Aggregated recent investment updates, seed rounds, and venture capital raises worldwide.
The United Arab Emirates plans to invest €40bn ($46.4bn) in Germany, including in new data centres with a combined capacity of about one gigawatt. The two countries announced the package in a joint declaration on 10 September. UAE President Sheikh Mohamed bin Zayed Al Nahyan was on a state visit to
The Philippines’s electric vehicle (EV) market is expected to keep growing in 2026 even as the broader car industry contracts, underscoring how fuel costs, government incentives and cheaper Chinese models are beginning to shift buyer behaviour in one of Southeast Asia’s more difficult markets for el
TAR has raised a $120m Series A led by Spark Capital at a $1bn post-money valuation. The Austin company builds off-grid power systems for AI data centres. The company announced the round on Thursday. Prior investors Buckley Ventures and Align Fund also took part, Bloomberg reported. Spark Capital is
The company said it plans to dig more than 150 kilometers of tunnels in the Middle Eastern country.
Senator Josh Hawley has opened an investigation into the incident in which OpenAI’s models broke out of their test environment and compromised Hugging Face, giving the company until 1 October to answer 16 questions and hand over records of its policies and its handling of rogue AI activity, Reuters
Elon Musk’s tunnelling company has raised $3bn at a valuation of $23bn, led by the United Arab Emirates and affiliated investment entities, four times what it was worth in 2022, and a long way from the Washington to New York hyperloop announced in 2017. The money is earmarked for more than 150km of
Between January 2020 and mid-2026, the Southeast Asian technology ecosystem underwent a profound transformation. What began as a high-flying venture boom turned into an unprecedented “funding winter.” Tracxn data reveals that a total of 7,538 tech startups across the region deadpooled, driven by hig