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France adds "13 B to Tibi, the investment model other European countries are starting to follow " TFN
15+ hour, 8+ min ago (632+ words) Today, France's finance ministry announced it has raised another "13 billion in institutional capital for the tech sector, reports Reuters. This marks the third phase of Tibi, a program that encourages French insurers, pension funds, and now state-owned companies to invest…...
TU Wien spinout GATE Space lands "6. 3 M: can Austria's space sector punch above its weight? " TFN
15+ hour, 27+ min ago (555+ words) Most stories about satellite funding focus on getting payloads into orbit. GATE Space's recent funding, however, is about what happens after satellites arrive: detecting radio interference that adversaries use to jam and spoof GPS and Galileo signals from far above…...
Chinese backers move to buy Manus back from Meta at the original $2 B price as revenue quadruples " TFN
16+ hour, 58+ min ago (283+ words) The reported buyback effort involves some of Manus" earliest supporters, including the Chinese investment firms HSG and Zhen Fund, as well as Tencent. HSG and Zhen Fund are reportedly considering raising fresh capital specifically to acquire Meta"s stake. Benchmark,…...
A Cambridge Ph D discovery raised "1. 5 M led by SCVC to fix gene therapy's costly flaw " TFN
17+ hour, 31+ min ago (486+ words) Houdini Bio just raised about "1. 5 million by combining non-dilutive grants, which do not require giving up equity, with an oversubscribed pre-seed round. SCVC, the venture arm of Science Creates, led the round, while Deep Science Ventures and Cambridge Enterprise VC…...
Antler partner Adam French on the one founder trait AI made non-negotiable " TFN
17+ hour, 42+ min ago (960+ words) Adam French founded Scalable Capital just over a decade ago, grew it into what is now one of Europe's fastest-growing online investment platforms, and then swapped seats to become a partner at Antler." That history " from builder to investor " shapes…...
After Trump, Musk, and bans, European founders race to build sovereign social media " TFN
18+ hour, 43+ min ago (131+ words) Tech Funding News After Trump, Musk, and bans, European founders race to build sovereign social media Space X buys Cursor-maker Anysphere for $60 B in enterprise AI push: report The man who backed Spotify and Revolut is now betting on European…...
VCs have never built anything: how this founder raised "20 M without a single venture capitalist " TFN
21+ hour, 44+ min ago (620+ words) Instead, more than 70 UK investors backed us because they believed in what we're building " not because a VC brand told them to. And there are two hard truths here." The first is that most VCs have never built or successfully…...
NVIDIA joins $54 M bet on startup that gets AI data centres online three years faster " TFN
22+ hour, 44+ min ago (483+ words) Every major AI company is racing to build new data centres, but most are stuck waiting for the electricity they need. At major hubs, grid interconnection queues now last five to seven years, and the wait keeps growing. Verse, based…...
Why this founder is choosing the "worst-dressed city" for his fashion startup " TFN
2+ day, 12+ hour ago (800+ words) Max Hui, the founder and CEO of Lookbook, is amongst the attendees. "I heard someone say this was the best-dressed room in SF. They're not wrong," he jokes. "One thing that's really hard to substitute is the startup environment. It's…...
This ex-Space X engineer raised $22 M to do to geothermal plants what Henry Ford did to the car " TFN
2+ day, 13+ hour ago (601+ words) The AI boom faces a power challenge. Data centers need constant electricity, but solar and wind, which make up over 90% of new global power capacity, can't always deliver. Fossil fuels still supplied 82% of U. S. energy in 2023, and that number isn't dropping…...