Nordic VC Voima Ventures launches €90M fund for deep tech startups
Nordic VC firm Voima Ventures today announced its third fund with an initial closing of €90 million and a final target of €120 million, focusing on early-stage “deep tech” startups from across the science sphere. Founded out of Helsinki, Finland, in 2019, Voima Ventures targets companies at the pre- and
Read moreIndifi raises $35M to expand digital lending to more small businesses
Indifi Technologies, an Indian startup offering digital lending to small and medium businesses, has raised $35 million in a new funding round led by ICICI Venture, the investment arm of ICICI Bank. Existing investors, including British International Investment, OP Finnfund Global Impact Fund I, Omidyar Network India, Flourish Ventures and
Read moreIndia threatened to shut down Twitter and raid employees’ homes, Jack Dorsey says
Jack Dorsey, Twitter’s co-founder, says India — despite its status as the world’s largest democracy — regularly issued requests for the social media giant to remove certain posts and accounts, often accompanying these demands with threats of legal repercussions in cases of noncompliance. “India is one of the countries which
Read moreThousands of subreddits go dark to protest Reddit’s API pricing
Over 8,000 subreddits went dark or read-only in protest of Reddit’s API pricing, which will shut down many third-party apps like Apollo and Reddit is Fun because of the high fees. The blackout, which began on Monday and will last for 48 hours, is a coordinated effort between tens of
Read moreVenture firm Black Seed raises £5M inaugural fund to invest in Black founders
British early-stage venture firm Black Seed has raised £5 million ($6.2 million) as part of its inaugural fund to solely support Black founders in the country. The round was led by asset manager M&G Investments, with additional support from Atomico and Molten Ventures. The firm is hoping to raise an
Read moreMax Q: Firefly Aerospace is making moves
Hello and welcome back to Max Q! In this issue: Firefly’s making moves with summer launches and a new acquisition Layoffs at Ursa Major News from NASA and more Firefly’s making moves Firefly Aerospace is making moves ahead of what is shaping up to be a very busy summer. First,
Read moreReuters reports EU approval of Broadcom’s VMware buy imminent
Reuters reported today that U.S. chip maker Broadcom is set to gain conditional EU antitrust approval for its proposed US$61 billion acquisition of VMware. According to the article, the European Commission’s clearance is tied to Broadcom’s interoperability remedies to rivals to address competition concerns, sources said. Reuters went on to
Read moreFTC reportedly seeks injunction to stop Microsoft’s Activision Blizzard deal
Update: The FTC confirms that it has requested a “temporary restraining order” preventing the deal from going through while reviews are underway. Original story follows this statement from the agency: Microsoft and Activision Blizzard have represented in the past that they cannot close their deal due to antitrust reviews of
Read moreSee where six crypto whales’ wallets are putting their assets
The crypto market continues to waver as we transition toward the second half of the year amid a regulatory crackdown in the U.S. But as trading volume continues to dwindle across centralized exchanges, some big crypto whales are still trading. We decided to take a look at what six major
Read moreAmazon Freevee to get 23 free ad-supported TV channels, including ‘Cake Boss,’ ‘Say Yes to the Dress’ and more
Warner Bros. Discovery (WBD) and MGM have reached a deal with Amazon Freevee (formerly IMDb TV) to bring 23 free ad-supported TV (FAST) channels to the streaming service, the companies announced Monday. The new agreement will help Amazon reach its goal of growing Freevee’s slate of FAST channels by 75%
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