The Dublin-and-New York-based startup, backed by Ribbit Capital, Sequoia, and Index Ventures, says it processes more than €4.2bn in transactions monthly and cuts customers’ PCI compliance costs by an average of €86,000. The premise behind Evervault is …
Norwegian energy storage startup Photoncycle has raised €15 million in Series A funding to commercialise its seasonal energy storage technology across Europe. The round was led by NordicNinja and Voima Ventures, with participation from Lifeline Venture…
Berlin- and Singapore-based venture platform GHARAGE Ventures has launched Fund I, a €40 million early-stage fund focused on technologies shaping the future of travel infrastructure and airport retail. The fund is anchored by Gebr. Heinemann, the Hambu…
MyFitnessPal Inc., the long-established digital nutrition tracking platform, has acquired Cal AI, an AI-driven calorie estimation app that amassed tens of millions of installs and substantial revenue under its young founders. Financial terms, including…
Since OpenAI announced it would start testing ads in ChatGPT, and the guidelines for it, they did not discuss in depth how it is gonna work for businesses interested in advertising with them. What we know is that users’ data remains private and that th…
In 2024, over 250 class action lawsuits were filed under a US federal law passed in 1988 to protect VHS rental records. The Video Privacy Protection Act was originally aimed at VHS rental stores, but plaintiffs’ firms discovered a 2022 application: emb…
There is a moment every founder eventually faces: the strategy that got you to a million in revenue suddenly stops working at ten million. The product is good, the team is talented, and yet something in the engine is misfiring. More often than not, the…
If there is something I never expected to read, it was the Pope’s opinion on artificial intelligence and its use within the Church. So when Pope Leo XIV advised priests of his diocese not to outsource homilies to artificial intelligence, the instructio…
ElevenLabs, the London-based voice-AI specialist, has deepened its strategic partnership with Google Cloud to tap into expanded cloud infrastructure and the latest accelerated computing from NVIDIA, including Blackwell-class GPUs. Announced on February…
An AI assistant is asked a simple question: has this company changed its CEO? It responds confidently, citing information that was accurate a few months ago. The problem is that the leadership changed last week. This is the structural limitation of man…