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Bengaluru-based travel fintech company Scapia has raised $63 million in a new funding round led by General Catalyst, with participation from Peak XV Partners and Z47, as it looks to scale its AI-powered travel and financial services platform across India. Founded in 2022 by Anil Goteti, Scapia operates a travel-focused fintech ecosystem that integrates credit… [Read More]

London-based beauty and wellness technology company Fresha has raised $80 million in new funding from investment funds managed by KKR, pushing its valuation beyond $1 billion and cementing its status as a unicorn in the sector. Founded in 2015 by William Zeqiri and Nicholas Miller, Fresha operates an AI-powered marketplace and business management platform used… [Read More]

Burkina Faso’s Council of Ministers has officially adopted a decree creating a landmark sovereign mining investment fund, named the Fonds souverain minier d’investissements du Burkina Faso (FSMIB), or “Siniyan-Sigui”. Operating as a dedicated public investment account, the fund is designed to transform surplus mining wealth into long-term national development, with its first capital deployments scheduled… [Read More]

The UK government and the BPI have officially opened applications for the highly anticipated 25th edition of the Music Export Growth Scheme (MEGS). This landmark round allows small-to-medium-sized, independent UK music companies to apply for crucial financial backing to expand the international commercial profiles of their artists. The registration and submission window opens at 12:00… [Read More]

More than £380,000 has been awarded to 16 environmental projects aimed at improving water quality across Northern Ireland, with the majority of initiatives focused on the Lough Neagh catchment area, the government has announced. The funding is being delivered through the Water Quality Improvement Strand of the Environment Fund and follows an open competition earlier… [Read More]

The Shapiro Administration has underscored the importance of expanding Pennsylvania’s innovation economy during a visit to Thermo Fisher Scientific’s biomanufacturing facility in Dauphin County, while outlining new funding proposals in the state’s 2026–27 budget. State officials highlighted the role of life sciences, robotics, technology, energy, manufacturing, and agriculture in driving long-term economic growth. Governor Josh… [Read More]

D-Wave Quantum Inc. has signed a Letter of Intent with the U.S. Department of Commerce for up to $100 million in funding under the CHIPS and Science Act, aimed at accelerating the development of advanced quantum computing technologies and strengthening U.S. leadership in the sector. Under the proposed arrangement, the funding would support D-Wave’s superconducting… [Read More]

Kinshasa, Democratic Republic of the Congo, May 21, 2026 — The International Rescue Committee (IRC) has launched an emergency response to a rapidly escalating Ebola outbreak in eastern Democratic Republic of the Congo (DRC), where health authorities report at least 88 deaths and 336 suspected cases. One death and two confirmed cases have also been… [Read More]

The U.S. National Science Foundation (NSF) has announced a $1.5 billion funding commitment to establish a new programme aimed at creating independent research laboratories designed to tackle major scientific challenges using unconventional approaches. The initiative, known as NSF X-Labs, will distribute funding over the next decade and is intended to support research models that operate… [Read More]

Gaza is experiencing a rapidly deepening public health crisis as collapsing sanitation systems, extreme overcrowding, and worsening environmental conditions leave civilians increasingly exposed to disease, according to the International Rescue Committee (IRC). In displacement camps and temporary shelters, families are reporting rising cases of skin infections, lice infestations, dehydration, and heat-related illness as temperatures surge…. [Read More]

Young environmental enthusiasts across the UK have a unique opportunity to kickstart their future careers. The Field Studies Council (FSC) has officially opened applications for this year’s Young Darwin Scholarship. This national initiative is specifically designed to equip young individuals with real-world, hands-on environmental skills that bridge the gap between passion and professional expertise. Since… [Read More]

AI hardware startup Hark has raised more than $700 million in a new Series A funding round, valuing the company at $6 billion, according to reports. The round was led by Parkway Venture Capital and attracted participation from major technology and semiconductor investors, including Nvidia, AMD Ventures, Intel Capital, Qualcomm Ventures, Salesforce Ventures and several… [Read More]

The U.S. Department of Homeland Security (DHS), through the Federal Emergency Management Agency (FEMA), has announced $648 million in new grant funding to strengthen firefighting and emergency response capacity across the country. The funding supports three major programmes—the Assistance to Firefighters Grants (AFG), Staffing for Adequate Fire and Emergency Response (SAFER), and Fire Prevention and… [Read More]

Colorado’s childcare sector is receiving a vital financial boost to address a growing affordability crisis that is impacting both local families and businesses. The newly established Child Care Access Alliance has announced a $140,000 funding initiative that will be distributed across seven local chambers of commerce. These targeted grants are designed to assess the unique… [Read More]

Scapia has raised $63 million in its latest funding round, marking a significant boost for the Bengaluru-based travel fintech startup. The company, founded by Anil Goteti, provides travel-focused financial services, including co-branded credit cards developed in partnership with a major bank, alongside a digital platform for booking flights, hotels, buses, and trains. The latest round… [Read More]

Omaxe Limited has secured ₹75 crore in funding from WSB Partners as part of a strategic push into India’s fast-growing Tier II property markets. The investment targets residential plotted developments in Ujjain and Indore, two emerging urban centres benefiting from rising demand, infrastructure expansion, and improving connectivity. These cities are increasingly attracting institutional capital as… [Read More]

A group of research-intensive universities has called on the European Union to rethink how it allocates its Widening funding, suggesting that it should be used to increase access to top competitive research grants for countries with weaker research and innovation performance. The proposal, outlined in a position paper by the Guild of European Research-Intensive Universities,… [Read More]

JSW Motors has secured a major funding line of about $826 million (₹80 billion) from State Bank of India, marking a significant boost to its planned new energy vehicle (NEV) manufacturing push in India. The long-term financing facility, which carries a tenor of more than 10 years, will partly support the development of a greenfield… [Read More]

Shastra VC has announced the launch of its third fund, a $100 million corpus (approximately ₹963 crore) aimed at supporting early-stage deeptech startups. The venture capital firm Shastra VC said the fund will focus on high-impact sectors including space and defence technologies, artificial intelligence, and renewable sciences. It will support startups from the seed stage… [Read More]

Tuvalu’s Ministry of Education and Human Resources Development (MEHRD) is leading a national initiative to improve the quality of learning in schools by strengthening teachers’ skills, qualifications, and leadership across the country. The $2.5 million programme is funded by the Global Partnership for Education (GPE) and supported by UNICEF and the University of the South… [Read More]

The U.S. Department of Energy (DOE) has announced a new $50 million funding initiative aimed at significantly boosting energy production within tribal nations. The federal grant program, titled “Unleashing Tribal Energy Development,” aligns with the Trump administration’s broader push toward global energy superiority and seeks to integrate Indian Country into the expanding domestic energy sector…. [Read More]

The Food and Agriculture Organization of the United Nations (Food and Agriculture Organization) has warned that disruption in the Strait of Hormuz could trigger a far-reaching global agrifood crisis, potentially pushing the world into a severe food price shock within the next six to twelve months if preventive action is not taken immediately. According to… [Read More]

A new four-year partnership between Save the Children, Norwegian Refugee Council, and the LEGO Foundation will deliver lifesaving, play-based education and protection to children affected by conflict and emergencies worldwide. Scale and funding Total funding: US $32 million Target reach: 300,000 children Coverage: crisis-affected countries including Haiti, Bangladesh, Lebanon, Somalia, and others Why it matters… [Read More]