The seed round, led by Realyze Ventures and Pi Labs, will fund expansion into Germany and Spain as volatile power markets push large industrial firms past their spreadsheets. Electricity used to move with the seasons. Now it moves by the minute, and th…
Between commercial aircraft at 10km and conventional satellites at 500km lies a band of near-Earth space that has never been used commercially. Very low Earth orbit, or VLEO, sits at 200 to 300km, an altitude historically reserved for spy satellites an…
Moonshot AI, the Beijing-based developer of the Kimi chatbot, is seeking as much as $2 billion in a new funding round that would value the company at $30 billion, Bloomberg reported on Sunday. If the round closes at that target, it would mark a seven-f…
Swiss cleantech startup GR3N has raised €15.5 million in a Series B round to build the world’s first commercial-scale microwave-assisted PET recycling plant. The round was led by 360 Capital, with new investor VP Textile also participating. The proceed…
Six weeks ago, AirTrunk did not operate in India. Now it wants to spend $30 billion there. The Blackstone-backed hyperscale data centre operator announced on Thursday that it plans to invest more than INR 3,000 billion ($30 billion) in India by 2030, b…
Switch is trying to raise money at a valuation that would have looked implausible for a data-centre developer a few years ago. The Las Vegas company is in talks to raise billions of dollars at a valuation of at least $50bn, according to The Information…
Three companies are preparing to enter public markets this year with a combined valuation that could exceed $3 trillion. SpaceX is set to list as early as 12 June at a $1.77 trillion valuation, selling 555.6 million shares at a fixed price of $135 each…
Two years ago, Ramp was a $7.65 billion corporate card company. On Wednesday, it announced a $750 million Series F that values it at $44 billion, a nearly six-fold increase that makes it one of the most valuable private fintech companies in the world. …
The pitch deck for every AI sales tool tells the same story: more signals, better insights, smarter forecasting. What they leave out is that most of those insights end up ignored. Reps drown in dashboards. CRM records go stale. The deal that should hav…
Perk, the corporate travel and spend management group that until last year traded as TravelPerk, has closed a $300 million private credit facility, money raised as debt rather than equity and at a scale the company says few technology firms have reache…