The new facility in Lahti is part of TikTok’s €12 billion Project Clover data sovereignty push for European users. Finland’s defence ministry approved the first data centre investment in 2024 without informing elected politicians. A former minister publicly called for the project to be reconsidered. TikTok is investing €1 billion ($1.16 billion) to build a […]
Fund VI ($720M) targets early-stage companies in robotics, manufacturing, and energy. Early Growth Fund III ($591M) supports companies scaling toward Series A. Total AUM is now approximately $10 billion. Eclipse, the Palo Alto-based venture firm that backs companies rebuilding physical industries, has closed $1.3 billion across two funds simultaneously. Eclipse Fund VI has raised $720 […]
The Bristol-based company, parent of Narwhal AI, is building an operating system for autonomous customer conversations across voice, SMS, email, and WhatsApp. CEO Luke Sartain has previously led the Narwhal Media Group. Narwhal Labs, a Bristol-based AI infrastructure company, has raised €22.9 million and simultaneously launched DeepBlue OS, its autonomous communications platform. The company operates […]
The Dutch company, founded in 2016, has grown from a €1M seed in 2024 to a €4.4M follow-on as government and security operators accelerate drone fleet deployments across Europe and the Middle East. AirHub, a Dutch drone operations software company, has raised €4.4M in a new round led by Keen Venture Partners. The company’s software is […]
In short: Joby Aviation and Air Space Intelligence have announced a partnership to integrate AI-driven airspace management into U.S. electric air taxi operations, using ASI’s Flyways AI platform to model high-density eVTOL traffic before commercial flights begin later this year. The electric air taxi race has long centred on the aircraft itself: wing count, battery range, […]
The venture debt facility, backed by InvestEU and signed on 7 April, takes PLD Space’s total 2026 fundraising to €210 million following its €180 million Series C in March. MIURA 5 is on track for its inaugural test flight later this year from the Guiana Space Centre. The European Investment Bank has signed a €30 […]
In short: Anthropic is in negotiations to anchor a new joint venture with Blackstone, Hellman & Friedman, and Permira that would embed Claude across private equity portfolio companies, investing roughly $200m of its own capital into a vehicle that could raise up to $1bn from buyout firms, and taking Palantir’s forward-deployed engineer model as its template. […]
Pershing Square’s non-binding proposal values UMG at €30.40 per share, a 78% premium to its last closing price. Ackman argues the world’s largest music label has been undervalued by structural factors, including the Bolloré Group’s 18% stake and the postponement of a US listing, that have nothing to do with its underlying business. Bill Ackman’s […]
In short: Xoople, a Madrid-based geospatial data company founded in 2019, has raised a $130 million Series B led by Nazca Capital, bringing its total funding to $225 million and pushing its valuation into unicorn territory. The round was co-invested by MCH Private Equity, CDTI (the Spanish government’s technology development fund), Buenavista Equity Partners, and Endeavor […]
In short: WHOOP has raised $575 million in a Series G round that values the screenless health wearable company at $10.1 billion — nearly three times its 2021 valuation. Backed by sovereign wealth funds, leading medical institutions, and a roster of celebrity athletes, the Boston-based startup is positioning itself for an IPO. Its founder and CEO […]
