Sonder’s founder said pulling off the Marriott deal was the hardest thing he’s ever done. Now he’s stunned as the company files for bankruptcy just months after his departure. The licensing agreement collapse left guests stranded and the once $1.1B company in liquidation.
Zilch has raised over €150 million in debt and equity funding to fuel its growth as Europe’s fastest-growing fintech unicorn. The company now serves over 5.3 million customers who use the platform nearly 60 times per year on average. This comes despite challenging funding conditions across the broad
British venture firm Backed VC has closed its third fund at €86 million while making its 100th investment in Europe’s DeepTech scene. The fund focuses on AI-native therapeutics, blockchain infrastructure, and manufacturing automation, with five portfolio companies already achieving unicorn status.
European investors are showing renewed confidence in the UK tech scene. The shift is driven by innovation, global outlook, and a renewed government focus on growth. Stronger UK-Europe partnerships are creating fresh opportunities for founders.
According to a new report, a secretive startup called Preventive is attempting to create the first known genetically-modified baby outside China. The company is backed by tech billionaires including Coinbase’s Brian Armstrong and OpenAI’s Sam Altman, and has been working for six months to edit embry
Startup founders should begin planning for late-stage funding rounds like $250 million Series D investments from their very first seed round. Building relationships with later-stage investors should start at least two years before capital is needed. This approach helps investors understand the busin
Yann LeCun, Meta’s chief AI scientist and one of the original “godfathers of AI,” is reportedly planning to depart the company to start his own AI venture. The news caused Meta’s shares to drop 1.5% in premarket trading. LeCun’s startup will focus on advancing work on world models.
Beside, an AI voice startup, has secured $32 million in funding to scale its AI receptionist service. The company already serves 20,000 paying customers and generates $4 million in annual recurring revenue. Their technology answers calls, books appointments, and handles customer follow-ups automatic
AI hardware startup Tsavorite has secured more than $100 million in pre-orders for its Omni Processing Unit chips. The company, founded by Intel veterans, expects to deliver its AI appliances by next year to support agentic AI workflows.
Airbuds has become a viral hit with younger users by automatically sharing what friends are listening to. The app just raised $5 million from Reddit cofounder Alexis Ohanian’s VC firm and has been downloaded over 15 million times. Here’s why it’s resonating with the TikTok generation.
