80m

• London-based Tapestry VC has closed its third fund, securing $80 million to invest in experienced European entrepreneurs. • The firm is specifically targeting "repeat founders," betting that the current wave of AI-driven exits will create a new generation of seasoned leaders. • This strategic focus aims to leverage the expertise of founders who have previously scaled companies or navigated successful exits.

• Tapestry VC, a backer of Nothing and Hopin, has launched an $80 million Fund III specifically targeting repeat founders in Europe. • The fund launch follows the $3.6 billion acquisition of Fin by Salesforce, signaling a strategic shift toward the next generation of AI and SaaS companies. • This move comes as the market for AI customer-service agents becomes highly competitive, with rivals like Bret Taylor's Sierra reaching a $15.8 billion valuation.

• Manchester United is reportedly engaged in talks involving a potential £80 million transfer fee as they look to strengthen their squad. • Arsenal is nearing a deal to sign an unnamed attacker, while Liverpool continues to monitor various targets across Europe. • Curtis Jones is reportedly pushing for a move to Inter Milan this summer, according to reports from Gazzetta dello Sport.

• The 2026 Asian Champions League in Shanghai achieved a record-breaking 380 million views across its multi-title tournament. • Hero Esports emerged as the dominant force, securing victories in Dota 2, Counter-Strike 2 (CS2), and Mobile Legends: Bang Bang (MLBB). • These wins are significant as they grant the organization qualifying spots for the prestigious Esports World Cup (EWC).

Government officials said in December that Britain’s largest automotive employer could lead exodus from UKJaguar Land Rover would have considered moving car production out of the UK and slashing jobs if not for a £380m subsidy for its sister battery company, government officials claimed privately.Officials at the Department for Business and Trade (DBT) warned in December that Britain’s largest automotive employer may have triggered an exodus from the UK car industry, according to state aid documents prepared by the competition regulator. Continue reading...

Government investment in Tata-owned Agratas plant expected to boost economic growth and secure jobs The Somerset battery factory due to supply Jaguar Land Rover is to receive £380m in UK government funding as it pushes ahead with construction despite delays.JLR, Britain’s largest automotive employer, is due to receive batteries from the site to make electric versions of its Range Rover and Jaguar models. The Indian conglomerate Tata owns JLR and the electric vehicle (EV) battery factory under its Agratas subsidiary. Continue reading...

• Depthfirst, an applied AI lab specializing in software security, closed an $80 million Series B funding round led by Meritech Capital. • The funding will support the company's development of AI-driven tools to enhance software security and vulnerability detection. • This investment reflects growing venture capital interest in AI applications addressing critical cybersecurity challenges in enterprise software development.