Paul Sawers
Today Rossum announced that it has raised $4.5 million since its inception — including $1 million in preseed funding to develop a minimal viable product between 2017 and 2018 and a $3 million seed round that closed last month. The funding round was co-led by U.K.-based seedinvestors LocalGlobe and Seedcamp, with participation from some notable angel investors, including Flexport CEO and founder Ryan Petersen, and Elad Gil, who sold his startup Mixer Labs to Twitter in 2009 before becoming an investor in Airbnb, Instacart, Pinterest, Square, and Stripe, among others.

(Press Release) Two leading Czech search engines from Miton's portfolio, fashion-focused Glami and furniture-focused Biano, are entering a new chapter. As of March 2026, both companies are led by a single CEO, Peter Hupka, who previously headed Biano. Both companies hold normalized data on millions of products data that large language models lack and aim to build on this foundation to develop a new generation of online product discovery tools.
The second half of the year, like the whole year (and the two previous ones as well), was marked by AI. This year will be no different. There will be a lot of AI in this summary too. But we’ll also add a bit of crypto and psychedelics.
(press release) A startup founded by Johanna von der Leyen and Marek Miltner at Stanford is changing the way companies and public institutions work with geospatial data. Instead of needing to hire a team of GIS experts, PangeAI agents allow making complex analyses and decisions involving physical infrastructure as easy as typing a prompt. The goal is to make the physical world as searchable and understandable as the digital one.
