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    • NGOs.AI

Foundation Raises $6.4 Million to Expand From Bitcoin Hardware Wallets Into AI Agent Authorization

Dated: May 22, 2026

Foundation has raised $6.4 million in a funding round led by Fulgur Ventures, with participation from Arche Capital, to accelerate its expansion beyond bitcoin self-custody hardware into AI agent authorization and broader digital identity security systems. The company, Foundation, said the new capital will support its move from building hardware wallets for bitcoin storage toward… [Read More]

Developed Nations Surpass $100 Billion Climate Finance Target for Third Year Running

Dated: May 22, 2026

Developed nations have successfully exceeded their annual $100 billion climate finance commitment for the third consecutive year. According to the latest data released by the Organisation for Economic Co-operation and Development (OECD), wealthy countries mobilized and provided a record $132.8 billion in climate finance to developing nations in 2023, a figure that climbed even higher… [Read More]

Canada Invests $24 Million to Expand CIFAR AI Chairs, Strengthening National AI Research Ecosystem

Dated: May 22, 2026

The Government of Canada has announced a $24 million investment to appoint and renew 42 Canada CIFAR AI Chairs, reinforcing its long-term strategy to strengthen artificial intelligence research and talent development across the country. The funding expands the Canada CIFAR AI Chairs programme to a total of 143 positions, distributed across Canada’s three national AI… [Read More]

Scapia Raises $63M to Expand AI-Driven Travel Fintech Platform Across India

Dated: May 22, 2026

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]

Fresha Secures $80 Million Investment from KKR, Valuing Beauty Tech Platform at Over $1 Billion

Dated: May 22, 2026

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 Establishes “Siniyan-Sigui” Sovereign Mining Fund to Finance Strategic Infrastructure

Dated: May 22, 2026

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]

UK Government and BPI Launch 25th Round of Music Export Growth Scheme Funding

Dated: May 22, 2026

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]

Northern Ireland Allocates £380,000 to 16 Projects to Improve Water Quality Across Catchments

Dated: May 22, 2026

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]

Pennsylvania Pushes Innovation Economy Growth With New $100 Million “Innovate in PA 2.0” Program

Dated: May 22, 2026

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]

U.S. Commerce Department and D-Wave Quantum Sign $100 Million CHIPS Act Funding Agreement to Advance Quantum Computing

Dated: May 22, 2026

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]

IRC launches emergency response as rare Ebola strain spreads across eastern DRC and Uganda

Dated: May 22, 2026

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]

US National Science Foundation commits $1.5 billion to launch “X-Labs” for next-generation research

Dated: May 22, 2026

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 faces worsening public health emergency amid collapsing sanitation and rising disease risk

Dated: May 22, 2026

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]

Field Studies Council Opens Applications for 2026 Young Darwin Scholarship

Dated: May 22, 2026

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 reaches $6 billion valuation after $700 million funding round

Dated: May 22, 2026

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]

FEMA opens $648 million in grants to support firefighters and first responders across U.S. counties

Dated: May 22, 2026

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]

New Grant Program Invests $140,000 to Tackle Colorado’s Childcare Affordability Crisis

Dated: May 22, 2026

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 raises $63 million to expand travel-focused fintech platform

Dated: May 22, 2026

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]

WSB Invests ₹75 Crore in Omaxe to Expand Tier II Real Estate Push

Dated: May 22, 2026

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]

Universities urge EU to use Widening funds to boost ERC and MSCA participation

Dated: May 22, 2026

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 secures $826 million funding from State Bank of India to advance EV manufacturing plans

Dated: May 22, 2026

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 launches $100 million fund to back deeptech startups

Dated: May 22, 2026

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]

Building teaching skills to improve learning across classrooms in Tuvalu

Dated: May 22, 2026

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]

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Latest News

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