UK AI Infrastructure Startup Callosum Closes $100M Seed Round Led by Atomico

UK AI startup Callosum, which builds software infrastructure to run AI workloads across different chips and models, closed a $100 million seed round led by Atomico with participation from Plural, DCVC, Sovereign AI and angels, following a $10.25 million raise earlier in the year.

Lithuanian AI Startup Guideless Secures €1 Million in Pre-Seed Funding to Expand Software Training Platform

Lithuanian AI startup Guideless secured €1 million in a pre‑seed round led by Superhero Capital, with participation from FIRSTPICK VC and several angel investors. The funding will be used to enhance its AI‑driven platform that automates software training and workflow documentation, and to expand the business across Europe and the United States.

DeepL partners with Harvey to provide specialised legal document translation services

German AI translation startup DeepL, valued at $2 billion, announced a partnership with US legal‑tech company Harvey to translate legal documents for lawyers worldwide. The deal gives DeepL a significant share of Harvey’s translation workload and underscores DeepL’s push into heavily regulated sectors such as legal, finance and life sciences.

Flip Raises €22 Million to Expand AI Platform for Frontline and Deskless Workers

The employee experience startup has secured new funding from Notion Capital, HV Capital and L-Bank as it looks to bring AI tools and digital access to workers in retail, manufacturing, logistics, care and other frontline industries. Flip, an employee experience software company focused on frontline and deskless workers, has raised €22 million in new funding … Read more

QuantumLight Closes $500 Million Second Venture Fund to Back AI and Crypto Startups

QuantumLight, the venture capital firm created by Revolut co‑founder Nikolay Storonsky, closed a $500 million second fund, twice the size of its first fund, to back high‑growth tech companies across AI, crypto, fintech, SaaS and healthtech. The fund is managed by CEO Ilya Kondrashov and will use an AI‑driven selection platform called Aleph to pick investments.

Swiss Robotics Startup Gravis Raises €172 Million to Become Europe’s Latest Unicorn

Swiss construction‑tech startup Gravis Robotics secured a €172 million Series A investment from SoftBank, pushing its valuation past €1 billion and making it Europe’s newest robotics unicorn. The funding will be used to grow the team, expand globally and scale its autonomous‑excavator technology, which is already deployed on projects across four continents for customers such as Holcim and HD Hyundai.