London-based Fresha has appointed country leads in Germany and Mexico and opened a Berlin office, three months after taking an $80m primary investment from KKR-managed funds at a valuation above $1bn. The company has raised $285m in total.
British AI chip designer Fractile is in talks to raise around $600m at a $6.5bn valuation, according to reports, three months after closing a $220m round. Lightspeed Venture Partners, Redpoint Ventures, Thrive Capital and Founders Fund are named among the prospective co-leads.
Revolut chief executive Nik Storonsky is in talks over a new incentive package that would hand him a fresh block of stock if the fintech reaches a valuation of around $500bn (€433bn), a milestone that sits far above the $115bn implied by its current secondary round.
