British digital safety startup FALKIN has raised €1.7 million in pre-Seed funding to prevent scams before payments occur. The company embeds AI-powered deception detection directly into banking apps, analyzing behavioral signals to stop fraud earlier in the process. With AI-enabled fraud losses surp
New court filings reveal OpenAI CEO Sam Altman privately texted Elon Musk’s close associate Shivon Zilis to ask whether he should post a complimentary message about Musk. The February 9, 2023 exchange shows Altman seeking advice before his February 13 public praise of Musk on X.
A new €21 million micro fund backed by Nordic AI founders including Taavet Hinrikus and Sebastian Knutsson is targeting “day-zero” startups. The fund aims to bridge the New Nordics region with Stockholm as Europe’s AI epicenter. They’ve already made over ten investments and plan fifty more.
Black founders received just $730 million out of $314 billion in total U.S. venture funding in 2024, a dramatic drop from 2021’s peak. Collab Capital, founded by Jewel Burks Solomon, is proving that Black-run VCs can make the difference between failure and success for entrepreneurs like Tracey Picke
ElevenLabs CEO Mati Staniszewski says the company’s unconventional hiring approach helped them find incredible talent outside traditional tech hubs. The AI startup recently hit a $6.6 billion valuation while maintaining a flat organizational structure without titles.
The bidding war for obesity biotech Metsera just escalated dramatically. Novo Nordisk’s latest $10 billion offer is now considered superior to Pfizer’s $8.1 billion proposal, triggering legal battles and industry drama.
Swedish contamination control startup DREV has raised €2.8 million to expand its Vault product line. The technology captures hazardous “black dust” from battery manufacturing while recovering valuable metals. The funding comes as Europe ramps up gigafactory compliance requirements.
Armilar Venture Partners has closed the first €120 million of its new Fund IV, focusing on Series A investments in Spain and Portugal. The Lisbon-based firm aims to build a portfolio of around 20 companies across AI, cybersecurity, and digital transformation technologies.
The two-year-old gaming studio T-Minus Zero Entertainment has been revived after being shut down by NetEase in early September. A small group of veteran directors acquired the studio name and are relaunching as an independent production company with a new funding model.
Sequoia Capital’s managing partner Roelof Botha is stepping down after three tumultuous years. The firm faced multiple crises including leadership disputes and a social media controversy that triggered investor backlash. Veteran partners Alfred Lin and Pat Grady now take over leadership.
