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Features
Google and Anthropic Back Frontier’s $915 Million Carbon Removal Push
Frontier has raised another $915 million from corporate buyers including Stripe, Google, Shopify, Salesforce, H&M Group, and Anthropic to support permanent carbon removal projects. The new funding doubles the coalition’s total commitment to $1.8 billion, giving emerging carbon removal companies more long-term demand as they move toward commercial scale...
Markets & Trends
Mercury Raises $200M Series D at $5.2B Valuation as Startup Applications...
Mercury has raised $200 million in Series D funding at a $5.2 billion valuation as it pursues a national bank charter and expands its AI-powered financial tools for entrepreneurs. The digital banking platform has been profitable for four consecutive years and now serves more than 300,000 customers across startups, e-commerce, professional services, and other digitally native businesses...
Strategy
Flutterwave Achieves $3.2 Billion Valuation Following Strategic Series E Equity Funding
African payments startup Flutterwave secured a strategic equity investment from Ripple as part of a Series E funding round that values the company at $3.2 billion. As reported by TechCrunch, the transaction lifts Flutterwave’s total funding to more than $500 million. The deal expands Flutterwave’s stablecoin payments strategy as the company looks to make cross-border transactions faster and cheaper across Africa...
Capital & Transactions
SpaceX Deploys Post-IPO Billions to Acquire Cursor for $60 Billion
SpaceX is deploying its newly acquired post-IPO capital into the artificial intelligence sector, purchasing coding startup Cursor for $60 billion. Fresh off an $85 billion initial public offering that drove its valuation to $2.5 trillion, the rocket giant is pivoting toward infrastructure software. Founded in 2022 by Michael Truell and three fellow MIT graduates, Cursor experienced rapid market expansion...
Health & Wellness
Neko Health Pursues U.S. Regulatory Approval For New York Expansion
Neko Health is awaiting regulatory approval to open its first U.S. clinic in New York, bringing the medical scanning startup founded by Spotify’s Daniel Ek and Hjalmar Nilsonne into the American longevity market. The company raised $250 million in Series B funding at a $1.8 billion valuation earlier this year as demand for preventive health scans grows among consumers. Its New York scan is expected to cost about $500, according to sources cited by Sifted, keeping Neko below incumbent full-body imaging companies such as Prenuvo and Ezra...
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