Anne Sraders

After roughly a year of planning, speculating and negotiating, the European Commission's €5bn Scaleup Europe Fund is ready to invest, with its first deals expected in the coming weeks.

The Scaleup Europe Fund, run by EQT, will be making its first investments in the coming weeks

In venture capital, much of the power and spotlight is soaked up by partners — those senior investment team members who hold more sway in dealmaking decisions and are frequently sought out by journalists to weigh in on trends.

Two-year-old British air defence startup Cambridge Aerospace has hit a $3.4bn valuation in a $300m Series C funding round led by US-based investment firm and SpaceX backer DFJ Growth.

Deeptech has become one of the most hyped sectors in European venture, with VCs raising more dedicated deeptech funds and ploughing billions into hot areas like robotics

US-based venture firm Accel has raised $800m for its ninth Europe and Israel early-stage VC fund, in addition to another $2.7bn for three other funds.

London-based defence startup Uforce, which builds autonomous drones for the land, air and sea, is in talks to raise fresh funding less than six months after it hit unicorn status with a $1bn valuation.

Investors can't seem to get enough of drone startups, even if the market in Europe is overcrowded

The VC and startup ecosystem in Berlin is still highly concentrated in the Mitte neighborhood, north of Alexanderplatz.

US model maker Anthropic has struck a deal to rent AI compute capacity from UK-based data centre startup Nscale in a deal worth $45bn over the next six years.