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Travel tech fund targets €50M to invest in European startups

Travel tech fund targets €50M to invest in European startups

TravelTech.vc has launched its second venture capital fund aimed at investing in the next leaders of travel technology in Europe. The team behind the Travel Tech 2 (TT2) investment platform includes travel veterans Alex Gisbert, Javier González-Soria y Moreno de la Santa, Toni Raurich-Marcet, Leonardo Saroni and Jorge Schoenenberger, who all have experience in leading...

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Deepfakes are yet another front in the Israel-Hamas war that risk unleashing even more violence and confusion in the future: ‘This is moving incredibly fast’

Deepfakes are yet another front in the Israel-Hamas war that risk unleashing even more violence and confusion in the future: ‘This is moving incredibly fast’

As dawn broke on Oct. 7, air-raid sirens blasted out across Tel Aviv, sending Michael Matias and his girlfriend catapulting out of bed and down to the bomb shelter in their apartment building. Inside, the messages on their cell phones revealed the horror that had set off the alarm: Hamas gunmen were waging mass slaughter on...

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WeRoad adds €18M to cement position in Europe

WeRoad adds €18M to cement position in Europe

Group adventure travel specialist WeRoad has doubled its funding with the addition of €18 million in a Series B round.  The investment was led by Italian family office H14 with a number of private investors also participating. Italy-based WeRoad, which has now raised €36 million in total, said the funding will go towards technology development...

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The AI Factor: Why Cash Still Flows To European Biotech Startups

The AI Factor: Why Cash Still Flows To European Biotech Startups

Umza Choudry, leads Tech Bio at Octopus Ventures. Technology is helping biologists make the most of … [+] their data. Octopus Ventures Putting the Tech In Bio: Why Cash Still Flows To European Biotech Startups Amid ongoing concerns about declining VC funding in the United Kingdom, Biotech startups have been doing rather well. According to...

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Power grab by France, Germany and Italy threatens to kill EU’s AI bill

Power grab by France, Germany and Italy threatens to kill EU’s AI bill

Europe’s three largest economies have turned against regulation of the most powerful types of artificial intelligence, putting the fate of the bloc’s pioneering Artificial Intelligence Act on the line. France, Germany and Italy are stonewalling negotiations over a controversial section of the EU’s draft AI legislation so it doesn’t hamper Europe’s own development of “foundation...

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EU wards off Russian tech investment via its startup fund

EU wards off Russian tech investment via its startup fund

LISBON — The European Union’s €10 billion startup fund has introduced new rules allowing it to exclude co-investments from countries like Russia in sensitive technologies in Europe, the president of the fund’s board has said. “Russian co-investors are totally banned,” Michiel Scheffer, who chairs the board that advises the European Innovation Council (EIC), told reporters...

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Why the UK Stands as Europe’s Leading Tech Hub | Entrepreneur

Why the UK Stands as Europe’s Leading Tech Hub | Entrepreneur

Opinions expressed by Entrepreneur contributors are their own. The United Kingdom, historically renowned for pioneering global innovations, is emerging as Europe’s premier hub bridging the East and West. With cities like London and Manchester leading the charge, a thriving startup ecosystem and robust government support, the UK is poised for unparalleled tech ascendancy. Coupled with...

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EU research chief nominee wants ‘stronger ties with like-minded countries’

EU research chief nominee wants ‘stronger ties with like-minded countries’

Press play to listen to this article Voiced by artificial intelligence. BRUSSELS — The EU should work with its friends on research and innovation to win the geopolitical race to control new technologies, the European Union’s aspiring innovation chief Iliana Ivanova has said. Ivanova is scheduled to address a select group of European Parliament members...

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Meet Aleph Alpha, Europe’s Answer to OpenAI

Meet Aleph Alpha, Europe’s Answer to OpenAI

The interest Aleph Alpha has received so far—the company claims 10,000 customers across both business and government—shows it is able to compete, or at least coexist, with the emerging giants of the field, says Jörg Bienert, who is CEO of the German AI Association, an industry group. “This demand definitely shows it really makes sense...

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Why IVP Is Betting On Europe Even As Other U.S. Investors Draw Back

Why IVP Is Betting On Europe Even As Other U.S. Investors Draw Back

Institutional Venture Partners general partner Eric Liaw will open the Silicon Valley fund’s first international office in London with Alex Lim who rejoins IVP. IVP In 2018, Silicon Valley-based venture capitalist Alex Lim flew with less than 24 hours notice to Bucharest, Romania — a trip that would end up convincing him to leave Sand...

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TG Therapeutics Lands Partner to Market MS Drug in Europe and Beyond – MedCity News

TG Therapeutics Lands Partner to Market MS Drug in Europe and Beyond – MedCity News

A TG Therapeutics multiple sclerosis drug that’s new to the U.S. market will be commercialized in Europe and other regions under a partnership that pays the biotech $140 million up front. According to deal terms announced Tuesday, Neuraxpharm’s payment gets it an exclusive license to commercialize the drug, Briumvi, outside of the U.S. for relapsing...

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