100m

• Port, an AI startup in cybersecurity, raised $100 million in its third funding round led by General Atlantic, achieving an $800 million valuation. • The funding supports expansion in cloud infrastructure protection technologies. • This round reflects investor confidence in AI-driven defenses against evolving cyber threats in the US market.

Rapper, jailed over Megan Thee Stallion shooting, alleges he was ‘knowingly’ housed with prisoner with violent historyThe rapper Tory Lanez, who is serving a 10-year prison sentence over the shooting of fellow hip-hop artist Megan Thee Stallion, has filed a federal lawsuit against California corrections officials, seeking $100m after being stabbed in prison.Lanez, whose name is Daystar Peterson, said in court papers that a fellow inmate at California correctional institution in Tehachapi stabbed him approximately 16 times on 12 May 2025 using a “home-made” shank. Peterson said he suffered stab wounds to his face, head, torso and back, resulting in “permanent scarring, along with two collapsed lungs”. Continue reading...

• Business banking startup Slash Financial announced $100 million in Series C funding at a $1.4 billion valuation, led by Ribbit Capital, Khosla Ventures, and Goodwater Capital. • The funds will accelerate development of its AI-driven back office for small and midsized online businesses. • Founded in 2020, Slash provides an autonomous finance platform, positioning it as a key player in fintech automation.