RadixArk emerges from UC Berkeley’s SGLang project The open-source AI performance tool SGLang has officially spun out into a standalone company called RadixArk, reaching an estimated valuation of about $400 million, according to people familiar with the matter. The move…
Helin, a Dutch industrial edge intelligence scaleup based in Rijswijk, has secured a €10 million growth investment to expand internationally and accelerate development of its edge computing and analytics platform. The round was led by Amsterdam-based investment firm FORWARD.one, alongside…
Agileday secures €6.4M Series A to scale AI-first platform for professional services Agileday, a Helsinki-based software company building an AI-driven operating system for professional services firms, has raised €6.4 million in Series A funding to accelerate international expansion and deepen…
Inferact lands $150M seed round led by a16z and Lightspeed Inferact, a new AI infrastructure company founded by researchers and open-source developers behind the widely used vLLM project, has raised $150 million in seed funding at an $800 million valuation.…
Cast AI crosses $1B valuation, adding Lithuania’s fifth unicorn Cast AI, a Vilnius-rooted cloud infrastructure startup known for cutting enterprise cloud costs, has crossed the $1 billion valuation threshold, becoming Lithuania’s fifth unicorn. The milestone follows months of growing attention…
Optalysys secures €26.4 million to commercialise photonic encryption hardware Optalysys, a Leeds-based photonic computing company developing hardware to process data while it remains encrypted, has raised €26.4 million (£23 million) in a Series A extension round. The funding will be…
ErVimmune secures first close of €17 million Series A ErVimmune, a Lyon-based biotech developing cancer vaccines and cell therapies aimed at so-called “cold tumors”—cancers that typically do not respond to today’s immunotherapies—has announced the first closing of a €17 million…
Preply closes €127 million Series D to scale AI-assisted tutoring Preply, the US- and Spain-based language learning marketplace, said it has raised €127 million in a Series D funding round as it accelerates investment in AI, data infrastructure, and international…
Finst secures €8 million to scale across Europe Finst, an Amsterdam-based regulated cryptocurrency platform, has raised €8 million in a Series A round to fund its expansion into additional European markets and accelerate product development. The financing was led by…
Asymmetric Security lands $4.2M pre-seed to compress incident response timelines Asymmetric Security, a London- and San Francisco-based cyber forensics startup, has raised $4.2 million in an oversubscribed pre-seed round as it targets one of the most persistent pain points in…
