Shilling, a Portuguese venture capital firm, has launched a €50 million fund to support growth-stage startups in its portfolio and invest in new companies. This move solidifies Portugal's position as a thriving tech ecosystem, with Shilling aiming to fuel innovation and growth in the region.
Source: https://techcrunch.com/
Finance | Rating: 42 | 2024-05-15 10:15:14 AM |
French startup Lydia, a mobile payments app, has reached 8 million users. The app allows users to send and receive money, and the company is now considering whether to add more financial services to increase revenue or simplify the app to increase user adoption.
Source: https://techcrunch.com/
Tech | Rating: 51 | 2024-05-15 08:35:03 AM |
Blue Origin's New Shepard rocket will carry a crew to suborbital space for the first time in nearly two years. The NS-25 mission is scheduled to launch later this month, marking a significant milestone for the company's space tourism efforts.
Source: https://techcrunch.com/
Technology | Rating: 50 | 2024-05-15 07:05:04 AM |
Amazon Web Services (AWS) announces a European sovereign cloud computing region in Brandenburg, Germany, with a planned investment of €7.8 billion by 2040. The region will go live by the end of 2025, enabling greater data residency across Europe.
Source: https://techcrunch.com/
Cloud | Rating: 51 | 2024-05-15 06:25:04 AM |
Go Digit, an Indian insurance startup, raised $141 million in funding from dozens of investors, including Fidelity, Goldman Sachs, and Abu Dhabi Investment Authority, as part of its initial public offering. The startup, founded by Kamesh Goyal, will start its IPO on Wednesday.
Source: https://techcrunch.com/
Funding | Rating: 51 | 2024-05-15 05:45:11 AM |
PeakBridge, a global fund manager, has launched a $187 million fund to invest in sustainable food innovations. The PeakBridge Growth Fund II aims to support companies working on sustainable food solutions, bringing the firm's total assets under management to over $250 million.
Source: https://techcrunch.com/
Business | Rating: 42 | 2024-05-15 05:05:04 AM |
Accion, a global nonprofit, launched a $152.5 million fund to support large financial institutions in digital transformation. The fund will provide growth capital and strategic support to companies serving small businesses excluded from the financial system.
Source: https://techcrunch.com/
Finance | Rating: 46 | 2024-05-15 04:05:14 AM |
Meta's social network Threads has launched its own fact-checking program, allowing fact-checkers to rate and mark false content. The program was rolled out recently, but exact timing and geographic limitations are unclear. Instagram head Adam Mosseri confirmed the move, but did not provide further details.
Source: https://techcrunch.com/
AI | Rating: 82 | 2024-05-15 03:55:43 AM |
Looking Glass launches new 3D display technology without the need for special glasses. The new displays include a 16-inch model priced at $4,000 and a 32-inch model with an undisclosed price. The displays are available in landscape and portrait orientations, offering flexibility for diverse content formats and applications.
Source: https://techcrunch.com/
AI | Rating: 42 | 2024-05-15 12:55:04 AM |
Intuitive Machines will provide technology to NASA's Mars Sample Return mission, leveraging its lunar material return architecture. CEO Steve Altemus announced the collaboration, aiming to reshape the mission's architecture. The company will draw from its experience in lunar material return technology.
Source: https://techcrunch.com/
AI | Rating: 42 | 2024-05-14 11:35:12 PM |