Eve Air Mobility Secures $150 Million In Debt Financing From Itau, Banco Do Brasil, Citibank And Mitsubishi UFJ Financial GroupEve Air Mobility, the urban air mobility spinoff of Brazilian aerospace giant Embraer, has raised $150 million in debt financing from a consortium of international banks, including Itau, Banco do Brasil, Citibank, and Mitsubishi UFJ Financial Group, to accelerate development of its electric vertical takeoff and landing (eVTOL) aircraft. The funding, which brings Eve’s total capital raised to $1.2 billion, will support research and development, urban air mobility integration, and regulatory partnerships through 2028. Eduardo Couto, Eve’s CFO, described the debt raise as a “significant milestone” and an endorsement of the company’s leadership in eVTOL. This comes after Eve’s successful first flight of its full-scale engineering prototype in December 2025, with certification and first deliveries targeted for 2027.
INVESTORS: Itau, Banco do Brasil, Citibank & Mitsubishi UFJ Financial Griup
AMOUNT: $150,000,000
HQ: Melbourne, Florida
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Emergent Raises $70 Million In Series B Round Led By SoftBank Vision Fund 2Indian AI startup Emergent, which builds a “vibe-coding” platform to help users design, build, and deploy web and mobile apps with minimal programming, has raised $70 million in a Series B round, tripling its valuation to $300 million just months after a $23 million Series A. The round was led by SoftBank’s Vision Fund 2 and Khosla Ventures, with participation from Prosus, Lightspeed Venture Partners, Together, and Y Combinator. Founded by Mukund Jha, Emergent now claims $50 million in ARR and more than 5 million users across 190+ countries, and plans to use the fresh funding to grow its team, accelerate product development, and expand further into the U.S., Europe, and India.
FOUNDER: Mukund Jha
INVESTORS: SoftBank Vision Fund 2, Khosla Ventures, Prosus, Lightspeed Venture Partners, Together, Y Combinator & Accel
ROUND: Series B
AMOUNT: $70,000,000
VALUATION: $300,000,000
HQ: Bengaluru, India
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D-Wave Quantum Inc. Acquires Quantum Circuits Inc. For $550 MillionD-Wave Quantum Inc. has completed a $550 million acquisition of Quantum Circuits Inc., positioning itself as the world’s first dual-platform quantum computing company, offering both annealing and gate-model systems. The deal, comprising $300 million in D-Wave stock and $250 million in cash, brings Quantum Circuits’ dual-rail qubit technology and founder Dr. Rob Schoelkopf on board as chief scientist. D-Wave CEO Dr. Alan Baratz called the acquisition a “watershed moment,” with the company planning to launch its first gate-model system in 2026 and scale to 1,000 qubits by 2028.
SALE PRICE: $550,000,000
D-Wave Quantum Inc HQ: Palo Alto, California
#VentureCapital #DWaveQuantumInc #QuantumCircuitsInc #TradedVC
Ultra Secures $11 Million In Series A Funding Led By Left Lane Capital And Notable AthletesUltra, the nicotine-free oral pouch startup founded by Eric Drymer, raised $11 million in a Series A funding round led by Left Lane Capital, with backing from athletes Joe Burrow, Dak Prescott, and Lindsey Vonn, as well as founders of brands like Harry's and Rockstar Energy. Launched in May 2025, Ultra combines paraxanthine, L-theanine, Alpha GPC, B vitamins, and ginseng extract to create a focus-enhancing alternative to nicotine pouches, and has already sold one million cans in its first six months. The new funding will support expansion into retail stores and the development of additional products targeting energy and sleep.
FOUNDER: Eric Drymer
INVESTORS: Left Lane Capital, Joe Burrow, Dak Prescott & Lindsey Vonn
ROUND: Series A
AMOUNT: $11,000,000
HQ: Brooklyn, New York
#VentureCapital #Ultra #EricDrymer #LeftLaneCapital #TradedVC