Sesame Summit 2026 – application open

Waking up to Wolves Summit

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Credit: Wolves Summit

Before we dive in, quick shoutout to all startup founders reading this article – we have a special code for you to register for FREE to join Wolves Summit

Regarding this year’s “Connections That Matter” theme – how are you planning to make these connections during Wolves Summit 2021 valuable/unique for attendees?

Returning for its 6th year, Wolves Summit will bring together prominent industry influencers executives, influential media, and more than 500 startups to explore the latest technology trends and innovations from Poland and surrounding European countries.

Focusing on the theme “Connections That Matter”, the summit which takes place October 19-21st is set to become our largest event to date, attracting over 5,000 participants in-person and online. We are here to build a truly flourishing startup ecosystem on both an EU and international level, being an innovation bridge between both the Central and Eastern European regions and the tech powerhouses of the world.

With this year’s edition embracing a fully hybrid model, more founders, investors, and innovators will be able to access the unparalleled match-making opportunities and industry-leading speakers we have lined up. As previous attendees will attest to, Wolves Summit has been instrumental in facilitating the success of some of the region’s most successful startups and now draws the cream of the VC community, keen to invest in this next generation of tech titans.

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Credit: Wolves Summit

This event is clearly a must-attend event for investors interested in expanding their portfolios into the CEE region; which investors are you the most excited about hosting this year?

Startups should know that they can engage with investors of all types at the summit. The event brings the most influential investors from top international funds together with leading angels, accelerators, Corporate Venture Capital, and EU financing options.

Some noticeable names that have been with us over the years are Accel, Seedcamp, SOSV, Sunfish VC, Flashpoint, Kaya VC, Peak Capital, Hoxton Ventures, Expon Capital, AI Startup Incubator, EIB Group (the European Union’s bank and European Investment Fund), among others.

Corporate venture capital (CVC) investment can be a real game-changer for startups, but it has traditionally been difficult to secure. This year we are joined by senior representatives from UNIQA Ventures, Elevator Ventures, Wayra X, Brand Capital (The Time Group), and many more.

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Credit: Wolves Summit

Although most Tech events tend to incorporate some level of startup pitches, it’s rare that we see any event hosting two startup pitching competitions! What’s the difference between these pitching competitions?

The Great Pitch Contest is Wolves Summit’s official startup competition. Each edition attracts over 1,000 startup applications out of which only 40-50 tech game-changers get to pitch in the Semi-finals in front of investors, corporations, and other attendees. The top 10 startups will be selected to pitch in the Finals on Thursday, October 21st.

This year’s winners will receive the opportunity to pitch directly in front of AI Startup Incubator’s investment board committee, a guaranteed interview with a Techstars Global Startup Pipeline Manager, a scholarship for the next cohort of the InnovX-BCR program starting in November, as well exclusive access to a tech stack from leading providers such as Amazon, HubSpot, ActiveCampaign, and others.

At Wolves Summit we strive to support the growth of the CEE innovation ecosystem, and we know we can best achieve this by partnering with forward-thinking organisations and individuals sharing our mission. We are happy to be able to provide the platform and tangible support to UiPath to select the next automation champions in the CEE and Turkey.

UiPath Automation Award is an annual competition designed to identify new technologies and products that can have a global impact and revolutionize the larger ecosystem of automation solutions. The awards ceremony will be held live on stage and broadcasted to the home audience on October 20th. The finalists in the two award categories are Start-Up Category: Demoboost (Poland), Serket (Hungary/The Netherlands), Easysales (Romania); Scale-up Category: Apify (Czech Republic), Powerful Medical (Slovakia), Dronehub (Poland)

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Credit: Wolves Summit

There’s a new CEE Innovation Track taking place at Wolves Summit this year; what sets this apart from the other tracks being planned for the event?

CEE Innovation Track is a dedicated programme allowing external ecosystem players to craft and showcase their own content in front of business leaders and decision-makers. Wolves Summit will provide the partners with the right platform to bond over common challenges, and create business opportunities that help maintain and grow the region’s tech sector.

This track is just one of our initiatives to connect the tech and innovation ecosystems Wroclaw in the West to Moscow in the East, and Tallinn in the North to Tirana in the South. We are getting ready to launch a new concept in 2022 – a one-week festival of live tech events taking place throughout Central Eastern Europe and beyond. It is set to become the largest, decentralised festival in Europe uniting tech and talent in a world-class hub of innovation.

This year’s Innovation Track partners include MIT Enterprise Forum, Sx.tech, Made in Wroclaw, InnovX, and PODIM, and will offer attendees an intriguing slate of co-located events throughout the day in addition to conference programming.

We are expecting all the current Innovation Track partners to be part of the 2022 event and welcome other innovators to join. If you are an event organizer, an organization supporting startups and innovation, or a large corporation willing to make a difference, express your interest here.

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Fundraising 5 hours ago

London-based AI laboratory Ineffable Intelligence has emerged from stealth with a $1.1 billion seed round at a $5.1 billion post-money valuation, the company confirmed on 27 April 2026. The financing is the largest seed round ever raised by a European company and one of the largest first-money-in rounds in the global history of artificial intelligence. The round was co-led by Sequoia Capital and Lightspeed Venture Partners. Participating investors included Nvidia, DST Global, Index Ventures, Google, and the UK Sovereign AI Fund, the British government’s recently established vehicle for backing strategic AI capacity on home soil. A bet on a different path to general intelligence Ineffable Intelligence was founded in 2025 by David Silver, the former Vice President of Reinforcement Learning at Google DeepMind and the principal architect of AlphaGo, AlphaZero and AlphaStar. He is joined by three further DeepMind alumni: Wojciech Czarnecki, Lasse Espeholt and Junhyuk Oh. All four have spent the past decade at the frontier of reinforcement learning research, the discipline behind some of the most consequential demonstrations of machine learning over the past ten years. The company describes its objective as building a “superlearner” — an AI system capable of acquiring knowledge directly from its own experience rather than from human-generated text or imagery. “Our mission is to make first contact with superintelligence,” Silver said in a statement accompanying the launch. “We are creating a superlearner that discovers all knowledge from its own experience, from elementary motor skills through to profound intellectual breakthroughs.” The framing is a deliberate departure from the dominant industry trajectory. Most leading AI laboratories, including OpenAI, Anthropic and Google DeepMind itself, have built large language models trained primarily on the corpus of the internet, then refined that training with human feedback. Ineffable’s wager is that the marginal returns on scaling text-based pretraining are diminishing and that the next leap in capability will come from agents that learn endlessly from the consequences of their own actions, in much the same way AlphaZero learnt the game of Go without studying any human matches. Why $1.1 billion at seed The size of the round is unusual even by the inflated standards of the 2026 AI capital cycle. Two factors appear to explain it. First, frontier reinforcement learning at the scale Ineffable describes is computationally extraordinarily expensive: the company will need to operate vast simulation environments and train very large models against them, an undertaking that consumes capital at a rate closer to physical R&D than to traditional software. Second, the round signals a strategic move by Europe’s investor and policy ecosystems to retain the most ambitious AI researchers on the continent. The presence of the UK Sovereign AI Fund alongside Sequoia, Lightspeed and Nvidia is the clearest expression of that intent. The British government has publicly framed the investment as a bet on breakthrough AI that “can discover new knowledge”, positioning the country as a willing co-investor in domestic frontier laboratories. For Ineffable, the implication is access not only to capital but to compute, regulatory engagement and the still-resilient academic talent base around UCL, Oxford, Cambridge and Imperial. Founder pledge of historic scale Alongside the funding announcement, Silver disclosed that he is committing 100 per cent of any personal proceeds from his Ineffable equity to charity via the Founders Pledge network — described by the organisation as the largest pledge in its history. At the round’s $5.1 billion valuation, that commitment could ultimately exceed several billion dollars if the company succeeds. It is a meaningful gesture in a sector where the reputational stakes around concentrated AI wealth are escalating, and one likely to be referenced in subsequent founder-led commitments. Implications for the European AI landscape Ineffable’s emergence reshapes the European AI map in three concrete ways. It establishes London as the home of the continent’s largest-ever seed-stage company, complicating Paris’s recent narrative of frontier-AI primacy after Mistral’s earlier rounds. It validates a thesis — that reinforcement learning, not transformer scaling, is the next frontier — that has lately been losing capital share to language-model incumbents. And it confirms that the UK government is now willing to act as a balance-sheet co-investor in domestic AI laboratories, a posture much closer to the French model than to the predominantly grant-based regimes elsewhere in Europe. The execution risk is non-trivial. Reinforcement learning at frontier scale has historically required years of careful environment design before producing competitive systems, and Ineffable’s “first contact” framing sets a high bar against which it will be judged. But for now, with a billion dollars on the balance sheet, four of the discipline’s most accomplished researchers in the founding team and a sovereign co-investor at its back, Ineffable Intelligence is the most heavily resourced new entrant in the European AI cycle. Sesamers covers European fundraising rounds across deeptech, fintech and AI. Source: tech.eu.

Fundraising 5 days ago

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