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Nvidia board opens inquiry into Jensen Huang after he admits affair with suspected Chinese agent

By Zack Hill

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

By Zack Hill

Biotech

Gates Foundation renews £2m grant for Scottish humanised-mouse firm PhaSER Biomedical

The two-year award keeps the Edinburgh company’s 8HUM model available to Gates-funded researchers working on tuberculosis, malaria and other diseases of poverty. PhaSER Biomedical, an Edinburgh drug development…

By Zack Hill · 3 min read

Business

Revolut valued at $115bn after employee share sale closes

The secondary sale, priced at about $2,017 a share, was led by five US and British investors and raised no new money for the London-based company, according to…

By Zack Hill

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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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Funding

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

The Stockholm firm behind Spotify, Klarna and Lovable will keep half the money in reserve for existing companies and has tripled its investment team in San Francisco. Creandum,…

By Zack Hill

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

The Circuit

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Nvidia board opens inquiry into Jensen Huang after he admits affair with suspected Chinese agent

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

Gates Foundation renews £2m grant for Scottish humanised-mouse firm PhaSER Biomedical

Revolut valued at $115bn after employee share sale closes

Most read

Nvidia board opens inquiry into Jensen Huang after he admits affair with suspected Chinese agent

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

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

Revolut valued at $115bn after employee share sale closes