Fractile raises $220m to take its in-memory-compute inference chip into production
Fractile raises $220m to take its in-memory-compute inference chip into production

Accel led the London chip startup’s round, with Pat Gelsinger joining as an angel investor, weeks after Anthropic was reported to be in early discussions to become a customer. Fractile, the London-based startup designing inference chips that put comput…

Webidoo raises $25m to build an ‘AI operating layer’ for small businesses
Webidoo raises $25m to build an ‘AI operating layer’ for small businesses

The Milan- and Chicago-based startup, backed by Azimut Libera Impresa’s IXC3 fund, plans to scale agentic AI for SMBs and pursue acquisitions in the US. Webidoo, an Italian-American AI company building software for small and medium-sized businesses, ha…

A manual pentest costs 50,000 dollars. Intruder built an AI that does it in minutes.
A manual pentest costs 50,000 dollars. Intruder built an AI that does it in minutes.

  A manual penetration test costs between 10,000 and 50,000 dollars. It takes weeks to schedule, days to execute, and produces a report that is out of date before the ink dries. Intruder, a London-based cybersecurity company that graduated from GCHQ’s …

Italy’s largest vertical SaaS round: Smartness raises €47M to scale AI operations
Italy’s largest vertical SaaS round: Smartness raises €47M to scale AI operations

Trentino-based Smartness tech travel startup has just raised €47 million Series B, in a round including primary and secondary equity and debt, being the largest round completed for an Italian vertical SaaS company. Smartness is a tech company that offe…

Y Combinator built its empire on software. Its latest investment thesis says the garage is no longer enough.
Y Combinator built its empire on software. Its latest investment thesis says the garage is no longer enough.

Y Combinator published its Summer 2026 Request for Startups in late April, just days before the application deadline. The document lists 15 categories of companies that YC’s partners want to fund. Eight of them require capital, hardware, or both. The l…

Rocsys raises $13M and launches the world’s first multi-bay hands-free robotaxi charging system
Rocsys raises $13M and launches the world’s first multi-bay hands-free robotaxi charging system

The M1, an overhead rail-mounted robot that charges up to 10 vehicles per unit without human intervention, enters pilot deployment now and rolls out at scale in 2027, backed by Scania Invest and Capricorn Partners. There is a quiet irony at the heart o…

Exclusive: Synaps raises $3.6M to build an AI design canvas for architects that could challenge AutoCAD
Exclusive: Synaps raises $3.6M to build an AI design canvas for architects that could challenge AutoCAD

Five months after a beta launch in Tirana, before some of the world’s leading architects, the Austrian-Albanian startup has 60,000 users, hundreds of paying customers, and Plug and Play on its cap table. In November 2025, Synaps, a Vienna-based AI desi…

AI recruiting startup Dex raises $5.3m seed to match AI engineers with the companies that need them most
AI recruiting startup Dex raises $5.3m seed to match AI engineers with the companies that need them most

Founded by a former Atomico talent adviser, Dex charges employers agency fees only on successful hires, and has gone from zero to $1.8 million ARR in under six months of charging. Paddy Lambros spent two and a half years advising roughly 100 European s…

All3 raises $25m to automate construction with legged robots and AI design software
All3 raises $25m to automate construction with legged robots and AI design software

The London-founded startup wants to replace the entire construction value chain, from architect’s brief to move-in-ready building, using AI and a purpose-built on-site robot called the Mantis. Construction is the world’s largest industry by value and o…

True Anomaly raises $650 million as the only space startup exclusively focused on orbital defense
True Anomaly raises $650 million as the only space startup exclusively focused on orbital defense

True Anomaly’s Jackal autonomous orbital vehicles can manoeuvre near other satellites in orbit for inspection, space situational awareness, and, under Golden Dome, potential interception of ballistic and hypersonic missiles. Total funding now exceeds $…