border ecommerce returns solutions, has closed a $4 million Series A funding. The round brings together a mix of strategic and financial backers with deep expertise in commerce
AI-powered finance startup Gradient Labs doubles Series A to $26m Powered by WPeMatico https://sifted.eu/articles/gradient-labs-doubles-series-a
Anthropic’s $65bn round begs the question: ‘Is Europe cooked?’ Powered by WPeMatico https://sifted.eu/articles/is-europe-cooked-anthropic-balderton-eu-inc
SoftBank helps drive record €93bn of foreign investments for ‘Choose France’ Powered by WPeMatico https://sifted.eu/articles/softbank-choose-france-record-93bn
Exclusive: ASML spinout Invisix raises €20m seed round Powered by WPeMatico https://sifted.eu/articles/invisix-seed-round-20m
Frontier computing mapped: 70+ companies racing to power the AI era Powered by WPeMatico https://sifted.eu/articles/advanced-computing-mapped-70-companies-racing-to-make-europe-a-tech-powerhouse
Defense tech darling Mach Industries hits $1.8B valuation, a 4x jump in a year In a wild ride for 22-year-old founder and CEO Ethan Thornton, Mach Industries has raised another $300 million. It already has five autonomous vehicles in development and completed a major acquisition. Powered by WPeMatico https://techcrunch.com/2026/06/01/defense-tech-darling-mach-industries-hits-1-8b-valuation-a-4x-jump-in-a-year/