Brazil, Italy announce new push and funding on cooling action ahead of COP30

Brazil, Italy announce new push and funding on cooling action ahead of COP30

Press Release – Bonn, 13 June 2025 â€“ Brazil and the UN Environment Programme (UNEP) today launched a new initiative to address extreme heat through sustainable cooling – Beat the Heat in Cities/Mutirão contra o Calor Extremo – while Italy pledged EUR 2 million in new funding for the Global Cooling Pledge, supporting action on a major contributor to climate change ahead of the COP30 climate summit later this year. … Continue reading Brazil, Italy announce new push and funding on cooling action ahead of COP30

£86 billion to fund everything from new drug treatments and longer lasting batteries to new AI breakthroughs to generate billions for the UK economy and drive our Plan for Change

Transformative £86 billion boost to science and tech to turbocharge economy, with regions backed to take cutting-edge research into own hands

Funding package worth more than £22.5 billion a year in 2029 will boost Britain’s world-leading status in research and innovation. Press Release – 8 June 2025 – From:Department for Science, Innovation and Technology, HM Treasury, The Rt Hon Rachel Reeves MP and The Rt Hon Peter Kyle MP Chancellor Rachel Reeves will announce a transformative £86 billion in the Spending Review to turbo-charge our fastest growing sectors, from tech … Continue reading Transformative £86 billion boost to science and tech to turbocharge economy, with regions backed to take cutting-edge research into own hands

GlobalFoundries Announces $16B U.S. Investment to Reshore Essential Chip Manufacturing and Accelerate AI Growth

GlobalFoundries Announces $16B U.S. Investment to Reshore Essential Chip Manufacturing and Accelerate AI Growth

Backed by leading tech giants, the investment reinforces domestic semiconductor production and U.S.-based innovation in AI-enabling and power efficient technologies MALTA, N.Y., June 4, 2025 â€“ GlobalFoundries (Nasdaq: GFS) (GF), working with the Trump Administration and with support from leading technology companies aiming to onshore critical components of their supply chain, today announced plans to invest $16 billion to expand its semiconductor manufacturing and advanced packaging … Continue reading GlobalFoundries Announces $16B U.S. Investment to Reshore Essential Chip Manufacturing and Accelerate AI Growth

Bolttech closes Series Cfundraise at $147M with a $2.1B valuation

Bolttech closes Series Cfundraise at $147M with a $2.1B valuation

Bolttech closes Series Cfundraise, welcomes strategicinvestors Sumitomo Corporationand Iberis Capital With investments totalling US$147 million, bolttech closes Series C with the addition of new investors Singapore, 4 June 2025 â€“ bolttech, the fast-growing global insurtech, today announced the addition of Sumitomo Corporation, one of Japan’s largest trading houses, and Iberis Capital, a leading private equity and venture capital manager in Portugal, as strategic investors. Their participation marks the … Continue reading Bolttech closes Series Cfundraise at $147M with a $2.1B valuation

Ardian and ROYC Announce Partnership

Ardian and ROYC Announce Partnership

STOCKHOLM – June 10, 2025 – ROYC, the leading global Platform-as-a-Service provider for alternative investments, and Ardian, one of Europe’s largest private investment firms managing and advising $180 billion in AuM, are today happy to announce a partnership. ROYC will act as a key partner for Ardian in the rapidly growing private wealth segment in Europe. “We are proud to partner with Ardian, sharing the belief … Continue reading Ardian and ROYC Announce Partnership

Thread AI Secures $20M Series A to Transform Enterprise AI Workflows

Thread AI Secures $20M Series A to Transform Enterprise AI Workflows

Composable AI platform expands with new funding, enabling customers to deploy AI at scale NEW YORK – Thread AI, a leader in composable AI infrastructure, today announced it has raised $20 million in Series A funding led by Greycroft, with participation from Index Ventures, Scale Venture Partners, Plug-and-Play, Meritech Capital, and Homebrew. Founded by former Palantir executives Angela McNeal and Mayada Gonimah, Thread AI helps … Continue reading Thread AI Secures $20M Series A to Transform Enterprise AI Workflows

Grammarly Announces $1 Billion Growth Financing With General Catalyst

Grammarly Announces $1 Billion Growth Financing With General Catalyst

Press Release – SAN FRANCISCO – May 29, 2025 – Grammarly, the trusted AI assistant for communication and productivity, today announced the closing of $1 billion in financing from General Catalyst. This underscores General Catalyst’s longtime commitment to Grammarly, which has evolved into an AI productivity platform for apps and agents following the acquisition of Coda in January 2025. Grammarly will use the go-to-market investment from General … Continue reading Grammarly Announces $1 Billion Growth Financing With General Catalyst

RenewableUK welcomes major funding boost for the Clean Industry Bonus

RenewableUK welcomes major funding boost for the Clean Industry Bonus

Press Release – 9 May 2025 – Commenting on the news that the Government has more than doubled the funding for the Clean Industry Bonus, increasing the budget to £544 million following higher than expected demand from the industry, RenewableUK’s Executive Director for Policy and Engagement Ana Musat said: “This additional funding has the potential to help secure billions in private investment in new factories manufacturing components … Continue reading RenewableUK welcomes major funding boost for the Clean Industry Bonus

StackOne raises $20m Series A Led by GV (Google Ventures) to reinvent SaaS and AI agent integrations

StackOne raises $20m Series A Led by GV (Google Ventures) to reinvent SaaS and AI agent integrations

London, 2025: StackOne â€“ the next-gen, AI-powered platform fuelling the future of enterprise AI agents and SaaS integrations – has raised $20 million in a Series A round led by GV (Google Ventures). Workday Ventures, XTX Ventures, existing investors Episode 1 and Playfair, and angels from OpenAI, Deepmind, Microsoft and Mulesoft also participated.  The funding, which takes the total raised by StackOne to $24 million, will be … Continue reading StackOne raises $20m Series A Led by GV (Google Ventures) to reinvent SaaS and AI agent integrations