Global venture capital firm Headline has closed its eighth European early-stage fund at $400 million, targeting Seed and Series A startups as investor appetite for artificial intelligence increases across the continent
London-based spacetech startup Foundational has raised £8.2 million in pre-seed funding as it emerges from stealth, targeting the growing need for more precise satellite positioning in orbit.
Britain has produced hundreds of technology companies valued at more than $1 billion, but very few have been founded by Black entrepreneurs. That scarcity is what makes the stories of Zepz and Marshmallow significant, well beyond the valuations attached to them.
Citi has become the first bank to launch multi-market instant payments through the SWIFT payments scheme, giving financial institutions access to real-time cross-border transfers through a single account structure.
Two Google veterans, Bonita Stewart, a former Google VP, and Jackson Georges Jr., a former CapitalG Partner, have announced a $11.3 million fund (Fund 1), backed by 150 limited partners, to support early-stage AI startups through BAG Ventures.
London-based AI startup Zenithon AI has raised $10 million to develop AI-powered world models that build complex engineering simulations for fusion energy, rocketry, and semiconductor manufacturing.
London-based payments fintech Checkout.com has reached $750 million in annualized net revenue, as the company reports financial performance and expanding payment volumes.
erad, a Saudi-based fintech providing alternative financing for SMEs, announced it raised $22 million in its Series A round. This comes on the back of deploying over $133 million and receiving more than $1bn in financing requests.
Paris-based venture capital firm Sofinnova Partners has raised €82 million for a new fund to create and back medtech companies across Europe and the US, as investors pour more capital into healthcare technologies.
Revolut is bringing facial recognition payments to the UK high street, letting customers pay in-store with their face instead of a card, phone, or cash.
Connect Ventures has announced the first close of its $80 million Fund V, targeting early-stage technology companies built by technical founders across Europe.
