Our cofounder @shawnshenjx, made a keynote presentation today at @Qualcomm @Snapdragon Summit, check out one of the iconic moment in his presentation. And thanks everyone who made this happen.

Today, we're proud to be named one of Europe's leading pre-seed investors in 2026 by @Siftedeu. Thanks to Sifted for the recognition, and to every founder who trusted us early 🌱❤️

As AI agents integrate into our lives, it's crucial that they're owned by us — not a platform. Incredible to see @drashsaulsbury launch @Awear_AI at Qualcomm's Snapdragon. Starting with smart glasses, Awear is the AI layer that moves with you across devices, creating an agentic experience that's uniquely yours. Watch from 53:00 here 👇 piped.video/xKCto1YfmdQ?t=3208

Introducing Awear.

Watch our Managing Partner @cee live on @etnshow at HumanX 👇

Time flies. Nine years since @Stjerrild and I set out to build an AI video company. Wild to think that prompting wasn't even a concept back then!

London-based Penelope Health has secured €87 million in funding. The round was led by Thoreau, with participation from existing backers Bertelsmann Healthcare Investments (BHI), Twine Ventures and Seedcamp. The round comes alongside a new partnership between Penelope and Thoreau to build a shared infrastructure layer for real-time payments and clinical rules. Penelope was co-founded in 2025 by Sohum Patel and Mattijs De Paepe. The company built a real-time policy intelligence platform that gives healthcare companies instant access to payer coverage rules, replacing the manual searches and one-off connections providers rely on today. Penelope's platform currently covers policies for more than 200 million Americans, spanning over 15,000 procedures and drug codes.

It's a year since I moved to NYC, so we're on Times Square for today's launch of @arcjet's new agent runtime security: Three new capabilities, available now: 1. Observe: discover all your agents, wherever they're running, with no code changes and nothing to deploy 2. Enforce: apply controls before and after every action. Apply deterministic policies to tools, APIs, database calls, and other inputs/outputs. Detect prompt injection, wrap tools in safety guardrails, limit API access, and protect PII 3. Audit: collect the evidence for security reviews and compliance audits Sign up for a free trial or reach out to schedule a demo!

Your agent is not waiting for someone to type into a chat box. It is set off by an inbox, a text message or a code commit, and it reads and writes to your database on the way through. That is why we built enforcement that runs at the moment it acts. hubs.ly/Q04xJdvT0

If you want to work on computing’s hardest infra problems, spanning hardware, distributed systems and ML research, read on 👇 One of @seedcamp's most exciting new portfolio companies is hiring for several founding roles in GPU computing infrastructure. 🌱 𝐓𝐡𝐞 𝐛𝐮𝐬𝐢𝐧𝐞𝐬𝐬 𝐢𝐬 𝐭𝐮𝐫𝐧𝐢𝐧𝐠 𝐟𝐫𝐚𝐠𝐦𝐞𝐧𝐭𝐞𝐝 𝐆𝐏𝐔 𝐜𝐨𝐦𝐩𝐮𝐭𝐞 𝐬𝐮𝐩𝐩𝐥𝐲 𝐢𝐧𝐭𝐨 𝐚 𝐬𝐢𝐧𝐠𝐥𝐞 𝐠𝐥𝐨𝐛𝐚𝐥 𝐧𝐞𝐭𝐰𝐨𝐫𝐤, 𝐜𝐫𝐞𝐚𝐭𝐢𝐧𝐠 𝐭𝐡𝐞 𝐜𝐨𝐦𝐩𝐮𝐭𝐞 𝐢𝐧𝐟𝐫𝐚𝐬𝐭𝐫𝐮𝐜𝐭𝐮𝐫𝐞 𝐥𝐚𝐲𝐞𝐫 𝐟𝐨𝐫 𝐚𝐮𝐭𝐨𝐫𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐚𝐭 𝐬𝐜𝐚𝐥𝐞. If you have 3+ years of engineering experience shipping code (exceptional open source work counts), OR a PhD in physics, maths, computer science, or a related technical field, now is the time to get in on the ground floor and help shape an extremely technical business. Ping me if this sounds like you!

Yesterday, we officially opened the doors to our new US HQ in NYC 🗽 Amazing energy and lots of excitement for what’s coming. Our next chapter in the US starts now!

The way healthcare providers navigate payer/insurer coverage policy is completely broken. Today, Penelope Health launches with $100m of committed capital to build the policy intelligence layer that US healthcare never had. Every medical claim in America lives or dies by payer coverage policies — documents that dictate which codes are covered, which diagnoses qualify, and what documentation is required. There are thousands of these documents which update several times per year and without warning, buried in 50-page PDFs across arcane insurer web portals. Whereas claims submission got Waystar and Availity, the policy intelligence that sits upstream of every claim has been left to manual portal-trawling, static data vendors, and a lot of Googling. The result is billions in preventable denials, appeals that take weeks, and clinical staff spending hours on admin that should take seconds. The problem is harder than it looks. Payers update policies on a random Wednesday and change code coverage overnight. There are 5+ clinically significant differences between any two payer policies on average. And the most important information is routinely hidden in footnotes and appendices — invisible to keyword search. Penelope Health is the real-time medical coverage policy network that changes all of that with 500,000+ extracted codes, 2 million medical necessity criteria, daily policy updates and sub-second API response times. Query by payer, plan, CPT, ICD or HCPCS — and get back structured, contextual intelligence you can actually act on: claim scrubbing, prior auth generation, appeal letters, payer competitive analysis. Sohum and Mattijs are clinical and engineering maestros (and clinical operators!) with a rare combination of lived frustration and technical depth. cc @seedcamp @tom_wils

Company strategy now shifts far faster than clunky, legacy software can keep up with. Today's workforce is a growing mix of employees, external workers and AI agents. Tristan Deschler spent years in procurement technology, watching workforce management stay stuck in the past while the rest of the stack became slicker and more agile. Sherpa is the platform he built to catch up: one platform to manage contractors, freelancers and AI agents together, compliantly and with full visibility into cost and performance. Field Notes is our series on the founders we back and the problems they're solving 🌱 Swipe through for Tristan's take on timing, building differently, and the advice he'd give first-time founders. Read the full interview here: seedcamp.com/views/field-not…

We asked our founders what they loved about being part of the Seedcamp community at our annual investor event. Here's what they told us: "The strength of that Seedcamp community is second to none in Europe." "There's always someone going through what you're going through right now." "It's that multi-generational mix of founders that makes this portfolio something special." The Seedcamp community is an unmatched network for Europe's exceptional founders, where first-time founders can learn directly from those who have defined entire industries 🌱❤️

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