Tag: exits

  • Revolut wins full UK banking licence, as finally exits mobilisation phase

    Revolut has been awarded a full UK banking licence, after regulators lifted restrictions on the UK challenger bank, which had lasted for an extended time. Revolut, valued at $75bn,today said it had received regulatory approval from the Bank of England’s Prudential Regulation Authority (PRA) to exit the mobilisation phase, and launch as a bank in read more

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    Revolut wins full UK banking licence, as finally exits mobilisation phase

  • Enlightra exits stealth with $15M to power energy-efficient AI data centre lasers

    Enlightra, a deeptech startup developing chip-scale multiwavelength lasers for next-generation data transmission, has raised a total of $15 million. Investors include Y Combinator, Runa Capital, Pegasus Tech Ventures, Protocol Labs, Halo Labs, Asymmetry Ventures, and TRAC VC, among others. Modern AI training increasingly depends on faster connections between GPUs, yet many systems still rely on read more

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    Enlightra exits stealth with M to power energy-efficient AI data centre lasers