Investors and funding

Auto Added by WPeMatico

The Wallenberg family rescues Europe’s flagship green steel project with a €1.4 billion financing round

Stegra,  formerly H2 Green Steel,  has agreed in principle on new financing led by a Wallenberg Investments consortium including Temasek and IMAS. Construction at its Boden plant had slowed during months of fundraising. The Wallenbergs will become the company’s largest shareholder. Stegra, the Swedish green steel company formerly known as H2 Green Steel, has agreed […]

This story continues at The Next Web

The Wallenberg family rescues Europe’s flagship green steel project with a €1.4 billion financing round Read More »

OpenAI acquires Hiro, an AI personal finance startup

Hiro is shutting down on 20 April and deleting all user data by 13 May. Founder Ethan Bloch previously sold Digit to Oportun for more than $200M. Terms of the deal were not disclosed. OpenAI, the San Francisco AI lab behind ChatGPT, has acquired Hiro Finance, an AI-powered personal finance planning startup, with founder Ethan […]

This story continues at The Next Web

OpenAI acquires Hiro, an AI personal finance startup Read More »

Kelluu raises €15M to build a persistent aerial intelligence layer for Europe

The Finnish deep tech company, which operates the world’s largest autonomous airship fleet, has closed a Series A led by the NATO Innovation Fund, the Fund’s first investment in a Finnish company. Its airships can cover 30,000 square kilometres from a single base and have been tested in live NATO exercises. Kelluu, a Finnish deep […]

This story continues at The Next Web

Kelluu raises €15M to build a persistent aerial intelligence layer for Europe Read More »

Nesto raises €11m from Expedition to scale AI workforce management for restaurant groups

In short: Nesto Software GmbH, a Karlsruhe-based workforce management platform for restaurant groups, has raised €11 million in growth equity from Expedition Growth Capital, a London and Boston-based fund that targets bootstrapped European software businesses with more than €5 million in annual recurring revenue. The company, founded by engineers from the Karlsruhe Institute of Technology, manages […]

This story continues at The Next Web

Nesto raises €11m from Expedition to scale AI workforce management for restaurant groups Read More »

UK impact VC Eka Ventures closes second fund at $107M

When Eka Ventures held the final close of its first fund at £68 million in 2021, the London-based firm staked a claim that few UK VCs were willing to make at the time: that impact investing and venture-scale returns were not a trade-off but a thesis. Five years later, it is doubling down. Eka has […]

This story continues at The Next Web

UK impact VC Eka Ventures closes second fund at $107M Read More »

SiFive raises $400m Series G at $3.65bn valuation in final round before IPO

In short: SiFive, the RISC-V chip IP firm founded by the Berkeley engineers who created the open-source instruction set architecture, raised $400 million in an oversubscribed Series G on April 9, 2026, at a valuation of $3.65 billion. The round was led by Atreides Management and backed by Nvidia, Apollo Global Management, D1 Capital Partners, Point72 […]

This story continues at The Next Web

SiFive raises $400m Series G at $3.65bn valuation in final round before IPO Read More »

Meta commits another $21 billion to CoreWeave, bringing total AI cloud spend to $35 billion

In short: Meta has committed an additional $21 billion to CoreWeave for dedicated AI cloud capacity running from 2027 through December 2032, bringing the total value of the two companies’ infrastructure relationship to approximately $35 billion. The new contract will deliver early deployments of Nvidia’s Vera Rubin platform across multiple sites, and is designed specifically for […]

This story continues at The Next Web

Meta commits another $21 billion to CoreWeave, bringing total AI cloud spend to $35 billion Read More »

Canva acquires Simtheory and Ortto in a twin deal aimed at turning a design tool into an end-to-end work platform

Both companies were built by brothers Chris and Mike Sharkey, who previously co-founded Australian holiday rental site Stayz. Financial terms were not disclosed. Canva will preview what it calls the biggest transformation in its history at Canva Create on 16 April. Canva has acquired two companies simultaneously: Simtheory, an agentic AI collaboration platform, and Ortto, […]

This story continues at The Next Web

Canva acquires Simtheory and Ortto in a twin deal aimed at turning a design tool into an end-to-end work platform Read More »

TikTok is spending €1B on a second Finnish data centre

The new facility in Lahti is part of TikTok’s €12 billion Project Clover data sovereignty push for European users. Finland’s defence ministry approved the first data centre investment in 2024 without informing elected politicians. A former minister publicly called for the project to be reconsidered. TikTok is investing €1 billion ($1.16 billion) to build a […]

This story continues at The Next Web

TikTok is spending €1B on a second Finnish data centre Read More »

Eclipse raises $1.3B across two funds to back the next era of physical industries

Fund VI ($720M) targets early-stage companies in robotics, manufacturing, and energy. Early Growth Fund III ($591M) supports companies scaling toward Series A. Total AUM is now approximately $10 billion. Eclipse, the Palo Alto-based venture firm that backs companies rebuilding physical industries, has closed $1.3 billion across two funds simultaneously. Eclipse Fund VI has raised $720 […]

This story continues at The Next Web

Eclipse raises $1.3B across two funds to back the next era of physical industries Read More »

Shopping Cart