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According to a recent Dealroom report on the Spanish tech ecosystem, the combined enterprise value of Spanish startups surpassed €100 billion in 2023. In the latest confirmation of this upward trend, Madrid-based VC fund Seaya has closed Seaya Andromeda, an “Article 9” €300 million climate tech fund based out of Madrid. Article 9 refers to the EU’s Sustainable
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CoinDCX, India’s leading cryptocurrency exchange, is expanding internationally through the acquisition of BitOasis, a digital asset platform in the Middle East and North Africa, the companies said Wednesday. The Bengaluru-based startup said BitOasis’s team is joining CoinDCX, with the original leadership continuing to manage the exchange, which offers trading in more than 60 tokens. BitOasis
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Ashwin Nandakumar and Ashwin Jainarayanan were working on their doctorates at adjacent departments in Oxford, but they didn’t know each other. Nandakumar, who was studying oncology, one day stumbled across a curious dataset for prostate cancer, with which he needed sequencing help. “I reached out to a few friends asking to help me analyze this
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What’s the common thread between Tesla, building startups, General Motors venture capital and Lyft?  Jon McNeill, co-founder and partner of DVx Ventures, joins TechCrunch editor Kirsten Korosec on Equity to discuss how Elon Musk’s pay package has influenced founders, when it makes sense to go light on cash and heavy on equity, and his firm’s
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The venture fundraising trend in 2024 is fairly clear by now: Large, established VC firms are continuing to attract capital from limited partners, while smaller, newer funds are finding it more difficult to raise.  But Industry Ventures’ latest fundraise should offer a dash of good news for emerging managers. On Tuesday, the 24-year-old firm announced
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Sophisticated spacecraft often run on shockingly outdated computing systems: consider that the Perseverance rover runs on a PowerPC 750, the processor famous for running on iMacs in the late 1990s.  San Francisco-based Aethero is aiming to bring more powerful computing systems to orbit, and their first payload launches this month on SpaceX’s Transporter-11 rideshare mission.
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Meta plans to bring more generative AI tech into games, specifically VR, AR and mixed reality games, as the company looks to reinvigorate its flagging metaverse strategy. According to a job listing, Meta is seeking to research and prototype “new consumer experiences” with new types of gameplay driven by generative AI, like games that “change
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SmartHR, a cloud-based human resources and labor management software startup, said on Monday that it has raised $140 million in a funding round led by KKR and Teachers’ Ventures Growth, an investment arm of Ontario Teachers’ Pension Plan, with participation from existing investors. The Series E round, which comes three years after the company raised
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A group of senators has banded together to urge Synapse’s owners and bank and fintech partners to “immediately restore customers’ access to their money.” As part of their demands, the senators implicated both the partners and investors of the company as being responsible for missing customer funds. In a letter shared publicly on Monday, U.S.
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Music, podcasts, audiobooks…emergency alerts? Spotify’s latest test has the streaming app venturing into new territory with a test of an emergency alerts system in its home market of Sweden. According to code references found within the Spotify app, the company is considering a system that would help distribute public announcements related to things like “accidents,
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Apple’s AI plans go beyond the previously announced Apple Intelligence launches on the iPhone, iPad, and Mac. According to Bloomberg’s Mark Gurman, the company is also working to bring these features to its Vision Pro headsets. It’s not the most surprising move — if Apple Intelligence (a whole suite of features including an improved Siri,
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Adept, a startup developing AI-powered “agents” to complete various software-based tasks, has agreed to license its tech to Amazon and the startup’s co-founders and portions of its team have joined the ecommerce giant. Geekwire’s Taylor Soper first reported the news. According to Soper, Adept co-founder and CEO David Luan will join Amazon, along with Adept
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