World
London’s Fresha hits unicorn status with KKR-led $80M raise
The London-based beauty and wellness booking platform has joined the UK unicorn club at a $1bn-plus valuation, in a deal that lands while the broader SaaS complex is busy...
Grok’s federal stall is undercutting SpaceX’s IPO growth story
Downloads have fallen from 20m in January to 8.3m in April, paid conversion is a fifth of ChatGPT’s, the $0.42-per-agency GSA deal is now stalled, and SpaceX has rented...
How one startup turned backers into believers: MAGFAST broke the crowdfunding mold
TL;DRMAGFAST survived the pitfalls that kill most hardware crowdfunding projects by choosing radical transparency over spin. Founder Seymour Segnit rebuilt manufacturing from scratch and kept communicating through every setback,...
Feldwerke pulls a €12M revolving credit facility behind a 100 MW agri-PV roll-out
The Munich-based developer behind Germany’s largest agri-PV facility plans to build 100 MW across the next 18 months. The new debt line is the working-capital plumbing that turns a...
Two crypto billionaires sit behind both the Trump family token and Iran’s sanctions-evasion engine
Reuters traced $2.3bn in Iranian exchange Nobitex’s flows since 2023 to Tron and BNB Chain, the blockchains established by World Liberty Financial’s two most prominent early backers. No party...
Faraday Future raised $25 million for its robotics pivot. The fine print tells a different story.
TL;DRFaraday Future raised $25M in convertible notes for its robotics pivot. Half is locked in investor-controlled accounts. Faraday Future announced on Thursday that it has raised $25 million through...
Anthropic commits $200M with Gates Foundation to deploy AI in global health, education, and agriculture
TL;DRAnthropic and the Gates Foundation have committed $200 million over four years to fund AI programmes in global health, life sciences, education, and economic mobility. The partnership will use...
Figma Q1 revenue grows 46% as AI credit monetization shows early traction
TL;DRFigma reported Q1 2026 revenue of $333.4 million, up 46% year on year, beating analyst expectations of $316 million. The design software company raised full-year guidance by $55 million...
AI tools are everywhere, so why do most people still use them like it’s 2015?
AI tools are everywhere, so why do most people still use them like it’s 2015? Artificial intelligence now sits inside almost every tool you open, from search engines and...
OpenAI acquires Tomoro as founding piece of $14 billion Deployment Company
TL;DROpenAI is acquiring Tomoro, the Edinburgh-based AI consulting firm it was born alongside, as the founding acquisition of its $14 billion Deployment Company — copying Palantir’s forward-deployed engineer model...
