EU Information Service

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

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/

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/

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

QuantWare secures €152M for large-scale quantum systems The quantum processor company QuantWare has raised €152 million in a Series B funding round to support the development and scaling of its technology. The announcement follows the introduction of its VIO-40K™ architecture, designed to enable quantum processors with significantly higher qubit capacity

ElevenLabs adds BlackRock, Nvidia and Jamie Foxx to $550M+ Series D One of the UK’s most hyped AI startups today said it has added Nvidia, BlackRock and film stars Jamie Foxx and Eva Longoria to its investment roster, as it also announced it has completed its second employee secondary share

London-founded Corvera raises $4.2M to bring agentic AI to CPG supply chains London-founded Corvera, an agentic supply chain management platform backed by Y Combinator, today announces it has raised $4.2 million (£3 million) in Seed funding to accelerate its expansion and automate end-to-end operational workflows for consumer packaged goods (CPG)