Crystal Sonic wins Lam Capital venture competition with $250K investment
[ad_1] Time's almost up! There's only one week left to request an invite to The AI Impact Tour on June...
MARS doubles down on India’s Infra.Market with new $50M investment
[ad_1] Infra.Market, an Indian startup that helps construction and real estate firms procure materials, has raised $50 million from MARS...
AI translation unicorn DeepL reaches $2B valuation with new $300M investment
[ad_1] DeepL, the Cologne-based unicorn that has been rivalling machine translation giants such as Google Translate, today announced a new...
France rides AI wave to secure €15B in foreign investment
[ad_1] France has secured €15bn in foreign investment from the likes of Microsoft and Amazon as part of this year’s...
Accel leads $4M investment in Egyptian corporate cards platform Swypex
[ad_1] Cards are gaining ground in Egypt, with over 30 million in circulation (prepaid cards, particularly, are seeing more use...
Microsoft’s billion-dollar OpenAI investment was trigged by Google fears, emails reveal
[ad_1] Microsoft invested $1 billion in OpenAI in 2019 because it was “very worried” that Google was years ahead in...
European startups rejoice — VC investment is on the rise again
[ad_1] New data published today by Dealroom reveal that European VC investment rose 5% year-on-year for the first quarter of...
Google will outpace Microsoft in AI investment, DeepMind CEO says
[ad_1] We have all been guilty of falling under the foundation model spell of the past year-and-a-half, initiated by OpenAI’s...
Climate tech heavyweights EQT, Contrarian launch investment ‘playbook’
[ad_1] More than 50 European VCs and startups have joined forces to launch Climate Brick — a new community designed...
Uber leads $100M investment in African mobility fintech Moove as valuation hits $750M
[ad_1] Moove, an African mobility fintech that offers vehicle financing to ride-hailing and delivery app drivers, has raised $100 million...
New report confirms Europe’s tech investment doldrums, but there are signs of life
[ad_1] Europe is suffering from a big hangover after the tech investment party of the 2020-2021 period. That said, compared...
Techstars CEO defends changes, says physical presence in a city is not necessary for investment
[ad_1] Earlier this week, accelerator group Techstars announced changes to its operations. But what was planned internally to be an...
How startups can win the 2024 investment race
[ad_1] Until now, generative AI has been akin to fairy dust — just sprinkle it in your pitch, and investors...
Europe outpacing US on quantum investment, report finds
[ad_1] US-based VCs are holding tight to a large amount of cash as they navigate a capricious startup environment and...
Tech spending forecast to boom in 2024 – and these are the areas set to see the most investment
[ad_1] New forecasts from Forrester have projected a healthy 5.3% growth in technology spend for 2024, a significant boost over...
Investment in India is in free fall
[ad_1] Welcome to Startups Weekly. Sign up here to get it in your inbox every Friday. You shouldn’t compare apples...
British International Investment backs India’s Aye Finance in $37M funding
[ad_1] Aye Finance, an Indian startup that offers its digital lending platform to small firms, has raised $37.18 million in...
Climate tech gets 70% of ‘built world’ VC investment, report finds
[ad_1] We have all seen the gloomy headlines over the past week. VC funding for European tech startups will have...
TikTok pledges €12B European investment as Norway data centre nears completion
[ad_1] TikTok has promised to invest €12bn as part of an ongoing push to appease European regulators, who have raised...
India’s EMotorad rides high with $20M investment for global e-bike push
[ad_1] EMotorad, an Indian startup manufacturing electric bikes, raised $20 million in a Series B round as it aims to...
