AI Funding
54 articles
13 European deeptech startups raised €127m from Tier 1 VCs in H1 2026
Europe's top venture capital firms backed 13 early-stage deeptech companies across AI, quantum computing, and climate tech in the first half of 2026, signaling renewed appetite for patient capital investments.
AI Security Startup Reaches $1.2 Billion Valuation Amid Rising Enterprise Concerns
An enterprise AI security startup has achieved a $1.2 billion valuation as organizations increasingly worry about protecting their artificial intelligence systems from cyber threats.
Hologram raises funding to build local-first Elixir framework for browsers
Hologram, the framework that runs Elixir in browsers, secured backing from Curiosum and the Erlang Ecosystem Foundation to develop local-first applications with automatic offline sync.
Valarian Raises $50 Million for Sovereign AI Infrastructure Control Layer
London-based Valarian secured $50 million Series A funding to build software that gives governments and enterprises control over AI deployments on US cloud infrastructure.
Aramco in talks to back Humanoid at $1bn valuation
London-based robotics startup Humanoid is seeking $200m in funding that would value the company at around $1bn, with Saudi Aramco among potential investors.
Rime raises $24M Series A for enterprise voice AI customer calls
San Francisco-based Rime secured $24 million in Series A funding led by M13 Ventures to develop voice AI models trained on proprietary conversational data for enterprise customer support.
MIT Spinout Ferveret Raises Funding for Nuclear-Inspired Data Center Cooling
Ferveret, founded by MIT researchers, has developed a nuclear reactor-inspired cooling system that reduces data center energy consumption by 35% while eliminating water usage entirely.
Modal raises $355M Series C to build agent-first cloud infrastructure
Modal, the serverless compute platform, closed a $355M Series C round as it shifts from developer experience to agent experience, building specialized infrastructure for AI workloads including elastic inference and sandboxes.
Legal AI Startup Norm Hits $1.2 Billion Valuation in $120M Series C
New York-based legal AI company Norm raised $120 million at a $1.2 billion valuation, led by Khosla Ventures, to expand its AI-native law firm platform.
Axle Energy raises $25m Series A led by Energize Capital
London-based energy startup Axle Energy secured $25 million in Series A funding led by Energize Capital, with participation from existing investors Accel, Picus Capital and Eka Ventures.
Lovable in talks to raise $300m at $13.2bn valuation
Swedish AI coding startup Lovable is negotiating a $300 million funding round at a $13.2 billion post-money valuation, with US-based Menlo Ventures set to lead.
Tapestry VC Closes $80M Third Fund to Back Europe's Repeat Founders
London-based Tapestry VC raised $80 million for its third fund, targeting repeat European founders as AI exits create a new generation of experienced entrepreneurs.