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Key Cambridge UK VC launches $126M fund to stem later-stage flight
<p>It’s often said that the U.K. and Europe lack the huge level of growth funding for later-stage startups that the U.S. has for its own, and this is correct. According to the European Investment Fund, there are at least seven times more large-size VC funds in the U.S. than in Europe. So the appearance of a […]</p>

Henil Mehta
Jul 283 min read
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Fyre Festival 2 is coming, and it already sounds bananas (and not in a good way)
<p>Party promoter Billy McFarland is back with Fyre Festival 2. The event is scheduled to take place in Isla Mujeres, Mexico, from May 30 to June 2, and tickets just went on sale, ranging from $1,400 to a truly brazen $1.1 million — even though no artists have been confirmed, and McFarland himself isn’t sure […]</p>

Henil Mehta
Jul 281 min read
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AI-coding startup Codeium in talks to raise at an almost $3B valuation, sources say
<p>Codeium, an AI-powered coding startup, is raising a new round of funding at a $2.85 billion valuation, including fresh capital, according to two sources with knowledge of the deal. The round is being led by returning investor Kleiner Perkins, the people said. The new round comes just six months after Silicon Valley-based Codeium announced that […]</p>

Henil Mehta
Jul 272 min read
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