Tag: hits
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OpenAI hits pause on flagship UK data centre scheme
OpenAI’s plans to bring its flagship $500bn AI data centre project to the UK have been put on hold, with the ChatGPT developer citing energy costs and regulatory issues as factors which have halted its plans. OpenAI announced plans to bring its giant Stargate AI project to the UK in September last year, marking what read more
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Six months out of stealth, Credibur hits €2B in facility volume
Six months after emerging from stealth and completing its pre-seed funding round, Credibur reports that its platform now supports clients with a total of €2 billion in debt facility volume. The figure represents structured debt portfolios connected to its system, which provides continuous monitoring, independent verification, reporting, and backup servicing. Originally launched with $2.2 million read more
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The 2026 European Deeptech Report: Sector reaches $690B as VC share hits record
The 2026 European Deeptech Report, published by Lakestar, Walden Catalyst, and Dealroom, highlights a record surge in Europe’s deeptech ecosystem. VC-backed deeptech companies are now valued at $690 billion, with investment in the sector continuing to outperform the broader technology market. Deeptech is playing an increasingly important role in addressing global challenges, including climate, energy, read more
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Ukrainian-founded language learning edtech Preply hits $1.2B valuation with $150M Series D
Ukrainian-founded languagelearning marketplace Preply has raised $150 million Series D funding led by WestCap with support from Índico Capital Partners. This latest round brings Preply’s total funding to approximately $299 million to-date and values the company at $1.2 billion, marking a significant milestone in Preply’s mission to make transformative learning experiences accessible to people around read more
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Tallinn AI startup Flashka raises €1M pre-seed and hits 1M users in a year
Tallinn-founded startup Flashka, an AI-driven study app for university students, has closed a €1 millionPre-Seed round led by Outlast Fund, a Nordic-Baltic early-stage VC. Additional investors in the round include UCP and Vento Ventures. The app helps university students master complex subjects through automated flashcards, quizzes, and personalised learning tools. It has also reached 1 read more
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Morocco Tourism Hits Record 19.8m Visitors in 2025
Morocco recorded a record 19.8 million tourist arrivals in 2025, generating revenues of more than $13 billion, according to the Ministry of Tourism. Visitor numbers rose 14% from 2024, while tourism receipts reached 124 billion dirhams, up 19% year on year. Both figures marked all-time highs, the ministry said. Authorities credited the performance to a read more
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South Africa: Table Mountain Hits 1 Million Visitors in 2025 – South African News Briefs – December 17, 2025
Table Mountain Welcomes One Million Visitors in 2025 Table Mountain has welcomed one million visitors this year, reportsEWN. The Table Mountain Aerial Cableway Company celebrated its 33rd millionth visitor since operations began, a domestic tourist from Limpopo. This milestone follows the celebration of the 32nd million visitor in January. The company’s Colette van Aswegen said read more
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French CRM outfit Brevo hits unicorn status
French customer relationship management (CRM) company Brevo has become a unicorn following a €500m funding round. The funding round sees General Atlantic and Oakley Capital joining Brevo’s roster of investors while Bpifrance and Bridgepoint remain minority investors, with the latter reinvesting via Bridgepoint Development Capital V. The round sees Partech fully exiting its stake while read more
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