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UK-based Mercia Ventures, an active venture capital investor, on Wednesday, announced the completion of a £60M (approximately €70.1M) fundraising by the three Northern Venture Capital Trusts, an integral part of Mercia’s third-party funds under Management. With assets under management totalling approximately £1.5B, Mercia is a proactive and regionally focused specialist asset manager. The Northern VCTs, […]
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Silicon Canals
Drake's company Frozen Moments has filed a petition claiming that Universal Music Group and Spotify falsely boosted Kendrick Lamar's "Not Like Us." Read more ›
2,539 fresh
The Tesla CEO went after the F-35, calling crewed fighter jets "obsolete in the age of drones," but uncrewed technology isn't there yet. Read more ›
1,473 fresh
The crypto website that played host to the worst the internet had to offer has shut down its video component. Read more ›
660 fresh
Elon Musk's critique of the F-35 sparks debate on manned fighters vs. drones and raises questions about where he'll look to make cuts with DOGE. Read more ›
638 fresh
The next live-action Star Wars show is coming hot, a day earlier than planned. Read more ›
637 fresh
I took my girlfriend to Morocco for her 40th birthday. We stayed at five-star hotels and did everything we wanted, but with points, I only paid $250. Read more ›
583 fresh
Martha Wells created one of the most iconic characters in 21st-century science fiction: Murderbot, reluctant savior of humanity. Then she faced an existential threat of her own. Read more ›
454 fresh
A Stanford study of over 50,000 software engineers across hundreds of companies has found that approximately 9.5% of engineers perform minimal work while drawing full salaries, potentially costing tech companies billions annually. The research showed the issue is most prevalent in remote work settings, where 14% of engineers were classified as "ghost engineers" compared to 6% of office-based staff. The study evaluated productivity through analysis of private Git repositories and... Read more ›
374 fresh
Nvidia CEO Jensen Huang expresses confidence in the resilience of global collaboration. President-elect Trump’s potential tariffs on Taiwanese semiconductors could disrupt supply chain. Nvidia’s CEO Jensen Huang believes that global tech collaboration will remain strong, even as the US considers stricter policies on advanced computing products. During a recent visit to Hong Kong, Huang addressed... Read more » Read more ›
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The console has already sold over 30,000 units on Amazon. Read more ›
363 fresh
Threads is testing new features to compete with Bluesky, which is winning over millions of new users. Read more ›
356 fresh
British Airways unveiled its new first-class cabin as part of an ongoing transformation. Couples can sit together in the new setup. Read more ›
349 fresh
I used my savings and a $15,000 gift from my mom to temporarily move to Italy in my 30s. I learned so much during my "adult gap year" abroad. Read more ›
348 fresh
A Russian deserter who guarded nuclear weapons gave the BBC a rare glimpse into the paranoia and surveillance at a top-secret nuclear base. Read more ›
339 fresh
Miss Nigeria Chidimma Adetshina told BI she wasn't offended by Miss Universe CEO Anne Jakrajutatip's comment that the pageant doesn't need to evolve. Read more ›
339 fresh
Iconic PS1 survival horror Dino Crisis was released on PlayStation last month, but was only available for PS Plus Premium subscribers. Read more Read more ›
336 fresh
Known for his perfectionism and total dedication to Elon Musk, Omead Afshar has emerged as one of Tesla's most powerful executives. Read more ›
334 fresh
Black Friday is a great tine to be a gamer. Enjoy a massive array of the best PS5 deals and save big on the console, games and accessories. Read more ›
333 fresh
Silicon Canals
Stockholm-based Candela, a company specialising in hydrofoiling electric boats and ferries, has finalised its Series C funding round, raising an additional $14M (approximately €13.34M) to surpass $40M in total funding for 2024. The capital will support scaling production to meet growing demand for its electric watercraft, including the Candela P-12. The P-12 has been sold ... Read more Read more ›
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London-based Lighthouse, a commercial intelligence platform for the travel and hospitality industry, has secured nearly $370M (approximately €351.83M) in Series C growth funding. The company has achieved “unicorn” status with this round. The investment, led by global investment firm KKR, is backed by its Next Generation Technology III Fund. Existing investors, including Spectrum Equity, F-Prime ... Read more Read more ›
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Amsterdam-based Mews, a company specialised in hospitality technology, on Thursday, announced that it has acquired Gothenburg,-based Atomize, the Revenue Management Software (RMS) provider. “We couldn’t be more excited about being part of the Mews family,” says Alexander Edström, CEO of Atomize. “With Atomise now part of Mews, it marks an exciting new chapter for the ... Read more Read more ›
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Luxembourg-based emma, a cloud management platform, announced on Monday, that it has secured $17M (approximately €16.2M) in a Series A funding round led by Smartfin, with participation from RTP Global and existing investors. The funding comes over a year after raising $6M (approximately €5.7M) in the Seed round in March 2023, bringing total funding to ... Read more Read more ›
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Lyon, France-based Eden AI, an AI integration platform, announced on Thursday that it has secured €3M in a seed round led by Galion.exe. Other investors, including 50 Partners and several prominent business angels, including Olivier Pomel (Co-Founder of Datadog), Sébastien Pahl (Co-Founder of Docker), and Alix de Sagazan (Co-Founder of ABTasty), also participated. The French ... Read more Read more ›
27
Amsterdam-based Treety, an ESG reporting, monitoring & compliance solution for alternative asset managers, has secured fresh funding from venture capital firm Arket Ventures. With this funding, Treety plans to expand its capabilities, furthering its mission to empower businesses and investors to integrate sustainability into their decision-making processes. Resolving ESG data challenges Founded in 2020 by ... Read more Read more ›
24
Berlin-based EWOR, a venture capital firm supporting early-stage entrepreneurs, announced that Petter Made, co-founder of SumUp, and Quinten Selhorst, founder of Felyx, have joined as full-time partners. EWOR provides hands-on support for startups at the early stages, guided by experienced founders. Made and Selhorst aim to strengthen EWOR’s mission to build a “leading” fellowship for ... Read more Read more ›
22
Amsterdam-based LearnWise, an AI-driven platform enhancing the student experience, has secured €2M in a seed round of funding led by London-based VC firm Emerge. The platform, which has reduced support queries by 50 per cent for over 720,000 students worldwide, aims to use the funding to enhance its product and expand its team. The move ... Read more Read more ›
20
US-based Growth Catalyst Partners, a private equity firm focused on investing in information, marketing, and tech-enabled services, on Wednesday announced that it has acquired UK-based InspiredMinds! This acquisition helps InspiredMinds! expand into the US market and strengthen its goal of connecting top AI talent through events like World Summit AI and Intelligent Health. However, post-acquisition, ... Read more Read more ›
19
Berlin-based Extantia Capital, a VC firm that backs pioneers in climate, announced Wednesday that it has announced a final close of its oversubscribed Article 9 flagship fund at €204M. The fund received backing from a global network of institutional investors, including sovereign wealth funds, pension funds, insurance companies, corporations, and family offices. Extantia invests in ... Read more Read more ›
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Most popular sources
Business Insider
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30% 1 |
Tech Wire Asia
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14% |
Gizmodo
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7% 2 |
CNET
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5% 3 |
The Verge
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4% 2 |
| View sources » | |
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26.11.2024 11:33
Last update: 11:26 EDT.
News rating updated: 18:22.
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