Bro Cabs Lets South African Drivers Keep 100% of Fares
Bro Cabs, backed by 30,000+ registered drivers, charges subscriptions instead of commissions, letting drivers keep 100% of fares. It seeks $1 million to scale against Uber and Bolt.
Topic
Fundraising
Topic
Fundraising
Kalshi Seeks $65 Billion Valuation to Build Compute Futures Platform
Kalshi is in talks to raise funds at a $65 billion valuation to build a compute futures platform, nearly tripling its $22 billion…
Norwest Closes $4 Billion Fund, Its Largest in 65 Years
Norwest closed Norwest 18 at $4 billion, its largest fund ever, taking AUM to $18 billion. The firm targets AI, cybersecurity and…
Canonicus Capital Rings Up Rs 192 Cr First Close of Rs 500 Cr Fund
Canonicus Capital has notched a Rs 192 crore first close for its Rs 500 crore Special Situations Fund, taking cumulative fundrais…
First-Time Funds Got 4.5% of VC Dollars. RedBlue Raised $50M Anyway
With first-time funds grabbing just 4.5% of U.S. VC dollars, RedBlue Capital's Olaf Sakkers closed a $50M second fund on 28 bets…
Anthropic Seeks Record $88.5 Billion for Public Market Debut
Anthropic is seeking up to $88.5 billion through an IPO and concurrent private placement, pitching a fully diluted valuation of u…
Intera Fund V Closes at €450 Million, 20% Above Target
Intera Partners closed Fund V with €450 million, 20% above target, as institutions strongly backed a plan for larger Nordic buyou…
UK FinTech Funding Fell Two-Thirds — And That May Be a Moat
UK FinTech funding fell two-thirds to €2.1bn in H1 2026, a decade low. One founder argues the long regulated sales cycle is a moa…
Ballistic Ventures Targets $490M for Two New Cybersecurity Funds
Ballistic Ventures is targeting $490 million across two funds, including a $360 million third flagship, as AI-enabled companies a…
OpenAI CFO Sees Data-Center Buildout Continuing After Midterms
OpenAI CFO Sarah Friar says the company will keep building AI data centers after the midterms, backed by 70% quarterly growth, 1.…
Revolut’s Latest Fundraise Sets a $115 Billion Valuation
Revolut’s latest fundraising set a $115 billion valuation, led by Glade Brook and Coatue, as 2025 revenue rose 46%, pre-tax profi…