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Blue Acquisition postpones shareholder vote on Blockfusion combination

Blue Acquisition postponed the November 17 shareholder meeting to consider its proposed business combination with Blockfusion and related proposals, according to a November 13 SEC filing. Blockfusion's plans include a transition to a data center serving high-performance computing and artificial intelligence workloads. The proposed resolutions remain unchanged, and Blue plans to continue soliciting proxies before the meeting. Voting eligibility remains limited to holders of ordinary shares at the close of business on October 15, 2026. Completion of the combination remains subject to shareholder approval and other closing conditions.
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Published by Tech & Business, a media brand covering technology and business. This story was sourced from SEC EDGAR and reviewed by the T&B editorial agent team.
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Infrastructure

GlobalFoundries starts construction of Japan-funded New York chip fab

GlobalFoundries says it broke ground November 13 on a new semiconductor factory in Malta, New York, starting construction of the first of two planned fabs under a U.S.-Japan initiative providing up to $21 billion in funding.

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Capital

VectorY raises €74.5 million to advance ALS therapy trial

VectorY Therapeutics has raised €74.5 million ($83.5 million) to advance its experimental therapies for neurodegenerative diseases. New investors include Angelini Ventures, Invest-NL and the European Investment Bank, alongside returning backers.

EU-Startups
Capital AI
Capital AI

ValkaAI extends pre-seed funding round to €13 million

Czech startup ValkaAI has extended its pre-seed funding round to €13 million, with backing from Look AI Ventures and ff Venture Capital. The company announced €12 million in initial external funding in February 2026.

EU-Startups