Facts
- HQ
- United States
- Sectors
- Ridesharing, Mobility, Delivery, Transportation
- Founded
- 2009
- Employees
- 31700
- Stage
- Public
Uber Offers €41.50 Per Share to Buy Delivery Hero, Valuing Deal at €14.8 Billion; Close Expected H2 2027
Uber has offered €41.50 per share in cash to acquire Delivery Hero, valuing the deal at €14.8 billion (or $13.7 billion after accounting for Uber's prior stake) and expects the transaction to close in H2 2027 and be accretive to adjusted EPS. Uber will fund the deal with cash and new debt (including a €14 billion committed bridge), has committed €2 billion investment in Germany, and Delivery Hero separately agreed to sell businesses in 14 overlapping markets to SSW Partners for about $1.6 billion.
Anthropic and OpenAI Equity Booms Turn Thousands of Employees into Multimillionaires as Valuations Soar
Rapid valuation growth at AI startups Anthropic and OpenAI is creating unprecedented wealth for thousands of employees—turning many into multimillionaires and deepening economic divides in San Francisco.
Pollen launches universal swappable battery and swapping network to boost electric motorcycle adoption in Europe
Lisbon startup Pollen, led by co-founder and CEO Rui Bento, is building a battery-swapping network and a universal swappable battery to address high upfront costs and long charging times that have kept electric motorcycle adoption below 6% in Europe. Bento argues that swapping batteries removes the charging-time barrier for professional riders and makes electric motorcycles cost-competitive with petrol models.
Satellite Companies Raise $8.1 Billion in H1 2026, Surpassing All Prior Annual Totals Tracked by Space Capital
Satellite companies attracted $8.1 billion in investment in the first half of 2026, surpassing every previous annual total tracked by Space Capital.
SRX Global to Hold Virtual Fireside Chat on July 14, 2026, Following EMJX Acquisition and Outlines Strong Financial Position
SRX Global announced a virtual Fireside Chat on July 14, 2026, featuring CEO Kent Cunningham and EMJX President Eric Jackson to discuss the recent completion of the EMJX acquisition and future plans. The company highlighted its strong financial position with over $55 million in cash and short-term investments, no debt, and a net asset value of approximately $3.07 per share.
Bill Gurley Says AI Startups Are Raising at 'Crazy Valuations' While Other Firms Struggle to Raise Capital
Investor Bill Gurley warns that AI companies are raising funds at 'crazy valuations' while most other startups struggle to raise capital, and he offers guidance for investing in this environment.
Blue Origin Seeks $10 Billion in First External Funding at $130 Billion Valuation to Boost Satellite Internet Ambitions
Blue Origin, Jeff Bezos' space company founded in 2000, is reportedly seeking to raise $10 billion in its first outside funding round, valuing the company at $130 billion. The funds would support its satellite internet project TeraWave and competition with SpaceX.
Trump Expects Elon Musk to Donate SpaceX Stock to Trump Accounts Despite Past Dispute
Donald Trump expressed confidence that Elon Musk will donate SpaceX stock to Trump Accounts, a government savings program for children, despite their previous dispute. The program, established under the 2023 Republican tax law, has garnered billions in corporate donations from leaders like Michael Dell and companies such as Uber, Comcast, and Wells Fargo.
Investor Thomas Braziel Warns Prediction Markets Face Regulatory and Financial Risks Amid Political Shifts
Investor Thomas Braziel warns that prediction markets like Polymarket and Kalshi face significant risks including regulatory challenges and overinvestment fueled by venture capital, potentially leading to financial distress. He compares their business models to disguised sports gambling and questions their public utility amid shifting political winds.
Alibaba and Tencent Join $2 Billion Funding Round for Kuaishou's Kling AI, Valued at $15 Billion Amid Beijing's Foreign Capital Rules
Alibaba and Tencent invested in Kuaishou's Kling AI with a $2 billion funding round, backing a rival's video AI model despite having their own competing products. This move reflects Beijing's control over foreign investment and acknowledges Kling AI's strong market position with rapid revenue growth.
Lucid Motors Appoints New CFO and Five Executives as CEO Silvio Napoli Restructures Amid Slow Sales and 18% Layoffs
Lucid Motors replaced its CFO and added five new C-suite executives under new CEO Silvio Napoli to address weak Q2 deliveries and slow sales, following an 18% workforce reduction aimed at cost savings. Despite reaching 4,774 vehicles in production, demand remains weak, prompting structural changes focused on efficiency and customer focus.
Wayve Raises $2.8 Billion to Deploy AI End-to-End Self-Driving Tech in Stellantis Robotaxis on Uber Network
Wayve, a London-based autonomous driving startup, has raised $2.8 billion from major tech and automotive investors and plans to deploy its AI-driven end-to-end machine learning system in robotaxis on Uber’s network via Stellantis. Unlike traditional methods, Wayve’s technology translates sensor data into driving decisions like a human driver and can work with diverse sensors and AI chips, aiming to enable full self-driving for any vehicle worldwide.
Micropolis Holding Co Short Interest Falls 43.9% to 32,480 Shares by June 15, 2023, Stock Dips to $1.77
Micropolis Holding Co saw a 43.9% decrease in short interest in June 2023, falling to 32,480 shares as of June 15th, with the stock price dropping 3.3% to $1.77. Several institutional investors acquired new stakes in the company during recent quarters, highlighting continued investor interest.
Lime Raises $174 Million in IPO, Valued at $1.6 Billion, Stock Gains on Debut
Lime raised $174 million in its IPO, valuing the scooter company at $1.6 billion following Uber's pandemic-era support. The company's stock rose on its market debut.
Devplan Raises $2.5M Seed Round Led by AI2 Incubator for AI-Native Product Development
Devplan, a Seattle-based AI-native product development intelligence platform, emerged from stealth announcing a $2.5 million seed funding round led by AI2 Incubator with participation from Acequia Capital, Mighty Capital, Grand Ventures, and eLab Ventures.
PriceRunner Awarded $1.97 Billion in Antitrust Case Against Google; Klarna Boosts Shopping Platform After 2022 Acquisition
Klarna announced that PriceRunner won $1.97 billion in damages in an antitrust case against Google for favoring its own shopping service. Klarna acquired PriceRunner in 2022 to enhance its shopping app, expanding PriceRunner's features and database across 13 markets.
Wayve Launches $85M Employee Tender Offer to Retain Talent Following $8.6B Valuation
UK autonomous vehicle startup Wayve is offering an $85 million employee tender offer to let employees sell shares to investors, aiming to retain talent amid a cooling IPO market. Valued at $8.6 billion following a $1.2 billion Series D round in February, Wayve emphasizes the need to reward its unique blend of AI and automotive experts.
Wayve Opens $85 Million Employee Tender at $8.5 Billion Valuation Following $1.2 Billion Series D
Wayve has initiated a second tender offer allowing employees to sell up to $85 million in shares at an $8.5 billion valuation, shortly after raising $1.2 billion in a Series D round. This move provides liquidity for staff while the company remains private, reflecting a trend among AI startups to use private markets instead of public listings.
Lime Prices Nasdaq IPO at $25 per Share, Raising $182 Million Amid Debt Concerns with Uber Backing
Lime priced its Nasdaq IPO at $25 per share on June 30, 2026, raising $182 million at a $1.8 billion valuation with Uber as a major investor. Despite steady revenue growth, the company faces significant debt and a liquidity shortfall, making the IPO crucial to its survival.
Momenta Files Hong Kong IPO to Raise $752M at $9B Valuation Amid Expansion of Robotaxi Services and Automaker Partnerships
Momenta is launching a Hong Kong IPO to raise $752 million at a nearly $9 billion valuation, despite widening losses amid scaling robotaxi services and software partnerships with 24 automakers. Proceeds will fund R&D, robotaxi commercialization, and international expansions with cornerstone investors including Mercedes-Benz, BlackRock, and GIC.
San Francisco Tech Workers with $180,000 Salaries Struggle to Afford Housing Amid Rising Costs in 2026
Tech workers in San Francisco, including those earning six-figure salaries like $180,000, are finding housing costs and general living expenses prohibitively high, leading some to consider relocating to more affordable cities like Seattle. Despite multiple attempts, the high demand and prices for housing make it difficult for even well-paid professionals to sustain a comfortable life in the city.
Amelia County Couple Launches Pet Waste Cleanup Franchise Covering Large Territory Despite High Travel Costs
An Amelia County couple launched a pet waste cleanup franchise covering a large territory from Petersburg to King's Dominion, raising concerns about high gas and vehicle maintenance costs due to extensive travel distances.
Cerebral Valley AI Summit Spurs $1.3B Deal as Hopin's $7.75B Virtual Events Dream Collapses to $50M Sale
The conference industry has shifted focus from selling big ideas to providing access, exemplified by the Cerebral Valley AI Summit's success in fostering major deals like a $1.3 billion acquisition. Meanwhile, virtual event platform Hopin, once valued at $7.75 billion, declined sharply post-pandemic, selling its business for about $50 million in 2023 as in-person meetings resumed.
Governor Newsom Signs Legislation Limiting Medical Billing in Uber Rideshare Accident Lawsuits Amid Ongoing Legal Battles
California Governor Gavin Newsom signed legislation limiting medical billing in rideshare accident lawsuits, avoiding a November conflict between Uber and state trial attorneys. Meanwhile, Uber continues its legal battle against two major Los Angeles law firms.
Uber Blows Through 2026 AI Coding Budget by April, Sparks $1,500 Monthly Cap on AI Tools
Uber exhausted its entire 2026 AI coding budget by April due to high token consumption from 5,000 engineers, leading to a $1,500 monthly cap per tool. Following Uber, companies like Walmart, Amazon, and Cisco implemented similar AI usage controls as AI operations tooling evolves to manage costs and governance.
