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Monthly Archives: June 2024
Paris-based VC Breega hits first close of $75M Africa fund to back pre-seed and seed startups
Paris-based VC firm Breega is launching a $75 million fund to invest in early-stage startups in Africa, with 70% of the capital already committed at the first close, the firm revealed to TechCrunch. Since entering the VC scene in 2015, … Continue reading
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PQShield secures $37M more for ‘quantum resistant’ cryptography
Malicious hacking is getting increasingly sophisticated, and that’s leading to a very clear trend in security technology. To keep people and organizations safe, security also has to continue advancing its own complexity. Security startup PQShield has gotten an early start … Continue reading
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Hero wants to save the day for companies facing a working capital crunch
Hero, a new fintech startup based in Paris, is announcing an €11.3 million all-equity funding round led by Valar Ventures ($12.2 million at today’s exchange rate). For the past couple of years, the company has been quietly building an ambitious … Continue reading
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Europe Scrambles for Relevance in the Age of AI
With chatbot and AI development largely coming from the US, some EU entrepreneurs and politicians say local champions are needed to prevent a cultural flattening.
Bitcoin and Ethereum Traders Flee Short-Term Bearish Trends, Rotating Funds To Alternative Cryptocurrencies
TLDR Bitcoin (BTC) bears expect a prolonged negative trend for the leading cryptocurrency. Market experts believe Ethereum (ETH) could dip below the $2,900 price mark. Rebel Satoshi (RECQ) offers more than 184% profits ahead of its official launch. Bitcoin (BTC) … Continue reading
General Catalyst makes India push with Venture Highway merger
General Catalyst, a Silicon Valley venture capital group, is expanding its presence in India by joining forces with a local venture firm and earmarking more than $500 million for investments in the world’s most populous nation. The U.S. venture capital … Continue reading
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First Baby Trump, Now TrumpCoin (DJT) Meme Coin Is A Top Trending Crypto
As the U.S. election approaches, a noticeable trend is emerging: Trump-inspired meme coins are gaining popularity. For instance, the Baby Trump meme coin recently surged in value, while $DJT is currently attracting attention with significant trading activity. However, Trump-themed tokens … Continue reading
Xbox Game Pass’ second wave of games for June starts with EA FC 24
EA Sports FC 24 headlines the second wave of games coming to Xbox Game Pass subscribers in June, as well it should — football fans are enjoying UEFA’s Euro 2024 tournament, and it will be winding up group play by … Continue reading
France leads the pack for Generative AI funding in Europe, London has 3X the number of GenAI startups
Like it or hate it, artificial intelligence – especially generative AI – is the technology story of 2024. OpenAI, with its rollouts of viral services like ChatGPT and billions in funding, may have gobbled up the lion’s share of attention … Continue reading
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OpenAI co-founder Ilya Sutskever announces his new AI startup, Safe Superintelligence
OpenAI co-founder Ilya Sutskever, who left the company in May, announced his new startup, which he’s calling Safe Superintelligence, or SSI.