Merchantee Secures €1.8M to Expand AI-Powered Marketplace Intelligence Across Europe
Merchantee, an AI-driven marketplace intelligence tools provider, raised €1.8M to expand across Europe
Artificial Intelligence
French Defence Tech Startup Alta Ares Secures €50m Series A for Air Defence System Production
French startup Alta Ares raised a €50m Series A to increase production of its AI-powered air defence systems
Pitchdrive closes €60M fourth fund to back Europe’s AI-native startup founders
Pitchdrive raises €60M to back Europe’s AI-native founders
London AI Startup Zaro Secures $5.1M in Funding from Cherry Ventures and High-Profile Angels
London-based Zaro, which helps customers build custom AI agents, has raised a $5.1m round led by Cherry Ventures and with backing from angels including Hugging Face founder Thomas Wolf and Github founder Thomas Dohmke.
Open-Source Search Agent Harness-1 Outperforms GPT-5.4 in Information Retrieval Tasks
Harness-1, a 20-billion parameter open-source search agent, was unveiled by researchers at the University of Illinois at Urbana-Champaign, UC Berkeley, and Chroma. It outperforms GPT-5.4 and other open-source search agents in recalling relevant information.
Spanish Legal Tech Startup Prudencia.ai Sets Ambitious Growth Target Without Fresh Capital Injection
Prudencia.ai aims to reach 1.5 million ARR in 11 months without raising capital
Reading FC Launches AI Centre of Excellence in Strategic Tech Partnership
Reading FC launches AI Centre of Excellence with Stelia AI, NVIDIA and Lenovo
London AI Startup PhysicsX Raises $300m from Temasek, Doubles Valuation to $2.4bn
London-based AI startup PhysicsX has raised $300m in a funding round led by Temasek, more than doubling the company’s valuation to $2.4bn in less than a year.
Albert Heijn Expands AI Integration Across Customer and Employee Operations
Albert Heijn expands AI applications for customers and employees, including social shopping, recipe suggestions, and AI agents
Creator Fund closes $56M first European fund to back deep tech founders from university labs
Creator Fund, a UK-based pre-seed venture capital firm, has closed its first European fund at $56 million to back scientific founders in deep tech sectors