Ventures firm guiding technology startups from Menlo Park
SpaceX has announced a senior unsecured notes offering to raise about $20 billion to refinance a bridge loan and fund expanding AI infrastructure, including Starship and Starlink. The move follows a record IPO and large cash reserves, but faces scrutiny over negative free cash flow and high capital needs.
Santander targets over €1bn in AI-led value by 2028; Higgsfield eyes $1bn run rate as AI media tools expand; Databricks reports rising costs amid rapid AI-driven revenue growth.
Cyera will integrate Oasis’s technology for managing non-human identities into its data security platform, strengthening protection as AI agents proliferate across enterprise systems. The deal follows Oasis’s $195 million funding and Cyera’s aggressive acquisition spree. The collaboration aims to unify data protection with identity governance in the AI era.
Lovable has secured a $400 million Series C led by Menlo Ventures and Scaleup Europe Fund as it reports $500 million in annualized revenue and 60 million projects on its platform. The Stockholm-based startup also notes in-house AI capabilities and a multiyear Google Cloud deal, signaling rapid growth and expanding backend needs. This is a developing story.