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The UK Space Agency has announced £7.4 million in funding for several global space projects. This funding will help the UK play a part in upcoming space exploration while keeping costs quite low.

The government of the UK has announced an AI Diagnostic Fund of £21 million to provide AI tools to aid medical procedures and diagnoses in patients across the National Health Services.

Alphabet's investment firm, CapitalG, has provided AI market intel firm, AlphaSense, with $100 million in funding. Part of the money will be used to integrate an LLM to leverage AlphaSense's data.

Virgin Orbit is laying off 85% of its workforce after it was unable to secure funding. This means 675 people will lose their jobs. The redundancies will likely be completed by April 3.

The U.S. government has denied the Army's request to purchase almost 7,000 HoloLens headsets for $400 million following some poor on-field test results including nausea and headaches for soldiers.

MSI has confirmed that there is indeed a funding-related issue due to the ongoing Russia-Ukraine conflict. As a result, the development of the extremely popular MSI Afterburner tool has been stalled.

The UK government has announced nearly £2 million worth for tech startups focused to make better transport systems such as AI based camera technology, 5G drones, magnetic rail traction, and more.

Elon Musk has said that SpaceX will continue funding Starlink's operations in Ukraine indefinitely. This comes after SpaceX wrote a letter to the Pentagon asking to pick up the tab for its operations.

Amazon has begun funnelling $150 million through venture capital funds to businesses run by under-represented people. It hopes the effort will help grow these businesses and provide new jobs.

In an effort to raise funds for the ongoing armed conflict, the Ukrainian government has indicated that it will 'offer' Non-Fungible Tokens (NFTs). The govt. has canceled plans to issue airdrops.

Microsoft subsidiary M12, a venture fund, has helped Palm NFT Studio raise $27 million in Series B funding. M12 said NFTs will help to unlock Web3 which will have several advantages over Web2.

American video game company Epic Games has announced that it has raised $1 billion during the latest round of funding. The funding was led by Sony Corporation that invested $200 Million in Epic Games.

HMD Global has announced that it has closed its latest round of funding after raising $230 million. With the capital, it plans to grow in new markets and become a "holistic mobile service provider".

The UK government has announced £30 million in funding to help innovative projects that utilise 5G technologies. A second round of funding for projects has been mentioned with details due in Q3 2020.

The UK government has announced £20 million in funding for technology that will help make the country more resilient against outbreaks of diseases such as COVID-19. Each project can get up to £50,000.

Less than a month after the company's stock crossed the infamous value of $420, Tesla has now become the first publicly listed U.S. car manufacturer to reach $100 billion in extended trading.

Grammarly, the company which created the popular AI-powered writing assistance tool, has reached a new milestone. In the latest funding round, the company managed to raise $90M in investments.

Huawei's research and development arm, Futurewei, has sandboxed itself from Huawei in a bid to mitigate the damaging effects of the U.S. government's actions against the Chinese phone maker.

Reddit has announced a new funding round that granted the company $300 million, half of which come from China's Tencent. Reddit is now worth $3 billion, a major jump from $1.8 billion in 2017.

Light says the investment will allow the company to introduce its camera tech to other applications beyond smartphones such as security, robotics, automotive, aerial imaging, and more.

The team management startup said the new funding will be used for its efforts to develop more product integrations and expand its global footprint. Monday.com has offices in Tel Aviv and New York.

After the Brexit vote, many predicted that Venture Capital would dry up, with the UK leaving the single market. It seems like these predictions were wrong, with a rise in technology funding.

Scrybe, the online/offline calendar and organizer, has closed their series A round of financing from Adobe Systems Incorporated and LMKR. You'll probably recognize the company from the somewhat viral product demo that swept the blogosphere...