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News & updates

Announcements, milestones.

Fund updates, portfolio news, and key milestones from across the Aspire11 platform.


  • 2026
  • Funds
    01 July 2026

    Ex-Speedinvest partner Rick Hao closes $50m solo GP fund for deeptech

    Rick Hao launched Ruya Ventures, a $50m solo GP fund backing deeptech founders globally with a focus on Europe and the UK — from batteries and semiconductors to robotics, AI and novel compute.

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  • Companies
    22 June 2026

    Baseten raises $1.5bn Series F at up to a $13bn valuation

    The AI inference platform tripled its valuation as model-serving demand compounds — a $13bn mark just months after its prior round.

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  • Funds
    04 June 2026

    byFounders closes oversubscribed €130m+ Fund III for the New Nordics

    The Copenhagen firm and early Lovable backer closed an oversubscribed Fund III to invest at pre-seed and seed across the Nordics and Baltics — deliberately staying small to protect ownership while peers super-size.

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  • Companies
    15 April 2026

    VAST Data closes ~$1bn Series F at a $30bn valuation

    The AI data layer closed ~$1bn at a $30bn valuation, underscoring how capital-intensive the data foundation for AI has become.

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  • Companies
    08 April 2026

    Vinted completes €880m secondary share sale at an €8bn valuation

    Europe's category-defining recommerce platform crossed an €8bn valuation as early backers and employees realised liquidity.

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  • Funds
    24 March 2026

    Credo Ventures raises $88m Fund V to invest at pre-seed across CEE

    The Prague- and Krakow-based first-cheque investor behind UiPath and ElevenLabs will deploy $1–5m into ~30 pre-seed companies from Central and Eastern Europe and its diaspora.

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  • Funds
    04 March 2026

    Backtrace closes Fund I at €50m to back Europe's tech infrastructure founders

    The Munich firm reached a final close on its €50m Fund I, investing at pre-seed and seed in the "picks and shovels" beneath modern software, AI and hardware — from developer tooling and security to novel compute and semiconductors.

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  • Companies
    15 February 2026

    ElevenLabs raises $500m Series D at an $11bn valuation

    The voice-AI leader raised $500m at $11bn, extending its lead in generative audio across enterprise and consumer.

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  • 2025
  • Companies
    15 December 2025

    Databricks raises over $4bn Series L at a $134bn valuation

    The data and AI platform raised over $4bn at a $134bn valuation, with a $4.8bn revenue run-rate growing 55% YoY ahead of an expected IPO.

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  • Companies
    15 November 2025

    Revolut completes share sale at a $75bn valuation

    Revolut's secondary established a $75bn valuation, cementing its status as Europe's most valuable fintech.

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