Category: Startups

Revolut clinches French banking licence Revolut today said it had secured a French banking licence, as it looks to beef up its regulatory standards across Western Europe, its fastest-growing region. Europe’s most valuable tech firm said it had received approval for the licence from the French banking regulator, the ACPR,

Cambridge Aerospace’s valuation leaps to $3.4BN as raises $300M UK defence technology startup Cambridge Aerospace has raised $300m at a $3.4bn valuation, a significant uplift on its valuation just a few months ago. The Series C funding round in the counter-drone startup was led by US investor DFJ Growth and supported by Lux,

Visoid raises $2.5M to expand AI visualisation platform for architects Oslo-based AI startup Visoid has raised $2.5 million in funding to accelerate the development of its AI visualisation platform for architects and support its international growth. The round was led by Skyfall Ventures, with participation from existing investors StartupLab, OBOS

Memory shortage. Apple tests Chinese chips for iPhone and MacBook Apple is negotiating with Chinese memory-chip maker CXMT over the possible supply of components for devices that will be sold in China. This is reported by the Wall Street Journal. Gaining access to Chinese resources should help the company alleviate

Apple Is Preparing an Update to the Apple Watch. Ideas Include Screenless Models Apple is working on a major update to the Apple Watch lineup and is exploring new device formats, including models without a screen. Bloomberg reports. The company is investigating possible changes against the backdrop of growing popularity

UK air defence startup Cambridge Aerospace hits $3.4bn valuation in new fundraise Powered by WPeMatico https://sifted.eu/articles/cambridge-aerospace-fundraise-valuation/

Revolut granted French banking licence Powered by WPeMatico https://sifted.eu/articles/revolut-french-banking-licence/

‘I’m not here to be acquired’: Meet Nabla’s new CEO Brian Manning Powered by WPeMatico https://sifted.eu/articles/brian-manning-ceo-nabla/

DeepMind’s future has become all the more critical for the UK Powered by WPeMatico https://sifted.eu/articles/deepmind-google-future-uk-opinion/

DeepMind shakeup tests UK’s AI ambitions Powered by WPeMatico https://sifted.eu/articles/google-deepmind-shakeup-london-ai-ambition-analysis/