French startup Swan has raised another €42 million (around $44 million at current exchange rates). The company considers this round as the second part of the Series B round that was originally announced in September 2023. Swan helps other companies offer financial products at scale. The company can generate both virtual and physical cards that […]

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With its 700,000 customers, Alan could be considered as a mature company. But the health insurance company that wants to become a digital companion for your health is still growing like a startup. On Wednesday, the company shared some financial metrics. The most impressive one is its top-line revenue. In 2024, the company generated €505 […]

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Just a few hours after David Sacks claimed DeepSeek used OpenAI’s models to train its own models, Bloomberg Law reports that Microsoft is investigating DeepSeek’s use of OpenAI’s application programming interface (API). According to security researchers working for Microsoft, the Chinese company behind the R1 reasoning model may have exfiltrated a large amount of data […]

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If you talk to a fintech entrepreneur about their business, chances are they’ll end up talking about ledger issues at some point. A ledger is a record of money movements that serves as the source of truth for financial assets, but when a company starts having multiple bank accounts, payment processors and funds spread across […]

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If you’ve ever tried to book a venue for a company event, you’ll know how onerous a task it can be. You have to contact multiple vendors, wait for quotes, evaluate them, see if you can get a good deal, and then get all that approved. So it makes sense that depending on the size […]

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If you’ve been following the AI industry, Mistral should be a familiar name by now. The French AI startup with a $6 billion valuation is arguably the biggest AI company working on foundation models in Europe. Alan, on the other hand, isn’t as well known. The health insurance unicorn has been quietly growing to become […]

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Angell, a French smart electric bike startup, has announced in an email to customers that the company is declaring insolvency and approaching a court to ask for judicial liquidation. “It’s over for Angell,” said company co-founder and CEO Marc Simoncini on Instagram. (He also happens to be a judge on the French version of “Shark […]

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Though Apple rarely misses self-imposed deadlines, it’s done so with the next generation of CarPlay. The company originally teased the update back in 2022. With this new version, CarPlay will integrate seamlessly with the instrument cluster to provide information on speed, climate control, and other car data. Apple had promised an initial rollout for a […]

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We may see OpenAI’s agent tool, Operator, released sooner rather than later. Changes to ChatGPT’s code base suggest that Operator will be available as an early research preview to users on the $200 Pro subscription plan. The changes aren’t yet publicly visible, but a user on X who goes by Choi spotted these updates in […]

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French startup Karmen has secured a small funding round so that it can improve its instant financing products. The company offers short-term loans to small companies facing a working capital crunch. It’s a €9 million equity-and-debt round ($9.4 million at today’s exchange rates) with Seventure Partners buying a stake in the small startup. Financière Arbevel […]

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Nintendo shared the first images of the Nintendo Switch 2 in a video posted on YouTube. The successor to the widely popular game console will be simply called the Switch 2. As the name suggests, it shares the same design philosophy with a modular form factor. Right out of the gate, the video shows the […]

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Just a day after Google inked a deal with The Associated Press, Mistral has announced a content deal with newswire Agence France-Presse (AFP) to improve the accuracy of answers in Le Chat, Mistral’s chatbot. This is the first deal of this kind for the Paris-based artificial intelligence company, and it indicates that Mistral doesn’t want […]

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French startup Hyperline wants to build the next-generation Chargebee. Over the past two years, the startup has built a new billing platform that can be used for recurring subscriptions, one-off purchases, usage-based billing and more. Hyperline raised an initial €4 million funding round from Index Ventures back in 2023 ($4.1 million at today’s exchange rate). […]

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Nelly wants to become the biggest fintech startup in the healthcare industry. The Berlin-based startup is already working with more than 1,200 medical practices in a handful of European countries. But there are thousands more that could benefit from an upgrade for their administrative workflows. That’s why Nelly recently raised €50 million in funding (around […]

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Alex Dewez, a partner at 20VC, just released its highly anticipated State of the French tech ecosystem report. This is a nice followup to Atomico’s State of European Tech report, with a more granular view on French startups in particular. As a reminder, the bottom line of Atomico’s report is that European startups raised $45 […]

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Speaker manufacturer Sonos is seeing some significant changes. Patrick Spence, the company’s chief executive officer (pictured above), is leaving the company after eight years in the job. Tom Conrad, the co-founder of Pandora and a Sonos board member, is stepping in as interim CEO starting today. Last year was complicated for the speaker manufacturer. The […]

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French startup Rounded believes AI voice agents are going to become the default way customers interact with companies, so instead of building AI voice agents that are ready to use, the company is building an orchestration platform that lets companies build their own voice agent. Rounded started off working on a web3 product before shifting […]

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Defiant is a new early stage VC firm focused on B2B SaaS and fintech coming out of stealth Thursday. Joseph Pizzolato (pictured right) and Cam Rail (pictured left), the duo at the helm of the firm who met when they were 6 years old, have already secured $30 million and plan to raise as much […]

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SteamOS is slowly becoming an alternative to Windows for handheld gaming devices. After launching the Steam Deck with SteamOS, its own operating system, Valve is now partnering with third-party manufacturers so that they can release gaming handhelds with SteamOS support. On Tuesday, Lenovo unveiled the Legion Go S at CES 2025. Unlike its predecessor, the […]

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The combined entity is expected to be valued at $3.7 billion based on yesterday’s closing share prices.

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