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 [...]
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 [...]
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 [...]
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, [...]
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 [...]
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 [...]
Funding focus is a new series analysing cash flow into the European tech ecosystem. Last week, we looked at the largest investment rounds in fusion energy this year, and now we’re honing in on Euro [...]
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 [...]