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AI startups attracted 25% of Europe’s VC funding

Venture funding into Europe is heading for a flat year, but this may obfuscate the fact that European AI startups are thriving. According to VC firm Balderton Capital and Dealroom, 25% of VC funding into the region — approximately $13.7 billion — went to AI startups this year, compared to 15% four years ago, resulting […]

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VCs pledge not to take money from Russia or China, and Databricks raises a humongous round

Welcome to Startups Weekly — your weekly recap of everything you can’t miss from the world of startups. Want it in your inbox every Friday? Sign up here. This week was full of news, likely because it is also the last “real” week of 2024. Which is another way for us to say goodbye for […]

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British university spinoff Mindgard protects companies from AI threats

AI creates a dilemma for companies: Don’t implement it yet, and you might miss out on productivity gains and other potential benefits, but do it wrong, and you might expose your business and clients to unmitigated risks. This is where a new wave of “security for AI” startups comes in, with the premise that these […]

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AI is burying company web sites in search results, but Otterly.AI thinks it can help

Many sites saw their organic traffic decline in 2024, in big part due to the rise of AI-generated search results. Many queries no longer lead to click-throughs, and even when users click, it is hard for companies to get more context on searches made within apps like ChatGPT or Perplexity. The answer to this problem […]

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What failed before might succeed now — and other startup bets

Welcome to Startups Weekly — your weekly recap of everything you can’t miss from the world of startups. Want it in your inbox every Friday? Sign up here. This week in startup news, we have some contrarian bets, funding rounds from all around the world, new VC funds, and a final word of warning. Most […]

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Hopeful hearts and other startup news

Welcome to Startups Weekly — your weekly recap of everything you can’t miss from the world of startups. Want it in your inbox every Friday? Sign up here. The week after Thanksgiving is usually rich in announcements, and this year was no exception. Blame it on the holiday season, but we would even go as […]

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Time4 is a new Daphni-backed fund dedicated to French entrepreneurs with diverse backgrounds

France’s startup ecosystem has grown significantly over the last decade, thanks to public support and private investment. However, capital isn’t evenly distributed. Most venture-backed startups are Paris-based, with founders who come from the same handful of universities and schools. This is what VC firm Daphni is hoping to change with Time4, a fund with a […]

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Orakl Oncology combines data and biology to bring new drugs to cancer patients

Cancer incidence is on the rise, particularly among younger adults, but most new drug compounds fail to progress through clinical trials. According to French entrepreneur Fanny Jaulin (on the right in the picture above), the problem lies with clinical trial design.  “Just because a drug isn’t successful in clinical trials doesn’t mean it’s not a […]

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As the year draws to a close, startups don’t pause

Welcome to Startups Weekly — your weekly recap of everything you can’t miss from the world of startups. Want it in your inbox every Friday? Sign up here. With only so many days left in the year, there was plenty of startup news to round up since last Friday, despite a short workweek in the […]

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Akhetonics gets fresh funding for a contrarian bet on all-optical chips

Photonics — a field that underpins light-based systems for manipulating data — has a bright future, as the rise of AI demands better computing performance, but it has yet to be fully applied to a new generation of chips. German startup Akhetonics hopes to change that. It’s raised a €6 million seed funding round (approximately […]

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Money for tech that matters

Welcome to Startups Weekly — your weekly recap of everything you can’t miss from the world of startups. If you’d like to receive this newsletter in your inbox every Friday, sign up here! The week before Thanksgiving is typically busy with announcements of all sorts, but this week has been particularly interesting. Money was flowing to big problems, like defense, cybersecurity, and […]

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