Bespoke Labs raises $40M to build the training grounds for reliable AI agents
Bespoke Labs raises $40M to build the training grounds for reliable AI agents

AI agents can write code and answer questions, but they still fall apart on long, messy jobs. A Mountain View startup just raised $40M to build the training grounds that fix that. Bespoke Labs, which builds the environments that train and test AI agent…

BAE-backed Expeditions raises €197M fund for European defence startups
BAE-backed Expeditions raises €197M fund for European defence startups

Expeditions, the Warsaw-based venture firm backed by BAE Systems and the NATO Innovation Fund, has closed a €197m ($225m) fund to back the next wave of European defence startups. The raise caps a boom that has seen defence prime BAE commit €50M to outs…

Luffy AI raises £8.1M to put self-tuning AI inside the world’s electric motors
Luffy AI raises £8.1M to put self-tuning AI inside the world’s electric motors

Luffy AI, an Abingdon startup building what it calls neuroplastic AI for the real-time control of physical machines, has raised £8.1m in a Series A round, the company said on Tuesday. The round was led by BGF, which bills itself as the most active equi…

Nscale closes a $900m revolving credit facility to fund its data-centre build-out
Nscale closes a $900m revolving credit facility to fund its data-centre build-out

Nscale has closed a $900m revolving credit facility, a standing pool of borrowing it will draw on to speed up its data-centre build-out across the US, Europe, and Asia-Pacific, the company said on Tuesday. The London firm, which raised $2bn in a Series…

Google and RWE back Proxima Fusion in record €411mn round
Google and RWE back Proxima Fusion in record €411mn round

Munich-based Proxima Fusion has raised €411mn ($468mn), the largest private fusion round Europe has ever seen and a rare vote of confidence in a technology that has yet to produce a watt of commercial power. The deal values the stellarator company at €…

Gyre Energy raises $1.3m to make the world’s cold stores work less when power costs most
Gyre Energy raises $1.3m to make the world’s cold stores work less when power costs most

Across a scorching European summer, the least glamorous machines in the economy have been quietly straining. In cold stores and distribution depots, compressors run harder as the mercury climbs, pulling more power at exactly the hours power is dearest….

Skello raises €200M and its founders end up owning more of the company
Skello raises €200M and its founders end up owning more of the company

Most big funding rounds shrink the founders’ slice. Skello’s just grew it. The profitable French HR startup has raised €200m to go shopping across Europe. Paris-based Skello has raised €200m led by Bridgepoint, EU-Startups reports. The unusual part: it…

Camera-free smart-glasses maker Even Realities hits $1bn on a $150M raise
Camera-free smart-glasses maker Even Realities hits $1bn on a $150M raise

Meta has sold millions of camera-equipped smart glasses, and landed in a privacy storm for it. A Shenzhen startup is betting $1bn that the smarter move is to leave the camera off. Even Realities has raised $150m at a $1 billion valuation, TechCrunch re…

Cambridge’s Worldmodeldata raises £7M to turn video games into AI training data
Cambridge’s Worldmodeldata raises £7M to turn video games into AI training data

The last wave of AI learned to describe the world. The next needs to learn how the world pushes back. A Cambridge startup thinks the answer hides inside video games. Worldmodeldata has raised £7m (€8m) to turn gameplay into AI training data, Tech Fundi…

Finland’s CurifyLabs raises $14M to 3D-print personalised medicine in the US
Finland’s CurifyLabs raises $14M to 3D-print personalised medicine in the US

Your prescription, printed to order. A Finnish startup wants to turn the back room of your pharmacy into a tiny, automated drug factory, and it just raised $14m to do it in America. CurifyLabs has closed a $14m (€12m) Series A, the company announced. T…