Abhinaya Prabhu

6 days ago | techfundingnews.com | Abhinaya Prabhu

Marking a rare foray into the world of film and media, Sequoia Capital has led a $100 million investment into Mubi, the London-based indie streaming service. This marks Sequoia’s first major investment in a European streaming company and its most significant bet on the entertainment sector in recent years. This round values the company at $1 billion, making it a unicorn.

6 days ago | techfundingnews.com | Abhinaya Prabhu

In 2025, the landscape of venture funding for female-founded startups in Europe and the UK remains a critical area of focus. Despite growing recognition of the economic potential within women-led businesses, securing equitable investment remains a persistent challenge. While there has been a notable increase in the initiatives aimed at bridging the funding gap, the journey toward true parity is ongoing. The comparison between funding in men and female-founded startups reveals a stark imbalance.

1 week ago | techfundingnews.com | Abhinaya Prabhu

The global AI race is intensifying, with new players emerging to challenge the dominance of established Western tech giants. One of the most notable entrants is DeepSeek, a Chinese startup founded in 2023 by Liang Wenfeng. Liang, a former engineer and founder of the quantitative hedge fund High-Flyer, leveraged his background in AI-driven financial algorithms and strategically acquired over 10,000 Nvidia A100 GPUs before U.S. chip restrictions.

1 week ago | techfundingnews.com | Abhinaya Prabhu

After transforming how AI models are built and shared, Hugging Face is entering the embodied AI world. The company has unveiled two humanoid robots – HopeJR and Reachy Mini, marking its first major step into physical robotics. This follows its recent acquisition of Pollen Robotics, a French startup known for its open-source humanoid platform, Reachy. It was one of the few open platforms in the field, offering modular design, Python APIs, and real-time interaction support.

1 week ago | techfundingnews.com | Abhinaya Prabhu

In a strategic move, GameStop announced that it has purchased 4,710 bitcoins, valued at approximately $513 million. This marks the video game retailer’s first significant foray into cryptocurrency, signalling a shift in its financial strategy as it seeks to diversify its holdings and rejuvenate its business model. According to a recent SEC filing, the purchase was completed in late May 2025, at an average price of $108,950 per bitcoin.