The United Arab Emirates plans to invest €40bn ($46.4bn) in Germany, including in new data centres with a combined capacity of about one gigawatt. The two countries announced the package in a joint declaration on 10 September. UAE President Sheikh Moha…
Shares in Shanghai Enflame Technology closed 179% above their offer price on their first day of trading on Shanghai’s Star Market on Friday. The Tencent-backed AI chipmaker had raised about 6.12bn yuan ($911m) in its initial public offering, Bloomberg …
London startup HelmGuard has raised $7.3m in seed funding. It uses AI agents to check how companies manage security and compliance. Infinity Ventures and Frontline co-led the round, the company said in its funding announcement on 9 September. FinTech C…
Seed Capital has closed its fifth fund at €130mn and will use it to invest outside Denmark for the first time, backing 15 to 17 companies across the Nordics in fintech, AI-driven B2B and, for the first time, cybersecurity. The Copenhagen firm will writ…
TAR has raised a $120m Series A led by Spark Capital at a $1bn post-money valuation. The Austin company builds off-grid power systems for AI data centres. The company announced the round on Thursday. Prior investors Buckley Ventures and Align Fund also…
Motive has secured more than $1.3bn in growth financing from General Catalyst’s Customer Value Fund, the company announced on Thursday. Because of the financing, Motive has withdrawn its previously filed S-1 registration statement for an initial public…
BNP Paribas expects the years-long rally in corporate bonds to break as hyperscalers flood the market, forecasting some $400B of their bond sales next year and a record $3.7T of net fixed income supply. The ECB reached a similar conclusion in August, f…
Euno has raised a $23m Series A led by N47. The startup builds what it calls a context platform for enterprise AI agents. Chief executive Sarah Levy first disclosed the round to Axios Pro, before the company published its announcement on Wednesday. Exi…
Clay has raised $115m in a Series D round that values the New York go-to-market software company at $7.1bn. Wellington Management led the round, the company said in its announcement on Wednesday. The New York Times broke the news, in a DealBook story b…
Antioch, a New York startup that builds simulation software for robots, drones and other autonomous machines, has raised a $32m Series A. Greylock led the round. The money goes on the idea that physical AI teams should test their systems in the cloud b…