The Pentagon is buying defence hardware faster than it can make any of it talk to each other. Sensors, autonomous platforms, edge compute, electronic-warfare payloads, space and undersea systems, all arriving at once, each speaking its own dialect. Picogrid, a six-year-old company in El Segundo, California, has raised $45 million to translate. The Series A, […]
The Dublin-registered tax-tech firm paired a Series C led by Headline with the acquisition of PwC’s Indirect Tax Edge, a bet that periodic compliance is giving way to real-time. Indirect tax is the kind of problem most people never think about until a government decides to watch every transaction in real time. That is now […]
Transition Ventures, the London-based early-stage firm led by Unity co-founder David Helgason, has closed a $150m second fund, bringing the platform’s assets under management to over $300m. Fund II will continue Transition’s thesis that the most consequential companies of the coming decade will sit at the intersection of AI and the physical world: power, robotics, […]
AtlasEdge, the European data-centre operator jointly owned by Liberty Global and DigitalBridge, has secured roughly $1.2bn in debt financing to scale its data-centre footprint across the continent, according to a Bloomberg report on Thursday. The facility is the largest single financing AtlasEdge has raised since its 2021 formation and lands in a stretch of unusually […]
The London-and-San-Francisco startup, formerly Orbital Materials, has closed $50M led by Plural for PFAS-free cooling fluid and modular high-density compute infrastructure. Orbital Industries, the London-and-San-Francisco AI-materials startup formerly known as Orbital Materials, has raised $50m in a Series B led by Plural with participation from Nvidia’s NVentures, Radical Ventures, Compound and Fly Ventures. The funding […]
A new report on the French tech ecosystem by Alexandre Dewez, a partner at venture firm 20VC, paints a picture of a startup scene that is growing more dependent on a handful of AI companies while the rest of the market stalls. French startups raised €6.7 billion across 411 funding rounds in 2025, a 5% decline in […]
Cognition AI has raised more than $1 billion in new funding at a $26 billion valuation, more than doubling its worth since a September round that valued the company at $10.2 billion. The round was co-led by Lux Capital, General Catalyst, and 8VC, with participation from Ribbit Capital, Atreides Management, and Peter Thiel’s Founders Fund. […]
Capchase, a New York-based vendor financing platform for enterprise technology companies, has raised more than $200 million in new funding to scale its embedded lending infrastructure globally. The round, a mix of debt warehouse facilities and equity from institutional investors, is the company’s largest to date and reflects growing demand for financing tools that […]
The Tel Aviv-founded defence-AI firm has closed a $31M Series B led by PSG Equity, bringing total funding to $60M as it scales US operations from Washington DC. Airis Labs, the defence-AI startup that has spent the past two and a half years operating in stealth, emerged publicly on Tuesday with $60m in total funding, […]
The Bristol-and-Lisbon climate-tech firm is scaling MykoFoam, a carbon-negative mycelium insulation panel grown from industrial residues at its Portuguese pilot plant. Mykor, the Bristol-headquartered climate-tech firm growing carbon-negative building insulation from mycelium and industrial farm waste, has raised €4.6m to scale its production. The round is roughly four times the size of the company’s previous […]
