SpaceX’s first employee just raised $500 million for the company that moves satellites once rockets put them in the wrong orbit
SpaceX’s first employee just raised $500 million for the company that moves satellites once rockets put them in the wrong orbit

Impulse Space, the orbital transfer vehicle startup founded by Tom Mueller, has raised $500 million in a Series D round that values the company at $4.26 billion. The round was co-led by 137 Ventures and Banner VC, with participation from existing inves…

Vinted Ventures backs Tilt’s $26M live-commerce round as Whatnot pressure mounts
Vinted Ventures backs Tilt’s $26M live-commerce round as Whatnot pressure mounts

Tilt’s $26M raise, the first Vinted Ventures cheque into a live-commerce platform, looks like a defensive move against the Whatnot expansion threatening Vinted’s European resale base. Tilt, the London-based live-auction app founded by two early Revolut…

Former Meta CTO raises $250 million for climate tech as the rest of venture capital chases AI
Former Meta CTO raises $250 million for climate tech as the rest of venture capital chases AI

Gigascale Capital, the venture firm led by former Meta chief technology officer Mike Schroepfer, has raised a $250 million fund to invest in energy, grid infrastructure, and critical minerals startups. The fund, announced on Monday, is Gigascale’s seco…

The space stock rally is cracking as investors prepare to swap proxies for SpaceX itself
The space stock rally is cracking as investors prepare to swap proxies for SpaceX itself

A rally that carried space-related stocks to extraordinary gains this year is showing serious cracks. The Procure Space ETF, which trades under the ticker UFO, has dropped almost 11% in just two sessions. Intuitive Machines and Rocket Lab have each fal…

Anthropic’s IPO filing means Salesforce’s early AI bet is about to become its most profitable investment
Anthropic’s IPO filing means Salesforce’s early AI bet is about to become its most profitable investment

Salesforce has a stake in Anthropic worth approximately $5 billion after investing repeatedly in the Claude developer since early 2023, Bloomberg reported on Monday. The software company first participated in Anthropic’s fundraising with roughly $50 mi…

Quantinuum boosts its IPO to $1.46 billion as orders hit double-digit multiples of available shares
Quantinuum boosts its IPO to $1.46 billion as orders hit double-digit multiples of available shares

Quantinuum, the Honeywell-backed quantum computing company, has increased the size of its initial public offering to as much as $1.46 billion after demand from investors far exceeded the original allocation. The company is now offering 26.5 million sha…

Anthropic files confidentially for an IPO, potentially beating OpenAI to Wall Street after eclipsing it in valuation
Anthropic files confidentially for an IPO, potentially beating OpenAI to Wall Street after eclipsing it in valuation

Anthropic has confidentially submitted draft registration paperwork for an initial public offering with the Securities and Exchange Commission, the company announced in a blog post on Monday. The number of shares to be offered and the price have not be…

AI is crushing startup valuations for companies that raised before ChatGPT existed
AI is crushing startup valuations for companies that raised before ChatGPT existed

The AI boom has created a two-speed startup economy. Companies building on generative AI are raising at historically unprecedented valuations, while startups that last raised capital before ChatGPT launched in November 2022 are watching their worth col…

PLD Space raises its Kourou launch-complex investment to €35m
PLD Space raises its Kourou launch-complex investment to €35m

The Spanish launch firm says it is the first private operator to commit capital at this scale to the historic Guiana spaceport, with a first MIURA 5 flight still slated for 2026. PLD Space is putting €35m into the launch complex it is building at the G…

ASML spinout Invisix raises €20M to see inside the chips optics can’t
ASML spinout Invisix raises €20M to see inside the chips optics can’t

Modern chips have a measurement problem that sounds almost philosophical: they have become too complex to look at. As logic and memory devices stack into three dimensions and shrink to a few nanometres, the optical tools that check each layer can no lo…