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MatX Announces LLM Chip MatX One and Series B
MatX , building high-throughput chips for LLMs, led by Reiner Pope, Mike Gunter, Avinash Mani, and the team, has announced MatX One and a $500M Series B led by Jane Street and Situational Awareness LP . Participants include Spark Capital , Daniel Gross and Nat Friedman ’s fund, Patrick and John Collison , Triatomic Capital , Harpoon Ventures , Andrej Karpathy , Dwarkesh Patel , and others, including investors across the supply chain, including Alchip and Marvell
1 hour ago
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Sceye Unveils First-of-Its-Kind Stratospheric Telecom Antenna, SceyeCELL, to Bridge the Gap Between Ground Towers and Satellites
Sceye , an aerospace company with a background in material science leading the industry of high-altitude platform systems (HAPS), led by Mikkel Vestergaard Frandsen and the team, has unveiled a first-of-its-kind custom-built antenna, SceyeCELL, designed to bring high-speed connectivity at scale from the stratosphere. Described as a “cell tower in the sky,” Sceye’s SceyeCELL combines satellite-grade precision with the flexibility of cellular networks, creating a new class of
13 minutes ago


MatX Announces LLM Chip MatX One and Series B
MatX , building high-throughput chips for LLMs, led by Reiner Pope, Mike Gunter, Avinash Mani, and the team, has announced MatX One and a $500M Series B led by Jane Street and Situational Awareness LP . Participants include Spark Capital , Daniel Gross and Nat Friedman ’s fund, Patrick and John Collison , Triatomic Capital , Harpoon Ventures , Andrej Karpathy , Dwarkesh Patel , and others, including investors across the supply chain, including Alchip and Marvell
1 hour ago


Basis Raises $100 Million Series B at a $1.15 Billion Valuation
Basis , building the next era of accounting with agentic AI, led by Matt Harpe, Mitchell Troyanovsky, and the team, has raised $100 million led by Accel alongside GV (Google Ventures). Basis was founded on the belief that AI agents will soon become central to knowledge work, with accounting emerging as one of the first and most critical domains. Structured, high-stakes, and essential to every business, accounting remains one of the most underbuilt areas in technology. Thre
3 hours ago


Sophia Space Closes $10 Million Seed Round to Accelerate Orbital Edge Computing
Sophia Space , building orbital compute and data centers, solar powered, space-cooled, AI-ready, led by Rob DeMillo, Dr. Leon Alkalai, Brian Monnin, and Jim Chase, has raised a $10 million seed round, led by Alpha Funds , KDDI Green Partners Fund , and Unlock Venture Partners . Founded by former NASA/JPL Fellow Leon Alkalai, Sophia Space is redefining in-orbit computing with a scalable, space-native thermal management approach. Its technology is built for the extreme therm
4 hours ago


Frankenburg Technologies is Building Europe’s Next-Generation Missile Manufacturing Capacity
Frankenburg Technologies , redefining air-defence technology solutions for national defence and critical infrastructure, led by Kusti Salm, Andreas Bappert, Juhan Tenisson, and the team, has raised €30 million in Series A funding, led by Plural and followed by SmartCap . Founded in 2024 by serial deep-tech entrepreneurs Taavi Madiberk and Marko Virkebau, Frankenburg Technologies was established to address a structural shift in Europe’s security landscape: modern aerial th
4 hours ago
AI & Robotics


Basis Raises $100 Million Series B at a $1.15 Billion Valuation
Basis , building the next era of accounting with agentic AI, led by Matt Harpe, Mitchell Troyanovsky, and the team, has raised $100 million led by Accel alongside GV (Google Ventures). Basis was founded on the belief that AI agents will soon become central to knowledge work, with accounting emerging as one of the first and most critical domains. Structured, high-stakes, and essential to every business, accounting remains one of the most underbuilt areas in technology. Thre
3 hours ago1 min read


Basis Raises $100 Million Series B at a $1.15 Billion Valuation
Basis , building the next era of accounting with agentic AI, led by Matt Harpe, Mitchell Troyanovsky, and the team, has raised $100 million led by Accel alongside GV (Google Ventures). Basis was founded on the belief that AI agents will soon become central to knowledge work, with accounting emerging as one of the first and most critical domains. Structured, high-stakes, and essential to every business, accounting remains one of the most underbuilt areas in technology. Thre


How Straion is Making AI-Generated Code Enterprise-Ready
Straion , building AI coding agents that follow your rules, led by Lukas Holzer, Katrin Freihofner, and Fabian Friedl, has raised €1.1 million in seed funding led by Marathon Venture Capital . The company previously raised €280,000 in pre-seed support through government grants and the AWS startup program. As organizations increasingly adopt AI coding agents such as Claude Code, GitHub Copilot, and Cursor, Straion provides the critical layer of organizational context that en


VoiceLine is Scaling Enterprise-Grade Voice AI for Frontline Organizations
VoiceLine , transforming the efficiency of field sales operations through cutting-edge voice collaboration and AI technology, led by Nicolas Höflinger, Sebastian Pinkas, and the team, has closed a Series A funding round of €10 million led by Alstin Capital and Peak Capital , with participation from existing investors Scalehouse Capital , Venture Stars , and NAP . With Series A funding, VoiceLine will scale its AI platform, expand internationally, and accelerate growth acros


Rapidata Has Eliminated the Biggest Bottleneck in AI Development – Human Feedback
Rapidata , a company that accelerates AI development through scalable, on-demand data labeling via digital ads, led by Jason Corkill , Luca Strebel , Marian Kannwischer , Mads Alber , and the team, has raised an $8.5 million seed round co-led by Canaan Partners and IA Ventures with participation from Acequia Capital and BlueYard . Rapidata addresses a key AI bottleneck: the slow manual collection of human feedback used to train and improve models. Its platform provides fas


Cognee is Building Memory for AI Agents
Cognee , AI Agents that adapt and learn from your feedback, led by Vasilije Markovic and the team, has raised a $7.5 million seed round led by Pebblebed , with participation from 42CAP and Vermilion Ventures , and angel investors from Google DeepMind , n8n , and Snowplow . Cognee was founded in 2024 in Berlin to address why AI agents forget context between sessions despite patched RAG pipelines and vector stores. Drawing on cognitive science and research from the Univ


Grotto AI Raises $10M Seed Round to Supercharge Leasing Agents with AI
Grotto AI , an AI that supercharges leasing teams in the moments that matter most, led by Nick Deveau and Ben Epstein, has raised a $10 million seed round led by ICONIQ . Advisors and angel investors also include industry veterans David Dear (BILT, formerly Equity Residential), Caren Maio (Co-founder, Get100 and Funnel Leasing), and Avi Dorfman (Co-founder, Compass), with participation from Asymmetric Capital Partners . While many industries attempt to replace frontline wor
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Fintech


Basis Raises $100 Million Series B at a $1.15 Billion Valuation
Basis , building the next era of accounting with agentic AI, led by Matt Harpe, Mitchell Troyanovsky, and the team, has raised $100 million led by Accel alongside GV (Google Ventures). Basis was founded on the belief that AI agents will soon become central to knowledge work, with accounting emerging as one of the first and most critical domains. Structured, high-stakes, and essential to every business, accounting remains one of the most underbuilt areas in technology. Thre


Basis Raises $100 Million Series B at a $1.15 Billion Valuation
Basis , building the next era of accounting with agentic AI, led by Matt Harpe, Mitchell Troyanovsky, and the team, has raised $100 million led by Accel alongside GV (Google Ventures). Basis was founded on the belief that AI agents will soon become central to knowledge work, with accounting emerging as one of the first and most critical domains. Structured, high-stakes, and essential to every business, accounting remains one of the most underbuilt areas in technology. Thre
3 hours ago


Hypercore Raises $13.5M Series A Led by Insight Partners to Launch AI Admin Agent for Private Credit
Hypercore , the company on a mission to modernize loan administration, led by Daniel Liechtenstein, David Yahalomi, Tomer Moshe, and Eitan Frailich, has announced $13.5 million in Series A funding led by Insight Partners. The investment will support the launch of Hypercore’s AI Admin Agent, introducing a new category of loan servicing that integrates established loan management technology with AI agents to provide end-to-end operational infrastructure for private credit fund
24 hours ago


Stacks Raises $23 Million to Reinvent Finance Operations With Agentic AI
Stacks , helping reinvent the financial close, led by Albert Malikov and the team, has raised $23M Series A led by Lightspeed , with EQT Ventures , General Catalyst , and S16VC doubling down. The round comes less than a year after Stacks’ $12 million seed financing led by General Catalyst, underscoring the company’s rapid traction and momentum. Finance is becoming the next major enterprise function to be rebuilt with AI, following multibillion-dollar transformations in cus
6 days ago


Unicity Labs Raises $3 Million to Scale Autonomous Agentic Marketplaces
Unicity Labs , building Agentic marketplaces for machine-speed commerce, led by Mike Gault and the team, has raised $3 million in seed funding led by Blockchange Ventures, with participation from Tawasal Al Kaleej , a Middle East-based communications super app, and Outlier Ventures , a leading Web3 early-stage investor. The funding aligns with the emergence of AI agents as economic participants, with the global agentic AI market projected to exceed $100 billion by 2032. Unici
6 days ago


Sphinx Raises $7.1M to Build Every Financial Institution's Last Compliance Hire
Sphinx , the company building browser-native compliance agents for financial institutions, led by Alexandre Berkovic and Chrisjan Wust, has raised a $7.1 million seed round led by Cherry Ventures , with participation from Y Combinator , Rebel Fund , Deel Ventures, and Singularity Capital. Unlike traditional RegTech platforms, Sphinx does not require teams to adopt a new system. Its AI agents operate directly within existing tools, case management systems, third-party portals,
Feb 18


ScyAI Launches AI Risk Intelligence for Real Assets and Insurance, Secures €2 Million in Funding
ScyAI , building AI-powered risk intelligence for companies with large real asset portfolios, led by Bernhard Rannegger and Alex Sidorenko, has raised a €2 million pre-seed round from AENU and PT1 . The round also attracted unicorn founders, including David Helgason (Unity), Maex Ament and Philip Stehlik (Taulia, Centrifuge), alongside the angel investor alliance Better Ventures . For manufacturers, energy producers, and companies with large physical asset portfolios, clima
Feb 17
Venture Capital


OSS Ventures Closes First Round of $80 Million Fund to Scale Industrial Software Champions
OSS Ventures , a Paris-based venture studio building next-generation industrial software, led by Renan Devillieres and the team, has announced the first close of its new investment fund with a target of $80 million. The round is led by Decathlon PULSE and Teknor Apex, with participation from existing investors including Groupe Peugeot Frères . The fund serves as OSS Ventures’ strategic investment arm, dedicated to follow-on financing for companies emerging from the studio’s


OSS Ventures Closes First Round of $80 Million Fund to Scale Industrial Software Champions
OSS Ventures , a Paris-based venture studio building next-generation industrial software, led by Renan Devillieres and the team, has announced the first close of its new investment fund with a target of $80 million. The round is led by Decathlon PULSE and Teknor Apex, with participation from existing investors including Groupe Peugeot Frères . The fund serves as OSS Ventures’ strategic investment arm, dedicated to follow-on financing for companies emerging from the studio’s
6 days ago


Elaia’s Fifth Digital Venture Fund (DV5) Announces First Close at €120 Million to back the best of European Tech
Elaia , backing ambitious tech entrepreneurs with capital and care, has announced the first closing of its fifth Digital Venture Fund (DV5), converging at €120m, reaffirming its mission to back enduring, IP-driven ventures that define the future of European technology. Mimic Robotics, a Zurich-based physical AI company, marks DV5’s first investment, highlighting its focus on breakthrough technologies from leading European hubs. As demand grows for next-generation infrastructu
Feb 11


Mundi Ventures Closes on €750 Million for Kembara, its Largest Deep Tech and Climate Fund
Mundi Ventures , backing bold and purpose-driven founders, led by Partners Javier Santiso, Lluis Vinas, Moises Sanchez, Rafaela Andrade, Rajeev Singh-Molares, and others, has just completed a €750 million first close for Kembara , its fifth fund and largest to date. Europe invests billions in early-stage climate startups, yet many stall at Series B, according to a recent report. New funds are emerging to address this gap, including Spain-based Mundi Ventures’ Kembara Fund
Feb 5


SlateVC Closes €132 Million to Back the Next Wave of Energy Efficiency and Climate Tech Scale-Ups
SlateVC , a growth-focused venture firm dedicated to driving the climate transition forward, led by Chloe Giard, Clement Buyse, Renaud Visage, and Sebastien Leger, has secured €132 million in the first close of its first growth fund, backed by EIF , Bpifrance , France 2030’s FNVI, BNP Paribas , and several family offices. Europe faces rising energy instability, high-cost legacy infrastructure, and import dependence, challenging competitiveness and sustainability. SlateVC
Feb 5


Voyager Ventures Raises $275 Million to Back Europe’s Energy and AI Builders
Voyager Ventures , investing in energy, industrials, and climate technology companies foundational to future abundance, led by Sarah Sclarsic, Sierra Peterson, and others, has announced Voyager’s $275M Fund II. Systemic instability is accelerating alongside rapid technological progress, with geopolitical tensions, climate risks, and global volatility intensifying as electrification, automation, AI, and advanced manufacturing converge. Emerging technologies have shifted from
Jan 29


B2Venture Announces Close of Fund V at EUR 150 Million Hard Cap to Support the Next Generation of European Tech Leaders
B2Venture , an early-stage venture capital firm, supported by an unparalleled community of angel investors, led by partners Florian Schweitzer , Andreas Goeldi , Christian Schütz , Dominik Perisa , Gerrit Jurilj , Jan-Hendrik Bürk , Mathias Ockenfels , Sven Eppert , and others, has closed Fund V at the hard cap of EUR 150m, its largest fund to date. The raise marks a major milestone in a 25-year history, with Fund V accelerating the next wave of European tech leaders buildin
Jan 28
Deep Tech


Sceye Unveils First-of-Its-Kind Stratospheric Telecom Antenna, SceyeCELL, to Bridge the Gap Between Ground Towers and Satellites
Sceye , an aerospace company with a background in material science leading the industry of high-altitude platform systems (HAPS), led by Mikkel Vestergaard Frandsen and the team, has unveiled a first-of-its-kind custom-built antenna, SceyeCELL, designed to bring high-speed connectivity at scale from the stratosphere. Described as a “cell tower in the sky,” Sceye’s SceyeCELL combines satellite-grade precision with the flexibility of cellular networks, creating a new class of


Sceye Unveils First-of-Its-Kind Stratospheric Telecom Antenna, SceyeCELL, to Bridge the Gap Between Ground Towers and Satellites
Sceye , an aerospace company with a background in material science leading the industry of high-altitude platform systems (HAPS), led by Mikkel Vestergaard Frandsen and the team, has unveiled a first-of-its-kind custom-built antenna, SceyeCELL, designed to bring high-speed connectivity at scale from the stratosphere. Described as a “cell tower in the sky,” Sceye’s SceyeCELL combines satellite-grade precision with the flexibility of cellular networks, creating a new class of


MatX Announces LLM Chip MatX One and Series B
MatX , building high-throughput chips for LLMs, led by Reiner Pope, Mike Gunter, Avinash Mani, and the team, has announced MatX One and a $500M Series B led by Jane Street and Situational Awareness LP . Participants include Spark Capital , Daniel Gross and Nat Friedman ’s fund, Patrick and John Collison , Triatomic Capital , Harpoon Ventures , Andrej Karpathy , Dwarkesh Patel , and others, including investors across the supply chain, including Alchip and Marvell


Sophia Space Closes $10 Million Seed Round to Accelerate Orbital Edge Computing
Sophia Space , building orbital compute and data centers, solar powered, space-cooled, AI-ready, led by Rob DeMillo, Dr. Leon Alkalai, Brian Monnin, and Jim Chase, has raised a $10 million seed round, led by Alpha Funds , KDDI Green Partners Fund , and Unlock Venture Partners . Founded by former NASA/JPL Fellow Leon Alkalai, Sophia Space is redefining in-orbit computing with a scalable, space-native thermal management approach. Its technology is built for the extreme therm


Frankenburg Technologies is Building Europe’s Next-Generation Missile Manufacturing Capacity
Frankenburg Technologies , redefining air-defence technology solutions for national defence and critical infrastructure, led by Kusti Salm, Andreas Bappert, Juhan Tenisson, and the team, has raised €30 million in Series A funding, led by Plural and followed by SmartCap . Founded in 2024 by serial deep-tech entrepreneurs Taavi Madiberk and Marko Virkebau, Frankenburg Technologies was established to address a structural shift in Europe’s security landscape: modern aerial th


Remondo Introduces Breakthrough Platform for Ultra-High Resolution Imaging at Scale
Remondo , offering high-res satellite imagery from low-cost nanosatellites, providing sharper intelligence, led by Ido Priel, Oren Berger, and the team, has debuted a new class of space-based imaging technology during DGI 2026 , the premier conference for Geospatial Intelligence for Defense and Security for GEOINT leaders. The solution delivers sub-30 centimeter resolution from low-cost microsatellites in Lower Earth Orbit (LEO), without the expense and complexity of tradit
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Security


How Vega is Rethinking the Enterprises' Ways of Detecting Cyber Threats
Vega , redefining the boundaries of Security Operations by eliminating the limits of the past, led by Shay Sandler and Eli Rozen , has raised a $120 million Series B round led by Accel with participation from Cyberstarts , Redpoint , and CRV . The new round nearly doubles Vega’s valuation to $700 million, and brings its total funding to $185 million. Enterprises generate massive security data, yet legacy tools like Splunk rely on centralizing it before detecting threats, a


How Vega is Rethinking the Enterprises' Ways of Detecting Cyber Threats
Vega , redefining the boundaries of Security Operations by eliminating the limits of the past, led by Shay Sandler and Eli Rozen , has raised a $120 million Series B round led by Accel with participation from Cyberstarts , Redpoint , and CRV . The new round nearly doubles Vega’s valuation to $700 million, and brings its total funding to $185 million. Enterprises generate massive security data, yet legacy tools like Splunk rely on centralizing it before detecting threats, a


Clearly AI Raises $8.4M Seed Round to Scale Product Security
Clearly AI , automating security and privacy assessments, reducing backlogs, and improving visibility without sacrificing trust, led by Emily Choi-Greene and Joe Choi-Greene, has raised $8.4 million in Seed funding from Basis Set Ventures , Crosspoint Capital Partners , Argon Ventures , Ritual Capital , and Y Combinator . Security teams are facing increasing strain. Each new feature, third-party vendor, and AI deployment demands thorough evaluation across security, privacy,


How enclaive is Bringing Confidential Computing to the Multi-Cloud
enclaive , a deep tech cybersecurity company specializing in confidential computing, led by Andreas Walbrodt and Sebastian Gajek, has announced the successful closing of a €4.1 million Seed funding round, co-led by Join Capital and the Amadeus APEX Technology Fund , with participation from Auriga Cyber Ventures . Accelerating AI adoption, stricter data regulations, and increasingly sophisticated cyber threats have turned cloud computing into a high-stakes tradeoff. While th


How Counter Disinformation Company - Refute is Combating Escalating Hybrid Warfare Threats
Refute , fighting disinformation on behalf of your organisation, detecting and responding to campaigns at the speed of the attackers, led by Tom Garnett and Vlad Galu, has raised £5m in seed funding led by Amadeus Capital Partners , with participation from Playfair , Episode 1 , Osney Capital and the National Security Strategic Investment Fund (NSSIF), the UK Government's deep tech venture capital fund that invests in dual-use technologies for national security and defence


Palo Alto Networks Completes Chronosphere Acquisition, Unifying Observability and Security for the AI Era
Palo Alto Networks , the global cybersecurity leader, led by Nikesh Arora, and others, has announced it has completed its acquisition of Chronosphere , led by Martin Mao , addressing a core challenge of the AI era: the inability to see and secure the massive data volumes running modern businesses. Chronosphere, recognized as a Leader in the 2025 Gartner Magic Quadrant for Observability Platforms, was built for large-scale cloud-native environments. The acquisition positions P
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