The startup ZeroAvia, focused on developing clean aviation technologies, is actively seeking to raise approximately $150 million in a new funding round. This funding is intended to facilitate the commercial launch of the world’s first hydrogen fuel cell engine. CEO Val Miftakhov reported ongoing negotiations with potential strategic and financial investors as the company aims to finalize its Series D funding round.

British quick delivery startup Zapp is planning to broaden its reach by launching services in Dubai later this year. This move comes as part of a strategy to enter the increasingly competitive Middle Eastern market, which has been attracting significant investments in the logistics and rapid delivery sectors.

Anysphere Inc., the startup behind the popular AI-based code editor Cursor, is on the verge of a significant financial transformation. The company is in active negotiations to secure hundreds of millions of dollars from investors, with a valuation nearing $10 billion. Discussions are still ongoing, and the details of the deal remain confidential.

Forge Nano Inc., a materials science startup that originated from the University of Colorado Boulder in 2013, has announced its initiative to raise up to $900 million in new funding. This news has sparked significant interest in the startup and investment community, reflecting the increasing focus on innovations within materials science and technology.