Katie Roof / Bloomberg: Accelerant, which launched a marketplace for insurance underwriters, raised $150M led by Barings at a $2.4B valuation, up from $2.2B in 2022 — Barings LLC is leading a $150 million investment in Accelerant, valuing the insurance-related business at $2.4 billion. Lees verder op Tech Meme
Ashley Capoot / CNBC: Precision Neuroscience, founded by a Neuralink co-founder, claims to have conducted its first in-human clinical study to map brain signals via a neural implant — – Founded in 2021 by a co-founder of Neuralink, Elon Musk’s brain-computer interface startup, Precision Neuroscience … Lees verder op Tech Meme
Paul Sawers / TechCrunch: A look at Tech Zity, a proposed tech campus in Lithuania’s capital Vilnius touted as Europe’s largest, with facilities for 5,000 workers and more — Lithuania is vying to become one of the major European tech hubs, bolstered by a growing number of so-called “unicorn” startups and governmental efforts … Lees verder op Tech Meme
Filipe Espósito / 9to5Mac: A look at Apple Vision Pro features based on the visionOS SDK, including a “Moving at Unsafe Speed” alert, a “Travel Mode” for airplanes, and a “Guest Mode” — Apple announced Vision Pro at WWDC 2023. But even so, there are still a lot of details … Lees verder op Tech Meme
Bloomberg: A mistakenly released FDIC document shows SVB’s big customers before its collapse, including Sequoia with $1B in deposits and Beijing-based Kanzhun with $900M+ — When federal regulators stepped in to backstop all of Silicon Valley Bank’s deposits, they saved thousands of small tech startups … Lees verder op Tech Meme
Sandali Handagama / CoinDesk: Filing: the SEC has agreed to forego a $30M fine from bankrupt crypto lender BlockFi until after investors are repaid — The regulator agreed to forego the payment, owed as part of a settlement of charges against BlockFi, to maximize and speed up payments to investors. Lees verder op Tech Meme
Cory Weinberg / The Information: Sources: Reddit’s revenue rose 38% YoY to ~$670M in 2022, a steep drop from 2021 growth, adding uncertainty to its IPO plans and suggesting a ~$3.3B valuation — A stark business reality faced Reddit before a user uprising engulfed its site this month: slowing sales growth. Lees verder op Tech Meme
Paul Sawers / TechCrunch: Lithuania announces Tech Zity, a €100M tech campus touted as Europe’s largest at ~592K sq. ft., with facilities for 5,000 workers, co-living spaces, and more — Lithuania is vying to become one of the major European tech hubs, bolstered by a growing number of so-called “unicorn” … Lees verder op Tech Meme
Filipe Espósito / 9to5Mac: A look at Apple Vision Pro features based on the visionOS SDK, including a “Moving at Unsafe Speed” alert, a “Travel Mode” for airplanes, and a “Guest Mode” — Apple announced Vision Pro at WWDC 2023. But even so, there are still a lot of details … Lees verder op Tech Meme
Yuka Hayashi / Wall Street Journal: The US broadens eligibility for federal subsidies under the Chips Act to include companies providing tools, chemicals, and other semiconductor supplies — Biden administration expands eligibility for federal subsidies to semiconductor factory suppliers — WASHINGTON—The Biden administration … Lees verder op Tech Meme