Orbital Industries raises $50M Series B for AI-designed data-centre hardware
Orbital Industries raises $50M Series B for AI-designed data-centre hardware

The London-and-San-Francisco startup, formerly Orbital Materials, has closed $50M led by Plural for PFAS-free cooling fluid and modular high-density compute infrastructure. Orbital Industries, the London-and-San-Francisco AI-materials startup formerly …

France’s startup scene is falling behind the US and Europe, and AI is both the cause and the cure
France’s startup scene is falling behind the US and Europe, and AI is both the cause and the cure

A new report on the French tech ecosystem by Alexandre Dewez, a partner at venture firm 20VC, paints a picture of a startup scene that is growing more dependent on a handful of AI companies while the rest of the market stalls. French startups raised €6…

Cognition just raised $1 billion at a $26 billion valuation, and 90% of its own code is written by its AI
Cognition just raised $1 billion at a $26 billion valuation, and 90% of its own code is written by its AI

Cognition AI has raised more than $1 billion in new funding at a $26 billion valuation, more than doubling its worth since a September round that valued the company at $10.2 billion. The round was co-led by Lux Capital, General Catalyst, and 8VC, with …

Stord raises $250 million to give independent brands the shipping speed they need to compete with Amazon
Stord raises $250 million to give independent brands the shipping speed they need to compete with Amazon

Stord, a logistics technology company that helps retailers manage inventory, checkout, and fulfillment, has raised $250 million in a Series F round that values the company at $3 billion. The round was led by Strike Capital with participation from Found…

SPARQ opens $8.5M seed round for AI-native game engine, with a16z’s scout fund on the cap table
SPARQ opens $8.5M seed round for AI-native game engine, with a16z’s scout fund on the cap table

SPARQ, a UAE-based startup building what it calls an AI-native game engine, has opened an $8.5m seed round with early participation from the a16z Scout Fund, the vehicle Andreessen Horowitz uses to back early-stage deals through external scouts. The ch…

Avrea raises $4.7M to fix CI/CD before AI coding breaks it
Avrea raises $4.7M to fix CI/CD before AI coding breaks it

The Helsinki startup, founded by Aiven’s Hannu Valtonen and Nosto’s Juha Valvanne, is betting that AI-generated code will overwhelm existing build pipelines. Helsinki startup Avrea emerged from stealth on Tuesday with $4.7m in pre-seed funding led by E…

Paris preventive-health startup Lucis raises $20M Series A four months after seed
Paris preventive-health startup Lucis raises $20M Series A four months after seed

Paris-based Lucis, a preventive-health platform that pairs blood biomarker testing with an AI-driven companion app, has raised a $20m Series A led by Singular, with participation from General Catalyst, Y Combinator and angel investors including Céline …

Finland’s Quanscient raises €10M to build a quantum- and AI-native simulation platform
Finland’s Quanscient raises €10M to build a quantum- and AI-native simulation platform

The Tampere startup wants to rebuild physics simulation as the data engine for AI-driven hardware design. Tampere-based Quanscient has closed a €10 million Series A to scale its cloud-based multiphysics simulation platform, in a round led by Danish qua…

PerPlant raises €1M to put AI cameras on tractors, and 200,000 hectares in the bank
PerPlant raises €1M to put AI cameras on tractors, and 200,000 hectares in the bank

The Copenhagen agtech has already mapped nine times more European farmland than every Danish agricultural drone combined. Two well-known Nordic investors want the United States next. The pitch behind PerPlant is one a farmer can grasp in a sentence: a …

Austrian startup REPS raises $23.6m to turn road traffic into electricity
Austrian startup REPS raises $23.6m to turn road traffic into electricity

Tyrol-based REPS has plugged its first “road power plant” into the Port of Hamburg. The next test is whether the economics survive contact with anywhere else. Tyrol-based REPS has raised $23.6m to scale a technology with an unusually literal premise: i…