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Paris-based VC Breega hits first close of $75M Africa fund to back pre-seed and seed startups
Paris-based VC firm Breega has observed Africa’s tech ecosystem mature over the years. From receiving less than a billion dollars in venture capital per year to a record-high […]
‘Lawyer-in-the-loop’ startup Wordsmith wants to bring AI paralegals to all employees
Wordsmith, a fledgling Scottish legal tech startup, has somehow managed to attract the backing of two well-known venture capital firms. The startup targets in-house legal teams and law […]
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 […]
Internal SpaceX documents show the sweet stock deals offered to investors like a16z, Gigafund
Like many highly valued startups, SpaceX sometimes allows its employees to cash out some of their shares by selling to company-authorized outside investors. TechCrunch has gotten a peek […]
Kilimo helps farmers save water and get paid for it
When people think about the water they use, they tend to think about drinking water out of the tap or maybe their daily shower. But about 70% of […]
Genspark is the latest attempt at an AI-powered search engine
Move over, Perplexity. There’s a new AI-powered search engine in town — and its creators think it can best the many, many other attempts out there. Called Genspark, […]
Zal Bilimoria just raised a $50M fourth Refactor Capital fund, and still relishes his solo GP status
Zal Bilimoria has been a solo general partner since 2018, and has no plans to stop. And he credits the decision to former colleague, David Lee, who started […]
After 20 months of trying to raise funds, insurance startup Loop cuts staff
Loop, the car insurance company co-founded by Harlem Capital co-founder John Henry, has laid off staff as the company struggles with fundraising. Henry took to Instagram to post […]
Privacy app maker Proton transitions to non-profit foundation structure
Proton, the Swiss company behind a suite of privacy-focused apps such as ProtonMail, is following in the footsteps of Signal and Mozilla by transitioning to a new non-profit […]