Month: January 2025

Tesla’s redesigned Model Y is coming to North America in March for $60,000

Tesla’s redesigned Model Y is coming to North America in March for $60,000 Tesla has announced that its redesigned Model Y SUV is coming to the U.S., Canada, and Mexico in March, with a starting price just shy of $60,000. The news comes just two weeks after Tesla first revealed

Even some of the best AI can’t beat this new benchmark

Even some of the best AI can’t beat this new benchmark The nonprofit Center for AI Safety (CAIS) and Scale AI, a company that provides a number of data labeling and AI development services, have released a challenging new benchmark for frontier AI systems. The benchmark, called Humanity’s Last Exam,

JetBrains launches Junie, a new AI coding agent for its IDEs

JetBrains launches Junie, a new AI coding agent for its IDEs JetBrains, the company behind coding tools like the IntelliJ IDE for Java and Kotlin (and, indeed, the Kotlin language itself), on Thursday launched Junie, a new AI coding agent. This agent, the company says, will be able to handle

Trump orders formation of working group to evaluate crypto stockpile

Trump orders formation of working group to evaluate crypto stockpile President Donald Trump on Thursday ordered the formation of a working group to propose federal regulations for “digital assets” — including cryptocurrencies, digital tokens, and stablecoins — and evaluate a national crypto stockpile. Ex-PayPal COO and founder of VC firm

Arctic Therapeutics raises €26.5M Series A funding for dementia treatment

Arctic Therapeutics raises €26.5M Series A funding for dementia treatment Icelandic drug discovery and development startup Arctic Therapeutics has raised €26.5M in Series A financing from a syndicate of international investors.  The syndicate includes the EIC Fund, Iceland’s largest privately held investment firm Kaldbakur, Investcorp-backed Sanos Group, Swiss-based Cerebrum DAO,

Music AI raises $40M in Series A round

Music AI raises $40M in Series A round Music AI, who also own music tech startup Moises, has raised $40M in a funding round led by Connect Ventures, an investment partnership between Creative Artists Agency (CAA), NEA, and prominent Brazilian investor, monashees. After leading the company’s Seed round, monashees is reaffirming

For European female founders the time has finally come

For European female founders the time has finally come The world of entrepreneurship is often hailed as a bastion of innovation and limitless potential. Yet, for female founders across Europe, this promise remains riddled with systemic barriers, particularly when it comes to securing funding. Despite growing awareness and incremental improvements, the

Govtech Zencity acquires Commonplace, an engagement tool for public bodies

Govtech Zencity acquires Commonplace, an engagement tool for public bodies Zencity, a community engagement platform, based in the UK, has acquired engagement software company Commonplace.  Their newly combined offering pairs digital engagement with AI, social listening and analytics capabilities for platforms. Commonplace brings 3,500 individual projects across the UK, having

Matchory raises €6M Seed extension for supplier discovery

Matchory raises €6M Seed extension for supplier discovery ‘ProcureTech’ startup Matchory has secured €6M in a new funding round. Munich-based VC Capmont led this round, which was joined by existing investors Earlybird-X and angel investors from industry. The influx of capital will now be used to expand internationally and to further develop

One man’s trash: ScrapBees raises €4 million for innovative recycling solutions

One man’s trash: ScrapBees raises €4 million for innovative recycling solutions ScrapBees GmbH, a Neuss-based startup in innovative recycling solutions for tradespeople and businesses, has successfully raised €4 million to expand its regional operations nationally. Joining the effort are new investors NRW.BANK and EIT RawMaterials, alongside continued support from Munich-based