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Venture Capital
Venture Capital (VC) News UK physics AI startup PhysicsX raised a $300M round at a $2.4B valuation led by Singapore SWF Temasek Bloomberg PointFive, a cloud and AI cost management platform, raised a $60M Series B led by Accel YNet News Stepful, a training platform for the healthcare workforce, raised a $55M Series C led by Oak HC/FT Yahoo.Finance EDGE Markets, a financial services company for gaming, crypto, and prediction markets, raised a $29M Series A led by C
Dipo Owolabi
5 days ago1 min read


M&A
Mergers & Acquisitions News (M&A) Italian lender Intesa Sanpaolo made an unsolicited $35B cash-and-stock bid for peer BMPS just hours after rival Banco BPM proposed a $58B merger Reuters Hg-backed PE fund administrator Gen II is exploring a $6B sale Crypto Briefing PAI Partners, the long-time PE partner of foods giant Nestle, dropped out of bidding for a 50% stake in its $5.8B water business Reuters French telecoms giant Orange acquired full ownership of Ma
Dipo Owolabi
5 days ago1 min read


ChatGPT maker OpenAI Files To Go Public; TikTok Erases Millions Of Nigerian Videos; Failed Crypto Scammer And Convicted Felon Seeks Pardon From Trump; And Nigeria Fails First Evacuation Flight For Its
No one wants to be the last AI company to go public as OpenAI files confidentially to go public. While TikTok ramps up content moderation in Nigeria after removing more than four million videos and interrupting 86,000 LIVE sessions. Elsewhere, former convicted cryptocurrency scammer and founder of failed crypto platform FTX is reportedly seeking a presidential pardon from Donald Trump, and Nigeria’s Federal Government has been forced to reschedule its first evacuation flight
Dipo Owolabi
5 days ago5 min read


SpaceX & Others Will NOT Be Fast Tracked Into The S&P 500; Young Tech Savvy Investors Fuel NGX’s Unprecedented Bull Run; And What If “My Religion Prohibits Me From Using AI At Work.”
SpaceX's path to the S&P 500 may take longer than investors hoped after S&P refused to change its rules for the aerospace giant, while Nigeria's SEC says young investors and fintech platforms are reshaping the country's capital markets. Elsewhere, a workplace religious exemption from AI use is raising new questions about employee rights in the age of automation, and Anthropic is urging a global slowdown in advanced AI development as concerns over safety and oversight intensif
Dipo Owolabi
6 days ago4 min read


M&A
Mergers & Acquisitions News (M&A) Fifteen bidders including KKR, Blackstone, and Goldman Sachs are interested in acquiring Sankei Building, the real estate unit of Japanese media conglomerate Fuji Media Holdings, for $3B-$6.3B Reuters Investment firm Castlelake tapped shipping giant MSC to support a potential takeover bid for $4.8B-listed UK budget airline easyJet Reuters LS Power is in advanced talks to buy Electricite de Frances's North American renewable powe
Dipo Owolabi
7 days ago1 min read


Venture Capital
Venture Capital (VC) News Enterprise banking fintech Ramp raised a $750M Series F at a $44B valuation led by ICONIQ, GIC, and Canada's OTPP SiliconAngle Supabase, a database startup for vibe coders, raised a $500M Series F at a $10.5B post-money valuation led by GIC CNBC Flourish, a neuroscience-focused AI startup, raised a $500M funding round at a $2.5B valuation led by Jeff Bezos and others Ventureburn Helion Energy, a nuclear fusion startup, raised $465M at a $
Dipo Owolabi
7 days ago1 min read


Broadcom Narrowly Beats Estimates, Its Stock Still Falls; Victoria Secret Is Bringing Sexy Back; HP Blows Estimates Out Of The Water
Artificial intelligence remained the dominant theme of earnings season as Broadcom reported a 48% surge in AI-related sales, Palo Alto Networks benefited from rising cybersecurity spending, and Hewlett Packard Enterprise delivered its biggest beat-and-raise in six years on booming demand for AI infrastructure. Outside tech, Victoria’s Secret stunned investors with a 50% stock surge after a major beat-and-raise signaled that its turnaround strategy may finally be gaining tract
Dipo Owolabi
Jun 53 min read


You Can Now Sell Your Excess Electricity Back To The Nigerian Grid; Uber Reverses Course, Places HardCaps On AI Token Usage; and The S&P 500 ETF From Vanguard Crosses $1 Trillion In AUM
Nigeria’s electricity market is taking a major step toward decentralized power generation after regulators introduced a framework that allows homes and businesses to sell excess solar power back to the grid. Meanwhile, Uber has been forced to cap employee spending on AI tools after exhausting its budget in just four months, highlighting the growing cost of the AI race. OpenAI is pushing deeper into personal finance by allowing ChatGPT to access users’ banking information for
Dipo Owolabi
Jun 46 min read


M&A
Mergers & Acquisitions News (M&A) Carlyle Group agreed to sell German industrial drive systems specialist Flender to Triton Partners for an estimated deal value of €3 Billion Reuters TransAlta Corporation completed the $1 Billion acquisition of two fully-contracted natural gas peaking facilities in Colorado Reuters Autodesk entered a definitive agreement to acquire automated maintenance platform MaintainX for an all-cash transaction valued at $3.6 Billion Constructio
Dipo Owolabi
Jun 41 min read


Venture Capital
Venture Capital (VC) News AlphaSense raised a $350M funding round led by Vitruvian Partners, Accenture Ventures, and J.P. Morgan Asset Management VC News Daily Suno raised a $400M Series D funding round led by Bond Capital Reuters Cyera raised a $300M additional funding round led by Evolution Equity Partners FinSMEs Coralogix raised a $200M Series F funding round led by Advent, CPPIB, and Greenfield VC News Daily Quobly raised a €115M Series A funding round led by Bpi
Dipo Owolabi
Jun 41 min read


Google’s Seeking $40 Billion More To Fund AI; The Adults (MorningStar) Cut SpaceX, $2 Trillion IPO Valuation By Over Half; SoftBank Overtakes Toyota As Most Valuable Japanese Company; and Do We All Ju
The AI arms race is demanding ever-larger sums of capital. Alphabet is reportedly seeking up to $80 billion to fund its AI expansion with support from Berkshire Hathaway, while a new valuation has sparked debate over how much SpaceX is really worth ahead of a potential IPO. In Japan, SoftBank has overtaken Toyota to become the country's most valuable listed company as investors double down on AI exposure, and Anthropic is expanding its cybersecurity-focused Mythos program to
Dipo Owolabi
Jun 34 min read


M&A
Mergers & Acquisitions News (M&A) Jardine Seeks $1 Billion Loan to Buy Aussie Imaging Firm I-MED Bloomberg QXO’s $3 Billion Junk Bond Sale for Takeover Draws Strong Demand Bloomberg Banks Prep $2.5 Billion Debt Sale For Long Lake’s Amex GBT Buy Bloomberg Prosus Gets Until Oct. 11 for Delivery Hero Sale After Uber Bid Bloomberg Paramount Seeks EU Green Light for $110 Billion Warner Deal Bloomberg SoftBank Is Among Bidders for Blackstone’s Japanese Paym
Dipo Owolabi
Jun 31 min read


Venture Capital
Venture Capital (VC) News BibliU Scores $55M Financing Round from BlackRock, existing investor Stonehage Fleming, and other parties VC Daily Mach Industries Nabs $300M Series C Round led by Infinite Capital and Ribbit Capital VC Daily Plot Lands $10M Seed Round co-led by XYZ Venture Capital and Mischief Ventures, with participation from Seven Seven Six and Acme Capital VC Daily Insurtech startup Corgi raised a $106M Series B1 at a $2.6B valuation led by Kindred Ve
Dipo Owolabi
Jun 31 min read


Anthropic Files For IPO At A Trillion Dollar Valuation; Nigeria’s First Data Center; South Korea Stock Market’s 108% Return Year To Date; And Bitcoin’s Biggest Bull Bows Before Bears
Artificial intelligence is now colliding with public markets, national economies are feeling the impact of geopolitical uncertainty, and investors are being forced to reassess where the next phase of growth comes from. Anthropic has officially filed confidentially for an IPO, potentially setting up one of the largest and most anticipated listings in tech history. In Nigeria, the launch of the country’s first hyperscale AI-ready data centre marks a major step toward digital so
Dipo Owolabi
Jun 27 min read


Venture Capital
Venture Capital (VC) News Psilera Secures $8.8 million Series Seed extension funding round led by a syndicate of institutional and strategic investors VC News Daily Waypoint Bio Raises $20M Series A financing round was led by Amplify Partners and Elliot Hershberg will join the board of directors VC News Daily Paralign Health Pulls In $3M Seed Round was led by Flyover Capital, with participation from SixThirty Ventures, Springtime Ventures, Forum Ventures, Sorenson Impact
Dipo Owolabi
Jun 22 min read


M&A
Mergers & Acquisitions News (M&A) Private equity firm New Mountain Capital has agreed to buy residential property management firm Asset Living for over $2 billion Reuters General Mills to Sell Mainland China Häagen-Dazs Ice-Cream Shops to Local Tea Brand Ningji Bloomberg Volkswagen to pick buyer of Everllence over next few weeks Reuters New Zealand Banks Agree Merger to Challenge Larger Rivals Bloomberg Lactalis said it had acquired Britain's Protein Works, as
Dipo Owolabi
Jun 21 min read


Blue Origin’s Rocket Explodes Into Flames 20 Miles High; Subscription Prices Are Coming To Instagram, WhatsApp and Others; and JP Morgan’s Salami Blunder That’s Costing Them Millions
Blue Origin is dealing with months of delays after a rocket explosion severely damaged one of its launch pads, while Meta is rolling out paid subscriptions across Facebook, Instagram, and WhatsApp as it searches for new AI-driven revenue streams. JPMorgan Chase has been ordered to pay $4.25 million over the infamous "Salami Incident," highlighting the legal risks surrounding workplace disputes, and Ashton Kutcher’s early OpenAI investment could be worth billions as the AI boo
Dipo Owolabi
Jun 15 min read


M&A
Mergers & Acquisitions News (M&A) Spanish lender Banco Santander won shareholder approval to acquire US-based bank Webster Financial in a $12B cash-and-stock deal Bloomberg Eli Lilly will acquire three clinical-stage vaccine developers Curevo, LimmaTech Biologics, and Vaccine Company for $3.8B Wall Street Journal Penta Capital Partners-backed UK accounting rollup Sumer paused a $1.3B sale Yahoo.Finance Infrastructure investor I Squared Capital bought 10 data
Dipo Owolabi
Jun 11 min read


Venture Capital
Venture Capital (VC) News Fireworks AI, a startup helping companies run AI models, is in talks to raise a round at a $15B valuation led by Index Ventures Bloomberg OpenRouter, a unified gateway and API for LLMs, raised a $113M Series B at a $1.3B post-money valuation led by CapitalG MLQ P2 Science, a green chemistry company, raised a $23M up round led by Sofinnova Partners Citybiz European preventive health platform Lucis raised a $20M Series A led by Singular Ves
Dipo Owolabi
Jun 11 min read


M&A
Mergers & Acquisitions News (M&A) Jardine Matheson to buy Australia's I-MED at $2.4 billion enterprise value in healthcare push Reuters TECO Signs Acquisition Agreement with Malaysia's Dynaciate, Targeting Exponential AIDC Revenue Growth Next Year PR Newswire Shein to buy apparel retailer Everlane Reuters Delivery Hero reveals Uber takeover bid at €10bn valuation Financial Times CVC Teams Up With GBL for $12.5 Billion Bid to Take Recordati Private Wall Street Jour
Dipo Owolabi
May 261 min read
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