British Business Bank Invests 10 Million Pounds In AI Deep Tech Fund
Prime Highlights : British Business Bank puts £10m behind Odyssey Discovery I, backing UK AI and deep tech founders as they scale into global markets. The fund links UK and…
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Yope Raises $12.3 Million to Expand Private Social Platform
Prime Highlights : Yope raised $12.3 million in a funding round led by Northzone. The platform focuses on private, algorithm-free social networking. Key Facts : Yope has nearly 15 million registered users. Total funding has reached $20 million. Background :…
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Zhongji Innolight Seeks $8 Billion in Hong Kong Listing
Prime Highlights : Zhongji Innolight seeks to raise at least $8 billion in its Hong Kong listing. The deal marks Hong Kong's largest share sale in nearly seven years. Key…
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Netflix Strengthens AI Strategy with InterPositive Acquisition
Prime Highlights : Netflix acquired AI filmmaking startup InterPositive for about $587 million. The company is using AI to support filmmakers, not replace them. Key Facts : InterPositive was founded by Ben Affleck in 2022. Netflix now…
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Vertical Aerospace Partners With Near Earth For Autonomous Flight Technology
Prime Highlights- Vertical Aerospace partners with Near Earth Autonomy to bring autonomous flight capability to its Valo aircraft, expanding into uncrewed defense operations. Near Earth's technology will integrate with Honeywell Aerospace's Anthem avionics…
Airbus Turns to Scaleway for Secure AI Infrastructure
Prime Highlights : Airbus signed a multi-year deal with Scaleway to host sensitive AI and industrial applications built with Mistral. Airbus will migrate 70 critical applications by 2028, potentially expanding to 900…
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British Business Bank Leads With Biggest Backing Yet for Soho Square Fund
Prime Highlights : British Business Bank commits £50m as cornerstone investor in Soho Square fund. Fund II targets UK businesses with EBITDA up to £15m and turnover up to £200m. …
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Nous Research Nears $75M Round at $1.5B Valuation
Prime Highlights : Nous Research is raising at least $75 million at a $1.5 billion valuation, led by Robot Ventures with USV participating. Hermes has become a major open-source hit, with nearly 214,000 GitHub…
Bluesky Secures $100 Million Series B Funding
Prime Highlights : Bluesky raised $100 million in a Series B funding round led by Bain Capital Crypto. The company plans to expand its platform, technology and developer ecosystem. Key…
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Goldman Sachs Wins $70 Billion Asset Management Deals With Verizon, Lockheed Martin
Prime Highlights : Goldman Sachs won deals to manage a combined $70 billion in retirement assets for Verizon Communications and Lockheed Martin. The mandates include about $30 billion in pension…
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