Backed by $7.2M, General Magic is deploying AI agents that slash insurance quote processing times from hours to just three minutes.
Author: Aden Erickson
Dutch startup Axelera AI secures $250M to scale low‑power edge AI chips, aiming to undercut Nvidia’s energy use and costs for next‑gen inference workloads.
Design giant Canva has snapped up Cavalry and MangoAI, signaling an aggressive move into motion graphics, automation and AI-powered creative workflows.
Oxford spinout Brainomix has secured an extra £4.8M to accelerate US expansion of its AI-driven stroke imaging and diagnostic platform.
Ghent-based Dytto raises €1.5M pre-seed to build AI-powered workflows that automate repetitive accounting tasks and let finance teams focus on higher-value work.
Finland’s IQM Quantum Computers will go public on the NYSE via a $1.8B SPAC merger with RAAQ, becoming Europe’s first listed quantum firm with a $450M cash boost.
VC-funded startups are bringing in risk-management speakers earlier than ever, turning crisis playbooks into a core part of their go-to-market strategy.
Hypercore raises a $13.5M Series A led by Insight Partners to launch an AI Admin Agent for private credit, targeting operational scale in a $3T market with $20B+ AUM under management.
Cologne-based Einklang raises €2.2M led by Vireo Ventures to expand battery-optimised energy tariffs that cut mid-sized German companies’ electricity bills by up to 50%.
Aarhus-based startup Cernel raises €4M seed funding to advance its AI-driven platform for intelligent e-commerce data management and global expansion.