Rocket Lab's Electron rocket lifts off in the company's first commercial launch.

Rocket Lab raises $140 million to fast-track business of small rockets

Rocket Lab’s year began with reaching orbit, and the company has not slowed down since. The company doubled its global workforce to 330 employees, with Spice joining as CFO earlier this year after nearly 20 years in the semiconductor industry. He has done about 60 acquisitions in his career, which Spice said is one of […]

Report on informatics systems in NHS Wales raises "alarming findings"

Report on informatics systems in NHS Wales raises “alarming findings”

The Welsh Assembly Public Accounts Committee (PAC) has questioned the “competence, capability and capacity” across the system to digitise healthcare services in Wales after an inquiry uncovered a “raft of problems”, from delays in the delivery of digital projects to “unclear” lines of accountability. The committee found that there had been 21 outages of national systems […]

Dara Khosrowshahi, chief executive officer of Uber, looks on following a 2018 event in New Delhi, India.

Uber raises $2 billion in debut junk bond sale ahead of IPO

Anindito Mukherjee | Getty Images Dara Khosrowshahi, chief executive officer of Uber, looks on following a 2018 event in New Delhi, India. Uber has raised $2 billion in a junk bond sale, according to a report, as it gears up for its 2019 stock market debut. The ride-hailing firm raised $1.5 billion through the sale […]

Huel makes vegan, powdered meal replacements, catering to people who "deem themselves time-poor" but want healthy, environmentally sustainable meals.

Snowflake raises $450M; Dragonfly launches a crypto fund

Data warehousing company Snowflake raised $450 million in new funding, led by Sequoia Capital. The company builds data warehouses specifically for cloud use and counts Netflix and Office Depot among its clients. The latest round brings Snowflake’s total amount raised to $923 million and its valuation to $3.5 billion, the company said. SmileDirectClub, which produces […]

Nicole Eagan, chief executive of DarkTrace, speaks at a conference in San Francisco, California, U.S.

Cybersecurity startup Darktrace raises $50 million in Series E funding

David Paul | Bloomberg | Getty Images Nicole Eagan, chief executive of DarkTrace, speaks at a conference in San Francisco, California, U.S. British cybersecurity start-up Darktrace has raised $50 million in a funding round that values the firm at $1.65 billion. The investment, announced on Thursday, was led by European private equity firm Vitruvian Partners […]