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Surging homegrown talent and VC spark Italy’s tech renaissance

TechCrunch

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. The good news: VC funding in Italy has grown. It has an estimated 67 VC funds, with 18 of them started since 2015.

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Extra Crunch’s top 10 stories of 2020

TechCrunch

But, speaking as someone who’s worked at several startups, Extra Crunch stories contain actionable information you can use to build a company and/or look smart in meetings — and that’s worth something. Use discount code ECFriday to save 20% off a one- or two-year subscription. ” The VCs who founders love the most.

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Revenue-Based Investing: A New Option for Founders who Care About Control

David Teten VC

Does the traditional VC financing model make sense for all companies? VC Josh Kopelman makes the analogy of jet fuel vs. motorcycle fuel. VCs sell jet fuel which works well for jets; motorcycles are more common but need a different type of fuel. . Absolutely not. So what is Revenue Based Investing?

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Daily Crunch: Sideloaded apps coming soon to an iPhone near you in iOS 17

TechCrunch

Well, Sarah reports today the watch is likely to get its biggest software update since its 2015 debut. Startups and VC Back in January, a $810 million deal fell apart to buy Angry Birds makers Rovio, but the company suggested they were still in talks with other potential interested parties. for a new software update. Big Tech Inc.

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

TechCrunch

In total, it has raised $409 million since being founded back in 2015. 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.”

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Does Atlantic Canada have a blueprint for rural revival in the post-pandemic era?

TechCrunch

Can Bitcoin find its practical use case as a currency in Latin America? Stephen Harper, the country’s prime minister from 2006 to 2015, famously quipped that the region suffered from “ a culture of defeatism.” With every VC investment, the region’s network of startups builds the social capital that can enable the next round of funding.

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Wolt closes $530M round to continue expanding beyond restaurant delivery

TechCrunch

Compared to the $670 million in new capital that we’ve raised during this year, this puts us into a strong position for investing in our people, technology, and markets when thinking about the next few years ahead”. Former Atomico and SoftBank VC Carolina Brochado has joined EQT to help build its new growth fund.

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