This week’s stories come from Europe, two of them on sustainability and one on startups 1-Europe owns global 30 VC cities among 104 ones PitchBook, a financial data company, announced top global venture capital (VC) cities. The list covers 104 cities, with 30 of them […]
BUSINESS
Global solar industry to grow 29% in 2024
Importance of grid capacity and battery storage to sustain the industry’s growth The solar industry is poised to expand by nearly a third in 2024, exceeding predictions by adding 593 gigawatts of new capacity, with China leading the way, according to a report by Ember, […]
Turkey introduces TechVisa program to attract foreign startups
The program offers three-year work permit and various incentives Turkey introduced a new visa scheme designed to ease the process of obtaining work permits for foreign professionals and entrepreneurs with specialized skills, aiming to draw in high-value tech startups. Being launched last week, The Türkiye […]
Picus Security bagged $45 million to foster adversarial exposure validation
Riverwood Capital leads investment in Picus, reaching a total investment of $80m Picus Security, the security validation company, announced it raised a $45 million growth investment round led by Riverwood Capital with the participation of existing investor Early Bird Digital East Fund . The new […]
Top 3 tech, startup and sustainability stories of the week, 16th – 20th September, 2024
This week’s three stories come from Europe and Saudi Arabia 1-Amazon’s $10B UK investment to build cloud and AI infrastructure Amazon Web Services (AWS), Amazon’s cloud business, announced to invest £8 billion ($10.45 billion) over the next five years to establish and operate data centers […]
Top 3 tech, startup and sustainability stories of the week, 9th Sep – 13th Sep, 2024
This week’s stories cover two semiconductor and one sustainability issues 1-Qualcomm in search of acquiring Intel’s chip-design arm Qualcomm looks to acquire portions of Intel’s design arm to boost the company’s product portfolio, according to two sources familiar with the matter. I saw this scoop […]
Top 3 tech, startup and sustainability stories of the week, 2nd -6th, September, 2024
One AI, one startup and one sustainability subjects make up this week’s stories 1-Ex-OpenAI co-founder Sutskever’s new startup, SSI, raised $1 billion Safe Superintelligence (SSI), recently co-founded by OpenAI’s former chief scientist Ilya Sutskever, raised $1 billion, according to Reuters. Here’s what we know so […]
Top 3 tech, startup and sustainability stories of the week – 26th – 30th August, 2024
AI, data center and sustainability are this week’s stories 1-Apple, Nvidia and Microsoft plan to invest in ChatGPT maker’s OpenAI Apple, Nvidia and Microsoft are all in talks to join OpenAI’s funding round that would value the ChatGPT maker at more than $100 billion, according toThe […]
Refabric, selected for LVMH’s acceleration program, raised $1.16 mio at $4.75 million valuation
Refabric completed pre-seed round investment Refabric, an AI-powered software company in the fashion and textile industry, completed its pre-seed investment round.Having co-founded by Seda Domaniç, Begüm Doğru Öztekin, Safiye Dinçtürk Turgut, Hakan Baş, Mustafa Alpay and Alemşah Öztürk, The Delaware-based company raised $1.16 million at […]
Evreka, Turkish sustainability startup, to provide technology to Saudi Arabia’s Neom project
Turkish startup involved in Saudi Arabia’s futuristic project, Neom Evreka, a Turkish sustainability startup specializing in waste and material management technology, expands its presence in the Gulf countries by participating in significant projects in Saudi Arabia. Continuing its efforts to establish the smart waste management […]