Tootfinder

SEC filing: OpenAI invests ~$400M in its second startup fund, after it raised $175M for its first fund in 2021 from outside investors, including Microsoft (Sarah Klearman/Wall Street Journal)
https://www.wsj.com/pro/venture-capital/open…

Michael Roberts on why 'Rentier Capitalism' is a misleading understanding.
EU companies: a ‘capitalism of rent’? – Michael Roberts Blog
https://thenextrecession.wordpress.com/2026/07/20/eu-companies-a-capitalism-of-rent/

EU companies: a ‘capitalism of rent’?
Why is Europe falling behind in investment and growth compared with the US, let alone China and India?  In a new report, Labour Squeezed, Investment Stalled – the renowned economist Mariana Mazzuca…

Bank accounts held by President Donald Trump were closed by Capital One in 2021
-- after it flagged financial activity that had characteristics of money laundering, the bank disclosed in a court filing over the weekend.
The court filing is tied to a lawsuit filed against Capital One by one of Trump’s financial holding companies shortly after he was sworn into office a second time.
Trump alleges that Capital One illegally closed his accounts for political reasons, following …

Trump accounts at Capital One were closed in 2021 over money laundering concerns
Capital One closed President Donald Trump’s accounts in mid-2021 after flagging financial activity that resembled money laundering. The bank disclosed this in a court filing over the weekend. Trump has sued Capital One, alleging the closures were politically motivated following the Jan. 6 Capitol attacks. Capital One seeks to dismiss the lawsuit, stating the closures followed months of analysis by its anti-money laundering team. Trump has also sued JPMorgan Chase, claiming similar political m…

NYC-based Corridor, which uses AI to offer health benefits for small businesses, raised a $16M seed led by Bain Capital Ventures, following a $9M pre-seed (Brock E.W. Turner/Axios)
https://www.axios.com/pro/health-tech-deals/2026/09/21/corridor-25m-b…

Exclusive: Corridor launches with $25M from Bain Capital Ventures
Investors are pouring money into the tech-powered benefits market.

Quintessent, a startup making optical interconnects for data centers, raised a $40M Series A led by Cycle Capital, following its $11.4M seed round in 2024 (Maria Deutscher/SiliconANGLE)
https://siliconangle.com/2026/08/24/quintessent-bags-40m-to-de…

Quintessent bags $40M to develop lasers for AI clusters - SiliconANGLE
Quintessent bags $40M to develop lasers for AI clusters - SiliconANGLE

#CapitalOne Cites Money Laundering Review in #Trump-Related Suit https://finance.yah…

Independent of the very serious issues raised in this article, it highlights the fact that a #capitalist-driven economic strategy creates winners (the source of capital) and fails to respond to evolving threats, this leaving manufacturing vulnerable - by extracting every milligram of available profit out of existing plants, and failing to upgrade plant and equipment - because, after all, capital …

EU faces 300,000 factory job cuts as China ‘colonises’ supply chains, industry warns
Protest using 10 coffins to symbolise struggling manufacturing industry to take place in Brussels

Independent of the very serious issues raised in this article, it highlights the fact that a #capitalist-driven economic strategy creates winners (the source of capital) and fails to respond to evolving threats, this leaving manufacturing vulnerable - by extracting every milligram of available profit out of existing plants, and failing to upgrade plant and equipment - because, after all, capital …

EU faces 300,000 factory job cuts as China ‘colonises’ supply chains, industry warns
Protest using 10 coffins to symbolise struggling manufacturing industry to take place in Brussels

Yep, sounds familiar. I can remember some genuinely terrifying landings. (it has been too long since I last flew in to Wellington, alas)
https://www.theguardian.com/world/2026/aug/20/weather-el-nino-nz-wellington-worlds-windiest-city

‘Like a seagull in a stiff breeze’: what it’s like flying into Wellington, the world’s windiest city
Anyone who has frequently landed in New Zealand’s capital has a hair-raising story to tell, and this year’s ‘super’ El Niño could only intensify the winds

Filing: ex-a16z partner Bryan Kim is forming venture firm Mido Capital; sources: he plans to raise ~$100M for a fund backing early-stage AI and other startups (Yuliya Chernova/Wall Street Journal)
https://www.w…