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Tech Funding News (TFN) is a digital publication covering startup funding rounds, valuations, and venture capital trends across Europe and beyond.
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The London GRC startup has raised $7.3m in seed funding for agents that assess third-party risk and show a citation and a confidence score for every conclusion. The part that audits other companies' AI agents is still being built.
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Three rounds in eight weeks carried the San Francisco startup insurer Corgi from $1.3bn to about $4bn of paper value, on $266m of disclosed new cash, no published premium figure and a growing chain of free 24-hour cafes.
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Three years in, the Berlin company says it is profitable on a revenue run rate above $350m. The $100m it just added rides on a European Investment Fund guarantee, which makes its cheapest capital the kind that never touches the cap table.
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European startups raised $24bn in Q2 2026, but the concentration underneath the topline turns growth-stage exposure into an access problem and early-stage diversification into a much harder trade.
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A reported $300mn round would reprice the apartment-leasing agent company at 1.7x last August's valuation. Nothing is signed, and everyone involved declined to comment.
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Late-stage rounds tripled to $4.7 billion last year, more than half of all European defence funding. The fastest-growing early slice, counter-UAS and air defence, went from $5.1 million to nearly $250 million.
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The Aachen startup pairs a sovereignty pitch with a cost number that buyers should insist on testing. Its whole Series A is a rounding error next to Glean's 2025 valuation.
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The continuation fund buying Lightspeed's OpenAI stake will be managed by Lightspeed. Coller Capital's cheque is the only outside check on the transfer price.
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