Corporate card company Brex is reportedly expanding in Europe as it prepares to go public. The company obtained a license that lets it serve businesses in Europe and plans to roll out its offering there and in the United Kingdom, the Financial Times reported Thursday...
How many new “unicorns” will Europe produce for the remainder of 2025? If the first six months of the year is any indication, it could be in the dozens, TechCrunch wrote Thursday (Aug. 28). As that report notes, “mega-rounds” aren’t as prevalent these days as they...
Artificial intelligence (AI) startup Create has raised $8.5 million to scale its flagship product, Anything, an AI coding agent that can produce mobile and web apps ready for app stores. The Series A funding round was led by Bessemer Venture Partners, with participation from Shopify...
Mistral AI is reportedly targeting a $10 billion valuation in its next funding round. That’s according to a report Friday (Aug. 1) by the Financial Times (FT), which says this is part of a push by the French startup to compete with wealthier artificial intelligence...
Citigroup is reportedly increasing its research efforts into private companies. Heath Terry, a veteran of firms like Goldman Sachs, joined Citi to head coverage of the artificial intelligence industry and guide other analysts in researching private firms in other sectors, Bloomberg reported Wednesday (July 23)....
JPMorganChase has begun accepting applications for a FinTech accelerator program for U.K. startups. As American Banker reported Monday (June 9), the Fintech Forward Accelerator is a 12-week, in-person and virtual program for FinTech founders who want to employ technology to develop scalable financial services solutions....
Startups that build artificial intelligence (AI) applications on top of large language models (LLMs) are reportedly making rapid gains in both sales and funding. These startups are reaching as much as $200 million in annual recurring revenue in less than two years and, as a...
British startups are reportedly weighing a move to the U.S. as investment declines. Startups in the U.K. took in just £16.2 billion ($21.1 billion) last year, the Financial Times (FT) reported Sunday (April 13), citing data from Dealroom. That figure, the report said, is the...
In the business realm, the word “startup” conjures up the garage as innovation lab, the bootstrapping and scrapping micro-firm that has the potential to disrupt an industry and grow into a behemoth. Apple comes to mind, and so does Microsoft. Social media platforms were once...