Bondaval raises $15M Series A for its alternative to traditional bank guarantees

Bondaval, the London-based B2B insurtech that gives credit teams assurance that customers will fulfill their financial obligations, has raised $15 million in Series A funding led by Talis Capital. The round included participation from returning investors Octopus Ventures, Insurtech Gateway Ltd, Truesight and Expa, and new investors FJ Labs and Broadhaven Ventures. Talis Capital general … Read more

Oxyle’s tech uses water movement to remove pollutants

UNESCO calls water pollution one of the main challenges facing societies, with 2 million tonnes of sewage entering the world’s water each day. Oxyle wants to help solve the crisis with a new wastewater treatment that removes micropollutants. The Zurich-based startup announced today $3 million in pre-seed funding that it will use to bring its … Read more

Shield AI raises another $60M at a $2.3B valuation for its military autonomous flying tech

Defense technology continues to get a lot of attention from investors, and today, one of the bigger startups in the space is announcing more funding. Shield AI — which develops platforms and planes for autonomous flying systems, targeting the U.S. military and its allies as customers — has raised $60 million in funding, money that … Read more

Sam Bankman-Fried is denied bail in the Bahamas

Illustration: The Verge Sam Bankman-Fried, founder and former CEO of FTX, was denied bail on Tuesday after a Bahamian judge deemed him a flight risk, according to Reuters. An extradition hearing is scheduled for February 8th. Bankman-Fried, nicknamed “SBF,” was arrested in the Bahamas Monday evening after US prosecutors informed the Bahamas of sweeping criminal … Read more

Daily Crunch: US law enforcement charges SBF with fraud as he awaits extradition after Bahamas arrest

To get a roundup of TechCrunch’s biggest and most important stories delivered to your inbox every day at 3 p.m. PDT, subscribe here. Why, hello there, Crunchianistas! Today, Haje is waltzing around the house, candle in hand, celebrating Saint Lucia. Honestly, not because he’s that excited about the traditional Scandinavian celebration or the excitement about … Read more