{
  "id": 5578380,
  "title": "Wonderful raises $550M, Mykhailo Fedorov's new defencetech investment fund, and Londoners can now hail AVs (with safety drivers)",
  "url": "https://urgent.news/2026/09/04/wonderful-raises-550m-mykhailo-fedorovs-new-defencetech-investment",
  "topic": "business",
  "section": "Business",
  "published": "2026-09-04T14:23:17.000Z",
  "source": {
    "name": "Tech.eu",
    "slug": "tech-eu",
    "url": "https://tech.eu/2026/09/04/wonderful-raises-550m-mykhailo-fedorov-s-new-defencetech-investment-fund-and-londoners-can-now-hail-avs-with-safety-drivers/"
  },
  "original_language": "en",
  "account": "This week, over 50 significant tech funding deals worth more than €4.6 billion were tracked, alongside additional 10 exits, mergers and acquisitions across Europe. For those who prefer email updates, a newsletter version is available for a more comprehensive take on these developments.\n\nOne noteworthy investment is the $550 million raised by AI startup Wonderful, bringing its valuation to an impressive $5 billion. Additionally, Mykhailo Fedorov, a former Ukraine defence minister, is set to launch a new defense technology investment fund.\n\nBritish Business Bank has committed to providing up to £46 million in funding for Zinc's new deeptech fund, while Uplift Ventures has launched a €100 million fund to back European deeptech startups. Furthermore, Cummins has joined Emerald Technology Ventures as a limited partner to support industrial innovation.\n\nMeanwhile, in other important news, European tech funding saw a 63% decrease in August as dealmaking slowed. Londoners can now hail Wayve autonomous vehicles through Uber, while the Netherlands has been identified as the top-funded tech hub in H1 2026.\n\nLastly, recommended reads and listens include insights on maintaining human cognition in the age of AI, AIRMo's focus on methane leaks, and the scientist-founder's innovative approach to making language learning more engaging. Additionally, European tech startups to keep an eye on include Instarc, Cleean, Rightcharge, Stellar Alpina, and Hiasynth.",
  "summary": "This week, we tracked more than 50 tech funding deals worth over €4.6 billion and over 10 exits, M&A transactions, rumours, and related news stories across Europe.If email is more your thing, you ...",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}