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News
AI Startup Discovery Loop, founded by former Google Chief Scientist Jeff Dean, seeks to raise funds at $50 bn valuation
46+ min ago (303+ words) Discovery Loop, an artificial intelligence (AI) startup founded by Jeff Dean, a former chief scientist at Google, is seeking to raise funds again at a valuation of $50 billion. According to the report, the terms of the deal remain subject to…...
Why Bermuda's newest Lloyd's entrants keep renting someone else's managing agency
1+ day, 11+ hour ago (573+ words) If you've followed Lloyd's start-up news over the past couple of years, you'll have noticed a pattern. A Bermuda-based re/insurance group announces it's heading to London. It picks up in-principle... Why Bermuda's newest Lloyd's entrants keep renting someone else's…...
Premium Offices Pull Ahead as Owners Rethink Workplaces
2+ hour, 33+ min ago (204+ words) Australian owners say premium office demand is shifting toward amenities, reusable fitouts and AI as workplace experience gains importance....
The Retail CFD Industry Is Running Out of FX
6+ hour, 42+ min ago (578+ words) "Part of it is the trade itself," Arkadiusz Jóźwiak, the Editor-in-Chief at Comparic.pl, told FinanceMagnates.com, "because the moves that pull retail money in over the past year have been in metals, equities and crypto, not in currency pairs....
Mach Industries Raises Additional $600 Million At $3.7 Billion Valuation To Scale Defense Manufacturing
1+ day, 16+ hour ago (239+ words) Mach Industries has raised an additional $600 million through a continuation of its Series C financing, bringing the defense manufacturer’s valuation to $3.7 billion. The financing includes continued backing from Ribbit Capital, Infinite Capital, Bedrock Capital, Sequoia and other investors and follows…...
J.P. Morgan Closes $1.1B US Industrial Net Lease Fund
7+ hour, 18+ min ago (705+ words) Commercial Property Executive reports that J.P. Morgan Asset Management closed its inaugural US net lease fund with $1.1B in total commitments. The vehicle exceeded its original $500M target by more than twofold and marks the firm’s first fundraise since acquiring Trio Investment Group…...
Frazier Life Sciences Raises $1.1B for Public Fund
7+ hour, 28+ min ago (202+ words) Frazier Life Sciences has closed more than $1.1 billion in new capital commitments to its Public Fund, pushing the long-only investment vehicle's total committed capital to roughly $2.8 billion. The Palo Alto-based firm announced the raise Thursday, marking one of the largest…...
New Biohacker Company Promises Unicorns. What’s the Catch?
8+ hour, 55+ min ago (432+ words) Unicorns, dragons, pixies, and the like are the stuff of kids' stories, or at least they should be. But now a new Texas startup, a bioengineering firm, The Embryo Corporation, is looking at the possibility of producing these creatures for…...
Scope Creep: 5 Calm Client Replies That Protect Your Time
4+ hour, 58+ min ago (237+ words) A client asks for “one small extra.” Then another. Suddenly the project you priced has quietly become a different project. The hardest part is rarely knowing that the scope changed. It is replying without sounding defensive, apologetic, or vague. A…...
Backing ideas before they become enterprises
9+ hour, 37+ min ago (17+ words) The ChinniKrishnan Innovation Awards 2026 celebrates ten promising early-stage ideas, fostering innovation and perseverance in aspiring entrepreneurs....