The UK venture capital market has doubled its performance in the first four months of 2026, reaching $10.5 billion in total funding, according to new data from GlobalData. The surge places the country firmly inside the global top five and well ahead of the rest of Europe, driven largely by three record‑breaking rounds from Nscale, Wayve, and Ineffable Intelligence…. [Read More]

The Association of Pacific Rim Universities (APRU) has been honored with the Best Use of EdTech in Higher Education award at the inaugural ETIH Innovation Awards 2026, recognizing its groundbreaking Tech Policy Hackathon 2025 for redefining how technology and policy intersect in student learning. The hackathon brought together 299 students from 36 universities across 12 Asia‑Pacific economies, with 56 finalists competing in Bangkok…. [Read More]

The Bill & Melinda Gates Foundation Trust has made a major portfolio shift, selling its remaining Microsoft shares and reallocating investments toward two long‑held value stocks that now make up 43 percent of its $33 billion portfolio. The foundation, which funds global health, education, and poverty‑reduction initiatives, continues to favor value‑driven companies with strong fundamentals over high‑growth tech stocks. The move aligns… [Read More]

Australia’s digital and connected health sector is facing a critical funding shortfall, according to new data released by ANDHealth, the nation’s health commercialisation engine. Despite the industry’s rapid growth — projected to surpass A$45 billion by 2033 — access to capital remains a major barrier for startups seeking to scale. ANDHealth’s FY2026 Industry Sentiment Survey found that… [Read More]

The Libra Trust has announced plans to distribute nearly $110 million to 71 Argentine companies, marking a significant move to repurpose funds from the defunct Libra crypto token project. The initiative aims to support business growth and compensate victims affected by the token’s collapse. The funds were transferred by Hayden Davis, the alleged creator of the Libra… [Read More]

Private equity firm Oister Global has announced the launch of its ACE Fund III, with a corpus of Rs 500 crore. The new fund will focus on investing in growth-stage companies across sectors such as technology, consumer, healthcare, and financial services. The firm said ACE Fund III is designed to provide capital and strategic support to businesses… [Read More]

The Pensacola International Airport in Florida is set for a significant upgrade following the approval of $9 million in federal funding. The investment will help expand terminal facilities, enhance passenger services, and support the airport’s long‑term growth strategy as travel demand continues to rise across the Gulf Coast region. The funding, part of the Federal Aviation… [Read More]

Aboard, a Southern California‑based startup redefining modern mobile living, has completed its Pre‑Series A funding round, bringing total investment to $13 million. The round was led by Ondine Capital and Llama Ventures, supporting Aboard’s next phase of growth as it prepares its extended‑range electric travel trailer for mass production. The company said the funds will be used to finalize… [Read More]

Startups across the Middle East and North Africa (MENA) are attracting significant investor interest, with new funding rounds announced in fintech, HR tech, proptech, and artificial intelligence. The surge highlights the region’s rapid digital transformation and growing role in global technology innovation. In Saudi Arabia, Arib, a digital financing marketplace, raised $23.5 million in a… [Read More]

African governments have recovered approximately $685.8 million through coordinated tax enforcement efforts targeting multinational corporations, digital transactions, and cross-border tax leakages, according to the African Tax Administration Forum (ATAF). The recoveries come as many countries across the continent face mounting fiscal pressure from rising debt burdens, weaker external financing, and widening development funding gaps. The… [Read More]

India’s rapid push toward building a $5 trillion digital economy is creating an expanding cyberattack surface that adversaries are already actively exploiting, according to cybersecurity expert Dr. Srinivas Mukkamala. The analysis highlights a widening gap between the country’s digital growth and its security readiness, raising concerns about systemic vulnerability across critical infrastructure, public platforms, and… [Read More]

The Australian government has announced $6.7 million in funding to improve road safety across Canberra through the 2026–27 Black Spot Program. The initiative targets 17 high-risk locations identified as accident-prone areas, with upgrades planned over the next 12 months to reduce crashes and improve traffic conditions. The funding will support a range of infrastructure improvements,… [Read More]

Canada is expanding its push into alternative proteins with a C$15.1 million (around $10.9 million) investment aimed at scaling production of whole-cut plant-based meat and seafood. The initiative is backed in part by Protein Industries Canada, a government-supported innovation cluster focused on strengthening domestic food systems and advancing value-added agriculture. The project brings together industry… [Read More]

Biotechnology startup StrainX Bioworks has secured $13 million in a funding round aimed at accelerating the production of alternative proteins using advanced synthetic biology and precision fermentation technologies. The round was led by Prime Venture Partners and Leo Capital, with participation from Good Startup, Sparrow Capital, Sun Icon Ventures, Dholakia Ventures, and WindT Angels. The… [Read More]

Sorted Wallet, a fintech startup focused on digital payments and blockchain accessibility, has secured $4.4 million in seed funding to scale its stablecoin‑based financial services for users of feature phones across emerging markets. The round was led by Lateral Front Ventures, with participation from Rally Cap Ventures, Abler Nordic, and several angel investors. The funding will help Sorted Wallet expand its infrastructure, strengthen… [Read More]

Venture capital funding for Irish small and medium-sized enterprises (SMEs) fell sharply by 58% to €221.7 million in the first quarter of 2026, according to the Irish Venture Capital Association (IVCA) VenturePulse report. The decline comes after a record-breaking Q1 2025, when Irish firms raised €532.8 million, highlighting a significant year-on-year correction in investment activity…. [Read More]

Canadian fintech company Relay has raised $50 million in new investment from General Catalyst’s Customer Value Fund (CVF), a financing model designed to support customer acquisition without requiring traditional equity dilution. The funding will primarily be used to scale sales and marketing efforts as the company aims to expand its business banking and money management… [Read More]

The Indonesian rupiah strengthened in early trading on Monday, rising 0.12 percent to Rp17,696 per US dollar compared to the previous close of Rp17,717. The movement reflects a modest gain in the local currency as global and domestic market sentiment showed signs of improvement. Currency analyst Lukman Leong from Doo Financial Futures noted that the… [Read More]

Indonesia’s Directorate General of Taxes under the Ministry of Finance has removed OpenAI, the developer of ChatGPT, from its official list of value-added tax (VAT) collectors for e-commerce platforms. The decision was announced on May 21, 2026, as part of broader adjustments to the country’s digital tax administration framework. Officials described the change as an… [Read More]

The Philippines is taking a significant step toward modernizing its construction sector by developing a new pool of master trainers in Building Information Modeling (BIM), a digital system widely used in global infrastructure and large-scale construction projects. The initiative is aimed at helping young workers access higher-quality employment opportunities while preparing the industry for more… [Read More]

Cyient Semiconductors, a subsidiary of Cyient Ltd, has secured $30 million (₹286 crore) in financing from funds managed by Edelweiss Alternatives and co‑investors, strengthening its capital structure and accelerating growth in the global semiconductor market. The transaction includes $10 million in equity investment at a post‑money valuation of $500 million (₹4,600 crore), alongside $20 million in structured debt to support long‑term… [Read More]

The European Commission has announced €15 million in additional humanitarian assistance to support the response to the ongoing Ebola outbreak affecting the Democratic Republic of the Congo and Uganda. The funding is intended to strengthen emergency operations, improve preparedness, and reinforce prevention efforts in affected regions. The outbreak response includes rapid deployment measures coordinated through… [Read More]

The United States has proposed $2.013 billion in incentives under the CHIPS and Science Act to strengthen domestic quantum computing capabilities, marking a major step in expanding national investment into next-generation computing technologies. The funding, announced by the Department of Commerce, is aimed at boosting both large-scale manufacturing infrastructure and targeted research programs in the… [Read More]