Good news from around Europe
Granola raises $125M at $1.5BN valuation Granola, the AI note-taking app, has bagged a $125m funding round, elevating its valuation to $1.5bn, hitting unicorn status, it announced today. The funding round was led by Index Ventures, with participation from Kleiner Perkins with existing investors Lightspeed, Spark and Nat Friedman and Daniel Gross
futurepresent emerges from stealth with $300M Fund I to back AI across infrastructure and industry After more than a year of quietly investing, German-US VC firm futurepresent is emerging from stealth with Fund I totalling $300 million. The firm is being built as a deliberately small partnership with a flexible
German fintech Solaris to axe 20 per cent of 400-strong workforce, as becomes “AI-native bank” One of Germany’s most high-profile fintechs in recent years is cutting 20 per cent of its workforce, as it looks to become an “AI-native bank”, marking the latest restructure at Solaris. Solaris, which offers white-label banking services and
Y Combinator-backed Mandel AI raises $3.9M to automate global supply chains Mandel AI has raised $3.9 million Seed funding to build coordination for global supply chains. The startup has developed an AI supply chain coordinator that helps manufacturers manage supplier coordination, detect disruptions, and automate procurement, replacing the spreadsheets and
Entrix raises €43M as contracted battery storage portfolio reaches 3GW Battery optimisation company Entrix today announced two critical milestones. It has raised €43 million in funding and reached 3 GW / 8.5 GWh of contracted battery storage capacity. Of the contracted portfolio, 2 GW will be live and operational during
AI notetaking startup Granola hits unicorn status with $125m Series C Powered by WPeMatico https://sifted.eu/articles/ai-notetaking-startup-granola-hits-unicorn-status
Due diligence startup Eunice raises $8m backed by Moonfire Ventures and Speedinvest Powered by WPeMatico https://sifted.eu/articles/eunice-funding-round-crypto-compliance-ai
EIF launches €15bn fund of funds to back 100 growth-stage VCs Powered by WPeMatico https://sifted.eu/articles/eif-launches-e15bn-fund-of-funds
Swiss spacetech Pave Space raises $40m seed round as concerns around space sovereignty heat up Powered by WPeMatico https://sifted.eu/articles/pave-space-fundraise-sovereignty
‘Fight like your lives depend on it, boys’: Sifted goes ringside at Europe’s first robot boxing match Powered by WPeMatico https://sifted.eu/articles/europes-first-robot-boxing-match