Revolut's $115bn valuation comes from a secondary sale giving employees liquidity, not new capital, at a 53% premium to last year.
Return secures €835m in portfolio financing from Deutsche Bank and Rabobank to expand German batteries, targeting 1GW per year from 2027.
Titan OS's $46m Barcelona package mixes Highland Europe and Mangrove equity with BlackRock-managed credit, leaving installations and monetization as separate tests.
Revolut confirms $115bn valuation in secondary sale
Funding and deals
Revolut. Confirmed a $115bn valuation in a secondary sale, 53% above last year. Buyers bought existing shares, so no new money came in. Staff gained liquidity.
Return. Amsterdam battery company that raised €835m in portfolio financing from Deutsche Bank and Rabobank to expand in Germany, not a venture round.
Titan OS. Barcelona smart TV operating system that raised $46m in equity from Highland Europe and Mangrove plus credit from BlackRock funds, with the split undisclosed.
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