The fuel for a fully reusable rocket that can unlock truly low-cost access to space isn’t methane or liquid oxygen. It’s cash, and Stoke Space Technologies is tanking up. The company has now “completed the initial closing” of a $1 billion Series E round intended to help it reach orbit and prepare a new, larger
Four years ago, Rhode Island Gov. Dan McKee was celebrating his narrow victory in the Democratic primary surrounded by supporters, when someone handed him phone — it was his opponent simply calling to concede. “That’s not going to happen,” he said, waving the phone away. “Hang up on them.” Now, the woman he dismissed, Helena Foulkes,
Olivia Rodrigo raised a significant sum of $10 million with her inaugural Daisy Chain Fields Festival — and then doubled it to $20 million, thanks to a matching commitment from philanthropist Melinda French Gates. Rodrigo introduced her own headlining set at the festival on Saturday in Irvine, California by thanking the crowd for attending and revealing
Fiat Ventures on Tuesday said it is combining its growth consultancy and venture divisions under a new brand, FGV Capital, alongside the launch of its second fund, a $35 million vehicle. The fintech-focused firm’s general partners, Marcos Fernandez and Drew Glover, told TechCrunch that the decision to combine the businesses was to help founders, whether
AI accounting startup Rillet announced a $100 million Series C at a $1 billion valuation on Tuesday, led by Iconiq. Returning investors included Andreessen Horowitz and Sequoia. Rillet, which emerged from stealth in 2024, is quickly becoming one of the hottest AI startups in the enterprise resource planning (ERP) industry. The company’s platform deploys AI
WASHINGTON — President Donald Trump’s decision to scale back joint military exercises with South Korea does not just slight a longtime ally but raises broader concerns about the security interests of the United States in Asia and elsewhere. Trump explained his decision by citing South Korea’s refusal to join his war against Iran and pointing
