COGNICURRENT

Paulo Mendonça, leading the Swedish energy company Maha Capital, plans to increase oil production from 2,000 to 20,000 barrels per day at the PetroUrdaneta field in Venezuela after acquiring a significant stake in the joint venture with PDVSA.

Canadian securities regulators have introduced a pilot project allowing smaller public companies to report finances semi-annually instead of quarterly to reduce regulatory burdens.

The Polish Development Fund (PFR) is providing financial support to venture capital funds focusing on early-stage startups, particularly in sectors like quantum innovation, dual-use technologies, and artificial intelligence.

Sille Pettai, a board member and fund director at SmartCap, is leaving her position at the end of June.

A recent study reveals that female-founded start-ups in Germany continue to receive substantially less venture capital compared to those founded by men or mixed teams.

Ulixes Sgr and Lumen Ventures announce the launch of the Lumen II Venture Capital fund, targeting seed investments in various tech sectors with a target goal of 100 million euros.

Russian prosecutors are attempting to ban Alexander Galitsky's venture capital fund, claiming it is involved in extremist activities and seeking asset seizures.

The ČSNF fund has transitioned to a venture capital firm, leaving its investors without certain protections.

Margus Uudam argues that Estonia should focus on specific sectors for competitive advantage rather than trying to excel in all areas due to limited resources.

Eduardo Saverin, co-founder of Facebook, has an estimated wealth of $35.9 billion, making him the richest Brazilian according to Forbes' annual billionaire list.

The program "In the First Studio" features Margus Uudam discussing the factors impacting Estonia's economic growth.

The article discusses the intense industrial and financial competition between OpenAI and Anthropic in the field of artificial intelligence, emphasizing their significant valuation and revenue figures.

Starting in May, individual investors in South Korea will be allowed to freely trade venture capital funds like traditional stocks or ETFs, expanding investment opportunities in the sector.

Venture capital is expanding its focus beyond traditional tech startups to include everyday consumer goods and services.

Investor and cultural influencer Ari Tolppanen has passed away at the age of 72 due to a rapidly progressing illness, as confirmed by his wife.

The article discusses the need for Europe to focus on increasing venture capital investment in domestic companies rather than solely aiming to create a superstar exchange.

OpenAI has secured a record $110 billion in a single funding round, significantly increasing its valuation to $840 billion, backed by major tech firms like Amazon, Nvidia, and SoftBank.

Frankenburg Technologies has secured 30 million euros in funding to enhance missile manufacturing in Europe, led by the European venture capital fund 'Plural' and joined by Estonia’s state investment fund 'SmartCap'.

Cosan and Shell are in advanced talks to inject new capital into their Brazilian sugar and ethanol joint venture, Raízen, with a significant investment coming from BTG Pactual.

Nuclear fusion startups achieved a record number of funding rounds last year, raising the highest amount since 2021 as the sector moves closer to commercial viability.

Kavak, a Latin American platform for used cars, has raised $300 million in a funding round led by venture capital firm Andreessen Horowitz.

Global venture investments reached $512.1 billion last year, driven largely by significant funding in AI and machine learning in the United States.

In 2025, African startups successfully raised $3.9 billion through 506 deals, signaling a recovery in the continent's venture capital landscape.

Elikonos 3 S.C.A. SICAR and GR Pioneer Venture Capital Mutual Fund have announced their investment in Ribco S.A., a rapidly growing Greek company specializing in the design and manufacture of premium rigid inflatable boats (RIBs).

A German startup specializing in nuclear fusion is choosing to grow domestically rather than relocating to the United States, defying the trend of European founders moving to America for funding.

AI company Anthropic raised $30 billion in funding, increasing its valuation to $380 billion, highlighting a surge in artificial intelligence investments.

The South Korean government is promoting venture capital investment while securities firms increase their issuance of short-term promissory notes, raising concerns about liquidity risk due to asset-liability mismatches.

Kenya-based venture capital firm Delta40 has successfully raised $20 million to support early-stage startups across Africa, backed by prominent investors like the Soros Economic Development Fund and the Rockefeller Foundation.

Wealthy individuals are increasingly investing in Spanish industrial companies through venture capital, which has shown significant growth in recent years.

The global mergers and acquisitions market is expected to maintain its momentum into 2026 following a significant recovery in 2025, according to Bain & Company's Global M&A Report.

Gurhan Kiziloz successfully built his venture Nexus International, which generated $1.2 billion in revenue without relying on external venture capital investment.

To attract entrepreneurs from other countries, Mexico needs to remove excessive government requirements and strengthen venture capital, according to Juan José Güemes, president of the Entrepreneurship and Innovation Center at IE University.

Former Formula One world champion Nico Rosberg discusses his investment strategies in tech start-ups and defense through his venture capital fund.

Efforts to increase transparency and accountability in private equity and venture capital have stalled during the Trump administration.

Greece is recognized as the fastest growing startup ecosystem in Europe, achieving significant venture capital growth with over €730 million raised through 95 deals in 2025.

The venture capital firm MidEuropa is acquiring a majority stake in Optika Anda, a leading retail optical chain in Croatia, and plans to support its growth with investments alongside family representative Andrija Banović.