Hertz (HTZ) shares fell 14.8% in afternoon trading, extending a 27.6% drop from the previous session, after the car rental…
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European Tech Surges With €585 Million Across 60 Deals as Analytics, Quantum and Travel Sectors Race for Dominance
European tech recorded more than 60 funding deals totalling over €585 million last week, alongside three exits and M&A transactions.…
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Stark Raised €500 Million After Its Drones Missed Every Target in Military Trials
Berlin-based autonomous drone startup Stark raised €500 million from Sequoia Capital, Founders Fund, and the NATO Innovation Fund, valuing the…
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PayPal Shuts Down Its VC Arm and Puts a $100 Million African Fintech Pledge at Risk
PayPal's pledge to invest USD 100 million in African digital commerce is now in serious doubt after the company shut…
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Haldane McCall Shareholders Greenlight N250 Billion Debt Drive to Fund Affordable Housing Push
Haldane McCall Plc shareholders have approved a plan for the company to raise up to N250 billion through new debt…
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Rapido Hits $3 Billion Valuation After Beating Uber and Ola by Ignoring the Markets They Left Behind
Indian ride-hailing startup Rapido has raised $240 million in a funding round led by Dutch investor Prosus, valuing the Bengaluru-based…
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Private Fusion Energy Race Heats Up as Billions Pour In and a $6 Billion Trump Media Deal Reshapes the Field
Fusion power has attracted billions in private investment, driven by advances in AI, computing, and high-temperature superconducting magnets. Commonwealth Fusion…
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Innodata’s 48% Revenue Surge Masks a Fragile Bet on Big Tech’s AI Spending Spree
Innodata ($INOD) is riding the AI investment wave, posting 48% revenue growth in 2025 with 2026 projections raised to 40%…
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First Bank Closes ₦45 Billion Capital Raise as Nigeria’s Biggest Lenders Race to Meet New Minimum Requirements
First HoldCo Plc has successfully closed the ₦45 billion second tranche of its ₦350 billion Private Placement programme, following approvals…
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Europe’s Tech Funding Surge Hits €10.5 Billion in May as Robotics and Cloud Giants Lead a Market Revival
European tech recorded over 65 funding deals totalling more than €2.8 billion last week, alongside 10-plus exits and M&A transactions.…
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