Oxylabs has raised $130M from private equity firm Warburg Pincus. It is the company’s first outside investment since it launched in 2015. The deal values the Vilnius-based data infrastructure firm at around $3.6bn. Oxylabs announced the raise on Thursday. The figure is striking for a firm that bootstrapped its way to the top. Oxylabs says […]
Databento has raised $97M in Series B funding to build what it calls the market data platform for modern finance. The round was led by New Enterprise Associates, with DRW, Redpoint Ventures, and Tribe Capital joining. The company announced the raise on Thursday. Demand ran well past the target. The round was oversubscribed, drawing more […]
A startup that builds artificial-intelligence agents for large companies has turned that software on itself, using one of its own agents to help run a $100 million fundraise. Lyzr, an enterprise AI agents firm backed by Accenture, says the agent handled much of the investor legwork for a Series B round that would value the company […]
Rubrik, the US data-security company, said it will invest more than $500m in Britain over the next five years and make London its headquarters for Europe, the Middle East, and Africa. The commitment, announced on Wednesday and worth about £375m, lands as governments across the region press companies to keep sensitive information closer to home, […]
Cambridge biotech Alchemab Therapeutics has extended its Series A round with a £25 million ($34 million) investment from the British Business Bank, which the company says is the state-owned lender’s largest backing of a life sciences company to date. The money will help the clinical-stage firm build its drug pipeline and expand a proprietary antibody […]
A busy 24 hours for AI and deep-tech money, from a $300m quantum bet to Paris voice AI and Europe’s energy startups. Here are the rounds worth knowing. The cash keeps flowing into AI and deep tech. The past day alone brought a $300m quantum raise, a fresh billion-dollar AI-agent valuation, and European bets on […]
A Texas startup has raised $91m to build a rocket engine most of the industry once wrote off as too hard. Venus Aerospace announced a $91m Series B to develop its Rotating Detonation Rocket Engine, or RDRE. Mercury Fund led the round. The backers read like a defence roll-call. Lockheed Martin Ventures joined, alongside MESH, […]
A year ago, Iluvatar CoreX was a Shanghai chipmaker that sold mostly to the Chinese state. This week it is trying to raise about $850m from investors who cannot seem to get enough of it, according to Bloomberg, riding a share price that has more than tripled since January. The rally is really the whole […]
Jeff Bezos is opening Blue Origin to outside money at last, in a round that values the rocket firm at $130 billion, CNBC reports. It follows Elon Musk’s record SpaceX IPO and pits the two space fortunes against each other again. Blue Origin is raising outside capital for the first time. Jeff Bezos’s rocket company […]
Fleek, a London startup building the software plumbing behind the global secondhand clothing trade, has raised $25m in Series B funding to scale the AI it uses to sort, grade and price used garments. The round takes the company’s total funding to $45m. It was led by Burda Principal Investments, an early backer of Vinted and a […]
