investment
- Technology
Munich-based IntegrityNext, a service that helps companies audit supply chains for ESG compliance, raised €100M from EQT Growth, its first outside investment (Ingrid Lunden/TechCrunch)
Ingrid Lunden / TechCrunch: Munich-based IntegrityNext, a service that helps companies audit supply chains for ESG compliance, raised €100M from…
Read More » - Technology
Crypto exchange Bitget acquires a controlling stake in crypto wallet company BitKeep with a $30M investment at a $300M valuation (Yogita Khatri/The Block)
Yogita Khatri / The Block: Crypto exchange Bitget acquires a controlling stake in crypto wallet company BitKeep with a $30M…
Read More » - Technology
eToro secures $250M at a $3.5B valuation via an Advanced Investment Agreement signed in 2021, after scrapping its SPAC plans in 2022 amid slowing growth (Mary Ann Azevedo/TechCrunch)
Mary Ann Azevedo / TechCrunch: eToro secures $250M at a $3.5B valuation via an Advanced Investment Agreement signed in 2021,…
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FBI report: US citizens lost $10.3B to online scammers in 2022, up from $6.9B in 2021, with losses from crypto investment fraud reaching $2.57B, up from $907M (Gareth Vipers/Wall Street Journal)
Gareth Vipers / Wall Street Journal: FBI report: US citizens lost $10.3B to online scammers in 2022, up from $6.9B…
Read More » - Technology
An in-depth look at tech's terrible 2022 in numbers: VC investment and IPOs falling globally, an 85% drop in new unicorns, layoffs impacting 280,000+, and more (Rest of World)
Rest of World: An in-depth look at tech’s terrible 2022 in numbers: VC investment and IPOs falling globally, an 85%…
Read More » - Technology
State media: China appoints Zhang Xin to lead its state-backed chip investment fund, known as the Big Fund, seeking to counter US-led sanctions on its industry (Bloomberg)
Bloomberg: State media: China appoints Zhang Xin to lead its state-backed chip investment fund, known as the Big Fund, seeking…
Read More » - Technology
Sources: Anthropic, which focuses on AI safety, raised $300M led by Spark Capital at a $4.1B pre-money valuation, following a $400M investment by Google (Kate Clark/The Information)
Kate Clark / The Information: Sources: Anthropic, which focuses on AI safety, raised $300M led by Spark Capital at a…
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Many VCs question whether generative AI startups, currently attracting huge valuations, will make enough money, fearing a repeat of the crypto investment hype (George Hammond/Financial Times)
George Hammond / Financial Times: Many VCs question whether generative AI startups, currently attracting huge valuations, will make enough money,…
Read More » - Education
UK seeks to cement STEM superpower status but investment may be lacking
The paper, outlining recommendations on attracting investment, comes as the UK launches a strategy to cement the UK as a “science…
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Reports and sources: the US prepares a program that could ban US investment in some sectors in China, such as advanced semiconductors, quantum computing, and AI (Andrew Duehren/Wall Street Journal)
Andrew Duehren / Wall Street Journal: Reports and sources: the US prepares a program that could ban US investment in…
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