Bill Ackman has spent close to $1 billion on philanthropy over two decades and concluded that capitalism is better at solving problems. “I’ve spent a fair amount of time on philanthropy, and it’s vastly less efficient at solving problems than capitalis…
NavVis, a Munich-based spatial twin platform, raised €73.7 million ($85 million) in a Series D round led by US private equity firm The Jordan Company. Existing investors Yttrium, KOZO KEIKAKU ENGINEERING, and Cipio Partners also participated. The compa…
The legal-AI startup is in talks to raise at least $500m at a $15.5bn valuation, including the new money, The Information reported. That is a 40% jump on the $11bn it set only five months ago, when it raised $200m. Lightspeed Venture Partners is keen t…
Gravity, an adtech startup that places ads inside AI chatbots, raised a $30.5 million Series A co-led by Lightspeed Venture Partners and Committed Capital. The round brings total funding to $38.5 million. The company runs a full-stack ad platform: a de…
The AI trade blew up its own poster child last month, and thousands of people decided to keep betting on him. More than 5,000 retail investors are still mirroring Leopold Aschenbrenner’s stock portfolio, Business Insider reported, even after his hedge …
DeepSeek spent early 2025 proving that a good AI model did not have to cost a fortune. This week it has been busy proving it can spend one. In a handful of days, the Chinese lab reopened a multi-billion-dollar fundraising. It took a stake in the countr…
Sequoia Capital, is making the largest bet in its history, and it is not only about software. The venture firm is committing $10bn to a strategy built around artificial intelligence and what it calls reindustrialization. The figure is a statement in it…
WindBorne Systems has raised $37 million to sell something it has already proven it can build: weather forecasts that beat the government’s. The Series B, reported by TechCrunch, was co-led by Khosla Ventures and Galvanize and values the company at $25…
Another European fintech has joined the unicorn ranks. Berlin-based Moss has raised €30m in a Series C round that values the spend-management company at more than €1bn. The round was led by Portage. The specialist fintech investor headlined the raise, …
Nik Storonsky wants a bigger slice of Revolut, and he has picked an ambitious price. The cofounder and chief executive is in talks over a new share award, the Financial Times reported. It would grow his stake if the fintech reaches a $500 billion valua…