Category: Startups

Lovable just backed a company that’s looking to bring vibe coding to hardware Hardware company Atech raised $800,000 in pre-seed funding, including from a16z’s scout fund, Sequoia Scout Fund, and Nordic Makers.  Powered by WPeMatico https://techcrunch.com/2026/05/14/lovable-just-backed-a-company-thats-looking-to-bring-vibe-coding-to-hardware/

OpenAI says Codex is coming to your phone The update gives users enhanced flexibility over how they can manage their workflows. Powered by WPeMatico https://techcrunch.com/2026/05/14/openai-says-codex-is-coming-to-your-phone/

Elon Musk’s SpaceXAI has been bleeding staff since its merger More than 50 employees have reportedly left Elon Musk’s newly merged SpaceXAI since February, raising questions about burnout, leadership changes, talent poaching, and whether liquidity events weakened retention incentives. Powered by WPeMatico https://techcrunch.com/2026/05/14/elon-musks-spacexai-has-been-bleeding-staff-since-its-merger/

Cerebras IPO makes billions for Benchmark but VC Eric Vishria almost didn’t take the meeting Benchmark almost never backs hardware startups. So Eric Vishria dragged his feet ten years ago before agreeing to hear Cerebras’ pitch. Powered by WPeMatico https://techcrunch.com/2026/05/14/cerebras-ipo-makes-billions-for-benchmark-but-vc-eric-vishria-almost-didnt-take-the-meeting/

UK AI chip startup Fractile raises $220M to tackle the growing inference bottleneck UK company Fractile has today raised a $220M Series B as it continues to build next-generation inference hardware for AI. The round was led by Accel, Factorial Funds, and Founders Fund, with participation from Conviction, Gigascale, O1A,

Glocalzone acquired by MovitOn to expand decentralised logistics network Glocalzone, the platform connecting travellers with cross-border delivery requests, has been acquired by MovitOn as part of a deal focused on expanding peer-to-peer logistics infrastructure and integrating decentralised delivery technology. Founded as a marketplace linking travellers with users seeking international deliveries,

Recursive Superintelligence emerges from stealth with $650M raise A London-based AI startup set up just months ago, which believes it’s pursuing the fastest path to surpassing human intelligence, has today come out of stealth, having raised over $650m at a $4.65bn valuation. Called Recursive Superintelligence, the funding round was led by

Romanian DesignVerse raises $5.5M to modernise legacy enterprise software Bucharest-based DesignVerse, the enterprise software startup using AI to modernise complex legacy systems, has raised more than $5.5 million in seed funding as demand grows for tools that can safely accelerate software development in mission-critical industries. The round included investment from

Gyver scores €1.4M to help power Europe’s industrial workforce Gyver, the Italian startup developing workforce infrastructure for Europe’s industrial and energy sectors, has raised €1.4 million in pre-seed funding. The round was led by Brighteye, with participation from āltitude, Vento Ventures, Zanichelli Venture and existing investor Antler, alongside several business

ElevenLabs hit with fresh lawsuit over use of voices by Pulitzer and Emmy-winning journalists Powered by WPeMatico https://sifted.eu/articles/elevenlabs-lawsuit-2026