Author: TechBrunch
As funding flows into deep tech to tackle tough global problems like climate change, PhD entrepreneurs from Europe's top universities and labs are increasingly turning their research into companies. . One example is Diamfab, a French spinout founded in 2019. Co-founders CEO Gauthier Chicot and CTO Khaled Drish both have PhDs in nanoelectronics, are prominent researchers in the field of semiconductor diamonds, and are French National He left the Neil Institute, a laboratory of the National Center for Scientific Research (CNRS), and obtained the following two licensed patents. their belts. Since then, Chicot and Dreich have registered more patents and…
Alex Chatzieleftheriou founded Blueground in 2013, frustrated by the lack of short-term furnished apartments in Europe. He was traveling as a consultant for McKinsey & Co., and had been living mostly in hotel rooms for months. “At one point, the company had to pay up to 15,000 euros for a hotel room in Amsterdam, and there was neither enough space nor a kitchen to cook,” he said. “I tried renting an apartment for more than a month. But it was difficult and the landlord was not willing to buy furniture. So I started my own business to solve the problem.”…
Businesses and other large organizations have long been lucrative and obvious targets for cybercriminals, but in recent years, small and medium-sized businesses have become more common targets as well, thanks to more sophisticated breach techniques and the rise of AI. became. Now, Coro, one of his startups that builds specialized tools for small and medium-sized businesses, has announced a major funding round after its recurring revenue soared 300% last year. I am. Raised $100 million in Series D round. Sources close to the deal told TechCrunch that the valuation is valued at more than $750 million post-cash. While New York-based…
Have you noticed a huge gap between consumer and business apps on your phone? Consumer apps are beautifully designed and easy to use, while business apps are just plain hard to use. A European startup is developing a series of B2B apps designed to be mobile-first, as mobile phones have become the primary computer for most people. And they call their company Mobile First Company. When you download an app from this company, you can create an account from your phone (which isn't always the case with B2B apps) and expect to be able to do everything from the device…
Byju secured favorable outcomes in two court hearings on Thursday, paving the way for the beleaguered edtech startup to move forward with an extraordinary general meeting scheduled for Friday. The National Company Law Tribunal on Thursday refused to postpone Byju's planned EGM, where the Indian startup seeks to increase its authorized share capital to enable a $200 million share subscription issue. The Companies Court said the matter would be heard again on April 4. A lawyer representing the four estranged investors in Byju's pointed out that once the authorized share capital has been increased, it cannot be reinstated. Byju's investor…
Climate change technology venture Satgana has reached the final deadline for its first fund, which aims to support up to 30 early-stage startups in Africa and Europe. The VC firm received commitments from family offices and high-net-worth individuals such as Publicis Groupe's Maurice Levy and Back Market co-founder Thibaut-Hugues de Larose, which ultimately raised £8m ( Achieved $8.6 million in funding. Romain Diaz, founder and general partner of Satgana, told TechCrunch that the company closed the fund earlier than its original target due to an even more challenging fundraising environment for novice fund managers, and that the company was unable…
StealthMole, an AI-powered dark web intelligence startup specializing in cyber threat monitoring and cybercrime detection, announced Thursday that it has raised $7 million in a Series A funding round. The startup, which is headquartered in Singapore and has an R&D office in South Korea, will use the new capital to establish additional R&D centers and pursue more commercial use of its technology in the B2B space and geographic expansion. We plan to support it. “Having an R&D office in South Korea gives us important insight into how hackers in East Asia operate,” said Simon Choi, StealthMole's CTO. told TechCrunch. “Similarly,…
By any benchmark, Accel is one of India's top venture companies. Accel's track record with nearly 20 Indian unicorn startups, including several category leaders, speaks for itself. But still, the partners leading the company's early-stage accelerator program, called Atoms, are unusually reflective about what they've learned and the changes they've made to improve their chances of success. “One of the fundamental beliefs we have is that at some point, all VC firms look the same to the founders. It's just money,” says Prayank Swaroop, partner at Accel. he said in an interview. Also, all VC firms in recent years have…
Amazon on Wednesday invested an additional $2.75 billion in growing AI powerhouse Anthropic, taking over the option it left in September last year. I wonder if the $1.25 billion he invested at the time is paying off, or if he realizes he doesn't have any other horses to back it up. The September deal invested $1.25 billion in the company in exchange for a minority stake and certain retaliation deals, such as Anthropic, to continue using AWS for a wide range of computing needs. Amazon reportedly had until the end of the first quarter to decide whether to increase its…
LinkedIn is testing a new short-form video feed similar to TikTok, the company confirmed to TechCrunch on Wednesday. With this new test, LinkedIn joins a number of other popular apps, including Instagram, YouTube, Snapchat, and Netflix, which have launched their own short-form video feeds in response to TikTok's growing popularity. The feed was first discovered by Austin Null, director of strategy at influencer agency McKinney. Null is the new app's navigation bar[ビデオ]We posted a short demo on LinkedIn that showcases the new feed you'll see in your tabs. When you tap the new video button, you'll see a vertical feed…