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European VC firm Hummingbird raised $800M to find "misfit" founders, taking its total assets to ~$2B, after backing Kraken and AI vibe coding startup Lovable (Financial Times)

Financial Times:
European VC firm Hummingbird raised $800M to find “misfit” founders, taking its total assets to ~$2B, after backing Kraken and AI vibe coding startup Lovable  —  Hummingbird to put $800mn in funds to work after lucrative early bets on the likes of Kraken and Lovable

London-based Revolut reports 2025 revenue up 46% YoY to £4.5B, pretax profit up 54% YoY to £1.7B, and customers up nearly 33% YoY, as it moves to become a bank (Elena Vardon/Wall Street Journal)

Elena Vardon / Wall Street Journal:
London-based Revolut reports 2025 revenue up 46% YoY to £4.5B, pretax profit up 54% YoY to £1.7B, and customers up nearly 33% YoY, as it moves to become a bank  —  Revenue rose 46% last year as its customer base grew by around a third, the fintech said

Crunchyroll's data breach is 'limited to customer service ticket data,' representatives say

Anime streaming giant Crunchyroll reassures users that the data breach caused by a hacker is limited to customer service ticket data.

Foreverland raises €6M to scale its cocoa-free chocolate ingredient across Europe


The Italian foodtech, which makes Choruba from Mediterranean carob and has already signed four European confectionery partnerships, now has €9.4M in total funding to push commercial expansion and develop an organic product line. Foreverland, the Italian startup making a carob-based alternative to chocolate, has raised €6 million in a new funding round, bringing its total […]



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Filing: SK Hynix plans to spend ~$8B on cutting-edge EUV lithography chipmaking tools from ASML through 2027, as it competes with Samsung to supply DRAM and HBM (Bloomberg)

Bloomberg:
Filing: SK Hynix plans to spend ~$8B on cutting-edge EUV lithography chipmaking tools from ASML through 2027, as it competes with Samsung to supply DRAM and HBM  —  SK Hynix Inc. plans to spend 11.9 trillion won ($7.9 billion) on cutting-edge extreme ultraviolet lithography chipmaking tools …