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The latest funding news, distilled by AI into sharp ~100-word summaries. ByteBrief tracks funding across dozens of tech sources and brings you only what matters, updated hourly. Tap any story for the full brief, or open the original source.

Lovable is in talks to raise funding at a $12B valuation. The startup's valuation rises from $6.6B in December 2025. It reached $400 million in annual recurring revenue earlier this year. The new fundraise would almost double its prior valuation.

Bitcoin bears hold $2.6 billion in short positions as price falls to $61,100. A 21% drop from $63,000 to $61,100 builds bearish leverage. A rally to $66,000 would trigger liquidation of $2.6 billion in shorts. Negative funding rate at -2% shows bears are confident. The potential squeeze could revive buyer confidence after 13 days of ETF outflows.
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