Investors and funding

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Revolut is valued at $115bn. Its founder’s new share deal targets $500bn

Nik Storonsky wants a bigger slice of Revolut, and he has picked an ambitious price. The cofounder and chief executive is in talks over a new share award, the Financial Times reported. It would grow his stake if the fintech reaches a $500 billion valuation. Storonsky owns about 29% of Revolut today. The new package […]

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Revolut is valued at $115bn. Its founder’s new share deal targets $500bn Read More »

Yann LeCun’s second attempt at a VC fund lands with $100M and Gemini’s co-lead as a partner

Yann LeCun has found a VC fund that will actually launch. The Meta former chief AI scientist is joining 224 Ventures, a new firm that announced Wednesday with more than $100 million in assets under management. His co-partner is Oriol Vinyals, who until today served as Gemini’s co-technical lead at Google DeepMind. Shaun Johnson, who […]

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A startup that slashes AI agent bills just raised $35M. Anthropic is a backer.

Sapiom is a San Francisco startup that sits between AI agents and the models they run on. It has raised a $35 million Series A. Dragonfly led the round. It comes 11 months after the company launched, and six months after a $15 million seed led by Accel. That takes total funding to $50 million. […]

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A startup that slashes AI agent bills just raised $35M. Anthropic is a backer. Read More »

Moove raises $250m at a $2.1bn valuation to run robotaxi fleets

Moove has quietly become one of the more valuable names in autonomous mobility. The company has raised $250m in a Series C round that values it at $2.1bn, a marker of how far it has travelled from its origins. The backing is heavyweight. The round was led by Abu Dhabi’s Mubadala, with Toyota’s growth fund […]

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Jeff Bezos files to sell roughly $4 billion in Amazon shares after stock hits $3 trillion

Jeff Bezos has filed to sell 15 million shares of Amazon common stock, a stake worth roughly four billion dollars based on the company’s closing price on Monday. The filing, a Form 144 submitted to the Securities and Exchange Commission, disclosed that the sales would be executed through Morgan Stanley under a pre-arranged Rule 10b5-1 […]

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Amsterdam startup Ore Energy raises $43 million to build iron-air batteries that store power for days

Ore Energy, an Amsterdam-based startup building grid-scale iron-air batteries, has raised $43 million in Series A funding to scale a technology that can store renewable electricity for up to 100 hours. The round was led by Plural and HV, with participation from Positron Ventures, bringing the company’s total funding to $61 million. The batteries work […]

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Ex-Nubank team raises $85m for Decade, an AI wealth adviser promising “a generation of millionaires”

Two former Nubank executives have raised $85m to build an AI wealth adviser in Brazil. Their backers call it the largest seed round in Latin American history. The startup, Decade, came out of stealth on Tuesday with money from Greenoaks, Benchmark and Diffusion, and a striking promise: to create “a new generation of millionaires.” The […]

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Obsidian Security hits a $1.1bn valuation as AI reshapes the threat

Obsidian Security has become the latest cybersecurity company to be repriced upward by artificial intelligence. The SaaS-security firm has raised a fresh funding of $85 Million Series D at a $1.1bn valuation as demand for tools that secure AI surges. The raise pushes Obsidian into unicorn territory and reflects a simple dynamic. Every new way […]

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Anthropic signs a $10bn compute deal with a week-old cloud startup

Anthropic has found another place to buy computing power, and this time it is a company barely old enough to have a logo. The AI developer has signed a $10bn, six-year deal with Volta, a cloud startup that only just launched, according to Bloomberg. The agreement is Volta’s marquee contract and, for Anthropic, one more […]

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HappyRobot raises $150m Series C to put AI agents to work across the enterprise

HappyRobot has raised $150m in Series C funding to expand its business of putting AI agents to work inside large enterprises. The round, led by Prysm Capital and co-led by Eurazeo, values the company at $1.2bn post-money and takes its total funding to about $200m. The raise lands less than a year after the company’s […]

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