Daily European Tech Flash - Gravis, Solinide, KidsHustle, Eutelsat, Callosum

19/08/2026
256

Top 5 Highlights in European Tech

  1. Gravis Robotics bags $200M, a safer marketplace for teen odd jobs
    Gravis Robotics has successfully secured a $200 million investment, which highlights the growing interest in robotics and automation. At the same time, a new platform designed by 14-year-old Sasha Bagrov aims to create a safer marketplace for teenage odd jobs, addressing safety concerns in gig work for minors. The week saw a total of 45 tech funding deals across Europe, amounting to €684 million, underscoring the vibrant investment climate in the region.
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  2. Solinide closes €4M to commercialise photonic chips for AI data centres
    Swedish deeptech player Solinide Photonics has raised €4 million in a seed funding round aimed at commercialising its silicon nitride photonic chips. These chips are designed to enhance data transfer efficiency in AI data centres, addressing the increasing need for high-bandwidth connections as AI applications grow. The investment will allow Solinide to expedite product development and transition to scalable manufacturing, positioning it as a strong contender in the data infrastructure market.
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  3. At 14, Sasha Bagrov is building a safer marketplace for teenage odd jobs
    Sasha Bagrov, a 14-year-old entrepreneur, is leveraging technology to create KidsHustle, a platform designed for teenagers to safely find odd jobs. The app facilitates parental involvement, ensuring that safety is a priority while teens gain valuable work experience. With the gig economy growing, this initiative addresses safety concerns while tapping into the entrepreneurial spirit of young people in the UK and Europe.
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  4. France's top-funded tech companies in H1 2026
    A recent report reveals that France's tech sector attracted significant investment in the first half of 2026, with key players like Eutelsat and Advanced Machine Intelligence leading the charge. The focus on AI, fintech, and deep tech has resulted in high-value funding rounds, showcasing France's role as a European technology hub. With large debt financing amounts and increasing activity in the ecosystem, the future appears bright for French tech companies.
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  5. Callosum raises $100M seed round
    British AI startup Callosum has secured $100 million in a seed round, aimed at developing a versatile software infrastructure for AI workloads across different chips and models. Led by prestigious VC Atomico, this funding underscores the increasing demand for innovative solutions in AI, with Callosum positioning itself against the backdrop of rising energy costs and operational efficiencies required in the sector. The focus on heterogeneous chip environments could significantly reshape AI application development.
    Read more here

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