Pre-IPO

Lovable doubles valuation to $13.3 billion

Swedish vibe coding platform Lovable raised $400 million in a Series C

Form Energy Raised $750 Million and Is Preparing for an IPO

Form Energy's $750 million Series G, led by T. Rowe Price, came at a reported $1.75 billion pre-money valuation, below the last round. What is known about its IPO.

Crusoe to Deploy 10 Modular Data Centers in Texas

Energy Vault has begun construction on the Snyder AI campus in Snyder, Texas. The company is purchasing 10 Crusoe Spark modular data centers from Crusoe and leasing them back as powered shells

Revolut received two banking licenses in three weeks

Two regulatory perimeters on two continents in three weeks, with a customer base of 75 million

Mercor is discussing a new round at a $20 billion valuation

Mercor, which supplies AI labs with expert-made training data, is in talks at about a $20 billion valuation, per Bloomberg, double its $10 billion Series C price.

Why 40% of US Doctors Already Work with OpenEvidence

Lovable is preparing a new round valued at $13.2 billion

This is exactly double the $6.6 billion raised in the December 2025 Series B round led by CapitalG and Menlo Ventures

Lambda Is Preparing for an IPO, Now Targeted for 2027

How Nvidia-backed Lambda prepared for an IPO: banks, a new CEO and CFO, pre-IPO convertible notes and debt, and why the listing is now targeted for 2027.

Crusoe and Lancium are building a 1 GW campus in Texas

Lancium, the Blackstone-backed developer behind the Stargate site in Abilene, and Crusoe are building a 1 GW AI campus in Childress County, Texas.

Revolut confirms a secondary share sale at a reported $115 billion valuation

Revolut confirmed a secondary share sale on 22 July 2026. Shares are reportedly priced at $2,017, valuing the fintech at about $115 billion.

OpenEvidence considered a $20 billion round and may walk away

The Information reported that OpenEvidence considered raising $200 million at a $20 billion valuation but was likely to skip the round because of dilution for founders and shareholders. Annualised revenue reached abou...

Mercor discusses a round at a $20 billion valuation

Forbes reported that Mercor is discussing a roughly $500 million round that would double its valuation in less than a year. The founder said run-rate revenue exceeded $2 billion. Customers include OpenAI, Anthropic an...