https://promptandmodel.com/2026-08-20https://promptandmodel.com/share-home.svg https://promptandmodel.com/news/paralo-secures-funding-streamline/2026-08-20https://promptandmodel.com/share-paralo-secures-funding-streamline.svgParalo Secures Funding to Streamline Golf TechnologyUK 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.svgLithuanian AI Startup Guideless Secures €1M in Pre-Seed FundingGuideless, 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.svgSolinide Secures Funding to Commercialise Photonic Chips for AI Data CentresSolinide 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.svgCallosum Secures $100M Seed Round for AI Software InfrastructureUK 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.svgOakley Capital Acquires Majority Stake in Graphwise in Bulgaria’s Largest Software ExitPrivate 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 in... https://promptandmodel.com/news/late-payments-draining-europe/2026-08-20https://promptandmodel.com/share-late-payments-draining-europe.svgLate Payments Draining Europe's EconomyLate 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.svgEuropean AI Infrastructure Startup Velatir Raises €5m to Accelerate AI Adoption Across the ContinentVelatir, 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 employee... https://promptandmodel.com/news/europe-quest-frontier-ai/2026-08-20https://promptandmodel.com/share-europe-quest-frontier-ai.svgEurope's Quest for Frontier AI Models: A Challenge to Dependence on US LabsAs 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.svgOpenAI Dismisses Acquisition Rumors After Joke Offer to Teen EntrepreneurOpenAI 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.svgRevolut CEO to Borrow Against SharesRevolut'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.svgStartups Crack Down on AI-Generated 'Slop' in Internal CommunicationsAs 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 documents... https://promptandmodel.com/news/domyn-ceo-uljan-sharka/2026-08-19https://promptandmodel.com/share-domyn-ceo-uljan-sharka.svgDomyn CEO Uljan Sharka on the Future of AI and Europe’s Role in the IndustryUljan 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.svgTaimi and Hily Prepare for IPO Readiness Amid Growing LGBTQI+ Dating MarketTaimi 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.svgBerlin’s Top 10 Spots to Meet Founders and VCsBerlin’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.svgFCA's Scaleup Unit Offers Support to Fintech StartupsThe 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.svg15 Alumni from European Unicorns Now Building in StealthFormer 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.svgAccel Raises $800m for Ninth Early-Stage Europe Fund, Focusing on AI and DefenceUS-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.svgEurope's Sustainability Ambitions Face Financing HurdlesA 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.svgKlarna Experiences Leadership Shuffle Amid AI Initiative ReevaluationTwo 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.svgDeeptech Founders Gain Leverage in Term Sheets, Securing Fair DealsIn 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.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/regulation/2026-08-20 https://promptandmodel.com/in-practice/2026-08-19 https://promptandmodel.com/about/ https://promptandmodel.com/sources-and-methods/ https://promptandmodel.com/corrections/