SpaceX’s $75 billion IPO is well oversubscribed as order books close ahead of Wednesday pricing
SpaceX’s $75 billion IPO is well oversubscribed as order books close ahead of Wednesday pricing

SpaceX’s initial public offering is well oversubscribed, according to Bloomberg, with order books set to close on Monday ahead of a pricing expected on Wednesday and first trading on Nasdaq on Thursday. The $75 billion raise at $135 a share would be th…

Healthcare’s $97bn staffing problem just won an AI training startup a $55M round
Healthcare’s $97bn staffing problem just won an AI training startup a $55M round

America’s hospitals are spending around $97bn a year renting staff they cannot train fast enough. Stepful thinks AI can fix the supply side, and investors have just handed it $55mn to try. The New York startup has raised a Series C led by healthcare-an…

The UK just collected billions in AI pledges on day one of London Tech Week
The UK just collected billions in AI pledges on day one of London Tech Week

London Tech Week opened the way these events increasingly do: with a leaderboard of investment pledges. By the end of the first morning, the UK had collected several billion pounds in AI commitments, most of it aimed at the unglamorous machinery of com…

A former NASA chief is taking Quantum Space public at $1.2bn to build spacecraft for the next space race
A former NASA chief is taking Quantum Space public at $1.2bn to build spacecraft for the next space race

The last time Jim Bridenstine shaped America’s space ambitions, he ran NASA. Now he is betting he can build the hardware for the next phase of the space race, and he wants public investors to fund it. Quantum Space, the Maryland startup Bridenstine now…

Bending Spoons, the Milan firm behind Evernote and Vimeo, files for a US IPO
Bending Spoons, the Milan firm behind Evernote and Vimeo, files for a US IPO

Bending Spoons does not build many apps. It buys them, fixes the finances, and runs them. Now it wants Wall Street to buy a piece of the machine. The Milan-based group behind Evernote, WeTransfer, and Vimeo has filed for a US initial public offering, s…

Berlin’s GALVANY raises €10M to fix Germany’s broken heat-pump market, and it’s already profitable
Berlin’s GALVANY raises €10M to fix Germany’s broken heat-pump market, and it’s already profitable

Germany has no shortage of heat pumps on paper. What it lacks is a way to get them sold, installed, subsidised, and paid off without the whole thing falling apart somewhere in the middle. GALVANY, a Berlin startup that runs the entire heat-pump journey…

Ghent’s Companion.energy raises €7.8M to automate enterprise energy in real time
Ghent’s Companion.energy raises €7.8M to automate enterprise energy in real time

The seed round, led by Realyze Ventures and Pi Labs, will fund expansion into Germany and Spain as volatile power markets push large industrial firms past their spreadsheets. Electricity used to move with the seasons. Now it moves by the minute, and th…

A UK startup just raised $18.5 million to fly satellites where nobody else can
A UK startup just raised $18.5 million to fly satellites where nobody else can

Between commercial aircraft at 10km and conventional satellites at 500km lies a band of near-Earth space that has never been used commercially. Very low Earth orbit, or VLEO, sits at 200 to 300km, an altitude historically reserved for spy satellites an…

Moonshot AI wants a $30bn valuation six months after being worth $4bn. That tells you everything about China’s AI funding race.
Moonshot AI wants a $30bn valuation six months after being worth $4bn. That tells you everything about China’s AI funding race.

Moonshot AI, the Beijing-based developer of the Kimi chatbot, is seeking as much as $2 billion in a new funding round that would value the company at $30 billion, Bloomberg reported on Sunday. If the round closes at that target, it would mark a seven-f…

Swiss startup GR3N raises €15.5M to build the world’s first microwave-powered PET recycling plant
Swiss startup GR3N raises €15.5M to build the world’s first microwave-powered PET recycling plant

Swiss cleantech startup GR3N has raised €15.5 million in a Series B round to build the world’s first commercial-scale microwave-assisted PET recycling plant. The round was led by 360 Capital, with new investor VP Textile also participating. The proceed…