Stripe, SpaceX Investor Glade Brook Raises $515 Million for New Fund

Stripe, SpaceX Investor Glade Brook Raises $515 Million for New Fund

Glade Brook Capital Partners — an investment firm with stakes in SpaceX, Perplexity and other startups — has raised $515 million from investors for its fourth fund.

Stripe Acquires Orum for Undisclosed Amount

Stripe is acquiring payment orchestration startup Orum to enhance its real-time payments capabilities, including FedNow, RTP, and AI-driven instant payouts. Terms of the acquisition were not disclosed. The move follows Stripe’s earlier acquisitions of stablecoin platform Bridge and user data API company Privvy. The acquisition reflects Stripe’s broader strategy to lead in modern, fast, and seamless payment infrastructure amid growing global dema…