Good news from around Europe
With the EU now in range of Russian attacks, Helsing unveils new AI-powered missile defence system In response to recent reports of Russian advancement in drone and missile production, German military AI startup Helsing has unveiled Contra; an AI-controlled autonomous air defence system against scaled drone and missile attacks. The
Italy’s Z_One Fund secures over €35 million at first close to back AI and UrbanTech startups Z_One Fund, the Italian venture capital fund managed by Eureka! Venture has announced the first close at more than €35 million, with a total fundraising target of €60 million. The fund’s investor base includes
EU Inc. survives Council negotiations, but are Europe’s founders getting what they asked for? On Friday, 23 October 2026, the Council of the European Union adopted its negotiating position on the proposed 28th corporate regime (EU Inc.), retaining the ambition of allowing companies to incorporate online within 48 hours for
SpaceX raised $40B of debt financing to purchase chips for AI SpaceX raised $40 billion of debt financing to purchase graphics processing units (GPUs) needed for artificial intelligence. This was reported by the company’s CEO Ilon Mask. The new equipment is expected to arrive in the first half of 2027.
Revolut CEO slams ‘dangerous’ VCs, says he removed them from board Powered by WPeMatico https://sifted.eu/articles/revolut-ceo-slams-dangerous-vcs/
EQT Ventures and QuantumLight back wealthtech platform Nevis in $70m raise Powered by WPeMatico https://sifted.eu/articles/revolut-alumni-nevis-wealth-tech-management-funding-round/
Revolut’s UK lending push is a ‘watershed’ moment. Can it take on the big banks? Powered by WPeMatico https://sifted.eu/articles/revolut-lending-personal-watershed-challenge-banks/
AI takes the easy decisions; leaders must get comfortable with the hard ones Powered by WPeMatico https://sifted.eu/articles/ai-takes-the-easy-decisions-leaders-brnd/
Evertrace acquires Veck to strengthen early founder detection Powered by WPeMatico https://sifted.eu/articles/evertrace-acquires-veck-brnd/
How OpenAI turned its coding tools into dots, an always-on personal assistant Alexander Embiricos, the OpenAI executive responsible for dots, never wants to have a meeting with someone else’s AI agent. Powered by WPeMatico https://techcrunch.com/2026/10/26/how-openai-turned-its-coding-tools-into-dots-an-always-on-personal-assistant/