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Europe’s deep tech depends on university spinouts

TechCrunch

Deep tech has become a hot topic in Europe, with hopes that the region can have an edge over the rest of the world for innovation rooted in fundamental research. Universities, a deep tech cauldron. “From startups to universities, we join forces to make Europe a world leader in the new wave of deep tech innovation!”

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5 things you may have missed in Atomico’s 2021 Europe report

TechCrunch

Europe, long viewed as a relative backwater to the U.S. Akin to many startup markets around the world, Europe has seen its venture capital totals rise, its unicorn ranks swell, and even a few major public exits. The Exchange has been tracking Europe’s startup acceleration for years now. Sounds good? Let’s rock. Remember Brexit?

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5 Lessons Learned from Donating to 25 Nonprofits

Nonprofit Tech for Good

This week Nonprofit Tech for Good donated $25 to 25 nonprofits in order to study how nonprofits are progressing in the design of their donation pages and in the efficacy of their online donation process. If you have donated to a nonprofit within the last 12 months, then please take the 2017 Global Trends in Giving Report !

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Viola Credit closes $700M fund to provide asset-based lending to fintech startups

TechCrunch

Fintech startup and alternative credit asset manager Viola Credit has closed its latest $700 million fund, which provides asset-based lending capital to fintech, proptech and insurtech startups. Another example is Market Finance, a tech-enabled SME lender in the U.K., Western Europe, U.K., Australia and New Zealand.

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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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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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Asia HR tech platform Darwinbox becomes unicorn with TCV-led $72 million funding

TechCrunch

HR tech platform Darwinbox has more than tripled its valuation to become a unicorn in a new $72 million funding round as the Indian startup leads what an investor calls the “SaaSification of Asia” trend. The new funding follows a year of strong growth for Darwinbox.

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