Google Ventures adds general partner to back AI, open source startups
By Krystal Hu (Reuters) - Venture capital firm GV, backed by Google parent Alphabet Inc, has hired Michael McBride from software firm GitLab as its latest general partner to focus on open-source and AI startups, the firm told Reuters. McBride served as
European tech startup funding to fall to $45 billion in 2023
By Supantha Mukherjee STOCKHOLM (Reuters) - Total capital invested into European tech startups is projected to fall to $45 billion this year, down 55% from 2021, when investment volumes surpassed $100 billion for the first time, according to a report from
Record number of startups, 43 percent women, and 70,236 attendees at Web Summit
Web Summit, the world’s largest tech conference, announced today that the 2023 edition of its flagship Lisbon event is hosting 70,236 attendees from 153 countries, with 2,608 startups taking part in the startup programme – the highest number ever, ● 70,236
5 Indian space startups to follow
Indian space startups: With the success of the Chandrayaan-3 mission, India has become the fourth country after the USA, Russia, and China to have successfully landed on the moon. This feat comes four years after the flop recorded in the last
The Italian ecosystem is growing: startups and investments
Italian Ecosystem: The data collected by Crunchbase and CB Insights highlight a growing trend for investments in startups in Italy in the last year. The analysis involved 323 deals, of which 277 shared the names of the investors, and 266 made the
EV startups burn through more cash as demand falters
By Akash Sriram (Reuters) - U.S. EV startups are expected to show the impact of Tesla's price war when they report quarterly results over the next few days, with investors awaiting details on how the companies are managing cash amid a
Networking startup Nile raises $175 million to challenge Cisco
By Krystal Hu (Reuters) - Nile, a networking startup co-founded by former Cisco Systems executives John Chambers and Pankaj Patel, has raised $175 million in a new round to fund its efforts to build a Cisco competitor, the company said. The new
University College Dublin Seeking Start-Ups to Join Accelerator Programme Dedicated to AgTech and Agri-food Sectors
The AgTechUCD Innovation Centre at University College Dublin (UCD), today announced that it is seeking applications from early-stage start-ups with innovative products and services in the AgTech, agri-food, equine and veterinary sectors, and who have ambition to grow globally, to
Pandemic impact on Japanese startups
Until recently, Japan had been a bit slow with introducing start-ups in the tech industry. Although the country ranked the third largest economy by GDP in 2021, the number of unicorn companies was below ten as of 2023 (far lower than hundreds of unicorns