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More venture funds are betting on Central and Eastern Europe

TechCrunch

Central and Eastern Europe have had less venture capital at their disposal than their GDP or population could warrant. But with new funds lured in by their startups’ talent pool, global mindset, and capital efficiency, this could be starting to change. It’s inspired by the daily TechCrunch+ column where it gets its name.

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What we can learn from edtech startups’ expansion efforts in Europe

TechCrunch

Rhys Spence is head of research at Brighteye Ventures, a European edtech-focused fund, where he works with portfolio companies to help address priorities, with a focus on internationalization. Europe is home 49 of the surveyed companies, six are based in the U.S., Rhys Spence. Contributor. Share on Twitter. and three in Asia.

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AI voice, synthetic speech company LOVO gets $4.5M pre-series A funding

TechCrunch

Now a startup that is building voice skins for different companies to use across their services, and for third parties to create and apply as well, is raising some funding to fuel its growth. Its previous investor SkyDeck Fund and a private investor, vice president of finance at DoorDash Michael Kim, also joined the funding.

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MAGIC Fund raises $30M to scale its global founders-backing-founders fund

TechCrunch

However , some venture firms have taken this up a notch by bringing founders to create a fund and invest together. Since the firm’s first fund launched in 2017, MAGIC has invested in 70 companies at pre-seed and seed stages across these emerging markets. MAGIC Fund has 12 founders who act as general partners.

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5 reasons why Germany is the best country for startups

The Next Web

In 2019, the country was ranked number one in Europe for startups by NimbleFins. billion in funding in 2019, a significant increase from the $6.3 It’s produced a number of global success stories including SoundCloud, Zalando, Flixbus, and HelloFresh. EY reported that Germany’s top 100 startups received a total of $11.1

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MOSTLY AI raises $25 million to further commercialize synthetic data in Europe and the US

TechCrunch

Talking to TechCrunch, MOSTLY AI CEO Tobias Hann said that the company plans to use the proceeds to push the boundaries of what its product can do, grow its team, and gain more customers both in Europe and in the U.S., For instance, demand in Europe is also driven by a wider cultural context; while in the U.S., ” Seeing more U.S.

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500 Global spreads its wings across the Caucasus and Eastern Europe, via Tbilisi

TechCrunch

Perhaps an exception to this oft-repeated phrase, in my experience, is Entrepreneur First out of London/Europe (but now also in Asia), and even then that entity is slightly closer to a pre-accelerator in the way it assembles talent before it assembles the startups (although it does also fund its startups).

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