Investors and funding

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HSBC Asset Management invests in Model ML’s ‘agentic operating system’ for banks

HSBC Asset Management has taken a stake in Model ML, a London startup building what it calls an agentic operating system for financial services, and the deal says as much about where the industry now thinks the value in enterprise AI is settling as it does about any single company. The investment was made through […]

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Germany’s Uniper pivots to data centres with a €5bn plan to power the AI boom

Uniper, the German energy giant that Berlin rescued from collapse three years ago, is betting its next chapter on the server racks now reshaping Europe’s power market. The utility plans to invest around €5bn ($5.7bn) by 2030 in a strategy that pivots hard toward data centres, and toward the electricity they consume in ever greater […]

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Bios Life leaves stealth with $25M and a Tempus alliance for cancer surveillance

A team of BioNTech alumni thinks cancer screening has been stuck in the past, and it has raised $25M to do something about it. Bios Life has emerged from stealth with a plan to replace one-off screening with continuous, AI-driven surveillance, and a data alliance with Tempus to power it. The seed round is well […]

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AquaNab raises funding to fight salmon’s $4bn sea lice problem with alpaca nanoantibodies

Hamburg biotech is taking an unusual shot at salmon farming’s most expensive pest, and it starts with an alpaca. AquaNab is developing tiny antibodies, derived from the animals and delivered through fish feed, to treat and prevent sea lice. The parasite it is chasing is a genuine scourge. Sea lice cost the aquaculture industry billions […]

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Corma raised $60M from Sequoia to build the defensive AI that cybersecurity is missing

In hundreds of simulations modelled on Fortune 500 companies with dozens of security tools, Corma tested leading AI models including GPT and Claude. First, the models attacked the simulated organisations and planted persistent threats. Then the same models were asked to defend and find what they had planted. The attackers succeeded in 88% of simulations. […]

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Point2 raised $136M to solve AI’s wiring problem. Its RF cables beat copper on reach and optics on latency.

Point2 Technology has raised $136 million in total Series B financing to commercialise a new type of cable that could replace both copper and optics inside AI data centres. The latest extension was led by LB Investment, with new strategic participation from Arm and continued support from Maverick Silicon. The investor roster now includes Nvidia, […]

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Bill Ackman agrees with Jeff Bezos: the best way to help the world is to build something that works

Bill Ackman has spent close to $1 billion on philanthropy over two decades and concluded that capitalism is better at solving problems. “I’ve spent a fair amount of time on philanthropy, and it’s vastly less efficient at solving problems than capitalism,” the Pershing Square founder told Fortune. “You create far more jobs through capitalism than […]

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NavVis raised €73.7M to build the spatial data layer that factories need before they can deploy AI

NavVis, a Munich-based spatial twin platform, raised €73.7 million ($85 million) in a Series D round led by US private equity firm The Jordan Company. Existing investors Yttrium, KOZO KEIKAKU ENGINEERING, and Cipio Partners also participated. The company, a 2013 spin-off from the Technical University of Munich, builds photorealistic digital replicas of factories, plants, and […]

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Gravity raised $30.5M to place ads inside AI chatbots. Its next product targets the bots themselves.

Gravity, an adtech startup that places ads inside AI chatbots, raised a $30.5 million Series A co-led by Lightspeed Venture Partners and Committed Capital. The round brings total funding to $38.5 million. The company runs a full-stack ad platform: a demand-side platform for buying ads within AI chatbots and agents, a supply-side platform for developers […]

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Gravity raised $30.5M to place ads inside AI chatbots. Its next product targets the bots themselves. Read More »

Sequoia Capital is putting $10bn behind AI and ‘reindustrialization’

Sequoia Capital, is making the largest bet in its history, and it is not only about software. The venture firm is committing $10bn to a strategy built around artificial intelligence and what it calls reindustrialization. The figure is a statement in itself. At $10bn, it is the biggest investment Sequoia has made in its 54-year […]

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