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The partnership puts Rivian’s in-house chip and full autonomous stack to work as a robotaxi platform, with commercial deployments planned for San Francisco and Miami in 2028. Uber has been signing robotaxi deals at a pace that can make any single announcement feel routine. But this partnership with Rivian is structurally different from the rest […]
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Uber and Rivian strike $1.25bn robotaxi deal Read More »
Dozens of executives from European tech scaleups have backed a new venture firm built on the thesis that people who have scaled billion-dollar companies know which founders can do it again. For years, the criticism of European venture capital has been structural: too few firms willing to write large cheques, and too little operational experience […]
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Former scaleup operators launch Operator Circle VC to back Europe’s next decacorn Read More »
The Paris-based VC is targeting 15 B2B companies with revenues above €10M in clean manufacturing, sustainable agriculture, green construction, and digital health, with carry tied to impact performance for the first time. Europe has no shortage of early-stage climate tech funding. What it has historically lacked is the growth capital to take companies that have […]
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The five-year agreement expands an existing relationship between the two companies and will involve one of the first large-scale deployments of Nvidia’s new Vera Rubin chips. Nebius shares surged 14% in pre-market trading. Meta has signed a new long-term AI infrastructure agreement with Dutch neocloud operator Nebius Group worth up to $27 billion over five […]
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NVIDIA has agreed to invest $2 billion in Nebius Group, the Amsterdam-based AI cloud company that emerged from the wreckage of Yandex after Russia’s invasion of Ukraine, in a deal that pairs a substantial capital injection with a deep technical partnership aimed at deploying more than 5 gigawatts of NVIDIA-powered compute capacity by the […]
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NVIDIA invests $2 billion in Nebius Read More »
The pan-European VC firm has held its first close at €70M for Fund III, backed by Germany’s KfW, Spain’s SETT, and a network of family offices, with a mandate to find European companies building on the AI wave. Samaipata, the pan-European venture capital firm founded in Madrid in 2016, has launched its third fund with […]
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Samaipata launches €110M fund to back early-stage AI-native startups across Europe Read More »
The San Francisco firm has closed its third fund at $114 million, its largest to date, betting that AI and biology are now inseparable, and that the founders who understand both will build the companies that matter most. Lindy Fishburne started Breakout in a somewhat unusual place: inside the Thiel Foundation, running a grant programme […]
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Breakout Ventures closes $114m Fund III to back AI-powered science startups Read More »
When FIRSTPICK backed Emilė Radytė in 2021, her company Samphire Neuroscience was still building its first product and the risk, by the fund’s own assessment, was high. There was no revenue, no clear route to market, and a proposition, a neurotechnology wearable for menstrual pain, that most European investors would have politely declined to engage […]
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FIRSTPICK closes €25M second fund to back Baltic founders before anyone else does Read More »
Berlin- and Singapore-based venture platform GHARAGE Ventures has launched Fund I, a €40 million early-stage fund focused on technologies shaping the future of travel infrastructure and airport retail. The fund is anchored by Gebr. Heinemann, the Hamburg-based global travel retailer, and will invest worldwide from Seed to Series A in startups developing operational technology for […]
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GHARAGE Ventures launches €40M Fund I to back travel and airport technology startups Read More »
Eindhoven-based LUMO Labs has secured a €6 million commitment from the Spanish Society for Technological Transformation (SETT), the public investment arm of the Spanish Ministry for Digital Transformation and Civil Service, into its LUMO Fund, a €100 million multi-stage venture capital vehicle targeting impact-driven technology startups across Europe. The capital will support early-stage investment activity […]
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LUMO Fund wins €6M from Spain’s SETT to support European impact startups Read More »