Rubrik pledges more than $500m for the UK and makes London its European base
Rubrik pledges more than $500m for the UK and makes London its European base

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 …

Alchemab lands £25m from British Business Bank in record life sciences bet
Alchemab lands £25m from British Business Bank in record life sciences bet

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. T…

AI money watch: five funding rounds that matter today
AI money watch: five funding rounds that matter today

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 fr…

Venus Aerospace raises $91M to build its ‘detonation’ rocket engine
Venus Aerospace raises $91M to build its ‘detonation’ rocket engine

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 …

Iluvatar CoreX seeks to raise $850m as China’s AI-chip rally lifts its shares
Iluvatar CoreX seeks to raise $850m as China’s AI-chip rally lifts its shares

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 t…

After 25 years of self-funding, Bezos opens Blue Origin at a $130bn valuation
After 25 years of self-funding, Bezos opens Blue Origin at a $130bn valuation

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 …

Fleek raises $25m to build the AI infrastructure behind global secondhand fashion
Fleek raises $25m to build the AI infrastructure behind global secondhand fashion

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….

Lovable is reportedly in talks to raise $300M at a $13.2bn valuation
Lovable is reportedly in talks to raise $300M at a $13.2bn valuation

Lovable, the Swedish vibe-coding startup, is in talks to raise $300m at a $13.2bn post-money valuation, Sifted reports, citing two people familiar with the deal. The figure would roughly double the $6.6bn valuation it commanded at its $330m Series B in…

Amazon returns to the bond market for at least $25bn to fund its AI build-out
Amazon returns to the bond market for at least $25bn to fund its AI build-out

Amazon has gone back to the debt markets for at least $25bn, its largest bond sale of the year and the clearest sign yet of how much the company is prepared to borrow to keep pace in the artificial intelligence race. The offering is split across eight …

SpaceX’s biggest bull sees a $10.5tn valuation. A famed bear bets on a crash
SpaceX’s biggest bull sees a $10.5tn valuation. A famed bear bets on a crash

SpaceX just joined the Nasdaq 100. On the same day, one Wall Street analyst put a $10.5 trillion price tag on it. A famed investor put the odds of a crash at 90 per cent. SpaceX has plenty of admirers on Wall Street. None goes further than Raymond Jame…