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Europe’s Deep-Tech Paradox

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Europe does not suffer from a shortage of capital. What it lacks is the legal courage and analytical competence required to direct that capital toward the areas where it can create the greatest long-term value: SciTech startups. This gap shapes the entire continent’s innovation landscape, and Sweden is no exception. Even as Sweden is celebrated […]

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Proxima Fusion seeks €2 Billion to build a nuclear fusion test facility

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Proxima Fusion, a Munich-based nuclear energy startup, has outlined plans to raise about €2 billion to build a major fusion test facility in Germany that could be a milestone on the path to commercially viable fusion power. The company expects more than half of that, roughly €1.2 billion, to come from the German federal government, […]

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AI agents, outdated training and live search grounding

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An AI assistant is asked a simple question: has this company changed its CEO? It responds confidently, citing information that was accurate a few months ago. The problem is that the leadership changed last week. This is the structural limitation of many AI systems today. Large language models (LLMs) are trained on historical snapshots, which […]

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Mistral AI buys cloud startup Koyeb

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When European tech observers talk about AI ambition, the narrative often splits neatly in two: models and infrastructure. On one side are the clever bits of code that can write, reason, and generate text or images. On the other is the gritty reality of making those bits run reliably, at scale, and in production. Today, […]

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Stanhope AI raises $8M to build adaptive AI for robotics and defence

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London-based deep tech startup Stanhope AI has closed a €6.7 million ($8 million) Seed funding round to advance what it calls a new class of adaptive artificial intelligence designed to power autonomous systems in the physical world. The round was led by Frontline Ventures, with participation from Paladin Capital Group, Auxxo Female Catalyst Fund, UCL Technology Fund, and MMC Ventures. The company says its approach moves beyond the pattern-matching strengths of large language models, aiming instead for systems that can perceive, reason, and act with a degree of context awareness in uncertain environments. Stanhope is developing what it terms a…

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Aerska raises $39M to help RNA medicines reach the brain

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For families living with neurodegenerative disease, the hardest part is not always the diagnosis. It is the slow erosion that follows: memory fading, personality shifting, independence shrinking. It unfolds quietly. First, forgotten appointments. Then repeated questions. Then moments when a familiar face no longer feels familiar. The illness does not isolate itself to one body. It rearranges the lives around it. Partners become caregivers. Children become decision-makers. Conversations grow shorter. Patience grows thinner. Guilt creeps in, for being tired, for wishing things were easier, for missing the person who is still physically there. Neurodegeneration is rarely a single patient story.…

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Databricks hits $5.4B revenue run rate and banks a $134B valuation in a rare software surge

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Databricks is having one of those years that most enterprise software companies would quietly envy. The data and AI platform says it has reached a $5.4bn annual revenue run rate, growing 65% year over year, at a time when growth across the sector has cooled noticeably. For a private company, that pace is rare. And it helps explain why investors have continued to pour money into Databricks, even as funding has become more selective. The company says it has now raised more than $7bn in total capital, including recent equity funding that values the business at $134bn, alongside a large…

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The European Union has put €700 million into NanoIC

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The European Union has formally inaugurated NanoIC, a semiconductor pilot line backed by a €700 million investment under the European Chips Act. The facility aims to accelerate the development of advanced chip technologies and strengthen Europe’s position in the global semiconductor landscape. Situated at the research hub imec in Leuven, NanoIC is designed as an open pilot line where companies, research institutes, and startups can prototype and test cutting-edge components before commercial deployment. Unlike traditional closed fabs, the facility offers access to beyond-2-nanometre system-on-chip (SoC) technologies, early-stage process design kits, and advanced toolsets that bridge the gap between laboratory research…

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