BP is winding down its corporate venture capital arm after nearly two decades, selling the majority of its portfolio — more than ten companies — to Nordic private equity firm Verdane in a deal the companies expect to…
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Dimension Capital, a New York venture firm founded in late 2022 to invest at the crossroads of biotech and software, has closed an $800 million third fund — a 60% jump from the $500 million second fund it raised just 18…
Neil Rimer, co-founder of Index Ventures, argues that current AI-driven wealth accumulation will lead to inevitable redistribution, either through voluntary philanthropy or state-mandated tax intervention
Ryan Beiermeister, who spent roughly two years as OpenAI's vice president of product policy before being fired in February, has joined venture capital firm Founders Fund as a partner, the firm announced. ## Why she left…

Elon Musk's tunnel-construction venture, The Boring Company, is reportedly in talks to raise $4 billion in new funding at a $20 billion valuation, according to The Wall Street Journal, a dramatic jump from the $5.7…

Computer use startup Prentis is reportedly in discussions to secure $100 million in fresh capital at a $1 billion valuation as it bets on automating routine office workflows through AI agents
Atoms, the robotics and industrial-automation holding company built around Uber co-founder Travis Kalanick's Cloud Kitchens project, has raised $1.7 billion in a round led by Andreessen Horowitz, with Bain Capital…
Chancellor John Healey weighs options for capital gains tax, raising questions about its effectiveness for revenue and its potential economic impact
World, the biometric identity verification startup co-founded by OpenAI's Sam Altman, has raised $52.5 million through a sale of its WLD cryptocurrency token to a group of strategic investors led by Pantera Capital. ##…
European football's governing body has criticised Fifa proposals to invite outside investors into a new subsidiary consolidating its commercial and event operations, including the World Cup.
Edtech startup Imagi has closed a $4.5 million seed round, backing its push to help students learn how to build with AI-assisted coding tools.

Antares Nuclear has raised $470 million in a Series C round to build small modular reactors specifically designed for US military bases, pushing the young nuclear startup's total funding to $604 million as it races…

Islamabad's long-running argument over local power has moved back to the centre of federal politics after a high-level committee proposed a formal elected government for the capital territory. The draft framework would…

Islamabad Capital Police has begun a phased recruitment drive intended to expand its force by more than two-thirds, following government approval of a plan that will bring the department's staffing closer to its…

Fish Audio, a Palo Alto startup building AI voice generation models, has raised a $52 million seed round to expand its offerings for both individual content creators and enterprise customers, backed by a mix of…
Maritime nuclear energy startup Bluecore Energy has raised $10 million in a pre-seed funding round to develop small modular reactors on floating barges for ports and local infrastructure.

Founded by Ritankar Das, Reid Hoffman, and Mark Pincus, AI research lab Prentis is currently in negotiations to raise $100 million, targeting a $1 billion valuation for its specialized computer-use agent technology
Alphabet and Tesla shares tumbled after financial results revealed heavy capital expenditures on AI infrastructure, pushing both firms into negative free cash flow for the first time in recent years

Trees provide a living for the women, who plant and care for them, and shield the island capital from erosion, flooding
TechCrunch reports the insurance startup has landed another round, just weeks after a $106 million B1 raise valued it at $2.6
US Treasury Secretary Scott Bessent met Finance Minister Muhammad Aurangzeb and welcomed Pakistan's progress on economic reforms and its path back to international capital markets.

Venezuela has signed energy agreements with Chevron and Eni as Caracas seeks new investment, higher oil output and power-sector recovery.
The artwork in the capital Oslo was unveiled on Sunday ahead of the 15th anniversary of the
The Pakistan Stock Exchange saw a notable decline as investors capitalized on gains from the recent rally, amid rising oil prices and political uncertainty