European chip startups raised a record €3.25 billion in 2026, nearly four times last year’s total, as investors bet on AI-chip challengers to Nvidia. Most funding went to a handful of large deals; turning it into lasting products and sales remains the test.

Torus raised $500 million to scale Foundry, modular AI-computing systems designed to tap spare power at existing sites. The company says deployments can start in 12 to 16 weeks as it targets 47,000 GPUs by 2027.

Gamma says it has passed 100 million users and is rolling out Gamma 5 as people increasingly use AI to turn their own materials and data into presentations, documents and websites. Most remain prosumers, but business and enterprise plans are growing quickly.

HUMAIN has named investor Amal Dokhan to lead Limitless, its effort to fund Saudi AI startups and connect them with computing, customers and enterprise deals. Aramco holds 49% of the initiative’s fund and operating company; details remain scarce.

Colombian rental-fintech Palomma raised $10 million in a Cometa-led Series A, valuing its bet on software and financial services for landlords and tenants. It processes $130 million in rent monthly and is adding AI leasing tools and credit products.

Berlin freight-tech firm sennder raised €228 million in equity and debt to grow its network and upgrade its AI-powered platform. The profitable company will use the funds to integrate its 2024 C.H. Robinson acquisition and expand its freight operations.

Emulate, a London-based DeepMind offshoot, has raised $700 million in a round joined by Unity and Nvidia’s investment arm, NVentures. The available information offers no details on the terms or how Emulate plans to use the funds.

South Korea plans to help create 20 trillion-won AI companies and a decacorn by 2030, pairing staged funding with global expansion. The test: whether transparent selection and corporate trials turn technical strength into lasting sales.

Czech startup Kardi Ai raised CZK 130 million (€5.3 million) to expand its AI-assisted heart-monitoring service into Germany and India. Its ECG chest strap is used by 6,000-plus people; predictive models remain under development and need clinical validation.

Europe is entering the AI-chip race, with 113 companies working across processor design, manufacturing and supporting technologies. Activity spans several countries, but corrupted data makes investment figures and startup details impossible to verify.

Pomerado launched an open-source platform that turns websites without APIs into hosted tools for AI agents, promising faster, more reliable access than browser automation. Its benchmark claims major gains, but isn’t independently verified.

Kerala is pitching itself as a startup hub as Huddle Global 2026 opens in Kovalam, with more than 4,000 participants expected. The state has set aside Rs. 50 crore for young innovators and plans to link graduates and founders with jobs and experienced mentors.

London startup Tano raised $4 million to expand its AI-powered creator marketing platform, which automates campaigns while pairing brands with human strategists. It says creator sales are rising, but must prove results and margins can scale.

Oura will buy AI primary-care startup Counsel Health for $625 million, pairing its smart ring data with physician access and personalized guidance. The deal pushes Oura beyond hardware, but rollout details and proof of better care remain unclear.

Toronto AI tax-research firm Blue J raised US$176 million at a valuation above US$700 million, backing its push to turn tax research into AI-prepared client work. The funding will support its Workflows product and international expansion.

Redalpine has closed its oversubscribed eighth fund at $250 million, targeting about 20 early-stage startups at the intersection of software and science. The Swiss firm’s bets include AI for robotics, drug discovery and critical systems, as investors increasingly favor proven managers.

Copenhagen-based Sumary raised $25 million to expand its AI accounting platform across Europe, targeting firms burdened by manual work and staff shortages. It says customers cut monthly-close time by 50% and VAT preparation by 75%.

Hub71+ Life Sciences turns one, with 58 startups raising $463 million and generating $138 million in revenue. Abu Dhabi is expanding clinical and commercial partnerships, but the test is turning pilots into approved, widely used products.

Zacua Ventures closed a $135 million second fund, 35% above target, to back startups modernizing construction and other physical industries. The firm will target robotics, AI and industrial automation, using corporate partners to help bring technologies into real-world use.