Raises

Ares Management drew $1.6 billion in equity commitments for its latest Japan industrial development fund, the fifth in a series inherited from the US alternative asset manager’s acquisition of GLP’s ex-China business last year. Ares expects to hold a first... Read More>> The post Ares Raises $1.6B for Japan Industrial Fund as AUM Hits $644B appeared first

Image: Push Square In a presentation aimed at investors earlier today, PlayStation announced its intention to use AI to “deliver a cutting-edge entertainment experience” for its players. Unsurprisingly, its comments have already attracted significant blowback from some corners of social media, but it’s important to first reflect on what boss Hideaki Nishino actually said. AI

Happy Pay, a South African buy-now-pay-later (BNPL) startup, has raised a $5 million seed round to scale what it describes as Africa’s first ad-supported payments network.  The funding will be used to deepen merchant partnerships, expand distribution across online and offline channels, and further develop its AI-powered recommendations and advertising engine. Partech led the round

The Warsaw-based fund, backed by the European Investment Fund and the Polish Development Fund, plans 20–25 pre-seed and seed investments in companies working on energy transition, industrial automation, and AI. The team behind Warsaw-based Montis Capital has raised €50 million at first close for a new fund, Montis VC, targeting European startups at the intersection

Capital B, also known as The Blockchain Group, announced a €3 million capital raise on Tuesday alongside amendments to existing convertible bonds, as the company moves to accelerate its Bitcoin treasury strategy. The Paris-listed firm said the financing includes €2 million raised through share subscription warrants subscribed by TOBAM and €1 million from UTXO Management.

VeryAI secured US$10 million in seed funding led by Polychain Capital, with backing from Berggruen Institute, Anagram, and Solana co-founder Anatoly Yakovenko. The palm-scan system claims a false acceptance rate of 1 in 10 million per hand  and works on 98% of US smartphones without special hardware. Built on Solana with zero-knowledge proofs, the platform

As the 2026 NFL Draft approaches, few defensive prospects have generated as much intrigue as Ohio State’s Arvell Reese. Widely viewed as one of the most talented defenders in the class, Reese’s versatility has made him a standout on scouting boards. However, with that versatility comes an ongoing debate about how he projects at the

In short:  WHOOP has raised $575 million in a Series G round that values the screenless health wearable company at $10.1 billion — nearly three times its 2021 valuation. Backed by sovereign wealth funds, leading medical institutions, and a roster of celebrity athletes, the Boston-based startup is positioning itself for an IPO. Its founder and