Author: TechBrunch

It is said that European VC has no firepower to compete with US VCs. Probably the further evidence of this view is that Berlin -based Cherry Ventures closed the latest funds for $ 500 million and were divided into early rounds and follow -on -rounds after Series B. Masu. A statement from cherry has built that ambition. We want to use this fund to build the first $ 1 trillion company in Europe. As a result, we called for a reversal of the “fate and darkness” story about European economy. It's great, but the evidence that European startups are currently…

The claim for Jen Keen's reputation is that she uses bacteria to raise shoes and adopts microorganisms to accumulate nanocellulose materials into the form of sneakers. But she is like that. “I feel like that kind of point is missing,” she told TechCrunch. “The fiber generated by bacteria -it is not a new thing.” That doesn't mean that her new startup does not use those same fibers -that's right -but it requires another tack. The modern synthesis, which is her startup, is still growing nanocellulose fibers using bacteria, but then harvests and processes them to create various ingredients. The new…

The generated AI model is that by combining a robust knowledge base and an appropriate model, it is possible to provide user services that depend on costly experts such as therapists and executive assistants. Demonstrated to the app developer. Fitness Company Whoop's original product, Rami Alhamad, has a similar view on his new app ALMA. The iOS app that starts for North America users today is an appropriate app with a calorie tracker and a nutrition guide with an AI layer on it. Image credit: Alma Alhamad believes that fitness apps like MyFitnessPal are boring nutritional tracking, and users need…

Taiwanese hardware manufacturers, Zyxel, have no plans to release patches for two aggressive vulnerabilities that potentially affect thousands of customers. The threat intelligence startup, GREYNOISE, warned last month that zero -day vulnerabilities that affected the Zyxel router were actively utilizing the Zyxel router. GREYNOISE stated that this defect would execute any command on an affected device, leading to a complete system compromise, data removal, or network invasion. According to GREYNOISE, it was discovered by Vulncheck by Vulncheck in the threat of the threat in July last year and reported to Zyxel the following month, but the manufacturer has not yet…

In just a few days, France holds an artificial intelligence action summit, where the head of state is gathering in Paris to meet a global technical leader. They will probably publish some large investments and diplomatic agreements focusing on the safety of artificial intelligence and the impact on the environment. Prior to the summit, the initial VC company Galion.exe, the growth investment company Revaia, and the advisory company Chasson Partners formed a team to create a France AI report to examine the current trend of Tech Ecosystem. At present, all eyes are in the United States and China, and the…

In just a few days, France holds an artificial intelligence action summit, where the head of state is gathering in Paris to meet a global technical leader. They will probably publish some large investments and diplomatic agreements focusing on the safety of artificial intelligence and the impact on the environment. Prior to the summit, the initial VC company Galion.exe, the growth investment company Revaia, and the advisory company Chasson Partners formed a team to create a France AI report to examine the current trend of Tech Ecosystem. At present, all eyes are in the United States and China, and the…

Hitachi Ventures had a $ 400 million dollar for the fourth fund, exclusively to TechCrunch. The size of the new fund is a voting for trust in various deep high -tech verticals. The vast portfolio of a corporate VC imitates a limited partner portfolio, such as energy, manufacturing, biotechnology, and AI. “We are open on other groundbreaking opportunities,” stated, Managing Director and CEO Stephan Gabriel. “There are many quantums, nuclear, life science, and space technology. Not so large -we have a clear view of things that excite us in these fields.” Hitachi Ventures continues to invest in Series A. “It's…

During the fourth quarter of SNAP's revenue calls on Tuesday, CEO's Evan SpieGel stated that the uncertainty surrounding the Tiktok's future had a positive effect on business. “We are not trying to get too many conclusions from some of the engagement lift we saw. [TikTok] The short period became dark. I think the overall environment of uncertainty is making a profit for our business, “he said. Among the attractive features that attract users to Snapchat, there is Spotlight. This works as an alternative to Tiktok. If many creators are already on the platform and Tiktok returned to the United States…

PowerHouse Venture Firm Andreessen Horowitz has confirmed that it has hired Daniel Penny as an investor. Penny was a former Marine Corps in a trial last year, discovered that the death of a homeless man on the subway in New York was criminally charged with negligence. After the man acted irregularly, Penny hugged him with a chalk hold, and was asserted that he had died later. This case was biased in the country. Penny does not have an investment background, but A16Z will train him, according to the internal statement obtained by the free press that broke the news. Penny…

ISRAELI SPYWARE MAKER PARAGON SOLUTIONS has confirmed that TechCrunch sells products to US governments and other unspecified allies. “Paragon recognizes the technology in global democratic groups, mainly the United States and its allies,” said Paragon's executive secretary of John Fleming on TechCrunch on TeachCrunch. Fleming also demands that all users agree on the conditions that all users clearly prohibit illegal targeting of journalists and other civil society. There is a zero tolerance policy for such targeting and ends the relationship with customers who violate the Terms of Use. ” These comments were made on Friday after claiming that PARAGON's spyware…