#140m

Heron Power, founded by former Tesla executive Drew Baglino, announced on Wednesday that it has raised $140 million to build gigawatts worth of solid-state transformers for data centers and the grid. It’s a fast turnaround for the startup, which raised a $38 million Series A in May. Baglino said Heron Power didn’t need the money, but after customers expressed interest in buying more than 40…

Heron Power, established by ex-Tesla executive Drew Baglino, revealed on Wednesday its success in securing $140 million. This capital infusion is earmarked for the construction of gigawatts of cutting-edge solid-state transformers, intended for use in data centers and power grids. Such rapid progress is noteworthy for the fledgling company, having just completed a $38 million Series A funding…

Fal, a startup that hosts image, video, and audio AI models for developers, has announced that it raised $140 million Series D led by Sequoia, with participation from Kleiner Perkins, Andreessen Horowitz and other investors. The round, which was Fal’s third fundraise this year, valued the company at $4.5 billion, about three times what the company was worth when it raised its $125 million Series…

FOX Business’ Stuart Varney analyzes Europe’s strict speech rules under the Digital Services Act, the arrests tied to online posts and his warning against allowing European standards to dictate what Americans can say on social media. Elon Musk and Trump administration officials delivered blistering criticism of the European Union after its executive branch issued a $140 million fine against…

Elon Musk has called for the European Union (E.U.) to be abolished in response to the bloc’s issuance of a $140 million fine against his social media platform, X. He was joined in his fury by several top Trump Administration officials, who also lambasted the decision over the weekend. The European Commission announced a massive fine on Friday for several violations of the Digital Services Act…

IntrCity SmartBus, a tech-enabled intercity bus platform in India, has raised $30 million in funding to expand its network across smaller cities and towns in the South Asian nation. The all-equity Series D round, led by A91 Partners, values the Noida-based startup at $140 million post-money. Intercity travel is accelerating in India as more people migrate from smaller towns to metropolitan cities…

IntrCity SmartBus, a tech-enabled intercity bus platform in India, has raised $30 million in funding to increase its community throughout smaller cities and cities within the South Asian nation. The all-equity Sequence D spherical, led by A91 Companions, values the Noida-based startup at $140 million post-money. Intercity journey is accelerating in India as extra individuals migrate from smaller…

Sacramento Kings forward Keegan Murray has agreed to a five-year, $140 million rookie contract extension with the franchise, representatives Mark Bartelstein and Kyle McAlarney of Priority Sports told ESPN. Murray, the No. 4 pick in the 2022 NBA draft, secures a long-term extension to remain a key two-way wing in Sacramento through 2030-31. Murray hit the ground running with the Kings in his…