Funding

Kalshi confirms $1 billion raise at $22 billion valuation

07. toukokuuta 2026 Raportoinut AI AI:n luoma kuva

Kalshi has secured $1 billion in fresh funding, doubling its valuation to $22 billion in a round led by Coatue. The U.S.-based prediction market platform reported strong growth in institutional trading amid broader interest in event contracts.

Chilean startup Forest raises 54 million dollars for ebikes in London

Forest, cofounded by Agustín Guilisasti, completed a 54 million dollar series B funding round led by Chinese manufacturer Okay.

Trump administration accused of withholding science funding despite restoration

05. toukokuuta 2026 Raportoinut AI

Congress restored billions in federal research funding earlier in 2026 after cuts proposed by the Trump administration. Watchdogs and former NIH officials now claim the administration is using new tactics to delay or withhold the money. Scientists report severe impacts on their work, including layoffs and halted projects.

Afrikka

Egypt's Lucky raises $23m Series B for North Africa credit expansion

Tiede

Frankfurt researchers secure €1 million for Roman sanctuary study

Politiikka

Election board reduces government initial funding for parties from 30 percent

Glasgow council approves extra funding for padel tennis courts

Glasgow City Council has approved an additional £600,000 from the Scottish Government to transform the Meat Market sheds, including world-class padel tennis courts. The project, which replaces original badminton court plans, is set to begin work in August. Councillors expressed concerns over delays but welcomed the funding boost.

Nsfas acting ceo outlines turnaround plan amid financial strain

09. maaliskuuta 2026 Raportoinut AI

The National Student Financial Aid Scheme's acting CEO, Waseem Carrim, has detailed a strategy to stabilize operations for the 2026 academic year, addressing funding shortages and accommodation issues. This comes as Finance Minister Enoch Godongwana questions the scheme's future due to its reliance on external providers. Carrim dismissed closure suggestions, emphasizing NSFAS's unique role in student support.

House committee probes immigration enforcement after Minneapolis shootings

Top officials from U.S. immigration agencies testified before the House Homeland Security Committee on February 10, 2026, amid criticism over tactics following the fatal shootings of two U.S. citizens in Minneapolis. The hearing occurs as Congress faces a Friday deadline to fund the Department of Homeland Security, with Democrats demanding reforms to enforcement practices. Partisan tensions highlighted divides, though some bipartisan concerns emerged on training and oversight.

UK physicists warn of catastrophic science funding cuts

06. helmikuuta 2026 Raportoinut AI

UK scientists are raising alarms over severe budget reductions in physics research, predicting a devastating blow to international collaborations and innovation. Funding bodies have instructed research groups to prepare for cuts of up to 60 percent, potentially leading to the loss of entire programs and positions. Experts fear long-term damage to the UK's scientific reputation and economy.

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