Tesla is losing key AI talent to robotics startup Sunday Robotics, which emerged from stealth last week. The startup has hired at least 10 former Tesla employees, including engineers who worked on Optimus and Autopilot for years. This brain drain comes as both companies race to develop home robots.
Venture capital is pouring unprecedented funding into defense startups, with European investments hitting $1.3B this year. But the VC model’s need for speed and scale is colliding with the moral realities of warfare. The result could be dangerous experimentation and eroded safeguards.
Jeff Bezos’ new AI venture Project Prometheus has quietly acquired agentic computing startup General Agents. The $6.2 billion project is focusing on AI for manufacturing computers, cars, and spacecraft.
Latvian quality engineering scale-up TestDevLab has been acquired by US-based Xoriant, expanding its global reach while maintaining its leadership team. The deal combines TestDevLab’s 14 years of testing expertise with Xoriant’s international presence across 28 offices worldwide.
Elon Musk’s artificial intelligence startup xAI is expected to close a massive $15 billion funding round in December. The deal would value the company at $230 billion pre-money, according to sources familiar with the matter. This comes despite Musk previously calling reports about the funding “false
A European startup is racing to build a SpaceX competitor with reusable cargo capsules and lunar lander ambitions. The Exploration Company plans its largest funding round yet as Europe seeks space independence.
Getting VC funding has never been tougher, according to top investors. Founders need to show massive growth potential immediately and demonstrate capital efficiency to stand out in today’s market.
Spain’s startup ecosystem is rapidly decentralizing beyond Madrid and Barcelona. Major VCs are reporting significant deal flow from emerging hubs like Valencia and Málaga, with climate tech and deep tech leading the charge. This regional expansion signals a maturing, more resilient entrepreneurial l
Munich’s Delta Charge secured €3.7 million to build charging and battery storage for electric trucks. This comes amid a massive €625 million funding surge for Europe’s energy infrastructure. The race to power heavy transport is officially on.
The UK dominates European spinout value creation with Oxford and Cambridge leading the charge. But American buyers are capturing most of the exit value, highlighting Europe’s late-stage funding gaps.
