Sofia Chesnokova

2 weeks ago | techfundingnews.com | Sofia Chesnokova

Macmillan estimates that nearly 3.5 million people are living with cancer in the UK, a number that continues to rise, creating an urgent need for new, adequate patient support. UK cancer outcomes lag up to 25 years behind European peers, with 41% of diagnoses occurring at late stages in England. Additionally, about one-third of eligible people miss critical screening appointments for breast, bowel, and cervical cancer, according to Perci Health data.

2 weeks ago | techfundingnews.com | Sofia Chesnokova

Artificial intelligence is reshaping industries, but the rapid adoption of LLMs has exposed a critical bottleneck: the enormous computational and energy costs of training and deploying these models. Training a single large language model costs up to $5 million and requires thousands of GPUs, doubling infrastructure costs annually. Multiverse Computing addresses this challenge head-on.

2 weeks ago | techfundingnews.com | Sofia Chesnokova

At the heart of the global energy crisis lies a fundamental question: How can we deliver clean, abundant, and reliable power for all without the carbon emissions, resource constraints, and intermittency that plague today’s energy systems? Proxima Fusion is tackling this challenge by advancing fusion energy — the holy grail of power generation — to provide limitless, carbon-free electricity for Europe’s energy future and drive sustainable progress worldwide.

2 weeks ago | techfundingnews.com | Sofia Chesnokova

In a world where information is both a strategic asset and a persistent threat, Arlequin AI has emerged as Europe’s answer to digital-age chaos. On June 11, 2025, the Paris-based startup secured a €4.4 million seed round led by Vsquared Ventures, with participation from 10x Founders, Kima Ventures, Better Angle, and leading French business angels, including former Meta executives and prominent figures in finance and technology.

2 weeks ago | techfundingnews.com | Sofia Chesnokova

Linear, a leading enterprise software company, has reached a $1.25 billion valuation after securing an $82 million Series C funding round on June 10, 2025. Accel led the round, with continued support from 01A and Sequoia, joined by new investors Seven Seven Six and Designer Fund. Additional new investors include Indie.vc, TK Ventures, Soleio, Jeff Weinstein, Ilkka Paananen, and Lauren & Vlad Loktev.