Belgian cybersecurity startup Aikido Security has closed a $60 million Series B funding round at a $1 billion valuation, marking a rare unicorn milestone for a European security company and highlighting the accelerating interest in developer-centric security platforms. The round was led by DST Global, a tech-oriented investment firm with a track record of backing major technology companies, and included participation from PSG Equity, Notion Capital, and Singular. Founded in 2022, Aikido has reached a billion-dollar valuation in just three years, a pace few cybersecurity firms attain, and according to company sources, the fastest in Europe. The new capital will…This story continues at The Next Web [...]
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 [...]
The Belgian Court of Appeal ruled today that the Transparency and Consent Framework (TCF) currently used as the foundation for most online advertising is illegal in the EU. This decision upholds the f [...]
Sarvam, the Bengaluru company building India’s sovereign AI stack, has become the country’s newest AI unicorn. It has raised $234m in the first close of a $300m Series B, at a $1.5bn valuation, le [...]
The battery that made Nyobolt a unicorn does not power a car. It powers a warehouse robot. The Cambridge-based startup announced on Tuesday that it has closed a 60 million dollar Series C round at a o [...]
Quantum Systems, a drone company based in Bavaria, is now officially a unicorn—a milestone that reflects a broader surge of investment in Europe’s defense tech sector.<br /> The article Euro [...]
London-based digital challenger bank Allica Bank has officially crossed the unicorn threshold after closing a $155 million Series D funding round that valued the company at around $1.2 billion. This p [...]
Satispay, the Milan-based mobile payments company that became Italy’s second unicorn in 2022, is reportedly planning to raise up to €120 million ($139 million) in fresh funding. The round would fu [...]