European startups
fromTechRepublic
7 hours agoUK and Europe Land 33% of New Startups Founded by DeepMind Alumni
112 DeepMind alumni launched startups since Q2 2025, with 28 in the UK and Europe, signaling strong AI-driven tech growth.
Reflection, a startup founded just last year by two former Google DeepMind researchers, has raised $2 billion at an $8 billion valuation, a whopping 15x leap from its $545 million valuation just seven months ago. The company, which originally focused on autonomous coding agents, is now positioning itself as both an open-source alternative to closed frontier labs like OpenAI and Anthropic, and a Western equivalent to Chinese AI firms like DeepSeek.
Two former Google DeepMind researchers who worked on the company's Nobel Prize-winning AlphaFold protein structure prediction AI as well as its AlphaEvolve code generation system have launched a new company, with the mission of democratizing access to advanced algorithms. The company, which is called Hiverge, emerged from stealth today with $5 million in seed funding, led by Flying Fish Ventures with participation from Ahren Innovation Capital and Alpha Intelligence Capital.