Filed under: fundraising
18 storiesThe archive, indexed. Every story carries its tags at the foot of the page.
Hero Bread walked away from Subway, then rebuilt to $54m
The low-carb baker landed an anchor customer in 2021 and was running out of money by 2022. Its chief executive says the maths never worked, so they quit the deal and started again selling direct.
Charter Space raises $5M to insure satellites nobody else will
The El Segundo broker says it now serves more than 50 space and defence companies. Its pitch is that conventional insurers will not price a satellite.
British Business Bank says UK venture returns now match America's
The Bank's latest returns report puts UK funds level with the US over the long run, and its newest vintages ahead of both US and European peers. The underlying figures have not been published in detail yet.
114 Series A rounds of $100m or more logged so far in 2026
Crunchbase counts $33bn poured into first institutional rounds this year, more than 70% of it into AI startups. The bar a seed founder is measured against has moved.
Claret Capital closes fourth growth debt fund at €575m
The London manager beat its own €500m target. What founders can borrow, and at what stage, has not been disclosed.
Kroll: growth pays 3x, margin above 25% pays nothing
Kroll's Summer 2026 software data puts public companies growing above 20% at 7.2x revenue and shrinking ones at 2.4x. Profitability barely moves the number.
CaaStle founder Christine Hunsicker sentenced to five years for fraud
The clothing rental company's founder was sentenced after a scheme that prosecutors put at $300m, built on false financial statements and invented growth.
Rillet raises $100m in 48 hours after a board meeting
The AI accounting company was not fundraising. It showed investors a quarter in which annualised revenue doubled, and a $1bn valuation followed two days later.
Make the machine write your one-star review first
A prompt that asks an AI to play the disappointed venture capitalist, the recruiter or the Amazon reviewer. The technique costs nothing and the criticism arrives before the audience does.
QuantumLight closes $500M second fund, doubling its first
Nik Storonsky's venture firm now has €432 million to test whether software can pick startups better than partners can. Founders pitching it are pitching a screening system called Aleph.
Ohio startup raises $15m to put out fires with 20 Hz sound
Sonic Fire Tech says its ceiling-mounted sound generator smothers flames in seconds and leaves nothing to mop up. It now has to convince the body that writes America's fire codes.
Investors sue Wondermind over $1.2m raise, alleging misleading claims
A lawsuit says the mental health company overstated its leadership, its partnerships and Selena Gomez's involvement. The complaint's contents have not been published in full.
Ex-Citadel trader raises $1.2m for clothing refresher spray
Maria Cabral Menezes left trading floors at J.P. Morgan and Citadel to sell a spray that freshens clothes between washes. Investors have put in $1.2m.
$350m vertical farming pioneer runs out of money
One of indoor farming's best-funded companies could not raise again. The economics of growing lettuce under lights did the rest.
SEC reopens the accredited-investor question again
The rule decides who a US startup may legally take money from without registering the raise. The threshold that has defined it for decades is back under review.
Three AI firms hit $100m ARR. Multiples ran 50x to 100x
Harvey, Sierra and Legora each crossed $100m in annual recurring revenue within nine months. The venture capitalist Tomasz Tunguz argues the gap between their valuations is not explained by how fast they grew.
Ex-principal took hundreds of meetings to raise $63m
Adeel Khan had no Stanford degree, no Google badge and no business plan. He says he had to make MagicSchool AI's user numbers impossible to argue with instead.
YC partners say one word gives away an AI-written application
Applications to Y Combinator have grown 60% longer in three years, and the word "wedge" now appears in more than a fifth of them. Two partners have said publicly what that tells them.