Stegra, formerly H2 Green Steel, has agreed in principle on new financing led by a Wallenberg Investments consortium including Temasek and IMAS. Construction at its Boden plant had slowed during months of fundraising. The Wallenbergs will become the …
Hiro is shutting down on 20 April and deleting all user data by 13 May. Founder Ethan Bloch previously sold Digit to Oportun for more than $200M. Terms of the deal were not disclosed. OpenAI, the San Francisco AI lab behind ChatGPT, has acquired Hiro F…
The Finnish deep tech company, which operates the world’s largest autonomous airship fleet, has closed a Series A led by the NATO Innovation Fund, the Fund’s first investment in a Finnish company. Its airships can cover 30,000 square kilometres from a …
In short: Nesto Software GmbH, a Karlsruhe-based workforce management platform for restaurant groups, has raised €11 million in growth equity from Expedition Growth Capital, a London and Boston-based fund that targets bootstrapped European software bus…
When Eka Ventures held the final close of its first fund at £68 million in 2021, the London-based firm staked a claim that few UK VCs were willing to make at the time: that impact investing and venture-scale returns were not a trade-off but a thesis. F…
In short: SiFive, the RISC-V chip IP firm founded by the Berkeley engineers who created the open-source instruction set architecture, raised $400 million in an oversubscribed Series G on April 9, 2026, at a valuation of $3.65 billion. The round was led…
In short: Meta has committed an additional $21 billion to CoreWeave for dedicated AI cloud capacity running from 2027 through December 2032, bringing the total value of the two companies’ infrastructure relationship to approximately $35 billion. The ne…
Both companies were built by brothers Chris and Mike Sharkey, who previously co-founded Australian holiday rental site Stayz. Financial terms were not disclosed. Canva will preview what it calls the biggest transformation in its history at Canva Create…
The new facility in Lahti is part of TikTok’s €12 billion Project Clover data sovereignty push for European users. Finland’s defence ministry approved the first data centre investment in 2024 without informing elected politicians. A former minister pub…
Fund VI ($720M) targets early-stage companies in robotics, manufacturing, and energy. Early Growth Fund III ($591M) supports companies scaling toward Series A. Total AUM is now approximately $10 billion. Eclipse, the Palo Alto-based venture firm that b…