Stoke Space raises $1bn for a rocket that has never flown
Stoke Space raises $1bn for a rocket that has never flown

Stoke Space has raised a billion dollars for a rocket that has never flown. The Washington company says the Series E takes its total funding to $2.3bn. It has not yet reached orbit once. Point72 Ventures and Spark Capital co-led the round, according to…

Mistral raises €3bn at a €21bn valuation in Europe’s largest tech equity round
Mistral raises €3bn at a €21bn valuation in Europe’s largest tech equity round

Mistral has raised €3bn in a Series D at a post-money valuation of more than €21bn, which the company says is the largest equity fundraising ever completed by a European technology firm. Samsung Electronics led the round, three years after the Paris co…

Musk ally’s Valor to lead $500m Uforce round at $5bn, Bloomberg reports
Musk ally’s Valor to lead $500m Uforce round at $5bn, Bloomberg reports

Uforce, the London-based drone company built from Ukrainian battlefield manufacturers, is in talks to raise about $500m at a valuation of around $5bn, Bloomberg reported on Monday. Valor Equity Partners, the firm run by SpaceX board member Antonio Grac…

Cato raises €6m to sell AI into Italy’s €309.7bn tender market
Cato raises €6m to sell AI into Italy’s €309.7bn tender market

The investment case for Cato is unusual. Most software sells on the promise of making a hard thing easy. Cato’s backers are betting that a hard thing stays hard. The Milan startup has raised €6m in seed funding to sell AI to companies bidding for Itali…

Fluencify raises $4.3M pre-seed after passing $2M ARR six months from launch
Fluencify raises $4.3M pre-seed after passing $2M ARR six months from launch

Fluencify, a Stockholm company that runs creator marketing campaigns with software agents rather than account managers, has raised an oversubscribed $4.3M pre-seed round led by byFounders. It comes six months after the platform launched, a period in wh…

Google-backed Pixxel raises $100M in India’s largest space tech round
Google-backed Pixxel raises $100M in India’s largest space tech round

Pixxel, the Indian company that has spent six years arguing that Earth observation is worth doing in colours the human eye cannot see, has raised $100M in a Series C round led by Singapore’s state investor Temasek and the London-listed Seraphim Space I…

Claret Capital closes €575M Fund IV for European growth debt
Claret Capital closes €575M Fund IV for European growth debt

Claret Capital Partners has closed its fourth European growth debt fund at €575M, well past the €500M it set out to raise. The London firm announced the final close today, splitting the total into €440m of Fund IV commitments and €135m of affiliated di…

Anthropic will reportedly list days before the US midterm elections
Anthropic will reportedly list days before the US midterm elections

Anthropic’s stock market debut has moved, and the new date puts it days away from a national election. Reuters reported on Friday that the company expects to start marketing its offering in mid-October at the earliest. The listing would then complete s…

Nscale is selling Figure $3.5bn of compute and buying a stake in it
Nscale is selling Figure $3.5bn of compute and buying a stake in it

Nscale has agreed to sell Figure at least $3.5bn of computing power. It has also bought a stake in Figure, which is the part worth looking at. The London company announced the partnership on 3 September in a statement also carried on PR Newswire. The d…

Nvidia now holds $99bn in shares of the companies that buy its chips
Nvidia now holds $99bn in shares of the companies that buy its chips

Nvidia sells the chips that the AI industry runs on. It now also owns $99bn of the industry. The figure sits in the company’s own quarterly filing. CNBC’s Kai Nicol-Schwarz pulled it out. Nvidia equity investments stood at $99bn as of 26 July. A year e…