TL;DR SpaceX drew $89 billion in demand for its debut bond sale, seeking $20 to $25 billion across five tranches to refinance bridge loan debt. SpaceX has drawn roughly $89 billion in investor demand for its debut US bond sale, Bloomberg reported on Tuesday, setting the stage for one of the largest investment-grade offerings this […]
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A London startup called Zaro has come out of stealth. Cherry Ventures led its $5.1mn pre-seed round. Zaro wants to build one AI workspace that a company owns, not its software vendors. Who is backing Zaro The angel list is senior for such an early round. Hugging Face co-founder Thomas Wolf and GitHub chief Thomas […]
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A Shahed attack drone costs tens of thousands of euros. The missiles traditionally fired to shoot one down can cost a million or more. A French startup has raised €50mn to fix that maths. Alta Ares, a Paris-based defence-technology company founded in 2024, said on Tuesday it had closed a €50mn round led by Air […]
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The all-stock takeover, the largest power acquisition ever, gives NextEra the utility that runs Northern Virginia’s data-centre belt and consolidates the bidding power on the demand side of the AI-electricity trade. NextEra Energy has agreed to acquire Dominion Energy for about $67bn in an all-stock deal, Bloomberg reported on Monday, in what would be the […]
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Radical Ventures led the round, with Nvidia, Sequoia, Benchmark, Adobe, and Toyota alongside. Andrej Karpathy, Michael Eisner, and the Nintendo family are angels. Total raised is now over $450m. Decart, the AI research lab building real-time video and world models, announced on Monday it had raised $300m in new funding led by Radical Ventures. The […]
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TL;DR Eighteen48 Partners has closed EUR175 million for the first tranche of its inaugural private equity fund, targeting EUR350 million. The London-based firm backs European mid-market buyouts sourced through independent sponsors and has deployed more than EUR200 million in the strategy since 2020. The raise comes as the independent-sponsor model gains traction in Europe after […]
Read MoreTL;DR Graphon AI emerged from stealth with $8.3 million in seed funding to build a “pre-model intelligence layer” that discovers relationships across multimodal enterprise data before it reaches a foundation model. The round was led by Novera Ventures, with participation from Perplexity Fund, Samsung Next, GS Futures, Hitachi Ventures, and others. The company is named […]
Read MorePriced at $185, above the marketed range, the wafer-scale chip company opens trading on Thursday at a $56.4bn valuation. The OpenAI deal is what got the book covered. The customer concentration footnote is what the next quarter has to answer. Cerebras Systems priced its IPO at $185 per share on Wednesday evening, above the marketed […]
Read MoreThrive Capital and Andreessen Horowitz led the round on the back of $2bn+ in 2025 revenue and a $20bn Pentagon enterprise agreement signed in March. Anduril Industries has raised $5 billion in a round led by Thrive Capital and Andreessen Horowitz, doubling its valuation to $61 billion eleven months after its previous mark. The Costa […]
Read MoreWhile AI peers chase billion-dollar megafunds, the Eventbrite founder’s venture firm has gone the other way. Kevin Hartz, the Eventbrite co-founder turned long-time seed investor, has closed a $450m fund at A*, his San Francisco venture firm, according to Bloomberg. The vehicle pointedly avoids the multi-billion-dollar AI megafund template that has dominated venture fundraising for […]
Read MorePeak XV leads. M12, Kleiner Perkins, and Bessemer Venture Partners join; earlier investors return. Amazon Ring, Intuit, and New York Life are named enterprise customers; total funding now stands at $72m. Vapi, the San Francisco-based enterprise voice-AI platform, has raised $50m in a Series B round to scale its voice-agent infrastructure, the company said on […]
Read MoreDitto, an Amsterdam-based health-tech building AI-generated summaries of medical appointments for patients, has raised €7.6m, the company said on Monday. The round is led by Heal Capital with participation from Rubio Impact Ventures. Earlier backer Chris Oomen, chair of Optiverder, has also participated. The funding will support expansion into Germany, the UK, and Spain this […]
Read MoreVisionaries Club returns; Stéphane Kurgan (ex-King COO) and Miro founder Andrey Khusid join. Total funding now over $30m in less than two years. The London fintech says its customers see late-payment rates 7x lower than the UK SME average. Adfin, the London-based fintech building an agentic money-movement platform, has raised $18m in a Series A […]
Read MoreSenior figures from OpenAI, Anthropic, DeepMind, Hugging Face, Mistral, Datadog and Sentry have backed the Seed. The platform claims more than one billion API requests served and lists Lovable and two of the world’s largest digital banks among its customers. White Circle, a platform that helps companies monitor, secure and control AI models in production, […]
Read MorePaymentology, the London-based global issuer-processor, has raised $175m in a round co-led by Apis Partners and Aspirity Partners, the company said on Tuesday. Apis invested through its Apis Growth Fund III vehicle, which the firm said takes its total payments-sector investment count to 16. For Aspirity, a pan-European private-equity firm focused on financial technology and […]
Read MoreNscale, the vertically integrated AI-infrastructure company, has secured an additional $790m of debt financing to continue building out its AI data centre in Narvik, northern Norway, the company said on Monday. The committed facility was provided by ABN AMRO, DNB, Eksfin (Export Finance Norway) and Nordea, with Skandinaviska Enskilda Banken (SEB) acting as Mandated Lead […]
Read MoreHappl, the London- and New York-based provider of an AI-native employee-benefits platform for multinational employers, has raised $11m in a Series A round. The round was led by Portage Ventures, with participation from F Capital and continued backing from Y Combinator, 6 Degrees Capital, Haatch, and Ventures Together. The investment will be used to accelerate […]
Read MoreMizuho, Bank of America, and Morgan Stanley have the mandate. Pricing is expected this month. The trade follows Alphabet’s record CHF, sterling and euro issuances in February and last week’s $17bn euro-Canadian-dollar combination, all targeted at the $180-190bn capex programme. Alphabet plans to sell yen-denominated bonds for the first time, the company disclosed in a […]
Read MoreThe geothermal developer increased its share count by 26% and its top-of-range price by about 8% in an SEC filing on Monday. The revision points to the demand for clean baseload power that AI data-centre buyers have been ready to pay for. Fervo Energy raised its IPO target on Monday to as much as $1.82bn, […]
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The Next Frontier AI Challenge, announced at EurIPS in December, explicitly tells applicants not to try to catch up with OpenAI, but to leapfrog to the next architectural S-curve, with up to €1 billion in follow-on funding dangled for the three winning labs. SPRIND, Germany’s federal agency for breakthrough innovation, opened applications today for its […]
Read More The Next Frontier AI Challenge, announced at EurIPS in December, explicitly tells applicants not to try to catch up with OpenAI, but to leapfrog to the next architectural S-curve, with up to €1 billion in follow-on funding dangled for the three winning labs. SPRIND, Germany’s federal agency for breakthrough innovation, opened applications today for its […]
Read MoreThe round is led by Headline, with new investors Bullhound Capital, Felix Capital, and Daphni. Valuation is undisclosed. Sereact’s vision language action models already run in BMW, Daimler Truck, and logistics customers. The $110M is more than four times the €25M Series A raised just 15 months ago. Sereact, the Stuttgart-based AI robotics software company, […]
Read MoreSummary: VAST Data raised $1 billion in a Series F at a $30 billion valuation, more than tripling from $9.1 billion, with Drive Capital and Access Industries co-leading and Nvidia, Fidelity, and NEA participating. More than $500 million is secondary capital. The company reports $4 billion in cumulative bookings, $500 million-plus in committed ARR, and […]
Read MoreThe deal is Amazon’s second consecutive mega-round with a frontier AI lab, following a near-identical $50 billion investment in OpenAI two months ago. Anthropic’s annualised revenue has reached $30 billion. The arrangement locks Anthropic into AWS’s Trainium chips through Trainium4 and secures up to 5 gigawatts of compute capacity for Claude. Amazon has agreed to […]
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The deal is an internal Blackstone consolidation, both AirTrunk (acquired for A$24 billion in 2024) and Lumina CloudInfra (launched by Blackstone in 2022) sit within the same portfolio. By folding Lumina into AirTrunk, Blackstone gives its Asia-Pacific data centre platform a foothold in India’s hyperscale market without a third-party acquisition. Terms were not disclosed. AirTrunk, […]
Read MoreThe ASX-listed data centre operator is raising A$1.5 billion in a fully underwritten equity offering and expanding its hybrid securities programme by A$700 million, with La Caisse de dépôt et placement du Québec now committed to a total of A$1.7 billion. The raise will fund accelerated development of the S4 Western Sydney campus, where contracted […]
Read MoreIn short: AI coding startup Cursor (Anysphere) is in talks to raise at least $2 billion at a $50 billion valuation, co-led by Andreessen Horowitz, Thrive Capital, and Nvidia, nearly doubling its November 2025 valuation of $29.3 billion. The company has grown from zero to $2 billion ARR in three years – the fastest B2B […]
Read MoreThe Silicon Valley institution has closed roughly $7 billion for its expansion strategy fund, nearly doubling its comparable 2022 vehicle. Alfred Lin and Pat Grady, who took over as co-stewards in November 2025, are making the raise their opening statement on the AI era. Sequoia Capital has raised approximately $7 billion for a new fund, […]
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In short: Solidroad, a Dublin and San Francisco startup founded by Intercom alumni, has raised $25 million in a Series A led by Hedosophia to automate customer support quality assurance using AI. The platform reviews 100% of customer interactions versus the industry standard of 1-3%, and counts Ryanair, Crypto.com, and Oura among its customers. Solidroad, […]
Read MoreSlash, the vertical banking platform built by two college dropouts, has raised a $100M Series C backed by Khosla Ventures and Ribbit Capital. The company’s valuation has nearly quadrupled since its May 2025 Series B, the latest leg of a comeback story that began when its core market evaporated overnight. Slash, the San Francisco-based vertical […]
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The Copenhagen fintech has built a platform of specialised AI agents that handle KYC and KYB work, document reviews, ownership mapping, risk rationale, in minutes rather than hours. NEA led the Series A; Northzone, Seedcamp, and PSV Tech participated. Spektr, a Copenhagen-based startup building AI infrastructure for financial compliance, has raised $20 million in a […]
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