https://promptandmodel.com/2026-08-21https://promptandmodel.com/share-home.svg https://promptandmodel.com/news/eu-ai-act-enforcement/2026-08-21https://promptandmodel.com/share-eu-ai-act-enforcement.svgA silver laptop keyboard with a blue "AI" icon on the "A" key.The European Union's AI Act has started enforcing its rules for general-purpose AI (GPAI) models, affecting automotive companies that use, integrate, fine-tune, or develop these models. https://promptandmodel.com/news/uk-nhs-contract-palantir/2026-08-21https://promptandmodel.com/share-uk-nhs-contract-palantir.svgClose-up of a hand holding a smartphone with AI applications on screen.A single English county, Greater Manchester, has declined to adopt Palantir's federated data platform, citing concerns over trust and data security. (Source: ired.com) https://promptandmodel.com/news/singular-photonics-secures-funding-023801f4/2026-08-21https://promptandmodel.com/share-singular-photonics-secures-funding-023801f4.svgA robotic hand with a black and white color scheme, featuring a reflective surface below it.Singular Photonics raises $2.15 million to develop next-generation image sensors based on single-photon avalanche diode technology (Source: Tech.eu) https://promptandmodel.com/news/velatir-secures-5m-seed-a4ae5b7c/2026-08-21https://promptandmodel.com/share-velatir-secures-5m-seed-a4ae5b7c.svgA typewriter with a piece of paper in it that reads "ARTIFICIAL INTELLIGENCE".Danish AI startup Velatir raises €5 million in seed funding to expand its AI infrastructure platform across Europe (Source: Tech.eu) https://promptandmodel.com/news/marie-sk-odowska-curie-fcd9faa8/2026-08-21https://promptandmodel.com/share-marie-sk-odowska-curie-fcd9faa8.svgA white, branching network of nerve fibers against a black background.The Marie Skłodowska-Curie Actions fellowship has been shaping research careers for 30 years, evolving into a global research talent network (Source: Tech.eu) https://promptandmodel.com/news/aisel-health-raises-7m-18dcd615/2026-08-21https://promptandmodel.com/share-aisel-health-raises-7m-18dcd615.svgA smartphone propped up on a stand, displaying a screen with the text "What can I help with?"...Aisel Health, a Danish HealthTech company, has secured €1.7 million in pre-seed funding to develop an operating system for psychiatry and mental health, aiming to reduce waiting lists and improve... https://promptandmodel.com/news/paralo-secures-funding-streamline/2026-08-20https://promptandmodel.com/share-paralo-secures-funding-streamline.svgA computer screen displaying a code snippet in a programming language, with a dark background...UK golf technology startup Paralo raises £270,000 to develop an operating system for golf clubs and a connected product for golfers (Source: Tech.eu) https://promptandmodel.com/news/lithuanian-ai-startup-guideless/2026-08-20https://promptandmodel.com/share-lithuanian-ai-startup-guideless.svgA robotic arm is positioned over a chessboard, with pieces arranged on the board.Guideless, an AI-powered software training platform, has raised €1 million to further develop its technology and expand internationally. (Source: Tech.eu) https://promptandmodel.com/news/solinide-secures-funding-commercialise/2026-08-20https://promptandmodel.com/share-solinide-secures-funding-commercialise.svgA computer chip with the letters "AI" on it, situated on a circuit board.Solinide Photonics, a Swedish deeptech company, has raised €4 million in seed funding to commercialise its silicon nitride photonic integrated circuit technology for AI data centres. https://promptandmodel.com/news/callosum-secures-100m-seed/2026-08-20https://promptandmodel.com/share-callosum-secures-100m-seed.svgA 3D rendering of the letters "AI" in white, set against a dark teal background with a circuit...UK AI startup Callosum raises $100M in seed round to develop software infrastructure for AI workloads on different chips and models (Source: Tech.eu) https://promptandmodel.com/news/oakley-capital-acquires-majority/2026-08-20https://promptandmodel.com/share-oakley-capital-acquires-majority.svgA 3D rendering of a network of interconnected nodes suspended above a cylindrical platform, set...Private equity firm Oakley Capital has acquired a majority stake in Graphwise, a leading enterprise AI data platform provider, marking one of Bulgaria’s largest software exits. The company, formed... https://promptandmodel.com/news/late-payments-draining-europe/2026-08-20https://promptandmodel.com/share-late-payments-draining-europe.svgA white robot with a round head, a black screen on its chest, and two arms raised in the air.Late payments are a significant issue in Europe, with the EU Payment Observatory estimating that tackling this issue could unlock over €100bn in additional cash flow each year. (Source: Sifted) https://promptandmodel.com/news/european-ai-infrastructure-startup/2026-08-20https://promptandmodel.com/share-european-ai-infrastructure-startup.svgColorful 3D render showcasing AI and programming with reflective abstract visuals.Velatir, a Danish AI infrastructure startup, has secured €5m in seed funding to expand its operations across Europe. The company aims to provide businesses with control and transparency over... https://promptandmodel.com/news/europe-quest-frontier-ai/2026-08-20https://promptandmodel.com/share-europe-quest-frontier-ai.svgA small robot standing next to a large robot, with the background featuring a gradient of purple...As Europe seeks to reduce its reliance on top-performing AI models from US labs, concerns arise about the viability of homegrown alternatives. (Source: Sifted) https://promptandmodel.com/news/openai-dismisses-acquisition-rumors/2026-08-19https://promptandmodel.com/share-openai-dismisses-acquisition-rumors.svgA smartphone displaying the OpenAI website, with a green leaf in the background.OpenAI clarifies that a public offer to acquire a teenage entrepreneur's startup idea during a Dublin event was merely a joke and not a genuine acquisition attempt. (Source: Sifted) https://promptandmodel.com/news/revolut-ceo-borrow-against/2026-08-19https://promptandmodel.com/share-revolut-ceo-borrow-against.svgA white and blue robot with a square head and a round body, standing in front of a blue...Revolut's CEO may borrow up to $250m against his shares, according to reports (Source: Sifted) https://promptandmodel.com/news/startups-crack-down-ai/2026-08-19https://promptandmodel.com/share-startups-crack-down-ai.svgA typewriter with a piece of paper in it that reads "ARTIFICIAL INTELLIGENCE" in black letters.As AI-generated writing becomes more prevalent in startups, companies are establishing policies to combat the resulting communication problems and ensure clarity and originality in internal... https://promptandmodel.com/news/domyn-ceo-uljan-sharka/2026-08-19https://promptandmodel.com/share-domyn-ceo-uljan-sharka.svgA woman with dark hair, adorned with a black choker necklace and a red triangle on her forehead...Uljan Sharka, founder and CEO of Italian AI unicorn Domyn, discusses the potential of small language models, Europe’s AI ambitions through the EU’s Europa frontier model consortium, and leadership... https://promptandmodel.com/news/taimi-hily-prepare-ipo/2026-08-19https://promptandmodel.com/share-taimi-hily-prepare-ipo.svgA person holding a smartphone with a camera app open, displaying a photo of a person taking a...Taimi and Hily, two mobile dating apps, are gearing up for potential IPOs as they focus on expanding their user bases and improving their services. The apps, which cater to the LGBTQI+ community... https://promptandmodel.com/news/berlin-top-spots-meet/2026-08-19https://promptandmodel.com/share-berlin-top-spots-meet.svgA laptop computer, a cup of coffee, and a potted plant on a wooden surface.Berlin’s startup and VC scene remains concentrated in Mitte, with several cafes, restaurants, and coworking spaces serving as key meeting spots for founders and investors. From Soho House to The... https://promptandmodel.com/news/fca-scaleup-unit-offers/2026-08-19https://promptandmodel.com/share-fca-scaleup-unit-offers.svgA robot standing in front of a chalkboard with mathematical equations written on it.The UK's Financial Conduct Authority (FCA) has announced its latest cohort of scaleup support programme, aiming to help fintech startups navigate compliance efforts as they grow rapidly. https://promptandmodel.com/news/alumni-european-unicorns-now/2026-08-19https://promptandmodel.com/share-alumni-european-unicorns-now.svgA cityscape at night, featuring a network of blue lines and lights that resemble a web or a...Former employees from leading European tech unicorns are launching their own startups in stealth mode, leveraging their experience to innovate in various sectors. (Source: Sifted) https://promptandmodel.com/news/accel-raises-800m-ninth/2026-08-18https://promptandmodel.com/share-accel-raises-800m-ninth.svgA small, metallic robot with a round body, large eyes, and sharp claws.US-based venture firm Accel has raised $800m for its ninth Europe and Israel early-stage VC fund, with a focus on AI and defence. (Source: Sifted) https://promptandmodel.com/news/europe-sustainability-ambitions-face/2026-08-18https://promptandmodel.com/share-europe-sustainability-ambitions-face.svgA collection of hydrangeas in various colors, including white, pink, and blue, arranged in a...A recent roundtable discussion highlighted the challenges Europe faces in financing its sustainability ambitions, with investors struggling to carry promising companies through growth, deployment... https://promptandmodel.com/news/klarna-experiences-leadership-shuffle/2026-08-18https://promptandmodel.com/share-klarna-experiences-leadership-shuffle.svgA hand holding a black smartphone with the AI app open on the screen.Two senior executives at Swedish fintech Klarna are set to leave the company early next year, marking another leadership change following its public listing. (Source: Sifted) https://promptandmodel.com/news/deeptech-founders-gain-leverage/2026-08-18https://promptandmodel.com/share-deeptech-founders-gain-leverage.svgThree humanoid robots in various colors, including yellow, red, and white, standing in a dark...In the UK, deeptech founders are benefiting from a surge in investor interest, allowing them to command premium terms in term sheets. (Source: Sifted) https://promptandmodel.com/news/uk-government-faces-pressure/2026-08-18https://promptandmodel.com/share-uk-government-faces-pressure.svgA pink rose with green leaves attached to a dark brown surface.Industry 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.svgA hand holding a smartphone with a cartoon robot on the screen.QuantumLight, 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.svgA camera on a tripod, with two lights in the background.In 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.svgA large, blue "AI" logo prominently displayed in the center, surrounded by a complex network of...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.svgA close-up of a laboratory technician in a white coat and gloves, seen from behind, carefully...Several 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.svgA robotic arm with a gray and blue cylindrical component attached to a silver metal base...Swiss 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... https://promptandmodel.com/news/rise-account-farms-threat/2026-08-17https://promptandmodel.com/share-rise-account-farms-threat.svgA person's profile, with a robotic hand pointing to their face, set against a backdrop of binary...Account 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.svgA Revolut employee in a crisp uniform, seen from behind, is shown mid-action, adjusting a sleek...Revolut, 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.svgA person working on a laptop with an AI automation screen, surrounded by a cup of coffee, a...Multiverse 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.svgA hand holding a cell phone with an AI chatbot app open, alongside a book titled "Artificial...Jack 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... https://promptandmodel.com/news/drone-startup-uforce-seeks-af3aa4/2026-08-17https://promptandmodel.com/share-drone-startup-uforce-seeks-af3aa4.svgA close-up of a sleek, metallic drone hovering above a cluttered launch pad structure, partially...London-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.svgA woman's silhouette superimposed over a background of colorful, pixelated code.Lovable, 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.svgA white robot with a round head, blue eyes, and a body with a square chest and arms outstretched.Swedish 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.svgA laptop with a cartoon robot on its screen, set against a dark brown background.A 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.svgA man holding a camera, standing in front of a blurred background featuring trees and buildings.Investors 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.svgA robotic hand is shaking hands with a human hand.A 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.svgA robotic hand and a human hand are visible, with the robotic hand on the left and the human...Former 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.svgA man in a suit pointing at a collection of icons representing various objects, settings, and...London'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.svgA screenshot of a computer screen displaying a code snippet in a programming language, likely C++.Mistral, 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.svgA small robot standing next to a larger robot with its arm extended.Northern 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... https://promptandmodel.com/models/2026-08-21 https://promptandmodel.com/regulation/2026-08-21 https://promptandmodel.com/building-with-ai/2026-08-21 https://promptandmodel.com/in-practice/2026-08-21 https://promptandmodel.com/safety-society/2026-08-21 https://promptandmodel.com/topics/sec-in-practice/2026-08-21 https://promptandmodel.com/topics/sec-models/2026-08-20 https://promptandmodel.com/topics/sec-regulation/2026-08-21 https://promptandmodel.com/topics/sec-safety-society/2026-08-21 https://promptandmodel.com/about/ https://promptandmodel.com/sources-and-methods/ https://promptandmodel.com/corrections/