As European startups continue to look for signs of sustained market confidence beyond the hype around AI companies, Atomico — one of the region’s more iconic, largest venture capital firms — has raised more money to make investments that might indicate how the market is really moving. The VC has closed new funds totalling $ […]
SparkLabs closes $50M fund to back AI startups
SparkLabs — an early-stage venture capital firm that has made a name for itself for backing OpenAI as well as a host of other AI startups such as Vectara, Allganize, Kneron, Anthropic, xAI, Glade (YC S23) and Lucidya AI — is gearing up to double down more startups in the space. The VC firm announced […]
Man Utd ‘expected to sign’ midfielder before transfer window closes and one player has not been ruled out
Manchester United are gearing up for a busy end to the transfer window, with manager Erik ten Hag pushing for crucial additions to his squad. As the August 30 deadline looms, United are expected to sign a new midfielder, regardless of any outgoing transfers according to The Athletic. However, this move might be more budget-friendly […]
Muon Space closes $56M to scale all-in-one satellite platform
Space-as-a-service startup Muon Space closed a $ 56.7 million fundraising round to scale its satellite platform, while also announcing a new deal with defense giant Sierra Nevada Corp. California-based Muon designs, builds and operates satellites in low Earth orbit on behalf of customers. Some customers, like Hydrosat, provide their own payloads, while others, like the […]
TikTok Lite: EU closes addictive design case after TikTok commits to not bring back rewards mechanism
The European Commission has closed a Digital Services Act (DSA) investigation of a rewards feature in TikTok Lite by accepting commitments from the social media giant to permanently withdraw the feature from the EU. The TikTok Lite “task and reward” mechanism, launched in France and Spain earlier this year, lets users earn points for doing […]