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Portugal’s Faber reaches $24.3M for its second fund aimed at data-driven startups from Iberia

Portugal’s Faber reaches .3M for its second fund aimed at data-driven startups from Iberia Portuguese VC Faber has hit the first close of its Faber Tech II fund at €20.5 million ($24.3 million). The fund will focus on early-stage data-driven startups starting from Southern Europe and the Iberian peninsula, with the aim […]

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K Fund’s Jaime Novoa discusses early-stage firm’s focus on Spanish startups

K Fund’s Jaime Novoa discusses early-stage firm’s focus on Spanish startups Earlier this month, Spanish early-stage venture capital firm K Fund officially launched its second fund, which sits at €70 million, up from €50 million the first time around. Targeting Spanish startups with an international outlook, the seed-stage firm plans to invest […]

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Valispace raises $2.4M to become the ‘Github for hardware’, joins fight against COVID-19

Valispace raises .4M to become the ‘Github for hardware’, joins fight against COVID-19 Hardware engineering is mostly document-based. A typical satellite might be described in several hundred thousand PDF documents, spreadsheets, simulation files and more; all potentially inconsistent between each other. This can lead to costly mistakes. NASA lost a $125 million […]

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Using 25% lower bandwidth, Disney+ launches in UK, Ireland, 5 other European countries, France to come online April 7

Using 25% lower bandwidth, Disney+ launches in UK, Ireland, 5 other European countries, France to come online April 7 Disney+, the streaming service from the Walt Disney Company, has been rapidly ramping up in the last several weeks. But while some of that expansion has seen some hiccups, other regions are basically […]

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Google finishes the install of its private Curie cable, announces Panama branch

Google finishes the install of its private Curie cable, announces Panama branch Google today announced that it has finished the install and test of its private Curie cable. When it was announced, Curie, which connects the U.S. to Chile, was the company’s third private cable. Since then, it has announced two more, […]

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Africa Roundup: Yamaha backs MAX, Founders Factory and Norrsken support startups, inside Ethiopia’s tech scene

Africa Roundup: Yamaha backs MAX, Founders Factory and Norrsken support startups, inside Ethiopia’s tech scene Competition in Africa’s two-wheel ride-hail market is accelerating. Nigerian motorcycle transit startup MAX.ng was the latest startup to add funding, raising a $7 million funding round in June with participation of Japanese manufacturer Yamaha. Based in Lagos, […]

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Google is building a new private subsea cable between Portugal and South Africa

Google is building a new private subsea cable between Portugal and South Africa Google today announced Equiano, a new private subsea cable that will connect Portugal and South Africa. The cable will be built by Alcatel Submarine Networks and the first phase of the project is scheduled for completion in 2021. In […]

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GuestReady raises $6M to help hosts on Airbnb and other services manage their property

GuestReady raises M to help hosts on Airbnb and other services manage their property GuestReady, a three-year-old service that lets shared-economy hosts manage their business on Airbnb and other rental sites, has announced a $6 million Series A round. The investment was led by existing backer Impulse VC — the Russian fund […]

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Aptoide, a Play Store rival, cries antitrust foul over Google hiding its app

Aptoide, a Play Store rival, cries antitrust foul over Google hiding its app As US regulators gear up to launch another antitrust probe of Google’s business, an alternative Android app store is dialling up its long time complaint of anti-competitive behavior against the search and smartphone OS giant. Portugal-based Aptoide is launching […]

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Tech regulation in Europe will only get tougher

Tech regulation in Europe will only get tougher European governments have been bringing the hammer down on tech in recent months, slapping record fines and stiff regulations on the largest imports out of Silicon Valley. Despite pleas from the world’s leading companies and Europe’s eroding trust in government, European citizens’ staunch support […]

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