Tag Archives: TechCrunch

Following the UK government’s announcement last week that it plans to host a “global” AI safety summit this fall, prime minister Rishi Sunak has kicked off London Tech Week with another tidbit of news — telling conference goers that OpenAI, … Continue reading →

Despite some typically British (or, more accurately, English) doom-mongering about the UK’s VC ecosystem lately, there’s no denying it’s capability for re-invention. Witness Moonfire’s recent new $115 million fund, IQ Capital’s $200 million fund, and Seedcamp’s new $180 million fund. … Continue reading →

Nasdaq today revealed that it’s doling out $10.5 billion to acquire Adenza, a company that develops risk-management and related regulatory software for the financial services market. The megabucks deal, which constitues an even mix of cash and stock, will extend … Continue reading →

Percepto, a drone startup that is building a sizable business with its software and hardware for industrial drone applications, is today announcing a big round of funding to take its operations to the next level — both literally and figuratively. … Continue reading →

A former executive of Samsung Electronics allegedly stole the memory chip juggernaut’s confidential semiconductor data to build a copycat chip facility in China, South Korean prosecutors said on Monday. The 65-year-old defendant, who also previously worked for Korean chipmaker SK … Continue reading →

US VC giant Andreessen Horowitz — which has about $35bn in assets under management — is to open its first (yes, the first) international office in London, led by one of the firm’s general partners, Sriram Krishnan. The office will … Continue reading →

Nigerian communications platform-as-a-service startup Termii has raised $3.65 million in new financing, bringing its total funding to date to slightly $5 million. According to CEO Gbolade Emmanuel, in a chat with TechCrunch, the funds are not needed for operational activities … Continue reading →

Meet Djust, a French startup that essentially wants to build an e-commerce platform like Mirakl, but focused exclusively on business-to-business (B2B) activities. The company recently raised a $13 million funding round (€12 million). NEA is leading the most recent funding … Continue reading →

Acquired by HSBC in an emergency sale for just £1 in March as SVB was melting down, SVB UK is now getting a rebrand and expansion under its new owner. Today the banking giant launched HSBC Innovation Banking, a new … Continue reading →

Nio, one of China’s homegrown Tesla challengers, has slashed the prices of all its models by 30,000 yuan ($4,200), the NYSE-listed premium electric vehicle upstart announced on Monday. The news came as EV makers enter a price war in the … Continue reading →