Covalo raises €3.5M to become the shared data infrastructure for an industry where 80% of products will need reformulating by 2030
Covalo raises €3.5M to become the shared data infrastructure for an industry where 80% of products will need reformulating by 2030

The Zurich platform, which connects 1,500+ ingredient suppliers and 6,000 brands including Givaudan, Symrise, PUIG, and La Prairie, is evolving from a discovery marketplace into a data backbone that plugs directly into suppliers’ PIM systems and brands…

A 27-year-old just raised $450 million to bet that AI’s future runs on nuclear power
A 27-year-old just raised $450 million to bet that AI’s future runs on nuclear power

Isaiah Taylor was sixteen when he decided the nuclear industry had a size problem. Not that reactors were too dangerous or too expensive, though they are both, but that they were simply too big. The multi-gigawatt monuments to Cold War-era engineering …

OpenAI closes record $122 billion round at $852 billion valuation, opens door to retail investors for the first time
OpenAI closes record $122 billion round at $852 billion valuation, opens door to retail investors for the first time

There is a number that keeps getting larger, and on Tuesday it got larger again. OpenAI announced that it had closed its latest funding round with $122 billion in committed capital, valuing the ChatGPT maker at $852 billion post-money. The figure is up…

ALSO hits $1B valuation and signs DoorDash as its first major autonomous delivery partner
ALSO hits $1B valuation and signs DoorDash as its first major autonomous delivery partner

The Palo Alto small-EV company raised $200M in a Series C led by Greenoaks, with DoorDash investing alongside a multi-year commercial agreement to deploy purpose-built autonomous vehicles for last-mile delivery. DoorDash co-founder Stanley Tang joins t…

French open-source orchestration platform Kestra raises $25M
French open-source orchestration platform Kestra raises $25M

The French open-source orchestration platform has grown enterprise revenue 25x in 18 months and executed over 2 billion workflows in 2025. RTP Global leads the round; total funding reaches $36M. Kestra, the open-source orchestration platform for data, …

Qover raises $12M from CIBC, and sets its sights on 100 million people protected by 2030
Qover raises $12M from CIBC, and sets its sights on 100 million people protected by 2030

The Belgian embedded insurance orchestration platform, which backs Revolut, Mastercard, BMW, and Monzo, has tripled revenue over four years and now covers 15 million people across 32+ countries. Total funding crosses $100 million. Qover, the Belgian em…

Microsoft commits $1 billion to Thailand for cloud and AI infrastructure
Microsoft commits $1 billion to Thailand for cloud and AI infrastructure

Brad Smith met Prime Minister Anutin Charnvirakul in Bangkok to announce the 2026-2028 investment spanning data centre infrastructure, cybersecurity, sovereign technology, and AI skills training for millions of Thai workers. Microsoft has announced a c…

Empirical Ventures secures £10M from the British Business Bank to back UK ‘venture scientists
Empirical Ventures secures £10M from the British Business Bank to back UK ‘venture scientists

Empirical Ventures, which backs what it calls “venture scientists”, PhDs building deeptech companies across energy, materials, and life sciences, has received a fresh £10M commitment via the BBB’s Regional Angels Programme, taking total support to £15M…

Rebellions closes $400M pre-IPO round at a $2.34B valuation
Rebellions closes $400M pre-IPO round at a $2.34B valuation

The South Korean fabless AI chip company, backed by Samsung, SK Hynix, and Aramco, raises $650M in six months and targets Meta and xAI as US customers. Korea’s National Growth Fund chose Rebellions as its very first investment. Rebellions, the South Ko…

ScaleOps raises $130M to autonomously manage cloud and AI infrastructure
ScaleOps raises $130M to autonomously manage cloud and AI infrastructure

The New York and Israel-based startup, founded by a former Run:ai engineer and professional triathlete, has grown 350%+ year-on-year and counts Adobe, Wiz, DocuSign, and Salesforce among its customers. Insight Partners led the Series C. ScaleOps has ra…