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Askya Cultivates Africa's Next Tech Giants
Askya initiates a program to build generational AI businesses in Africa, providing over $200,000 in non-dilutive funding to promising startups.
Osedea Acquires Ventriloc, Bolstering AI & Data Capabilities
Osedea acquires Ventriloc, merging AI, software engineering, and data expertise to offer end-to-end digital solutions. Headcount exceeds 100.
AI and SpaceTech Emerge: Five New Ventures Launch
Five new startups, Another Earth, datin, Kipti, Neuramancer, and Comena, launch with AI-driven solutions in space tech, science, collaboration, deepfake detection, and sales automation.
Kazimi Secures €2.2M for App Data Protection
Kazimi raises €2.2M led by Market One Capital and IBB Ventures for its app data protection technology.
Nvidia Eyes Perplexity Stake at $30B Valuation
Nvidia is in talks to invest in AI search startup Perplexity, potentially valuing the company at over $30 billion.
Alibaba Fuels AI Ambitions with $10.2B Share Offering
Alibaba secures $10.2B in share placement, exclusively for AI infrastructure and model development. This marks a significant capital infusion for its AI ambitions.
AI Hub Hugging Face Explores $13B Sale
AI platform Hugging Face is reportedly in talks for a potential acquisition at a $13 billion valuation, nearly tripling its previous worth.
Metabolic Care Duo Berry Street, Healthify Unite
Berry Street and Healthify merge to capture the growing GLP-1 weight management market, combining clinical networks and AI coaching.
Sequoia Pivots to Fintech After Restructuring
Sequoia pivots to fintech after restructuring, focusing on B2B services and payment solutions to reach R$1 billion revenue.
Patria Weighs Elfa Divestitures Amid Healthcare Shift
Patria Investimentos is reviewing Grupo Elfa's assets, exploring divestitures to reduce debt and boost focus on high-margin oncology and biologics.
Perplexity Eyes $30B+ Valuation Amidst Nvidia Investment Talks
Perplexity AI in talks for $30B+ funding round led by Nvidia, with revenue surpassing $750M. Existing investors include Jeff Bezos, SoftBank.
Shein Eyes $1.8B HK IPO at $27B Valuation
Shein targets a $1.77B Hong Kong IPO at a $27B valuation, a significant drop from its 2022 peak. Regulatory hurdles and market shifts shape its public debut.
Fasset Secures $68M Series C, Hits $1B Valuation
Fasset secures $68M Series C at $1B valuation, led by SBI Group, to scale AI-powered stablecoin banking infrastructure globally.
UK Robotics Funding Surges Past £189M Amidst Major Deals
UK robotics firms have attracted nearly £189.3M in funding this year, driven by major rounds from Humanoid and Automata. Cambridge leads investment.
E Source Bolsters Grid Services with Aneden Consulting Acquisition
E Source acquires Aneden Consulting, enhancing its grid modernization and interconnection services for utilities and developers.
Queen One Secures $25M for AI Commerce Revolution
Queen One raises $25M from Mercury Fund, Full In, and others to power its AI-driven Commerce CRM, challenging legacy systems.
WATER Robotics Secures $2.5M for Physical AI Innovations
WATER Robotics secures $2.5M led by Endiya Partners to develop India's first adaptive robotic bed and 'Physical OS'.
Metabolic Health AI Platform Forms Via Merger
Berry Street and Healthify merge to create the largest insurance-covered AI metabolic health platform in the U.S.
SoftBank Trims Lenskart Stake Amidst Indian Consumer Growth
SoftBank Group reduces its Lenskart stake by 2.6% in a ₹2,888 crore deal, with major Indian funds acquiring shares.
Xpeng's Robotics Arm Secures $900M for Humanoid Ambitions
Xpeng's robotics division secures over $900M in a major funding round, valuing the unit at $6.3B. IDG Capital, Gaorong Ventures, Tencent, and Alibaba are key investors.
Xpeng's Humanoid Robot Arm Secures $900M+
Xpeng's robotics division secures over $900M at a $6.3B valuation, fueling humanoid robot development and mass production plans.
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