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Surging homegrown talent and VC spark Italy’s tech renaissance

TechCrunch

However, while many startups exist in cities like Turin, Bologna, Naples and Rome, Milan is generally seen as a bigger ecosystem because of its mercantile culture and a significant share of VC funds. The good news: VC funding in Italy has grown. It has an estimated 67 VC funds, with 18 of them started since 2015. More than 50%?

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Daily Crunch: Sideloaded apps coming soon to an iPhone near you in iOS 17

TechCrunch

Startups and VC Back in January, a $810 million deal fell apart to buy Angry Birds makers Rovio, but the company suggested they were still in talks with other potential interested parties. million in a seed investment round led by La Famiglia VC, Mike writes. Use code “DC” for a 15% discount on an annual subscription!

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Female Founders: What the numbers mean and what they don't

This is going to be BIG.

Take the most widely used number--that way fewer women are getting venture funding than guys. That means you actually have a *better* shot, statistically, of getting VC investment at these firms, statistically, once you actually pitch. Ellen Johnston of Makr has a decade of senior creative experience. Why so many mixed teams?

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Revenue-Based Investing: A New Option for Founders who Care About Control

David Teten VC

Does the traditional VC financing model make sense for all companies? VC Josh Kopelman makes the analogy of jet fuel vs. motorcycle fuel. VCs sell jet fuel which works well for jets; motorcycles are more common but need a different type of fuel. . Absolutely not. So what is Revenue Based Investing?

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Jendaya raises funding to scale its Africa-focused luxury e-commerce platform

TechCrunch

While general e-commerce activities between African shoppers and global brands have occurred informally via long-held relationships, several platforms have used tech to centralize these processes across various shopping brackets. So these customers don’t just want Orange Culture, they want to mix the Orange Culture with Versace.

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Daily Crunch: Former Googlers raise more than $90M to scale alternative asset fintech startup

TechCrunch

Startups and VC. Also, we’ve got an eclectic mix of additional news for ya: Wild tales of smarter sales : Kyle reports that Orum raised $22 million to inject AI into the sales prospecting process. Hand built by robots : Picsart adds an AI Image Generator and AI Writer to its suite of creative tools, Aisha reports. Big Tech Inc.

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Redacted comes out of stealth with $60M in funding and a new take on fighting cybercrime

TechCrunch

Ten Eleven is a VC specializing in cybersecurity that has backed a number of other startups.) It’s always interesting when a startup comes out of nowhere with a substantial round of VC backing, but it’s almost always because that startup has some interesting pedigree — and that is the case here.

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