Business

Revolut valued at $115bn after employee share sale closes

By Zack Hill

Funding

Creandum closes $750m eighth fund, its largest, and steps up its push into the US

By Zack Hill

UK sovereign fund co-leads backing for Cambridge start-up rebuilding quantum chemistry for drug discovery

Potential Sciences, a year-old company led by Hatem Helal, says its software runs chemistry’s most trusted calculation at a hundredth of the usual cost and will use national…

By Zack Hill · 4 min read

Business

Yvonne Bajela closes £13m debut fund at Evertrue Capital, with the state development bank as cornerstone

The former LocalGlobe partner, an early backer of Wise, Marshmallow and Moove, has already written seven pre-seed cheques and says half of those companies now operate in the…

By Zack Hill

Our columnists

Opinion Liz Kendall urges Ofcom to act faster on online safety as delays raise concerns By Zack Hill

Opinion Can a tiny startup fix what’s wrong with AI? Literal Labs thinks so By LionHerald

Opinion Cracks in the firewall: Are U.S. export controls failing to stop china’s AI advancements? By LionHerald

Opinion I listened to Steven Bartlett’s DOAC roundtable: Does the UK really need a new attitude toward entrepreneurs? By LionHerald

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The editors’ selection

Space

Hypersonica raises €100m from US investors to turn a Mach 6 prototype into a European strike missile

The Anglo-German start-up, reportedly valued at about €700m, has yet to fly a manoeuvring vehicle or sign a government customer, and is aiming to field a deep-strike weapon…

By Zack Hill

Crypto

HTX settles FCA lawsuit and withdraws from the UK market

The exchange controlled by Justin Sun has given the High Court binding undertakings on its marketing, closing the regulator’s first case against a crypto firm over promotions aimed…

By Zack Hill

London gains another AI lab as AlphaGo veteran launches Metis Reasoning

Metis Reasoning, a 12-person start-up reported to be seeking tens of millions of dollars, says machines should accept a conclusion only when evidence supports it, and wants to…

By Zack Hill

The Circuit

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Revolut valued at $115bn after employee share sale closes

Creandum closes $750m eighth fund, its largest, and steps up its push into the US

UK sovereign fund co-leads backing for Cambridge start-up rebuilding quantum chemistry for drug discovery

Yvonne Bajela closes £13m debut fund at Evertrue Capital, with the state development bank as cornerstone

Most read

Hypersonica raises €100m from US investors to turn a Mach 6 prototype into a European strike missile

Yvonne Bajela closes £13m debut fund at Evertrue Capital, with the state development bank as cornerstone

Creandum closes $750m eighth fund, its largest, and steps up its push into the US

Revolut valued at $115bn after employee share sale closes

Minister defends £2.5bn bet on Rolls-Royce’s return to single-aisle jets