Sources: AI legal software startup Legora is in talks to raise $400M at a $5B+ valuation, after raising $150M in October 2025 at a $1.8B valuation
As investors double down on the promise of automating legal work, the company is in talks to raise $400 million following two rounds in late 2025.LinkedIn:Iain MartinLinkedIn:Iain Martin:As investors ...
A profile of Edwin Chen, the CEO of Surge AI, a Scale AI rival that had $1.2B revenue in 2024, is profitable, and is reportedly raising $1B at a $30B valuation
This story appears in the October/November 2025 issue of Forbes Magazine. Subscribe — An alum of Google, Facebook and Twitter … X: @_iainmartin , @_pheebini , @richa_lq , @hellosurgeai , @forbes , ...
Plaud says it has sold 1M+ of its $159 NotePin AI recording devices since 2023, is profitable, and is on track to bring in $250M in annualized revenue in 2025
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Filing: TikTok's European revenue grew to $4.57B in 2023, up from $2.6B in 2022; losses grew to $1.3B, up from $512M YoY; ByteDance set aside $1B for EU fines
Iain Martin / Forbes : X: @_iainmartin X: Iain Martin / @_iainmartin : Bytedance has set aside the ten-figure sum to pay regulatory fines in Europe while facing a barrage of investigations and lawsui...
How Les Wexner, Victoria's Secret billionaire owner, made early investments in Atlantic Crypto, which then turned into CoreWeave, netting him a $720M stake
Forbes : X: @_iainmartin , @_iainmartin , and @hkanji X: Iain Martin / @_iainmartin : A 86-year-old retail billionaire (with a complicated legacy) might be one of the big winners from investing in th...
Bolt co-founder Ryan Breslow settles with investor Activant Capital, ending a lawsuit that accused Breslow of saddling the company with $30M in personal debt
Bolt's Ryan Breslow and investor Activant Capital have filed to settle their bitter lawsuit over Breslow's outstanding $30 million debt, which was swept from the company's bank account after he defaul...
A profile of Ryan Breslow, the founder of Bolt, whose $355M Series E in 2022 set off 18 months of acrimonious lawsuits and a showdown with early backer Activant
Forbes : X: @_iainmartin , @friedmandave , @lukejohnsonrcp , @leomschwartz , @sarahnemerson , @dannygroner , and @alexrkonrad X: Iain Martin / @_iainmartin : Ryan Breslow was dancing barefoot in a ge...
Documents: sanctioned Russian billionaire Roman Abramovich quietly invested $63M+ in European startups via London VC firm Target Global between 2015 and 2021
Venture capital fund Target Global managed tens of millions of dollars for Roman Abramovich and helped the now-sanctioned oligarch build … X: @hkanji , @_iainmartin , @_iainmartin , @giacomotognini , ...
Western intelligence officials say that former Wirecard COO Jan Marsalek, who fled to Moscow after nearly $2B went missing, was likely a Russian agent for years
Shortly afterwards, its chief operating officer Jan Marsalek boarded a private jet out of Austria, landed in Belarus, took a car to Moscow where he now he got a Russian passport under a fake name. … X...
Sources: EvolutionaryScale, founded by members of Meta's recently axed protein-folding team to build LLMs for biology, raised a $40M+ seed at a $200M valuation
Forbes : X: @_iainmartin and @kenrickcai X: Iain Martin / @_iainmartin : Meta shuttered it's AI project focused on protein-folding in April. Now that team have raised $40m to build new biological LLM...