# News

Google alumni hits $250m valuation for AI-powered note-taking app Granola
News
May 14, 2025
Google alumni hits $250m valuation for AI-powered note-taking app Granola
The London-based startup has raised a $43m led by Nat Friedman and Daniel Gross
Kai Nicol-Schwarz
Migrant founders struggle to access capital and find local support, report finds
News
May 14, 2025
Migrant founders struggle to access capital and find local support, report finds
New data shows 23% of Germany’s unicorn founders were born overseas
Miriam Partington
OpenAI and Meta angels bet on employee perks startup Origin
News
May 14, 2025
OpenAI and Meta angels bet on employee perks startup Origin
The London-based intelligence platform for staff benefits raised $21m in Series A funding
Maya Dharampal-Hornby
PayFit cofounder raises €16m seed for new defence tech startup
News
May 14, 2025
PayFit cofounder raises €16m seed for new defence tech startup
Florian Fournier spent a decade growing PayFit into a billion-dollar business. Now he’s launching a startup in defence
Daphné Leprince-Ringuet
Northern Gritstone pens partnership to back spinouts from the University of Liverpool
News
May 13, 2025
Northern Gritstone pens partnership to back spinouts from the University of Liverpool
The partnership marks the north of England investor’s first spinout deal with a new university since launching in 2021
Tom Nugent
UK pension funds to unlock £50bn for startups and infrastructure
News
May 13, 2025
UK pension funds to unlock £50bn for startups and infrastructure
Seventeen workplace pension providers will sign the Mansion House Accord on Tuesday
Kai Nicol-Schwarz
JPMorgan to withdraw UK lawsuit against Greek fintech Viva Wallet
News
May 13, 2025
JPMorgan to withdraw UK lawsuit against Greek fintech Viva Wallet
The financial services giant says it will continue pursuing legal action in Greece
Martin Coulter
Monzo lines up bankers to steer blockbuster IPO, reports say
News
May 11, 2025
Monzo lines up bankers to steer blockbuster IPO, reports say
Long-awaited public float could value neobank at more than £6bn
Martin Coulter
Mistral models ‘60 times more likely to produce child exploitation material’ than competitors, study says
News
May 9, 2025
Mistral models ‘60 times more likely to produce child exploitation material’ than competitors, study says
The French startup’s models were significantly more likely to generate harmful content when prompted
Daphné Leprince-Ringuet and Kai Nicol-Schwarz
Klarna CEO dials down AI ambitions with human hiring push
News
May 9, 2025
Klarna CEO dials down AI ambitions with human hiring push
Sebastian Siemiatkowski previously waxed lyrical about the benefits of AI in cutting costs and increasing operational efficiency
Tom Matsuda
Exclusive: Adams Street raises €270m for debut European VC fund
News
May 9, 2025
Exclusive: Adams Street raises €270m for debut European VC fund
The large US fund of funds aims to back up to 20 European GPs over the next decade
Anne Sraders
Klarna IPO delayed until late 2025, reports say
News
May 9, 2025
Klarna IPO delayed until late 2025, reports say
Swedish fintech’s management reportedly want ‘greater support and momentum’
Martin Coulter
Meet the 25 startups selected for UK’s Future Fifty growth programme
News
May 9, 2025
Meet the 25 startups selected for UK’s Future Fifty growth programme
ElevenLabs and Abound headline the latest cohort of fast-growing UK scaleups
Jonathan Sinclair
Compensation platform Ravio raises $12m Series A
News
May 8, 2025
Compensation platform Ravio raises $12m Series A
Founded by ex-Deliveroo managers, the company has built a platform to help companies offer fairer compensation
Miriam Partington
Mistral unveils new enterprise AI assistant to compete with Microsoft and OpenAI
News
May 8, 2025
Mistral unveils new enterprise AI assistant to compete with Microsoft and OpenAI
The French startup is now offering products that compete directly with Big Tech
Daphné Leprince-Ringuet
Northvolt founder Peter Carlsson joins new AI startup
News
May 6, 2025
Northvolt founder Peter Carlsson joins new AI startup
The company develops software for “manufacturing, factory design and production"
Freya Pratty
German AI agents startup Parloa hits unicorn status with $120m Series C round
News
May 6, 2025
German AI agents startup Parloa hits unicorn status with $120m Series C round
The startup builds AI agents to help enterprises improve customer service
Miriam Partington
Deliveroo CEO Will Shu bags £170m in DoorDash takeover deal
News
May 6, 2025
Deliveroo CEO Will Shu bags £170m in DoorDash takeover deal
US rival DoorDash has struck a £2.9bn deal to buy the UK food delivery company
Kai Nicol-Schwarz
Drones startup Quantum Systems hits unicorn status with €160m Series C
News
May 6, 2025
Drones startup Quantum Systems hits unicorn status with €160m Series C
The new round, led by British VC Balderton Capital, bolsters the startup in a highly competitive space
Anne Sraders
Index backs Stripe alumni’s fintech in a €10.7m seed round
News
May 6, 2025
Index backs Stripe alumni’s fintech in a €10.7m seed round
Duna, based in Germany and the Netherlands, says it will eventually create “digital passports” for businesses
Daphné Leprince-Ringuet
Exclusive: GV backs AI startup StackOne in $20m funding round
News
May 6, 2025
Exclusive: GV backs AI startup StackOne in $20m funding round
Angels from OpenAI and DeepMind among those backing London-based SaaS integration startup
Martin Coulter
AI startup 11x CEO steps down
News
May 5, 2025
AI startup 11x CEO steps down
Founder Hasan Sukkar says he’s not the right person to scale the agentic AI startup
Kai Nicol-Schwarz
Battery factory Novo Energy halves workforce following Northvolt bankruptcy
News
May 5, 2025
Battery factory Novo Energy halves workforce following Northvolt bankruptcy
The joint venture set up by Northvolt and Volvo Cars has announced a resizing of operations to cut costs
Mimi Billing
EU unlocks €500m to become a “magnet for researchers”
News
May 5, 2025
EU unlocks €500m to become a “magnet for researchers”
It comes as researchers in the US face drastic funding cuts and heightened pressures
Daphné Leprince-Ringuet

# News

Google alumni hits $250m valuation for AI-powered note-taking app Granola

Migrant founders struggle to access capital and find local support, report finds

OpenAI and Meta angels bet on employee perks startup Origin

PayFit cofounder raises €16m seed for new defence tech startup

Northern Gritstone pens partnership to back spinouts from the University of Liverpool

UK pension funds to unlock £50bn for startups and infrastructure

JPMorgan to withdraw UK lawsuit against Greek fintech Viva Wallet

Monzo lines up bankers to steer blockbuster IPO, reports say

Mistral models ‘60 times more likely to produce child exploitation material’ than competitors, study says

Klarna CEO dials down AI ambitions with human hiring push

Exclusive: Adams Street raises €270m for debut European VC fund

Klarna IPO delayed until late 2025, reports say

Meet the 25 startups selected for UK’s Future Fifty growth programme

Compensation platform Ravio raises $12m Series A

Mistral unveils new enterprise AI assistant to compete with Microsoft and OpenAI

Northvolt founder Peter Carlsson joins new AI startup

German AI agents startup Parloa hits unicorn status with $120m Series C round

Deliveroo CEO Will Shu bags £170m in DoorDash takeover deal

Drones startup Quantum Systems hits unicorn status with €160m Series C

Index backs Stripe alumni’s fintech in a €10.7m seed round

Exclusive: GV backs AI startup StackOne in $20m funding round

AI startup 11x CEO steps down

Battery factory Novo Energy halves workforce following Northvolt bankruptcy

EU unlocks €500m to become a “magnet for researchers”