3 minutes. Important headlines. Let’s get to it 🚀👇
🌍 Europe
EU launches the multi-billion-euro “Scaleup Europe Fund” to finance European deep-tech scaleups in AI, quantum, and semiconductors.
Polish-American startup SalesPatriot raised €4.2 million to modernise defence procurement and prepare European expansion.
GHO Capital raised €2.5B for its fourth fund, cementing its position as Europe’s biggest healthcare-focused investor.
🌍 MENA
Saudi HR-tech startup Squadio raised $3M pre-Series A to expand its AI-powered remote tech-hiring platform.
Saudi contech startup BRKZ secures $30M qrowth debt from Stride Ventures to expand flexible payment and AI-powered procurement solutions.
Jahez and noon unite to transform quick-commerce and food delivery in Saudi Arabia.
🌎 U.S.
Periodic Labs, founded by ex-OpenAI/Google Brain researchers,raised ~$300M to build next-gen AI research tools.
Security platform Chainguard landed $280M in non-dilutive financing from General Catalyst to scale open-source software-supply-chain security.
Grammarly rebrands to Superhuman after June acquisition, launches new AI assistant.
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Till next week,