BNP Paribas says the $3.6 trillion US tech IPO pipeline will pull European startups towards public markets
BNP Paribas says the $3.6 trillion US tech IPO pipeline will pull European startups towards public markets

The IPO filings by SpaceX, OpenAI, and Anthropic have created a pipeline of US tech offerings worth approximately $3.6 trillion. That wave is going to generate appetite for European tech deals too, according to Ygal el Harrar, global head of equity cap…

Poetic emerges from stealth with $50M from OpenAI to automate insurance underwriting and compliance
Poetic emerges from stealth with $50M from OpenAI to automate insurance underwriting and compliance

Poetic, an AI startup that has been operating in stealth, has emerged with $50M in funding and a $500M valuation to automate some of finance’s most sensitive back-office work, from insurance underwriting to compliance and fraud checks. Its backers incl…

Aryon Security raises $29M to stop cloud breaches before they happen
Aryon Security raises $29M to stop cloud breaches before they happen

Aryon Security, an Israeli cloud-security startup, has raised $29M in a Series A round to push a prevention-first approach to securing the cloud. The round, which the company says brings its total funding to $38M, was led by US-based Brightmind Partner…

Capsa AI raises $18M to build the ‘AI operating system’ for private equity
Capsa AI raises $18M to build the ‘AI operating system’ for private equity

Capsa AI, a London and New York startup building what it calls an “AI operating system” for private capital, has raised $18M in Series A funding. The round was co-led by TX Ventures and Pivot Investment Partners, with participation from Bek Ventures, a…

Icertis veterans raise $7.55 million to build the AI layer that recovers money enterprises don’t know they’re losing
Icertis veterans raise $7.55 million to build the AI layer that recovers money enterprises don’t know they’re losing

Rivvun AI, a Seattle-based startup founded by former senior executives at contract management platform Icertis, has raised $7.55 million in an oversubscribed seed round co-led by Sitara Capital and 3one4 Capital. The company is building what it calls a…

TensorWave raises $350M led by AMD to build an Nvidia-free AI cloud
TensorWave raises $350M led by AMD to build an Nvidia-free AI cloud

TensorWave, a cloud provider that runs its AI data centres on AMD chips rather than Nvidia’s, has raised $350M in a Series B round led by AMD and the hedge fund Magnetar Capital. The deal values the Las Vegas startup at $1.55bn. That is nearly four tim…

SK Hynix is planning a US listing of up to $14bn to cash in on the AI memory boom
SK Hynix is planning a US listing of up to $14bn to cash in on the AI memory boom

SK Hynix is preparing to list in the United States in a deal that could raise as much as $14bn as soon as August, according to people familiar with the plan. The Korean memory maker has made a confidential filing for American depositary receipts, and t…

01Health raises £11.2M to turn its dental-AI platform into infrastructure for specialist care
01Health raises £11.2M to turn its dental-AI platform into infrastructure for specialist care

01Health, a London healthtech company, has raised £11.2M ($15M) in Series A funding to open up the clinical platform behind its dental brands and sell it to other practices. The round was led by Gresham House Ventures. Existing backers Balderton Capita…

Uncovr raises $7M for AI that writes the operative report before the surgeon leaves the room
Uncovr raises $7M for AI that writes the operative report before the surgeon leaves the room

Uncovr, a surgical AI startup based in New York and Paris, has raised $7M in seed funding to turn the video from an operation into its official written record. The round was led by Index Ventures. Seedcamp, Frst, No Label Ventures, and Entrepreneurs Fi…

Cambridge Aerospace is in talks to raise $300M at a $3.5bn valuation, almost nine times its worth a year ago
Cambridge Aerospace is in talks to raise $300M at a $3.5bn valuation, almost nine times its worth a year ago

Cambridge Aerospace, a British defence-technology startup building systems to shoot down drones and cruise missiles, is in talks to raise around $300M at a valuation of about $3.5bn, according to a Bloomberg report citing people familiar with the matte…