BAE-backed Expeditions raises €197M fund for European defence startups

Wema Bank secures €50m EIB facility to support SMEs

By Henry Obetta Wema Bank has secured a Euro 50 million (N78.5 billion) financing facility from the European Investment Bank’s development arm, EIB Global, to expand access to credit for small and medium-sized enterprises (SMEs), with a strong focus on women- and youth-owned businesses. The agreement, signed in Lagos, marks the first transaction between EIB [] The post Wema Bank secures 50m EIB facility to support SMEs appeared first on Vanguard News.

British drone boat firm raises $175M at $1B valuation

A British firm building uncrewed patrol boats for NATO navies just crossed the billion-dollar valuation mark, with Kraken Technology Group announcing the close of a 175 million Series B funding round on July 9 that values the company at 1 billion. The round, led by Digital Transformation Capital Partners, or DTCP, arrives less than a []

Skello raises €200M and its founders end up owning more of the company

Most big funding rounds shrink the founders’ slice. Skello’s just grew it. The profitable French HR startup has raised 200m to go shopping across Europe. Paris-based Skello has raised 200m led by Bridgepoint, EU-Startups reports. The unusual part: its founders and managers came out owning more of the company, not less, as Tech Funding News [] This story continues at The Next Web

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WrxFlo Secures an additional €3 Million to Drive US and UK Expansion

WrxFlo, the Irish AI-powered software company helping large industrial manufacturers and logistics businesses transform their operations, has raised 3 million in funding. The round was led by Elkstone, with participation from existing investors Furthr VC and Enterprise Ireland, as well as a number of angel investors. The investment will accelerate WrxFlo’s expansion in the UK []

Foreign money for NGOs comes under tighter lens

Foreign money for NGOs comes under tighter lens

Dominion Dynamics closes $139M funding round with Canadian defence firms in spotlight

A defence technology company that has helped protect Canada’s north revealed Tuesday that it recently added another asset to its arsenal: 139 million. Dominion Dynamics claims the cash it raised forms the largest Series A funding round for a Canadian defence company ever and will help the burgeoning Ottawa-based firm expand rapidly. “It feels good [] The post Dominion Dynamics closes 139M funding round with Canadian defence firms in spotlight appeared first on Loonie Politics.

Ammunic Systems eyes Southeast Asia expansion, sharpens focus on loitering munitions

The company has raised 1.1 million in a seed funding round co-led by India Accelerator and its multi-stage venture capital arm Finvolve. It is now planning a second funding round over the next four to five months.

Why Team Burnham are already furious

Team Burnham have been properly triggered over the defence investment plan now they’ve found out £4.7bn of it is still to be funded. For the first time in the transition, they’re feeling furious. Sam Coates and Anne McElvoy have news that the scale of the black hole is even bigger than that. Also – is []

Dream11 parent company Dream Money to shut down by July-end; What existing users need to know

The move comes just months after Dream Money expanded its offerings and joined the government-backed ONDC network to broaden access to mutual fund investments

A24 Films succumbs to the AI darkside

The campaign against the creative class has rustled up a surprising new foot soldier: A24 Films. It seems that the production house, known for artsy-fartsy (God, how I love them) horror and suspense flicks, has accepted a 75 million dollar investment from Google to partner up on the creation of new film making tools. — Read the rest The post A24 Films succumbs to the AI darkside appeared first on Boing Boing.

PARLIMEN: Kerajaan salur RM500 juta kepada 30,000 PMKS

KUALA LUMPUR: Kerajaan meluluskan lebih RM500 juta pembiayaan mikro kepada lebih 30,000 usahawan sebagai langkah segera membantu peniaga kecil dan perusahaan mikro, kecil dan sederhana (PMKS) susulan peningkatan kos operasi berikutan ketegangan geopolitik di Asia Barat. Selain itu, bagi tempoh 15 Mei hingga 30 Jun lalu, Skim Jaminan Pembiayaan Perniagaan (SJPP) turut meluluskan jaminan pembiayaan ... Read more The post PARLIMEN: Kerajaan salur RM500 juta kepada 30,000 PMKS appeared first on Utusan Malaysia.

Ukraine Receives First €3.9B EU Defense Loan Installment

Ukraine has received 3.9 billion from the EU as the first defense payment under the Ukraine Support Loan program. The funds will strengthen Ukraine's defense industry, expand drone production, and support urgent military procurement. The payment is part of a broader 90 billion EU support package for 2026-27, with up to 45 billion expected to be available to Ukraine this year.

EU to provide €343m in guarantees and grants for Ukraine's defence sector

The European Commission, Ukraine's Ministry of Defence, and the governments of France and Finland have agreed to provide 343 million in EU guarantees and blended finance grants to support the development of Ukraine's defence sector. The funding will be channelled to expand industrial capacity for defence production and dual-use technologies.

Siemens Financial, First Horizon Lend $65M on Palm Beach Gardens Medical Complex

Siemens Financial and First Horizon have supplied 64.8 million of construction financing to develop a hospital and medical outpatient complex in Florida’s Palm Beach County, Commercial Observer has learned. Sina Companies secured the loan for the planned Health Park at Avenir project in Palm Beach Gardens, Fla., that is fully leased to Jupiter Medical Center. []

What's Behind the Shifting Fortunes for This Small-Cap Fund?

What's Behind the Shifting Fortunes for This Small-Cap Fund?

Seedcamp raises $320M for its new fund to expand its US footprint

After 18 years of focusing on Europe, early-stage investor Seedcamp said that it has raised 320 million for its latest fund which will see it expanding its presence in the United States.

Ukraine receives €3.9b under EU defense support program

Ukraine has received 3.9 billion euros from the European Union (EU) as the first loan under a defense support program, the country's finance ministry said Tuesday, reported Xinhua. The financing is part of the initial tranche of the Ukraine Support Loan worth 5.01 billion euros, the ministry said in a statement. These funds will be directed to what is critically important for our resilience today: strengthening Ukrainian drone production, the defense industry, and meeting the needs of the Defense Forces, said Ukrainian Finance Minister Sergii Marchenko. In 2026, Kiev expects to receive 45 billion euros under the Ukraine Support Loan, including 28.3 billion euros for defense.

Fundsmith Equity Fund: H1 2026 Purchases

Fundsmith Equity Fund: H1 2026 Purchases

Form 8K LM Funding America Inc For: 23 June

Form 8K LM Funding America Inc For: 23 June

Starmer's defence investment plan leaves £5 billion funding gap for Burnham

Starmer's defence investment plan leaves £5 billion funding gap for Burnham

DONOVAN: Carney’s ‘shoebox’ condo bailout rewards developers — and sticks taxpayers with the bill

Prime Minister Mark Carney and BC Premier David Eby are teaming up to use taxpayer funds for the noble cause of saving real estate developers, likely including some of the ones responsible for the urban blight known as “shoebox” or “dog crate” condos.

General : SJPP Approves RM4.9 Bln Financing For Over 6,000 MSMEs 1h 2026 -- PM Anwar

KUALA LUMPUR, July 7 (Bernama) -- Syarikat Jaminan Pembiayaan Perniagaan (SJPP) had approved RM4.9 billion in financing for more than 6,000 micro, small and medium enterprises (MSMEs) in the first half (1H) of 2026, said Prime Minister Datuk Seri Anwar Ibrahim.

U.K., Italian, Japanese Fighter Jet Venture Wins $6.14 Billion Contract

U.K.’s BAE Systems, Italy’s Leonardo and Japan’s Mitsubishi Heavy Industries secured a contract funded by the three nations to develop a new stealth fighter jet.

What a £4,700,000 ‘black hole’ tells us about the murky world of defence funding

What a £4,700,000 ‘black hole’ tells us about the murky world of defence funding

Newcastle sign Toure for £43m - what will he bring to club?

Newcastle United reporter Ciaran Kelly looks at why the club have bought forward Bazoumana Toure from Hoffenheim for £43m.

Rotterdam-based chip inspection technology firm raises €331 million in deeptech funding

Nearfield Instruments, a Rotterdam-based company that makes chip metrology systems, has raised 331 million euros in new funding, valuing the firm at 1.6 billion euros, the company said.

Exclusive: Seltz, a startup rebuilding web search for AI agents, raises $12.5 million in seed funding

VC firms Speedinvest and Capital B led the funding round for the web search startup founded by a veteran of Amazon and Pinecone.

Africa May Be Blockchain’s Most Mispriced Market

By Rob Downes, Head of Digital Assets at Absa CIB Last year, Kredete, a startup founded by Nigerian entrepreneur Adeola Adedewe that enables Africans in the diaspora to build credit profiles through their remittance activity, raised a US22 million Series A funding round, the largest disclosed blockchain transaction recorded on the continent in 2025. It []

Romanian-French consortium launches VC fund for startups, tech companies in country’s West region

Romanian-French consortium launches VC fund for startups, tech companies in country’s West region

"Japan Creator Support Fund Progress Report Meeting" highlights international success of Japan's next generation of creators and artists

The Fund is beginning to generate tangible international outcomes, including awards, nominations and co-productions across music, film, games and the arts, while expanding opportunities for overseas performances, international events and cross-border collaborations. To date, projects supported ...

Three Governments Award £4.6 Billion to Edgewing as GCAP Fighter Jet Enters Design Phase

The UK, Italy and Japan awarded a £4.6 billion contract to Edgewing — the joint venture of BAE Systems, Leonardo and Japan Aircraft Industrial Enhancement Co. — taking the Global Combat Air Programme from concept into full design and engineering, with a flying prototype targeted before end of 2027 and service entry in 2035.

Company Pledges $1 Million to Repair White House Lawn

A company run by a supporter of President Donald Trump has pledged 1 million in cash and product support to help repair damage to the White House South Lawn after the June 14 UFC event. “ScottsMiracle-Gro and the National Park Service will work to restore the South Lawn grass after UFC Freedom 250, making it []...Click to read more

Danish TechBBQ secures grant to connect Nordic investors with African startups

The funding comes as Europe seeks closer economic and tech ties with both Africa and India amid growing concerns over competitiveness, access to talent, and the need to diversify strategic partnerships beyond traditional markets.