Startups and technology

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Klarna applies for a US banking licence, its boldest American move yet

Klarna wants to be a real American bank. The Swedish BNPL giant has applied for a US banking licence, betting a friendlier Washington will let it crack a market that has bruised European rivals. Klarna has applied to US regulators to set up its own bank, tech.eu reports. The Swedish fintech filed with the Utah […]

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Camera-free smart-glasses maker Even Realities hits $1bn on a $150M raise

Meta has sold millions of camera-equipped smart glasses, and landed in a privacy storm for it. A Shenzhen startup is betting $1bn that the smarter move is to leave the camera off. Even Realities has raised $150m at a $1 billion valuation, TechCrunch reported. Chinese giants Meituan and Tencent led the round. It makes the […]

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Cambridge’s Worldmodeldata raises £7M to turn video games into AI training data

The last wave of AI learned to describe the world. The next needs to learn how the world pushes back. A Cambridge startup thinks the answer hides inside video games. Worldmodeldata has raised £7m (€8m) to turn gameplay into AI training data, Tech Funding News reported. London’s Iona Star Capital led the seed round. Lord […]

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Finland’s CurifyLabs raises $14M to 3D-print personalised medicine in the US

Your prescription, printed to order. A Finnish startup wants to turn the back room of your pharmacy into a tiny, automated drug factory, and it just raised $14m to do it in America. CurifyLabs has closed a $14m (€12m) Series A, the company announced. The Helsinki firm makes machines and software that let pharmacies 3D-print […]

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Spain’s Sherpa.ai raises $18M for AI that never touches your data

Everyone wants the power of AI. Few want to hand their most sensitive data to a foreign cloud to get it. A Basque startup thinks it has the fix. Sherpa.ai has raised $18m to build AI that never sees your raw data, tech.eu reported. The Spanish company sells to banks, hospitals and governments, the customers […]

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AI-native startups hire fewer juniors and more elites, Harvard study finds

Startups built around AI hire fewer entry-level workers than their peers, according to a working paper from Harvard Business School and INSEAD, first reported by Business Insider. The firms are leaner, flatter, and heavily weighted towards senior technical talent. Researchers Rembrand Koning and Hyunjin Kim examined Y Combinator startups from 2020 to 2024 alongside a broader set of […]

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Weave’s $7,999 Isaac 1 bets home robots don’t need legs or fingers

The robot butler has been five years away for about twenty years. Weave Robotics thinks the trick is to aim lower. Its new home robot, Isaac 1, does not walk, has no fingers, and mostly just wants to do your laundry. It also costs a fraction of its humanoid rivals. The Y Combinator-backed startup unveiled […]

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Zoom buys Common Room to push past the video call into AI sales

Zoom made its name on the video call. Now it wants to own everything that happens before the call too. The company is buying Common Room, a Seattle startup whose AI reads the buying signals of potential customers, pushing Zoom deeper into enterprise sales software. Zoom announced the acquisition on Thursday. It did not disclose […]

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IQM becomes the first European quantum company to list on a major US exchange

Europe just put its first quantum computing company on a major American stock exchange. And it did so without leaving home. IQM, a Finnish maker of quantum machines, started trading on Nasdaq this week. The debut was equal parts landmark and reality check. IQM began trading on the Nasdaq Global Select Market on 2 July […]

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A rocket motor blew up at Anduril’s Mississippi test site. The defence darling says it’s routine

Anduril has become the poster child for a faster, software-speed kind of defence contractor. Last Friday, one of its rocket motors blew up on a test stand in Mississippi. The blast is a small setback that carries an outsized message about how hard building missiles really is. A solid rocket motor exploded during a test […]

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