thenextweb
Belgian cybersecurity startup becomes unicorn

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 [...]

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venturebeat
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 [...]

Match Score: 61.29

Destination
Appeals court confirms that tracking-based online advertising is illegal in Europe

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 [...]

Match Score: 38.30

thenextweb
German dual-use drone maker becomes unicorn amid defence tech boom

German drone maker Quantum Systems has raised €160mn at a valuation north of €1bn, becoming Europe’s latest defence tech unicorn.   Quantum Systems builds electric, AI-powered autonomous surve [...]

Match Score: 35.35

thenextweb
Sarvam becomes India’s newest AI unicorn with a $234m round led by HCLTech

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 [...]

Match Score: 35.18

thenextweb
Nyobolt’s batteries charge in seconds and last 20,000 cycles. The customer that made it a unicorn is a warehouse robot.

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 [...]

Match Score: 34.23

thenextweb
Belgian AI startup says it can automate 80% of work at ‘expert firms’

Belgium-based Ravical has secured €7.3mn in pre-seed funding to bring AI agents to professional services firms in tax, legal, accounting, and insurance.  Joris Van Der Gucht, Ravical’s CEO and co [...]

Match Score: 33.52

Destination
European AI drone startups hit unicorn milestones amid rising defense funding

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 [...]

Match Score: 32.64

thenextweb
Allica Bank joins the fintech unicorn club after $155M Series D round

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 [...]

Match Score: 32.64

thenextweb
Italian fintech unicorn Satispay reportedly plans €120M raise to push into stock trading

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 [...]

Match Score: 32.64