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Surging homegrown talent and VC spark Italy’s tech renaissance

TechCrunch

Italy’s ecosystem for tech venture capital and startups has been in development for years and has made decent strides in the last decade. 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.

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Daily Crunch: AI content developer Jasper now valued at $1.5B following capital infusion

TechCrunch

Someone’s having a good day : Jasper, which calls itself an “AI content” developer, raised its first round of funding ever — and a big one at that, at $125 million, to give it a $1.5 Startups and VC. For you, special price : Kyle reports that Enable lands $94 million to help B2B companies manage their rebate programs.

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Varjo, an early mover in building XR headsets and software for enterprises, taps $40M

TechCrunch

Applications in the metaverse often feel like more of a marketing gimmick than something that a critical mass of consumers would use, let alone pay for. To meet these expectations, both technology that is easy to use and accurate as well as high-quality software and content are needed. Image Credits: Varjo.

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StudentFinance nabs $41M to help Europeans upskill for in-demand jobs

TechCrunch

Founded out of Spain in 2019, StudentFinance partners with educational institutions such as Ironhack and Le Wagon to help finance those looking to upskill into disciplines like software development, cybersecurity, and artificial intelligence, serving as an alternative to traditional bank or student loans. where it soft-launched last year.

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Deep tech startups in need of funding should consider federal grants

TechCrunch

who aim to power next-generation technology without the need for expensive hardware that takes billions of dollars to develop and years to deploy. The VC world is attracted to the low-investment/high-returns model deep tech tends to offer, but it can also be impatient with the time it takes to get there. We’re a group of Ph.D.s

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UK report spotlights the huge investment gap facing diverse founders

TechCrunch

VC has been invested over the past decade according to race, gender and educational background makes for grim reading — with all-ethnic teams and female entrepreneurs receiving just a fraction of available funding versus all-white teams and male founders. female entrepreneurs face in accessing VC funding versus male counterparts. .”

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TravelPerk adds $115M to equity and debt Series D, discloses unicorn valuation

TechCrunch

That said, it’s not clear how much of the $115 million tranche is equity versus debt — a spokeswoman for the startup declined to provide a break down or a clear answer when we asked, saying only: “This round is a mix of equity and debt funding.” The final tranche of the D round was led by U.S. based rival NexTravel.

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