Over £100,000 has been raised for a three-year-old boy attacked by a crocodile at Johnsons of Old Hurst in Cambridgeshire on June 18. The boy underwent seven surgeries at Addenbrooke's Hospital, and a 30-year-old man was arrested on suspicion of attempted murder.
Adani Power reported a 42% year-on-year increase in consolidated net profit to Rs 4,806 crore in Q1, with revenue growing 34% to Rs 18,902 crore. The company's board also approved a fundraising of Rs 15,000 crore, driven by rising power demand and higher capacity utilization.
Beijing-based AI start-up Moonshot AI is set to close its current funding round at a US$30 billion valuation and plans a subsequent round as early as August, targeting up to US$50 billion before a potential listing, according to a source familiar with the matter.
Strategy, led by Michael Saylor, sold $263.5 million in common stock last week to expand its cash reserve to $3.225 billion, rather than buying more Bitcoin. This marks a four-week pause in BTC purchases, impacting quarter-to-date performance metrics negatively.
Hong Kong's OSC charity campaign received 102 funding applications by June 10. Organizers noted a significant shift towards deeper, systemic interventions rather than "quick-fix" solutions, with applicants focusing on poverty, health, and inclusivity.
College social app Fizz alleges investor Jerry Lu of Maveron shared its non-public business information with rival Sidechat after posing as a potential investor. The lawsuit claims Lu acted as a conduit for strategy, metrics, and fundraising details, raising concerns about VC practices in competitive startup markets.
French biotech Abivax raised $920 million, securing cash until 2029 for US launch of its bowel disease drug obefazimod. CEO Marc de Garidel stated the funding allows the company to proceed independently, despite recent takeover speculation and investor concerns over trial data.
Kazakhstan Temir Zholy's former CEO announced plans for a triple listing in Hong Kong, London, and Kazakhstan by year-end. Hong Kong's exchange anticipates more international issuers in late 2026/2027, with companies seeking favorable market sentiment.
Venture capitalist Charles Hudson discusses challenges for early-stage founders, advising against chasing high valuations and urging founders to conduct due diligence on investors. He also highlights the changing VC landscape, influenced by rapid AI company growth.
Reform UK candidate Tony Mack claims George Cottrell was introduced as Nigel Farage's chief of staff, despite denials of an official role. Cottrell, a convicted fraudster, is alleged to have arranged transport and covered costs for fundraising events for Reform UK.
George Cottrell, a convicted fraudster, was reportedly introduced as Nigel Farage's chief of staff and arranged key logistics for Reform UK MPs, despite the party's denials of his official role. Questions arise over undeclared support and suspicious financial activity linked to Cottrell and his family.
Blue Origin, founded by Jeff Bezos, is seeking its first outside investment of $10 billion at a $130 billion pre-money valuation to accelerate growth and compete with SpaceX. CEO Dave Limp stated the fundraising reflects investor confidence in the company's long-term plans.
A federal appeals court rejected President Donald Trump's attempt to restore his name to the Kennedy Center, upholding a lower court's order. The court found Trump and the board failed to prove irreparable harm or specific fundraising damage without his name.
The Guardian investigation reveals that bankers reported potential money laundering concerns to the National Crime Agency (NCA) regarding transactions involving senior Reform UK figures, including Nigel Farage and Richard Tice. Suspicious activity reports (SARs) were filed over donations and loans, prompting scrutiny of the party's finances and adherence to electoral rules.
Michael Phillips, who claims to have the world's smallest penis at 0.38 inches, has booked a procedure to increase his girth. His GoFundMe campaign raised nearly $13,000 from over 250 donors. A Beverly Hills surgeon offered a free procedure, but Phillips has already scheduled one closer to home.
Der britische Vermögensverwalter Hayfin hat seinen fünften Kreditfonds mit über 15 Milliarden Euro geschlossen. Das Geld stammt von institutionellen Investoren und ist langfristig gebunden, um Marktturbulenzen zu widerstehen. Der Fonds investiert vor allem in besicherte Kredite an mittelständische Unternehmen und meidet Software-Investments.
Kuaishou-backed Kling AI is reportedly close to securing a US$3 billion fundraising round, valuing the company at US$18 billion, amid intensifying competition in China's AI video generation sector. Tencent is among the investors, and Kuaishou plans a Hong Kong IPO for Kling AI within 12 months.
Indian venture capital firms are experiencing their most challenging fundraising year in over a decade. Limited partners are more selective, commitments are slower, and fund managers are scrutinized for generating cash returns from past startup investments. As of mid-June, Indian VCs have raised only $820 million across 32 funds.
Indian venture capital firms are experiencing their most challenging fundraising environment in over a decade. Limited partners are more selective, commitments are slower, and fund managers are scrutinized for generating cash returns from past investments. As of mid-June, Indian VCs have raised only $820 million across 32 funds.
Leah Stewart, attacked by a great white shark at Sydney's Coogee beach, is no longer in critical condition and remembers the incident in detail, her brother reported. The 34-year-old teacher is recovering from an arm amputation and other severe injuries, while Sydney beaches face closures due to increased great white shark sightings.
Eight-year-old Emi Valo, a leukemia survivor, is raising thousands for pediatric cancer research through Pelotonia Kids in Ohio. Her efforts highlight the critical role of sustained funding for research and clinical trials in improving childhood cancer survival rates and developing new treatments.
Hangzhou-based DeepSeek has raised approximately 50 billion yuan in a Series A funding round, achieving a post-investment valuation of about 400 billion yuan (US$59.2 billion). This valuation makes DeepSeek one of China's most valuable AI startups, surpassing Moonshot AI and MiniMax AI.
Kingboard Holdings will sell 155 million shares in Kingboard Laminates at a discount, aiming to expand business and production capacity to meet surging demand. The deal is expected to close on June 22.
Filipino domestic workers in Hong Kong are holding a month-long fundraiser to support families impacted by a 7.8 magnitude earthquake in the Philippines. The campaign aims to raise HK$20,000 for urgent needs like food, water, and medicine in affected regions, particularly Mindanao.
