Browsing: Startups

Uforce, a drone maker originally assembled from Ukrainian firms, secured $700 million in new capital with the UK’s National Wealth Fund stepping up as a co-lead and contributing $150 million. That check is the wealth fund’s largest in defense so far and helps pin the company’s value at $6 billion, the top mark among UK…

The second programme of Oman Manufacturing Strategy 2040 represents an important step towards building a more competitive, innovative and diversified industrial sector. It focuses on promoting entrepreneurship, encouraging start-ups, facilitating the establishment and growth of businesses, and strengthening the contribution of local enterprises to industrial development and economic diversification. The ambition to build a sustainable…

Ballistic Ventures, a San Francisco-based venture capital firm specializing in cybersecurity investments, is seeking to raise $490 million across two new investment funds as artificial intelligence drives demand for technologies that protect businesses against increasingly sophisticated cyber threats. According to a TechCrunch report, the firm has filed documents with the U.S. Securities and Exchange Commission…

The Spanish platform Trakelt has published ‘Are you ready to raise a round?’, an online, registration-free tool that, in a few minutes, gives each startup a score out of 100 and highlights the gaps they need to close before seeking funding.