Month: January 2025

The most active LPs in Europe Powered by WPeMatico https://sifted.eu/articles/most-active-lps-europe/

IbanFirst broke away from VCs in 2021. Now its profitable and eyeing 100m ARR Powered by WPeMatico https://sifted.eu/articles/ibanfirst-2024-revenues/

The unicorns that could be due a fundraise in 2025 Powered by WPeMatico https://sifted.eu/articles/unicorns-potential-fundraises-2025/

EV startup Canoo files for bankruptcy and ceases operations Seven-year-old electric vehicle startup Canoo has filed for bankruptcy and will “cease operations immediately.” The company is liquidating its assets in a Chapter 7 proceeding in the Delaware Bankruptcy Court. The company said in a press release published late Friday that

Amazon suspends US drone deliveries following crash at testing facility Amazon has paused testing of its delivery drones following a crash involving two of its models, according to Bloomberg. It’s the latest setback for Amazon’s beleaguered Prime Air program, which aims to deliver around 500 million packages a year to

ChatGPT’s head of product will testify in the US government’s case against Google The U.S. government has picked Nick Turley, ChatGPT’s head of product, to testify in its antitrust case against Google. © 2024 TechCrunch. All rights reserved. For personal use only. Powered by WPeMatico https://techcrunch.com/2025/01/17/chatgpts-head-of-product-will-testify-in-the-us-governments-case-against-google/

Netradyne snags $90M at $1.35B valuation to expand smart dashcams for commercial fleets Distracted driving is one of the leading causes of car accidents and a major reason why auto insurance premiums are expected to increase in 2025. For commercial fleets, that’s a nightmare. But for California-based startup Netradyne, it’s

Perplexity acquires Read.cv, a social media platform for professionals Read.cv, a social media platform for professionals that competed with LinkedIn, has been acquired by AI-powered search engine Perplexity. As part of the deal, Read.cv will begin to wind down operations Friday. Users will be able to export their data, including

Namirial acquires Digital Technologies Fintech platform Namirial has acquired Digital Technologies, a  digital transaction management software with a focus on document workflow hyper-automation and invoicing. Namirial itself was acquired by the larger Ambienta in May 2020. The terms of the acquisition are undisclosed and the transaction marks Namirial’s sixth acquisition within

Recharge eyes acquisitions after securing €45M debt facility Amsterdam-based fintech Recharge has secured a €45M debt facility, which it says it will use to target acquisitions. The digital voucher and prepaid card fintech has secured the debt financing through ABN AMRO, which it says it will also use to enter