PhysicsX is raising up to $100 million from Nvidia in a major extension to its recent funding round. The AI startup helps manufacturers design parts faster using simulation technology, with defense and aerospace as its primary markets. This continues Nvidia’s aggressive European investment spree.
Robinhood’s prediction market business is exploding, hitting $100 million in annualized revenue with October alone surpassing the entire previous quarter. But CEO Vlad Tenev says they’re not building their own exchange, preferring to partner with specialists like Kalshi. The company processed 2.5 bi
High-profile German defense startup Stark failed to hit any targets in recent UK and German military tests, with drones crashing and catching fire. The $100M-funded company’s very public failures are sparking debate about whether this is normal startup iteration or potentially damaging for the broad
Berlin-based Reflex Aerospace just raised the largest Series A round for a European NewSpace company. The funding will accelerate their plans for satellite constellations providing military intelligence capabilities by 2027.
Italian robotics startup Adaptronics just secured €3.15 million for its universal electro-adhesive grippers. The technology works on objects of any shape or material and has applications from industrial automation to space debris removal. This puts Italy on the map in Europe’s competitive robotics i
The voice AI startup Giga secured $61 million in fresh funding to scale its enterprise automation platform. Founded by Forbes 30 Under 30 alums, the company is already handling complex real-time tasks for DoorDash while eyeing expansion into regulated industries.
Armis has secured $435 million in new funding, pushing its valuation to $6.1 billion. The cybersecurity startup is now targeting an IPO in late 2026 or early 2027 as it pursues $1 billion in annual recurring revenue.
T-Minus Zero Entertainment is making a surprising comeback after being shut down by NetEase just months ago. A group of veteran directors has acquired the studio name and is relaunching as an independent production company. They’re now seeking co-financing partners for their next project.
European science startups are often judged by their patents rather than their potential. But venture firm Wilbe argues this focus on intellectual property is actually hindering real innovation and impact. Their data shows successful companies can secure funding without foundational patents.
Nvidia is deepening its India presence by joining a $2 billion investment alliance focused on deep tech startups. The chipmaker will provide technical training and mentorship through its Deep Learning Institute. This comes as India prepares to host a major AI summit in February 2025.
