https://promptandmodel.com/2026-08-18https://promptandmodel.com/share-home.svg https://promptandmodel.com/news/uk-government-faces-pressure/2026-08-18https://promptandmodel.com/share-uk-government-faces-pressure.svgUK Government Faces Pressure to Loosen Non-Compete RulesIndustry leaders and researchers urge the UK government to change non-compete rules, citing restrictive clauses that hinder talent mobility and competitiveness. (Source: Sifted) https://promptandmodel.com/news/vc-firm-cofounded-revolut/2026-08-18https://promptandmodel.com/share-vc-firm-cofounded-revolut.svgVC Firm Cofounded by Revolut CEO Closes Second Fund at $500mQuantumLight, a venture capital firm cofounded by Revolut CEO Nik Storonsky, has closed its second fund at $500m. (Source: Sifted) https://promptandmodel.com/news/ukrainian-tech-workers-share/2026-08-18https://promptandmodel.com/share-ukrainian-tech-workers-share.svgUkrainian Tech Workers Share Strategies for Coping with War-Time UncertaintyIn the face of Russia's full-scale invasion, Ukrainian tech workers have found ways to maintain morale and productivity despite the challenges. (Source: Sifted) https://promptandmodel.com/news/arr-fever-hits-fintech/2026-08-18https://promptandmodel.com/share-arr-fever-hits-fintech.svgARR fever hits fintech: ‘We are still relevant’Fintech startups are mimicking AI companies by announcing their annual recurring revenue (ARR) milestones, a trend that has become a regular feature in the European tech world. (Source: Sifted) https://promptandmodel.com/news/university-glasgow-spinouts-look/2026-08-17https://promptandmodel.com/share-university-glasgow-spinouts-look.svgUniversity of Glasgow spinouts look to raise fundsSeveral spinouts from the University of Glasgow are seeking to raise funds, highlighting the growing deeptech ecosystem in Scotland. (Source: Sifted) https://promptandmodel.com/news/gravis-robotics-secures-200m/2026-08-17https://promptandmodel.com/share-gravis-robotics-secures-200m.svgGravis Robotics secures $200m from SoftBank, reaching $1bn valuationSwiss AI startup Gravis Robotics, specializing in automating heavy construction equipment, has raised $200 million in Series A funding from SoftBank, achieving a $1 billion valuation. The company's... https://promptandmodel.com/news/rise-account-farms-threat/2026-08-17https://promptandmodel.com/share-rise-account-farms-threat.svgThe Rise of Account Farms: A Threat to Consumer and Business SecurityAccount farms, which involve the creation of fake, synthetic, or stolen online user profiles, are now being sold through standalone websites, posing a significant threat to consumer and business... https://promptandmodel.com/news/revolut-expansion-airport-lounges/2026-08-17https://promptandmodel.com/share-revolut-expansion-airport-lounges.svgRevolut's Expansion into Airport Lounges Raises QuestionsRevolut, Europe's most valuable private tech company, plans to open airport lounges, sparking debate about the fintech giant's expansion into physical spaces. (Source: Sifted) https://promptandmodel.com/news/multiverse-computing-spain-ai-38a946/2026-08-17https://promptandmodel.com/share-multiverse-computing-spain-ai-38a946.svgMultiverse Computing: Spain's AI Startup Poised to Redefine European Tech LandscapeMultiverse Computing, a Spanish AI scaleup, is on track to close a €500m Series C round, positioning itself as a leading force in Europe's AI sector. The company specializes in reducing compute... https://promptandmodel.com/news/deepmind-researchers-launch-ai-611f50/2026-08-17https://promptandmodel.com/share-deepmind-researchers-launch-ai-611f50.svgDeepMind Researchers Launch New AI Lab with $500M Funding TargetJack Parker-Holder, a former Google DeepMind researcher, is leading a new AI lab in London with a $500 million funding goal. Six other DeepMind researchers are involved, and the lab aims to advance... https://promptandmodel.com/news/drone-startup-uforce-seeks-af3aa4/2026-08-17https://promptandmodel.com/share-drone-startup-uforce-seeks-af3aa4.svgDrone Startup Uforce Seeks Funding Valuation of Upwards of $4 BillionLondon-based defence startup Uforce is in talks to raise fresh funding, aiming for a valuation of upwards of $4 billion, less than six months after reaching unicorn status with a $1 billion valuation. https://promptandmodel.com/news/lovable-secures-400m-funding-aa0379/2026-08-17https://promptandmodel.com/share-lovable-secures-400m-funding-aa0379.svgLovable Secures $400m in Funding Backed by EU's Scaleup FundLovable, a Stockholm-based vibe-coding platform, has raised $400m in funding at a $13.3bn valuation. The investment was led by existing investor Menlo Ventures and the Scaleup Fund, managed by EQT. https://promptandmodel.com/news/legora-pursues-funding-billion-3f0cfd/2026-08-16https://promptandmodel.com/share-legora-pursues-funding-billion-3f0cfd.svgLegora Pursues Funding at $10 Billion ValuationSwedish AI legal startup Legora is reportedly in talks with investors to raise funding at a valuation of at least $10 billion, nearly double its previous valuation. (Source: Sifted) https://promptandmodel.com/news/under-radar-venture-lab-eb943e/2026-08-16https://promptandmodel.com/share-under-radar-venture-lab-eb943e.svgUnder-the-Radar Venture Lab Develops Deeptechs to Save the PlanetA venture lab in London is working on innovative technologies that could help decarbonize industries and save the planet. (Source: Sifted) https://promptandmodel.com/news/drone-startups-watch-according-ccf709/2026-08-16https://promptandmodel.com/share-drone-startups-watch-according-ccf709.svg10 Drone Startups to Watch in 2026, According to VCsInvestors remain bullish on drone startups despite an overcrowded European market. Venture capitalists highlight innovative companies across sectors like mosquito control, firefighting, and... https://promptandmodel.com/news/europe-active-public-funds-1021c3/2026-08-16https://promptandmodel.com/share-europe-active-public-funds-1021c3.svgEurope's Most Active Public Funds in H1 2026A recent report highlights the most active public funds in Europe during the first half of 2026. These funds have contributed to key sectors in various European countries. (Source: Sifted) https://promptandmodel.com/news/european-fintech-culture-raises-268e64/2026-08-16https://promptandmodel.com/share-european-fintech-culture-raises-268e64.svgEuropean Fintech Culture Raises ConcernsFormer employees of Danish fintech Pleo and UK fintech Cleo express concerns about their companies' cultures, sparking a broader discussion about the state of European fintech. (Source: Sifted) https://promptandmodel.com/news/london-thriving-tech-scene-8134a0/2026-08-16https://promptandmodel.com/share-london-thriving-tech-scene-8134a0.svgLondon's Thriving Tech Scene Sees Rise in Meetups for Founders and VCsLondon's tech ecosystem is experiencing a surge in meetups for founders and venture capitalists, with a diverse range of events popping up around the city. (Source: Sifted) https://promptandmodel.com/news/european-ai-infrastructure-expansion-30118c/2026-08-16https://promptandmodel.com/share-european-ai-infrastructure-expansion-30118c.svgEuropean AI Infrastructure Expansion: Mistral Secures Enterprise Backing for Data Centre BuildoutMistral, a French AI scaleup, has secured backing from a group of enterprise customers to support its ambitious data centre buildout and expansion into AI cloud and compute services across Europe. https://promptandmodel.com/news/northern-gritstone-sets-up-195769/2026-08-16https://promptandmodel.com/share-northern-gritstone-sets-up-195769.svgNorthern Gritstone Sets Up San Francisco Base to Tap US Funding for Northern UK SpinoutsNorthern Gritstone, the venture fund backing university spinouts from northern England, is opening a San Francisco office and hiring a US-based venture partner to connect its portfolio companies with... https://promptandmodel.com/models/2026-08-17 https://promptandmodel.com/building-with-ai/2026-08-18 https://promptandmodel.com/about/ https://promptandmodel.com/sources-and-methods/ https://promptandmodel.com/corrections/