Birmingham-based Rem3dy Health, the parent company of personalised vitamin brand Nourished, has raised £14 million at a valuation of £84 million in a round backed by a mix of global strategic investors. The round was led by Japanese beverage and wellne…
Rivian began handing over the first R2 SUVs to paying customers on Tuesday, opening a new chapter for a company that has burned through billions of dollars trying to prove it can build electric vehicles at scale. The R2 starts at $57,990 for the Perfor…
SpaceX’s initial public offering has attracted institutional orders for multiple times the available shares, according to people familiar with the matter. Multiple investors have individually placed orders of $10 billion or more. Banks leading the deal…
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 roun…
Private equity buys companies, strips out costs, and flips them. A two-year-old startup called Beacon has raised hundreds of millions to do almost the opposite, and to let AI do the heavy lifting. Beacon, an “AI-native” holding company based in Toronto…
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 2…
AI is running out of power, and out of places to put it, on Earth. A Los Angeles startup wants to solve both problems by leaving the planet. Orbital, a space-infrastructure company building AI data centres in low Earth orbit, has raised a $5mn oversubs…
America wants to build robots, not just import them. A New York startup has just raised $200mn to do exactly that. Standard Bots has closed a $200mn round that values the company at $1bn, minting a fresh robotics unicorn. The financing was led by Gener…
Most startups raise money because they need it. NinjaOne has just raised more than $400m to make the opposite point. The Austin-based IT-operations company said on Tuesday that a fresh round of Series C extensions has more than doubled its valuation to…
Six months ago, ICEYE was worth €2.4bn. Today it is worth more than €10bn. Few numbers capture Europe’s defence-tech boom as bluntly as that. The Finnish satellite company has raised €450mn in a Series F round led by General Atlantic, valuing it at ove…