Category: Startups

SpaceX launches Starship V3 for the first time, but loses booster on return The company had a mostly successful first launch of its upgraded Starship V3, which it needs to power its many ambitious goals in the years to come. Powered by WPeMatico https://techcrunch.com/2026/05/22/spacex-launches-starship-v3-for-the-first-time-but-loses-booster-on-return/

AI is being used to resurrect the voices of dead pilots People used AI on a spectrogram image of cockpit recordings to reconstruct them, forcing the NTSB to temporarily block access to its docket system. Powered by WPeMatico https://techcrunch.com/2026/05/22/ai-is-being-used-to-resurrect-the-voices-of-dead-pilots/

How VCs and founders use inflated ‘ARR’ to crown AI startups  Some AI startups are stretching traditional revenue metrics when talking about progress publicly. And their investors are fully aware. Powered by WPeMatico https://techcrunch.com/2026/05/22/how-vcs-and-founders-use-inflated-arr-to-kingmake-ai-startups/

Efferon secures €2.5M to grow blood purification platform Biotech company Efferon has raised €2.5 million in a seed funding round led by private investors from the DACH region to support the European commercial expansion of Efferon LPS, its hemoadsorption device approved for the treatment of sepsis and septic shock. Efferon

Imperagen raises £5M seed round to accelerate AI-driven enzyme engineering Manchester techbio Imperagen has closed a £5 million seed funding round led by PXN Ventures with participation from Imperagen’s existing investors IQ Capital and Northern Gritstone. Established in 2021 by researchers from the Manchester Institute of Biotechnology, Imperagen is focused on

Starling’s SaaS business sees revenue lift but group profits dip Starling Bank has reported a drop in profits and revenues, but said revenues at its SaaS subsidiary surged, according to its latest set of financial results. The UK challenger bank, which has over six million customers, reported that pre-tax profits

AI: 10 companies that raised the most in 2025 European AI companies raised over €5.3 billion during 2025, with capital heavily concentrated among a small group of companies led by Mistral AI, Helsing, Black Forest Labs, Synthesia, ElevenLabs and n8n. While foundation models, defence AI and generative media attracted some

ICEYE secures €300M credit facility to scale sovereign satellite intelligence Spacetech company ICEYE today announces it has originated a €300 million 3-year committed revolving credit facility (RCF). ICEYE delivers persistent monitoring capabilities to detect and respond to changes in any location on Earth and owns the world’s largest and most

KKR backs UK’s newest unicorn in $80m round Powered by WPeMatico https://sifted.eu/articles/kkr-backs-uks-newest-unicorn-in-80m-round

Earlybird raising €500m defence fund with French investor AVP, sources say Powered by WPeMatico https://sifted.eu/articles/earlybird-avp-defence-fund-joint-venture