On April 2, Sony increased the price of all of its PlayStation 5 consoles. The standard disc edition now costs $650, the digital edition up to $600, and the Pro model is a hefty $900. However, when you take a step back and look closely at the PlayStation Portal, things begin to make a lot more sense.
It debuted in 2023 as a way to stream games from your PS5 to your TV, but you required your enormous PS5 connected in and nearby, which didn’t work out too well. If you were on the run or sharing a living space with others, it was a big pain, but that changed in November 2025 when Sony released a huge software upgrade. If you have the right PlayStation Plus Premium subscription, you may stream over 600 titles directly to your Portal, without the need for a PS5 or local consoles. The variety is also amazing, with recent PS5 releases and several older PS4 successes available in full 1080p and 60 frames per second as long as your internet connection is stable.
Play Your Game Collection with Remote Play – PlayStation Portal Remote Player can play compatible games you have installed on your PS5 console…
Cloud Streaming from the Game Catalog and Classics Catalog – Discover an awesome library of PS5 games on the PlayStation Portal Remote Player with…
Cloud Streaming for PS5 Games in Your Library – With PlayStation Plus Premium, stream select digital PS5 games in Your Library from PlayStation Store…
The Portal is no longer just a stylish accessory. Throw in the $250 price tag and the $160 yearly Premium subscription, and you’re still considerably below the price of a new $650 PlayStation 5. Heck, you’ll save a few hundred bucks right away, and that’s only the beginning, especially because you won’t have to pay for extra controllers or a separate TV setup.
Sony is blaming the PS5 price increase on a global economic squeeze and memory chip shortages, and to be fair, this has been going on for a long. The Portal avoids these issues entirely because it does not require the same amount of hardware because the actual graphics-heavy stuff is handled by the cloud server. On the other hand, you avoid all of the supply chain issues and rising production costs that are driving price increases in traditional consumer products.
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After some hands-on time with the Portal, you’ll agree that it feels just how you’d expect. The portable features an 8-inch LCD screen sandwiched between two classic controller halves, as well as adjustable triggers and haptic feedback. The built-in speakers are also rather powerful, producing superb spatial music that allows you to avoid using headphones for shorter play durations. With a battery life of about two hours on a single charge, it’s perfect for lazing on the couch.
Plus, the user interface has seen significant improvements since early 2026. Your buddy invites and trophy celebrations appear in the corner of the screen without pulling you out of the game. You simply scan a fast QR code, and new accounts are created in a flash.
This week on the GeekWire Podcast: What it was like inside the Oakland federal courthouse where Elon Musk is suing OpenAI, Sam Altman, and Microsoft, with jury selection revealing just how hard it is to find anyone neutral about Musk these days.
Then, Microsoft and Amazon both dropped blockbuster earnings, with Azure up 40%, AWS posting its fastest growth in 15 quarters, and the two companies combining for nearly $400 billion in capital spending this year alone.
We also discuss a wild Semafor story about a serial entrepreneur who handed his entire life over to an AI agent that now emails people as him, sets up meetings without his knowledge, and even ordered him a computer.
Plus, the story of how Seattle’s Flying Fish Partners — a VC firm with less than $250 million under management — hustled its way into a $1.1 billion seed round alongside Sequoia, Google, and Nvidia. Then we tackle the quickly debunked rumor that Mark Zuckerberg and Tim Cook might buy the Seahawks. And finally, the return of the GeekWire Trivia Challenge.
Nexalus was founded by Dr Tony Robinson, Kenneth O’Mahony and Dr Cathal Wilson.
Trinity College Dublin spin-out Nexalus is collaborating with Canadian defence infrastructure manufacturer TuffTek to develop “next-generation” liquid-cooling platforms.
Nexalus’s cooling systems help control temperature in massive thermal energy-generating infrastructure, including data centres, high-performance computing (HPC) facilities and Formula 1 racing.
The Cork-based start-up was founded by Dr Tony Robinson, Kenneth O’Mahony and Dr Cathal Wilson in 2018.
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The partnership will develop cooling platforms for HPCs and AI, for modern defence and security operations, reflecting a growing need for infrastructure that can perform in high-intensity environments, a joint press release from the companies read.
Under the collaboration, Nexalus will lead the design and integration of advanced liquid cooling architectures, enabling TuffTek’s platforms to support higher compute densities.
“This collaboration with TuffTek is about applying Nexalus’s engineering solutions in some of the most demanding use cases globally,” said O’Mahony, the company’s CEO. He is also a board member with Irish Manufacturing Research, having previously represented I2E2 as its chairperson.
“By integrating advanced liquid cooling into TuffTek’s ruggedised, deployable platforms, we are enabling a new standard for performance and efficiency at the edge for a rapidly growing market.”
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The company’s technology was recognised as part of Fast Company’s 2025 World Changing Ideas list and Time Magazine’s list of best inventions of 2025.
TuffTek founder and CEO John Kadianos said that the collaboration is focused on solving “real operational challenges” in defence environments.
“As compute requirements increase at the edge, thermal management becomes a limiting factor. Nexalus brings a highly innovative approach that allows us to deliver more capable, reliable systems for our customers.”
TuffTek designs its products for critical operations in harsh environments, such as mining, oil and gas.
Hacktivists have claimed responsibility for taking down the public-facing infrastructure of popular Linux operating system distribution Ubuntu, as well as Canonical, the company that develops and maintains the software. The attack began on Thursday, and affected services that Ubuntu users rely on.
“Canonical’s web infrastructure is under a sustained, cross-border attack and we are working to address it. We will provide more information in our official channels as soon as we are able to,” the company said on its website.
The hacktivists are believed to have launched a distributed denial-of-service, or DDoS, a crude but often effective attack that consists of flooding a target with junk traffic until it overloads or crashes.
Ubuntu developers have been discussing the attack on an unofficial Ubuntu community forum, claiming that the attack affects Ubuntu’s security API, and several Ubuntu and Canonical websites. According to a post on a threat intelligence forum, the DDoS attack has also made it impossible for users to update and install Ubuntu. TechCrunch verified that updates failed to install on a test device running Ubuntu.
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As of this writing, the outage has been ongoing for around 20 hours.
When contacted, Canonical spokesperson Lelanie de Roubaix reiterated what the company said on is website.
Hacktivists calling themselves The Islamic Cyber Resistance in Iraq 313 Team claimed on its Telegram channel that it was to blame for the DDoS attack.
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The hackers claimed to be using Beamed, a DDoS-for-hire service. These types of services, also called booters or stressers, allow anyone to pay to launch DDoS attacks, even if they have no technical skills nor the necessary infrastructure to flood targets with bogus traffic. The DDoS-for-hire service in this case claims to power attacks in excess of 3.5 Tbps, which is about half of the bandwidth of a cyberattack that Cloudflare last year called the “largest DDoS attack ever recorded.”
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For years, authorities such as the FBI and Europol have played a game of whack-a-mole against these services, taking downandseizing domains, and sometimes arresting the people behind them.
This story was updated to include Canonical’s response.
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Steam on Linux use in March “had skyrocketed to 5.33%…” reports Phoronix, “easily the highest level we’ve seen Steam on Linux at since its inception more than a decade ago.”
“They don’t make them like they used to” is a phrase that can apply to just about anything. For gear-heads feeling nostalgic about older cars, it’s a phrase that never seems to go away. This is especially true when comparing today’s cookie-cutter engines versus the selection that drivers had in ridiculously overpowered vintage cars. Part of the reason engines have changed and choices have been reduced is due to U.S. EPA standards.
Those standards are set by the Clean Air Act, which gives the U.S. Environmental Protection Agency authority to regulate vehicle emissions. This is done through strict federal requirements that directly influence vehicle design and engine development. As a result, car manufacturers are pushed to produce a more limited range of engine types. Corporate Average Fuel Economy (CAFE) standards are also in play. CAFE requires automakers to meet fleet-wide efficiency targets, which leads to shared engine designs being used across an entire lineup of vehicles.
As automakers worked to satisfy these standards, modern advances like turbocharging and fuel system improvements allowed for engine downsizing. This means smaller engines can produce performance similar to that of larger engines. In fact, there are even small engines with more power than muscle car V8s. So thanks to today’s technology, car manufacturers do not necessarily need to design multiple engine types when fewer can cover the same performance requirements.
Multiple large-displacement engine types were once the norm in the automobile industry. In fact, these engines were in demand for a variety of different vehicles, like old school muscle cars. This includes the big block V8 engine, which was once a major focus for automakers. It was a standard approach taken by many manufacturers, who were unrestricted by emissions and fuel economy regulations.
There is a common belief that smaller engines get better fuel efficiency than larger engines. After all, those older V8s could get very thirsty, which means you’d be filling up quite often. But fuel economy involves a lot more than just engine size. It’s influenced by several factors, like vehicle weight, transmission, technology differences, and even driving habits. So even if you have a car with a larger engine, it doesn’t mean you’re not getting good fuel efficiency.
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There are still some U.S. automakers that give you options, depending on the vehicle. But those options are often restricted to the same model, and not widespread across the board. For example, Ford offers multiple engine choices within the F-150 lineup for 2026, ranging from a 2.7L EcoBoost V6 with 325 horsepower, up to a 3.5L High Output EcoBoost V6 with 450 horsepower. So if you’re interested in finding a car or truck with a bigger engine, it’s a good idea to check the manufacturer’s website first and then go from there.
A new attack type, dubbed ConsentFix v3, has been circulating on hacker forums as an improved technique that automates attacks against Microsoft Azure.
The first version of ConsentFix was presented by Push Security last December as a variation of ClickFix for OAuth phishing attacks, which tricks victims into completing a legitimate Microsoft login flow via the Azure CLI.
Using social engineering, the attacker fooled victims into pasting a localhost URL containing an OAuth authorization code that can be used to obtain tokens and hijack the account without passwords, despite multi-factor authentication (MFA).
ConsentFix v2 was developed by researcher John Hammond as a refined version of Push’s original, replacing manual copy/paste with drag-and-drop of the localhost URL, making the phishing flow smoother and more convincing.
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ConsentFix v3 preserves the core idea of abusing the OAuth2 authorization code flow and targeting first-party Microsoft apps that are pre-trusted and pre-consented.
However, it brings an improvement by incorporating automation and scalability.
ConsentFix v3 attack flow
According to information retrieved from hacker forums where the new technique is promoted, the attack begins by verifying the presence of Azure in the target environment by checking for valid tenant IDs.
This is followed by gathering employee details such as names, roles, and email addresses to support impersonation.
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Next, the attackers create multiple accounts across services such as Outlook, Tutanota, Cloudflare, DocSend, Hunter.io, and Pipedream to support phishing, hosting, data gathering, and exfiltration operations.
Push Security researchers explain that Pipedream, a free-to-use serverless integration platform, plays a central part in automating the attack, serving three critical roles:
Is the webhook endpoint that receives the victim’s authorization code
It is the automation engine that immediately exchanges that code for a refresh token via Microsoft’s API
It is the central collector that makes captured tokens available to us in real time.
Creating the Pipedream model Source: Push Security
In the next phase, the attacker deploys a phishing page hosted on Cloudflare Pages that mimics a legitimate Microsoft/Azure interface and initiates a real OAuth flow through Microsoft’s login endpoint.
When the victim interacts with the page, they are redirected to a localhost URL containing an OAuth authorization code, which they are tricked into pasting or dragging back into the phishing page.
This enables the data exfiltration pipeline, in which the page sends the captured URL to a Pipedream webhook, and the backend automation immediately exchanges the authorization code for tokens.
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The phishing emails can be highly personalized, generated from harvested data, and feature malicious links embedded inside a PDF hosted on DocSend to improve credibility and bypass spam filtering.
In the post-exploitation stage, the obtained tokens are imported into Specter Portal, allowing the attacker to interact with compromised Microsoft environments and access resources permitted by the token, such as email, files, and other services tied to the account.
Push Security noted that its testing of ConsentFix v3 relied on its personal Microsoft accounts; as a result, it is difficult to fully appreciate the impact, which depends on permissions, services, and tenant settings, among other factors.
In terms of mitigating ConsentFix risks, Push notes that the endeavor is complicated because trust in first-party apps is architectural, and that Family of Client IDs (FOCI), Microsoft applications that share permissions and refresh tokens, is useful otherwise.
However, there are still steps administrators can take, such as applying token binding to trusted devices, setting up behavioral detection rules, and applying app authentication restrictions.
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While ConsentFix attacks are used in actual campaigns, it is unclear if the v3 variant has gained any traction among cybercriminals yet.
AI chained four zero-days into one exploit that bypassed both renderer and OS sandboxes. A wave of new exploits is coming.
At the Autonomous Validation Summit (May 12 & 14), see how autonomous, context-rich validation finds what’s exploitable, proves controls hold, and closes the remediation loop.
A garlic-herb salmon with risotto was probably the best among the family meals I tried. The chopped asparagus was less than visually appealing when drizzled in garlic butter, but still tasty and a bit crisp. The salmon was tender and flaky. And the sweet pea risotto had no choice but to be delicious. There was so much cheese, butter, and lemon it was pretty much a concert of fats and acid.
That chicken parm was likewise a mountain of cheese and salt. It reminded me, pleasantly, of countless family meals I had as a child in the 1980s: cheese-topped chicken, garlic bread, shells stuffed with ricotta and topped with even more cheese. The big difference is that there is simply no way my mother would have cooked this meal without a vegetable.
Toval app via Matthew Korfhage
And nutrition is where Toval runs aground a little. The nutritional notes on that chicken parm meal betray 2,300 milligrams of sodium per serving, pretty much the entire daily allowance for an adult human. This is also on par with comparable servings of Stouffer’s meat lasagna. The Tovala meal also carried about 10 times the cholesterol as Stouffer’s.
Many other meals followed a similar pattern, loading up on fats and salt in order to make meals tasty. The net effect is that it’s a lot more like rich restaurant food than what most people prepare at home. Whether this is a good or a bad quality is up to you.
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Only one meal of the seven I tried failed utterly: I flagged a teriyaki chicken dinner to my editor as a possible cultural crime against Japan. The meal was sweet soy drenching pale and steaming chicken, with an implausible side of thick egg rolls and some loose, unseasoned broccoli. It felt like the “Japanese” food you’d get at a mall food court in the ’90s. But again, this was a rare major misstep.
A more pernicious issue, in meals designed for the whole family, is the near-universal high-fat, cholesterol, and sodium content. Many with the income and inclination to eat hearty, low-effort meals like the ones from Tovala are either parents with children, or people in the retirement bracket. Each has their own reason to desire a little more nutrition, and less fat and salt.
By the end of a couple of weeks of testing recipes, I’ll admit I felt a little relieved. I was grateful to feel my arteries slowly reopen. Tovala’s culinary model makes a lot of sense to me, as a smart way of splitting the difference between prepared meals and fresh food. And the company has proven it can cook well. It might be nice if they’d also cook a diet that felt more sustainable.
Writing an email is already one of the more lifeless parts of modern work, so of course the tech industry decided to automate it. AI was meant to ease workloads by managing “grunt” work—dealing repetitive junk, trimming down inbox overload, and giving people their time back. It really sounded like the right idea. But in reality, we are nowhere close to removing the misery of email.
The kind of email you’re already sick of seeing
AI lowers the effort required to produce corporate-sounding language. That means every “just following up,” every “circling back,” every “gentle reminder,” and every “happy to connect” becomes even easier to generate and even harder to escape.
Apple
A person who might have skipped sending a pointless email before can now ask AI to draft one in seconds. And the person replying might once have wrapped things up in two short sentences. Now there is always a cleaner, longer, more “professional” version waiting from a chatbot. The Guardian recently reported on worker frustration around AI-generated workplace output, including what some employees now call “workslop.”
AI just gave bad email habits some steroids
Email was never only about communication. It also became a way to signal responsiveness, usefulness, and motion. A fast reply, a full calendar, and a long thread make things look more productive, even when nobody actually needed any of it. AI slides neatly into this culture. It can answer faster, summarize faster, schedule faster, and keep the illusion of progress running all day.
Office email already rewards performance as much as usefulness. Now every half-formed thought can become a polished paragraph. Sentences can be improved, and low-value updates can be padded into something more formal, diplomatic, corporate, and even lifeless. Using AI does not make your communication any better. What you’re getting instead is just more of it. Your inbox has more messages, fillers, and new language designed to sound productive without necessarily being useful.
Things get worse when everyone starts doing it, compounding the issue. One person sends a slick AI-polished email. The reply comes back with its own AI-assisted phrasing. Someone added to the thread later uses AI to summarize the whole exchange before sending another response. And now you have a conversation that technically keeps moving, but feels less and less human with every pass.
So who’s talking to whom?
At that point, bots emailing bots does not sound like a joke anymore. Dedicated tools like AI email assistants and scheduling bots may be useful in isolation, but they are still part of the same problem. Tools like Read AI’s Ada can handle meeting logistics and participate in email threads, which makes the whole “AI talking to AI” scenario feel a lot less ridiculous now.
It started with people leaning on AI for one harmless email, which quickly steamrolled into the whole culture of email becoming even more bloated and more performative. We were supposed to get relief from one of the most draining parts of digital work. And now it feels like new technology is just keeping that machine running rather than getting rid of it.
After landing agreements with Google, SpaceX, and OpenAI, the U.S. Defense Department said on Friday that it has signed deals with Nvidia, Microsoft, Amazon Web Services, and Reflection AI that allow it to deploy their AI tech and models on its classified networks for “lawful operational use.”
“These agreements accelerate the transformation toward establishing the United States military as an AI-first fighting force and will strengthen our warfighters’ ability to maintain decision superiority across all domains of warfare,” the statement reads.
The deals come as the U.S. Department of Defense has accelerated its diversification of AI vendors in the wake of its controversial dispute with Anthropic over usage terms of its AI models. The Pentagon wanted unrestricted use of Anthropic’s AI tools, but the AI lab insisted on guardrails to prevent Anthropic’s tech from being used for domestic mass surveillance and autonomous weapons.
The two are fighting it out in court at the moment, though Anthropic in March won an injunction against the Pentagon’s move to brand the company a “supply-chain risk.”
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“The Department will continue to build an architecture that prevents AI vendor lock-in and ensures long-term flexibility for the Joint Force,” the statement reads. “Access to a diverse suite of AI capabilities from across the resilient American technology stack will give warfighters the tools they need to act with confidence and safeguard the nation against any threat.”
The DOD said the companies’ AI hardware and models will be deployed on Impact Level 6 (IL6) and Impact Level 7 (IL7) environments to “streamline data synthesis, elevate situational understanding, and augment warfighter decision-making.” IL6 and IL7 are high-level security classifications for data and information systems that are deemed critical to national security and require that these systems be protected physically, through strict access controls and audits.
The Pentagon said more than 1.3 million DOD personnel have so far used its secure enterprise platform for generative AI, GenAI.mil, which provides access to large language models (LLMs) and other AI tools within government-approved cloud environments. It is designed to help primarily with non-classified tasks like research, document drafting, and data analysis.
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Europe should be known for BottleCap AI, not bottle cap memes. With its tongue-in-cheek name, this Prague-based AI startup is one of the teams that VCs think you should know.
It is not that European startups never cut through the noise — Lovable and Mistral AI are proof of it. But there are many more that don’t have nine digits in annual recurring revenue yet and that insiders are still tracking very closely.
That’s where this list comes in. Over the last few weeks, we asked investors at some of Europe’s best known venture funds to recommend two startups each: one from their portfolio (because they liked the startup well enough to invest) and one outside of it (because they are the startup experts but can’t invest in them all). We also threw in a few picks of our own.
From pre-launch to unicorn, these startups are at different stages in their journey, and from different sectors. Due to our methodology, they may not reflect where the region’s hottest hubs are, but they do reflect how deep tech talent could help Europe play its own cards in the AI race.
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Alta Ares
Recommended by Julien Codorniou, general partner, 20VC.
What it does: Alta Ares develops AI-powered counter-drone systems.
Why it’s worth watching: Defense tech has gone from pariah to trending, particularly in Europe, where the war in Ukraine was a wake-up call for armies to modernize. Alta Ares’ interceptors answer a need for cheaper solutions to detect and fight drone incursions.
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Apron
Recommended by Jan Hammer, partner, Index Ventures (investor).
Why it’s worth watching: SMBs can be a lucrative segment for fintech companies; business owners are willing to spend at least some money to save time, and there are millions of them.
Botify
Recommended by Claire Houry, general partner, Ventech (investor).
What it does: Botify helps brands increase their visibility in AI searches.
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Why it’s worth watching: Companies are still scrambling to replace SEO with generative engine optimization (GEO) — but this Disrupt NY 2016 alum has already embraced the shift. Botify has competitors in its new field, such as Otterly.AI and Profound, but also big customers, from Macy’s to The New York Times.
BottleCap AI
Recommended by Julien Codorniou, general partner, 20VC (investor).
What it does: BottleCap AI develops efficiency-focused foundational LLMs and apps.
Why it’s worth watching: With a founding trio that includes an entrepreneur who sold his previous company to Meta and two AI researchers, BottleCap adopted a dual approach. The startup is building its own models and releasing apps built on top of them, including Pulse, an AI-powered news app.
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Cailabs
Recommended by Flavia Levi, investment manager, Join Capital.
What it does: Cailabs develops photonics for aerospace, defense, and industrial applications.
Why it’s worth watching: Cailabs is based on advanced research on the science of light, which it now applies to faster and more robust data transmission. Backed by public and private investors, it plans to deploy 50 optical ground stations to support growing demand for laser communications with satellites.
Cailabs’ turnkey optical ground station.Image Credits:Cailabs
Cala
Recommended by TechCrunch’s Anna Heim.
What it does: Knowledge graph for AI agents.
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Why it’s worth watching: Cala plans to build the knowledge layer that AI agents are missing. Its founder is Elisenda Bou-Balust, a high-profile Spanish entrepreneur and AI expert who sold her previous company Vilynx to Apple in 2020.
Flower
Recommended by Pär-Jörgen Pärson, partner, Northzone (investor).
What it does: Renewable energy management.
Why it’s worth watching: Wind and solar energy are inherently variable. Flower leverages AI and battery energy storage systems to make their use more predictable. This Swedish company also recently raised over $60 million in bonds to keep on scaling.
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Fundamental
Recommended by Jonathan Userovici, general partner, Headline (investor).
What it does: Foundation AI for big data analysis.
Why it’s worth watching: Fundamental’s foundation model, Nexus, focuses on helping enterprises draw insights from their data. The company just emerged from stealth in February, but it is already valued at $1.4 billion following a $255 million Series A.
Gradium
Recommended by Jonathan Userovici, general partner, Headline.
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What it does: AI voice models.
Why it’s worth watching: Gradium’s AI models can be used for real-time text-to-speech that gives AI agents a voice in multiple languages. A spinout of French AI lab Kyutai, this ElevenLabs challenger raised a $70 million seed round of its own.
HappyRobot
Recommended by Pablo Ventura, general partner, Kfund.
What it does: AI agents for complex use cases.
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Why it’s worth watching: HappyRobot, a startup backed by a16z and Y Combinator, is one of many building AI agents, but its focus is on making sure that these can be deployed and deliver ROI. It is headquartered in the U.S., but its three co-founders and part of its team are Spanish.
Inbolt AI robot in deployment.Image Credits:Inbolt
Inbolt
Recommended by Claire Houry, general partner, Ventech.
What it does: Physical AI for factories.
Why it’s worth watching: Mixing AI and robotics, Inbolt improves and expands automation in manufacturing, from the automotive industry and electronics to home goods production lines. The startup says it is already active in more than 70 factories.
Legora
Recommended by Pär-Jörgen Pärson, partner, Northzone.
Recommended by Floriane de Maupeou, principal, Serena Data Ventures.
What it does: AI training data infrastructure.
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Why it’s worth watching: “Every strong model starts with great data,” Macrodata Labs claims on its “coming soon” landing page. But the startup won’t build that data; its upcoming platform will provide other companies with tooling to create solid training datasets.
Multiverse Computing
Recommended by TechCrunch’s Julie Bort.
What it does: Offers compressed versions of open weight models like OpenAI, Meta, DeepSeek, and Mistral AI.
Why it’s worth watching:Multiverse Computing‘s tech takes a proven model and makes it smaller and less expensive to operate, especially on a company’s own hardware. Co-founded by CTO Román Orús, a professor at the Donostia International Physics Center, the Spanish startup has raised $250 million.
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Optics11
Recommended by Flavia Levi, investment manager, Join Capital (investor).
What it does: Fiber-optic sensing systems.
Why it’s worth watching: Optics11’s technology makes it possible to monitor equipment underwater and in similarly harsh conditions. Its potential in preventing disruptions to subsea infrastructure and energy grids helped the startup secure venture debt from the European Investment Bank.
Pennylane
Recommended by Jan Hammer, partner, Index Ventures.
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What it does: Finance management platform for SMBs.
Why it’s worth watching: Pennylane started out with accounting, but it has bigger plans. Like many other growth-stage fintechs, this French unicorn has expanded its scope, with the ambition to build a unified financial operating system for SMBs in Europe.
PLD Space
Recommended by TechCrunch’s Anna Heim.
What it does: Launches rockets.
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Why it’s worth watching: PLD Space is part of Europe’s push for space autonomy. After successfully launching a suborbital rocket in 2023, it is currently developing a reusable orbital launcher for small satellites. Last month, the Spanish company secured a $209 million Series C round led by Mitsubishi Electric that brought its funding to more than $350 million.
PLD Space’s MIURA 1 space rocket during its presentation in Madrid in 2021.Image Credits:Eduardo Parra / Europa Press via Getty Images / Getty Images
Proxima Fusion
Recommended by Daria Saharova, general partner, World Fund.
Recommended by Floriane de Maupeou, principal, Serena Data Ventures (investor).
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What it does: Software for AI model deployment on advanced chips.
Why it’s worth watching: University spinout Roofline bridges the gap between AI and an increasingly fragmented hardware layer with software that lets users deploy models efficiently on different types of chips.
Space Forge
Recommended by Daria Saharova, general partner, World Fund (investor).
What it does: Space Forge manufactures semiconductor components in space.
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Why it’s worth watching: In-space manufacturing is on the rise — for pharmaceutical applications and for chips, which are Space Forge’s focus. With extra tailwinds from geopolitics, the startup is already forging ahead: It recently generated plasma in low Earth orbit.
Theker
Recommended by Pablo Ventura, general partner, Kfund (investor).
What it does: Robots as a service.
Why it’s worth watching: Theker is one of several startups backed by Zara owner Inditex through a dedicated fund managed by Mundi Ventures. Theker’s AI-enabled robots could help the retail giant improve its logistics, but the startup is also pursuing use cases in waste management and food and beverage production.
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