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French open-source orchestration platform Kestra raises $25M

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The French open-source orchestration platform has grown enterprise revenue 25x in 18 months and executed over 2 billion workflows in 2025. RTP Global leads the round; total funding reaches $36M. Kestra, the open-source orchestration platform for data, AI, infrastructure, and business workflows, has raised a $25 million Series A led by RTP Global, with continued […]

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Standing Ovation raises €30M to commercialise casein made from dairy waste

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The Paris-based precision fermentation startup has already validated industrial-scale production of its Advanced Casein with Bel Group. The Series B will fund its US commercial rollout in 2026, with Europe and Asia from end 2027, pending regulatory approvals. Standing Ovation, the Paris-based precision fermentation startup producing casein from dairy waste streams, has raised €30 million […]

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Airbnb launches private car transfers in 125+ cities

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The new service, available from today across Asia, Europe, and Latin America, lets guests pre-book airport and station transfers directly in the Airbnb app. It’s not available in the US, Canada, or Africa, yet. Airbnb has launched private car transfers in more than 125 cities across Asia, Europe, and Latin America, partnering with UK-based airport transfer […]

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Enkei raises a pre-seed round to scale a material made from construction waste that replaces marble and concrete

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ReCeramix™, made from over 90% recovered ceramic and construction waste, is already in use at Stockholm boutique hotel Ett Hem, members’ club Angel House, and Fotografiska. The round was valued at €3M; the raise amount was not disclosed. Stockholm startup Enkei has closed a pre-seed round at a €3 million valuation to commercialise ReCeramix™, its […]

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Microsoft commits $1 billion to Thailand for cloud and AI infrastructure

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Brad Smith met Prime Minister Anutin Charnvirakul in Bangkok to announce the 2026-2028 investment spanning data centre infrastructure, cybersecurity, sovereign technology, and AI skills training for millions of Thai workers. Microsoft has announced a commitment of more than $1 billion in cloud and AI infrastructure in Thailand between 2026 and 2028, the company’s largest publicly […]

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Empirical Ventures secures £10M from the British Business Bank to back UK ‘venture scientists

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Empirical Ventures, which backs what it calls “venture scientists”, PhDs building deeptech companies across energy, materials, and life sciences, has received a fresh £10M commitment via the BBB’s Regional Angels Programme, taking total support to £15M. Empirical Ventures, the Bristol-based deeptech fund co-founded by two scientists-turned-investors, has secured a £10 million commitment from the British […]

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How the Silicon Valley sneaker that was once worth $4 billion ended up selling for $39M

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The wool sneaker brand that briefly hit a $4 billion valuation in 2021 has agreed to sell all its assets and IP to American Exchange Group. The company is dissolving. Shares jumped 36% after-hours because $39M is still a premium over where they were already trading. Allbirds has agreed to sell all of its intellectual […]

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Rebellions closes $400M pre-IPO round at a $2.34B valuation

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The South Korean fabless AI chip company, backed by Samsung, SK Hynix, and Aramco, raises $650M in six months and targets Meta and xAI as US customers. Korea’s National Growth Fund chose Rebellions as its very first investment. Rebellions, the South Korean AI inference chip company, has closed a $400 million pre-IPO funding round led […]

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Uber is acquiring Blacklane, the Berlin chauffeur platform backed by Sixt and Mercedes-Benz

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The deal, financial terms undisclosed, expected to close by end of 2026, arrives weeks after Uber launched its own Uber Elite chauffeur service and positions the ride-hailing giant as a serious player in the corporate and executive travel segment. Uber has agreed to acquire Blacklane, the Berlin-founded global chauffeur platform, in a move that accelerates […]

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UK fines Apple subsidiary for paying a sanctioned Russian streaming service through the App Store

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The UK’s Office of Financial Sanctions Implementation has fined Apple Distribution International, Apple’s Ireland-based subsidiary, £390,000 for making two payments totalling more than £635,000 to a sanctioned Russian entity through the App Store in 2022. The fine is, by Apple’s standards, negligible: roughly 0.00001 per cent of the company’s annual revenue. The precedent it sets […]

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