From powerboat records to a $1bn war chest: meet Europe’s newest defence unicorn
First the Royal Navy shoved a robot boat out of a transport plane at 1,300 feet. Then its maker became Europe’s newest defence unicorn. Kraken Technology Group, a British maker of uncrewed surface vessels, has raised $175m (€152.9m) in a Series B round. It values the company at more than $1bn. Kraken announced the raise […]<br /> This story continues at The Next Web [...]
Rating
Innovation
Pricing
Technology
Usability
We have discovered similar tools to what you are looking for. Check out our suggestions for similar AI tools.
Moneybox is Europe’s newest unicorn, and it’s testing London’s new private market to prove it
Moneybox is Europe’s newest unicorn, worth £800m, or $1.1bn. But no fundraise set that price. Staff did, by selling shares on London’s untested new private market. Moneybox, the British savings a [...]
From shiny object to sober reality: The vector database story, two years later
When I first wrote “Vector databases: Shiny object syndrome and the case of a missing unicorn” in March 2024, the industry was awash in hype. Vector databases were positioned as the next big thing [...]
God of War's 20th anniversary celebration gives you Kratos' most badass throwback skin
Sony is celebrating God of War's 20th anniversary with goodies found in digital Norse mythological worlds, an LA art studio and your dusty old record player. The highlight is Kratos' positiv [...]
Surging European defence stocks signal ‘huge potential’ for military tech startups
Shares in European aerospace and defence companies soared to record highs this week, elevating expectations for the continent’s military tech startups. Britain’s BAE Systems leapt by 9% on Monday, [...]
A startup that builds offensive cyber weapons just became a $1bn unicorn
Most cybersecurity startups sell shields. Twenty sells the sword, and investors just valued that at $1bn. The company, which describes itself as America’s first venture-backed cyber warfare firm, ha [...]
Mistral AI wants to build 1 gigawatt of European compute by 2030 — and lock in customers now.
Mistral AI wants to turn European AI sovereignty from a talking point into a product — one with a service-level agreement attached.The French artificial intelligence company announced Tuesday a thre [...]
Air defence startup Egide raises €8M seed to take on Europe’s sky protection gap
A new entrant into the crowded but urgent European air defence startup space has closed its first significant round, as capital chases the continent’s most pressing military capability shortfall. Th [...]