BackingMinds raises new €50 million fund to fund normally overlooked entrepreneurs

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Denmark-based venture fund BackingMinds, founded in 2016, likes to think it takes a different approach to venture in Europe. Its new €50 million fund will aim to take a road less travelled by most VCs, looking “for the blind spots” traditional venture capital can often miss because of typical VC herd behaviour (such as investing … Read more

Meta hit with ~$275M GDPR penalty for Facebook data-scraping breach

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Facebook’s parent, Meta, has been hit with another hefty penalty for breaching European data protection law. The €265 million (~$275M) fine was announced today by the Irish Data Protection Commission (DPC), the tech giant’s lead regulator for the European Union’s General Data Protection Regulation (GDPR). The DPC confirmed that the decision, which was adopted on … Read more

Lessons for raising $10M without giving up a board seat

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Henry Shapiro Contributor Share on Twitter Henry Shapiro is the co-founder of Reclaim.ai, an intelligent calendar assistant platform used daily by over 14,000 companies. Prior to founding Reclaim, Henry led product and marketing at New Relic. More posts by this contributor 3 lessons we learned after raising $6.3M from 50 investors As a startup founder, … Read more

We went diving with the Apple Watch Ultra

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In September, Apple launched the Apple Watch Ultra, which is not only waterproof to 100 meters (330 feet) in depth, but can also be used as a dive computer with the help of a companion app developed by Huish Outdoors. We took it into the deep blue sea to test it out. I’ve been an … Read more

Our lunar ambitions depend on this fake Moon dirt

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Fun fact from the files of “there’s a job for that”: there are multiple companies that specialize in making fake Moon dirt. Technically, it’s called lunar regolith to help differentiate it from “soil,” which implies the presence of organic material, or from “dirt,” which, for this story, I learned literally just means “anything that makes … Read more

US government bans Huawei, ZTE, and Hikvision tech over ‘unacceptable’ spying fears

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The U.S. government said it is banning telecommunications and video surveillance equipment from several prominent Chinese brands in an effort to protect the nation’s communications network. The Federal Communications Commission (FCC) voted unanimously on Friday to expand its ban on the sale and import of Chinese technology from firms that pose an “unacceptable risk to … Read more

Deepomatic wants to build the AI-based computer vision companion for field workers

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French startup Deepomatic has raised a $10.5 million (€10 million) Series B funding round. While the founding round is relatively small, the startup has managed to convince some large-scale clients to use its visual automation platform. For instance, telecom companies use Deepomatic on the field to check that tasks have been completed successfully. EnBW New … Read more