Monday, 8 June 2026

European deeptech sees continued investment in AI, quantum computing, and cleantech, alongside calls for institutional capital to boost growth-stage companies.
- AI Strategy
UK Sovereign AI Model Secures Industry Backing
British AI firm Cosine has assembled a coalition of UK institutions to co-design Lu, the nation's first sovereign frontier model. This initiative is part of a UK Government programme aimed at developing indigenous AI capabilities.
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- Quantum Computing
OQC, JPMorgan Chase, AMD Launch Quantum-AI Data Centre in London
A new London facility will host collaborative research, with JPMorgan Chase testing quantum algorithms for financial applications.
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- Cleantech Investment
GR3N Secures €15.5M for PET Chemical Recycling
Swiss cleantech company GR3N has closed a €15.5 million Series B funding round to scale its technology for PET and polyester plastics recycling. The investment, led by 360 Capital, will support the expansion of its chemical recycling processes for sustainable materials.
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- AI Infrastructure
AethexAI Raises $3M for Voice AI in Emerging Markets
UK-based AethexAI secured $3 million in pre-seed funding, led by 4DX Ventures, to build voice AI infrastructure. The company launched its platform targeting enterprises in Africa and the Middle East for AI adoption.
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