Category: Startups

Peter Sarlin’s AI startup Qutwo hits €325M valuation months after launch A Finnish AI startup, co-founded by an executive whose previous startup was sold to US semiconductor giant AMD, has raised €25m in an angel round, giving it a €325m valuation, just months after its launch. Helsinki-based Qutwo was co-founded by Peter

The vague job title catapulting young tech workers to the top Powered by WPeMatico https://sifted.eu/articles/founder-associate-career-move

Silo founder raises €25m for ‘Palantir of quantum computing’ Powered by WPeMatico https://sifted.eu/articles/qutwo-hugging-face-legora-funding-round

20 early-stage startups to watch from Europe’s fastest-growing Tier 2 hubs Powered by WPeMatico https://sifted.eu/articles/20-early-stage-startups-to-watch-tier-2-hubs

Barry Diller trusts Sam Altman. But ‘trust is irrelevant’ as AGI nears, he says. Barry Diller defended OpenAI CEO Sam Altman, while warning that AGI remains an unpredictable force needing guardrails. Powered by WPeMatico https://techcrunch.com/2026/05/06/barry-diller-trusts-sam-altman-but-trust-is-irrelevant-as-agi-nears-he-says/

A 20-minute pitch wins Indian startup Pronto backing from Lachy Groom The investment comes as Pronto scales to 26,000 daily bookings and the market heads toward a potential $18 billion size. Powered by WPeMatico https://techcrunch.com/2026/05/06/a-20-minute-pitch-wins-indian-startup-pronto-backing-from-lachy-groom/

Snap says its $400M deal with Perplexity ‘amicably ended’ The deal, announced last November, would have seen Perplexity’s AI search engine integrated directly into Snapchat. Powered by WPeMatico https://techcrunch.com/2026/05/06/snap-says-its-400m-deal-with-perplexity-amicably-ended/

Is xAI a neocloud now? xAI’s real business may be more about building data centers than training AI models.  Powered by WPeMatico https://techcrunch.com/2026/05/06/is-xai-a-neocloud-now/

Insurance startup Corgi hits $1.3B valuation 4 months after its Series A Corgi announced on Wednesday a $160 million Series B, led by TCV, valuing the startup at $1.3 billion. Powered by WPeMatico https://techcrunch.com/2026/05/06/insurance-startup-corgi-hits-1-3b-valuation-4-months-after-its-series-a/

Netradyne acquires Moove Connected Mobility to scale AI-powered fleet intelligence across Europe AI-powered fleet safety and performance solutions provider Netradyne has acquired Moove Connected Mobility, a German-founded fleet intelligence and connected mobility company. By combining Netradyne’s AI-driven edge intelligence platform with Moove’s strong local presence, customer relationships, and operational experience, the