The UK hasn’t lost its appeal for venture capital
W
elcome to the technewss Exchange, a weekly startups-and-markets newsletter. It's inspired by the daily technewss+ column where it gets its name. Want it in your inbox every Saturday? Sign up here.
Not dead yet: This is true both of the U.K.’s capacity to attract venture capital dollar
Deal Dive: Maybe venture debt works for asset managers after all
Blackstone last August was looking to put $2 billion toward lending to startups and tech companies, according to The Information. But venture debt lenders remain skeptical that the asset class’s small checks are worth it for asset managers and their large LPs. Recently, a few lenders told me
Here's why it's scary that investors believe they can monetize the climate crisis
Welcome to Startups Weekly. Sign up here to get it in your inbox every Friday afternoon.
The event horizon for when we can expect to end up in (literal) hot water when it comes to climate has come a lot closer. You wanna know how close? The climate deadline is close enough that it is interesting to
BuzzCutt steers the sober curious toward booze-free bar and restaurant options
If you don't drink, navigating nightlife, bars and even eating out can be an exercise in frustration. Non-alcoholic options are popping up everywhere, but for every neighborhood haunt with a booze-free beer, there are 10 spots where you'll be left high and dry — usually with a flat soda w
It’s not just hype, corporate America is making huge bets on AI transforming their businesses
Hype or not, the potential of AI has tech companies enamored, and businesses large and small have begun betting heavily on efforts that leverage AI in some fashion to spur their growth to new heights.
These wagers have come in many forms. Firms like PwC and Accenture have promised to spend heavily
Mistral AI’s mega fundraise is a red flag for many concerned about inclusivity
Often, when people ask me how the venture and startup market is doing, I have to take a moment. The easy answer is that we're seeing a downturn. The correct answer is more nuanced: There is indeed a downturn, but it is impacting some much more than others.
One example of this as clear as day i
Smaller VCs are having an impact on diverse investors and founders
Smaller funds, those that have $50 million or less in assets under management, are helping to usher in a new wave of diversity within venture capital. And the reasons for this are simple.
The latest crop of investors stems from historically overlooked or marginalized communities that are setting up
VCs joining the climate race should scare the daylights out of you
Venture capital, as an asset class, is an industry of short-term wins. Most funds have a 10-year cycle: two years of initial investments; then two to three years of company building and follow-on investments; after that, five or six years of thumb-twiddling and waiting for the ship to come in, and
Luminoah’s quest to reinvent tube feeding attracts new funding
When someone is very ill or has had surgery that interrupts ordinary ways of eating and drinking, tube feeding is a life-saving necessity, but it’s cumbersome and uncomfortable to use. Luminoah aims to change this with a reinvented tube-feeding device that’s more portable, discreet and
Psychedelics startup Nue Life Health rolls out free version of its ketamine therapy tracking app
Nue Life Health is a U.S.-based telemedicine startup that combines psychedelic-assisted therapies and a health tracking app. Previously, the app was only offered as part of its own internal service. However, the startup is now opening up its “Nue app” and its “Nue score” ava
Wargraphs, a gaming startup with only one employee and no outside funding, sells for $54M
While the U.K. and U.S. try to block Microsoft’s acquisition of Activision over concerns it will kill competition in games distribution, competition appears to be alive and well in another (smaller) area of gaming: modding and analytics.
Wargraphs, a one-man-band startup behind a popular comp
European startups still have a long way to go to achieve gender parity
According to a new study from Sista and the Boston Consulting Group, women are still underrepresented in the European tech ecosystem. Only 22% of startups created in 2022 included a woman on the founding team. And when you look at women-only founding teams, that number drops to 10%. That means that
Deepchecks snags $14M seed to continuously validate ML models
As companies increasingly rely on machine learning models, it's imperative that they continuously check the models to make sure they are working as intended and that the data is valid, unbiased and not corrupted in any way.
Deepchecks, an Israeli startup has come up with a solution to continuou
An investor, an operator, and their plan to upskill Africa's workforce
One out of three tech jobs globally are filled by necessary skilled labor, and according to the World Economic Forum (WEF), this is one of the biggest concerns of global business leaders.
Over 50% of the organizations that these leaders manage, in a survey, say they have lost competitive advantage