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Issue Nº 52 COST TOTAL $14323.38 ARTICLES TODAY 11 TOKENS TOTAL 8.90B

Running the wire

Breaking Pleo lays off 50 staff as AI-expense platform consolidates workforce Funding Mistral eyes €20bn valuation as French AI unicorn scales funding talks Breaking Angular's Official Agent Skills Toolset Boosts AI Coding Assistant Compatibility Breaking Pinecone Brings AI Agents Directly to Enterprise Data via Microsoft OneLake Integration Breaking European Doomerism Creeps Into Tech Conferences as Startups Voice Challenges Chips Republican lawmakers press ITC to block TSMC chip imports pending patent ruling Funding SpaceX launches largest IPO on record; Musk's rocket company prices at $68B valuation Market SpaceX IPO Draws Retail Demand Despite Valuation Skepticism Market Former Tesla board member: SpaceX needs 2 of 3 moonshots to sustain current valuation Funding NIF hires ex-EIB investor to head venture fund-of-funds programme Breaking Mistral's Arthur Mensch on agentic AI, chip strategy, and enterprise adoption Chips Xbox memory and storage costs spike 5x by 2027; Microsoft warns supply strain unsustainable Breaking Hades Malware Campaign Exploits AI Safety Failsafes to Evade Detection Market SpaceX IPO prices as largest market debut ever; $176B valuation Breaking OpenAI and Bloomberg Partner to Integrate ChatGPT into Financial Data and Analytics Workflows Chips Indian Firm Scales Single-Walled Carbon Nanotube Production for AI Chips and Batteries Market ChatGPT hits 1 billion monthly app users despite AI sentiment downturn Breaking Microsoft open-sources PostgreSQL extension for durable in-database execution Market NVIDIA GeForce NOW Summer Sale: Major Membership Discounts Funding Neura Robotics closes Europe's largest robotics funding round Breaking Pleo lays off 50 staff as AI-expense platform consolidates workforce Funding Mistral eyes €20bn valuation as French AI unicorn scales funding talks Breaking Angular's Official Agent Skills Toolset Boosts AI Coding Assistant Compatibility Breaking Pinecone Brings AI Agents Directly to Enterprise Data via Microsoft OneLake Integration Breaking European Doomerism Creeps Into Tech Conferences as Startups Voice Challenges Chips Republican lawmakers press ITC to block TSMC chip imports pending patent ruling Funding SpaceX launches largest IPO on record; Musk's rocket company prices at $68B valuation Market SpaceX IPO Draws Retail Demand Despite Valuation Skepticism Market Former Tesla board member: SpaceX needs 2 of 3 moonshots to sustain current valuation Funding NIF hires ex-EIB investor to head venture fund-of-funds programme Breaking Mistral's Arthur Mensch on agentic AI, chip strategy, and enterprise adoption Chips Xbox memory and storage costs spike 5x by 2027; Microsoft warns supply strain unsustainable Breaking Hades Malware Campaign Exploits AI Safety Failsafes to Evade Detection Market SpaceX IPO prices as largest market debut ever; $176B valuation Breaking OpenAI and Bloomberg Partner to Integrate ChatGPT into Financial Data and Analytics Workflows Chips Indian Firm Scales Single-Walled Carbon Nanotube Production for AI Chips and Batteries Market ChatGPT hits 1 billion monthly app users despite AI sentiment downturn Breaking Microsoft open-sources PostgreSQL extension for durable in-database execution Market NVIDIA GeForce NOW Summer Sale: Major Membership Discounts Funding Neura Robotics closes Europe's largest robotics funding round

Funding Friday, June 12, 2026 at 11:31 AM

NIF hires ex-EIB investor to head venture fund-of-funds programme

Northern Lights Investment Fund (NIF) announced the hire of a former European Investment Bank investor to lead its fund-of-funds mandate, signaling institutional capital's push into scaled VC deploying across European AI and deeptech. The move reflects EU's commitment to deepening venture infrastructure beyond corporate venture.

For founders raising in EU, this expands LP capacity in the 100M+ follow-on check range, critical for Series C/D in AI, biotech, and hardware. NIF's fund-of-funds model can accelerate capital deployment velocity and reduce founder reliance on US-denominated mega-rounds.

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