Latest Startups & Entrepreneurship News
Gizmo Raises $22M Series A for AI-Powered Learning Platform
Gizmo, an AI-native ed-tech startup, secured $22 million in Series A funding in May 2026 to make studying addictive with defensible AI moats. The round highlights institutional investors rotating into AI platforms amid capital displacement from traditional consumer apps. Same week saw Basata's $21M and Enter's $100M Series B.
Averroes Ventures Prepares $50M Fund for Waste-to-Value Startups
Egypt-based Averroes Ventures is launching a $50 million fund targeting recycling, industry, and energy startups turning waste into value across North Africa and the Middle East. Backed by international investors, development institutions, and local banks, it aims for a Q3 2026 close.
Arāya Sie Fund Announces £7.5M First Close for Women-Led Startups
UK-based Arāya Sie Fund achieved a £7.5 million first close to invest in female-founded AI, deeptech, fintech, healthcare, and sustainability startups in the UK and Europe. Targeting pre-seed/seed stages with £100k-£300k checks, it plans to support up to 40 companies, 70% in UK. Fundraising continues.
Institutional Investors Shift to AI-Native Platforms from Consumer Apps
Investors retreating from consumer apps in 2024-2025 are now funding AI-native startups like Gizmo with strong moats, enabling deal structures impossible 18 months ago. PR Newswire's roundup shows multiple AI infrastructure rounds closing simultaneously.