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Technology

The Billion-Dollar Magnet: Why Investors Keep Backing RJ Scaringe's Serial Ventures.

May 15, 2026 at 8:36 PM

Serial entrepreneur RJ Scaringe has successfully secured over $12 billion in funding across his three startups, including Rivian, Also, and Mind Robotics, earning him a place among Silicon Valley's most elite founders.

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The Billion-Dollar Magnet: Why Investors Keep Backing RJ Scaringe's Serial Ventures
Technology
UK Sovereign AI Fund Taps Suzanne Ashman Amid Landmark $2.1bn Investment Surge
Image Source : pharmaphorum.com

UK Sovereign AI Fund Taps Suzanne Ashman Amid Landmark $2.1bn Investment Surge.

May 15, 2026 at 4:21 AM
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Technology
Flick Secures $6 Million Seed Funding to Revolutionize AI-Driven Filmmaking
Image Source : businessinsider.com

Flick Secures $6 Million Seed Funding to Revolutionize AI-Driven Filmmaking.

May 14, 2026 at 1:14 PM
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Technology
Exaforce Secures $125M Series B Funding to Revolutionize AI-Driven Cybersecurity

Exaforce Secures $125M Series B Funding to Revolutionize AI-Driven Cybersecurity.

May 12, 2026 at 3:14 PM
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Sri Lanka Accelerates 'Prajashakthi' Poverty Alleviation Initiative with Major Budget Allocation
Image Source : cbsnews.com
Local News•
May 11, 2026 at 1:06 PM

Sri Lanka Accelerates 'Prajashakthi' Poverty Alleviation Initiative with Major Budget Allocation.

President Anura Kumara Dissanayake reviewed the 'Prajashakthi' national programme, revealing that Rs. 23 billion out of the allocated Rs. 25 billion has been approved for rural development projects.

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Technology

DoorDash Allocates $100 Million to Support Delivery Drivers Amid Fuel Price Surge.

May 6, 2026 at 10:58 PM

DoorDash is investing $100 million in the first half of 2026 to help its delivery drivers manage rising fuel costs, opting to delay certain business investments to fund these relief efforts.

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DoorDash Allocates $100 Million to Support Delivery Drivers Amid Fuel Price Surge
Image Credit : marketbeat.com
Local News

Janashakthi Foundation Partners with President’s Fund to Bolster Pediatric Healthcare.

The Janashakthi Foundation has entered a strategic partnership with the President’s Fund to provide supplementary financial assistance for children's medical treatments, aiming to bridge gaps in healthcare accessibility.

May 6, 2026 at 1:26 PM
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Technology

DeepSeek Eyes $45 Billion Valuation in Major Funding Round Backed by China’s State Giants.

AI startup DeepSeek is reportedly in discussions to secure a massive funding round that could push its valuation to $45 billion, with China's state-backed semiconductor fund leading the charge.

May 6, 2026 at 6:08 AM
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Technology
AI-Driven Legal Startup Moritz Secures $9 Million Funding in Rapid Seed Round
Image Source : a16z.com

AI-Driven Legal Startup Moritz Secures $9 Million Funding in Rapid Seed Round.

May 5, 2026 at 9:12 AM
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Anthropic Eyes Massive $50 Billion Capital Injection at $900 Billion Valuation
Technology•
April 30, 2026 at 12:14 AM

Anthropic Eyes Massive $50 Billion Capital Injection at $900 Billion Valuation.

AI leader Anthropic is reportedly considering a $50 billion funding round that could push its valuation to $900 billion, marking a significant milestone ahead of a potential 2026 IPO.

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Technology

Startup Pursuit Secures $22 Million to Simplify Government Sales via AI.

April 29, 2026 at 4:33 PM

Pursuit, a startup aimed at helping private companies navigate the complex world of state and local government procurement, has raised $22 million in a seed funding round backed by notable tech investors.

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Startup Pursuit Secures $22 Million to Simplify Government Sales via AI
Business

LB Finance Secures $15 Million Funding Boost from Swiss Impact Investor.

Sri Lanka’s LB Finance has finalized a $15 million senior debt facility with Switzerland-based Enabling Qapital to boost MSME lending and promote financial inclusion across the nation.

April 28, 2026 at 11:31 PM
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Local News
Government Confirms Security and Status of 'Rebuilding Sri Lanka' Fund
Image Source : news.lk

Government Confirms Security and Status of 'Rebuilding Sri Lanka' Fund.

April 27, 2026 at 12:04 PM
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Local News
WindForce Secures $18 Million IFC Funding for Sri Lanka’s Green Energy Expansion
Image Source : financesone.worldbank.org

WindForce Secures $18 Million IFC Funding for Sri Lanka’s Green Energy Expansion.

April 27, 2026 at 11:18 AM
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Technology•
April 25, 2026 at 10:36 PM

Massive $16 Billion Funding Secured for Michigan's High-Capacity AI Data Center.

Related Digital has successfully secured $16 billion in financing to construct a 1-gigawatt AI-focused data center in Saline Township, Michigan, aimed at supporting Oracle's expanding artificial intelligence infrastructure.

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Technology

Indian Home-Help Startup Pronto Secures $200M Valuation Amid Rapid Expansion.

April 25, 2026 at 3:36 AM

Pronto, an Indian on-demand domestic help startup, is closing a funding round led by Lachy Groom that pushes its valuation to $200 million, doubling its worth in just weeks.

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Indian Home-Help Startup Pronto Secures $200M Valuation Amid Rapid Expansion
Local News
People’s Bank Commits Rs. 300 Million to Nuwara Eliya Post-Cyclone Housing Recovery
Image Source : magzter.com

People’s Bank Commits Rs. 300 Million to Nuwara Eliya Post-Cyclone Housing Recovery.

April 24, 2026 at 11:45 PM
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Technology
Former Google Engineers Secure $4.5M Seed Funding for Marketing AI Startup Pomo
Image Source : news.crunchbase.com

Former Google Engineers Secure $4.5M Seed Funding for Marketing AI Startup Pomo.

April 23, 2026 at 9:25 AM
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Technology
Oracle Secures Massive $38 Billion Financing to Supercharge AI Infrastructure
Image Source : forbes.com

Oracle Secures Massive $38 Billion Financing to Supercharge AI Infrastructure.

April 21, 2026 at 1:18 AM
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Technology•
April 17, 2026 at 10:00 PM

Recursive Secures Massive $500 Million Funding to Pioneer Self-Learning AI.

AI startup Recursive, founded by former DeepMind and OpenAI engineers, has secured $500 million in a high-profile funding round backed by Google's venture arm and Nvidia, pushing its valuation to $4 billion.

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