How to insert a text at the beginning of a file?

sed can operate on an address:

$ sed -i '1s/^/<added text> /' file

What is this magical 1s you see on every answer here? Line addressing!.

Want to add <added text> on the first 10 lines?

$ sed -i '1,10s/^/<added text> /' file

Or you can use Command Grouping:

$ { echo -n '<added text> '; cat file; } >file.new
$ mv file{.new,}