Unrushed Ledger

Companies move fast. Understanding them shouldn't.

A record of 188 companies and 92 investors across 25 countries: what they raised, who backed them, and what changed.

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1.0 The discipline

Three rules decide what gets written down

They are the difference between a record and a feed: what the ledger refuses to do is what makes the rest worth reading.

Fig 0.1

Sourced

Every figure carries the publication it came from. A number with no source is omitted, not estimated.

Fig 0.2

Undisclosed says so

When a company doesn't disclose, the ledger says undisclosed rather than guessing at a range.

Fig 0.3

Stale is marked

Figures older than twelve months render muted, with their age. A four-year-old valuation never dresses as a current one.

2.0 The record

Not a sample. The actual feed

These rows are whatever arrived most recently, read from the same file the app reads. If they look quiet, that is what a record looks like.

Latest in the ledger

Live

  1. OpenSSH

    Attackers began exploiting the SSHhole authentication bypass in OpenSSH, CVE-2026-123158, less than 24 hours after public disclosure, with crypto-miners and IoT botnets getting in using passwords longer than 256 characters.

    Risky Business News

  2. Gnosis Pay

    Gnosis Pay said its monitoring systems detected unauthorized access on November 3 to the system powering its consumer cards, a platform already due for retirement on December 20, and CoinDesk reported the stolen data included names, full home addresses, card numbers and every linked crypto wallet address.

    PYMNTS

  3. LG AI Research

    LG AI Research opened K-EXAONE 2.5, a 750-billion-parameter model with 31 billion active per token and a 524,288-token context window, through an API its changelog says is free for now, and has published no open weights for it, unlike the Apache 2.0 release of K-EXAONE 2.0.

    FourWeekMBA
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3.0 What's inside

Files in a repository, not rows scraped from somewhere

Every count below is a file a person can open, diff, and blame. The repository is the database.

188

Companies

92

Investors

25

Countries

802

Sourced items

4.0 Cadence

Four routines, each at the pace its subject moves

Nothing here is scraped in bulk. Scheduled research runs read primary sources and commit what they can cite, no faster than the news deserves.

Tech

Daily

The most perishable thing here: a model launch is stale in two days, so it reports what happened since yesterday.

Investments

Twice weekly

Rounds stay newsworthy for days, and what the ledger wants is the figure, not the scoop.

Science

Twice weekly

Nature and Science publish weekly. A daily science digest would be padding by Wednesday.

Refresh

Weekly

Re-verifies the twelve oldest figures on display and opens a pull request a person reads.

The three digests only add, so they publish themselves. Refresh edits figures already on record, so it opens a pull request and waits. A wrong number is a bug that looks like a fact.

Sign in

Accounts aren't wired up yet. The ledger is open while it's being built, and signing in is where it will start when they are.

No account needed

The feed, the companies, the investors and the first-cheque terms are all open. Read the record before deciding whether you want one.

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