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Surging homegrown talent and VC spark Italy’s tech renaissance

TechCrunch

As Italy reinstates many COVID-19 restrictions, the country’s tech ecosystem is watching and waiting to see what the wider effects of the emergency will be. Italy’s ecosystem for tech venture capital and startups has been in development for years and has made decent strides in the last decade.

Italy 122
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France demands digital services tax from Big Tech on revenue generated in 2020

TechSpot

Several countries in Europe including Italy, Poland, Turkey, Austria, the UK, and France have implemented or are looking to implement a digital services tax that will be levied upon tech giants that operate a marketplace or an advertising business that generates more than €750 million in revenue globally and €25.

France 88
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Boutique hotel tech platform NUMA raises $45M growth financing round led by DN Capital

TechCrunch

Sonder is a tech-driven hospitality company. million, and, in the post-pandemic world where the population has become far more movable due to remote working, similar businesses are raising funds to attend to the needs of this global, nomadic workforce. Based out of the U.S., It’s raised $529.6

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Getir, the $12B instant delivery startup, plans to axe 14% of staff globally and cut aggressive expansion plans

TechCrunch

In the latest development, TechCrunch has learned and confirmed that Getir — the $12 billion quick commerce upstart that provides grocery essentials and sundries and promises delivery of them in minutes — is cutting 14% of its staff globally. Germany, France, Italy, Spain, Netherlands, Portugal and the U.S.

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Augury taps $55M for tech that predicts machine faults from vibration, sound and temperature

TechCrunch

Co-founder and CEO Saar Yoskovitz said in an interview that the funding will be used to expand the services that it provides to customers, as well as to build out its global customer base, and the ecosystem of companies that it works with so that it can expand the kinds of customers it targets to include smaller businesses and scale-ups.

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2022 European edtech report: Smaller rounds and fewer deals, but more angel activity

TechCrunch

The global ecosystem has been on an upward trajectory, albeit less consistently, but the declines in new investment in 2022 were steep: globally funding declined to $9.1 This is in line with macro trends in the public markets as well as other tech sectors (both trends were highlighted in our October report with Dealroom ).

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Acorns acquires UK’s GoHenry, a fintech focused on 6- to 18-year-olds

TechCrunch

France, Italy and Spain. But with the SPAC market facing a lot of troubles, and the tech IPO market drying up at the end of 2021, Acorns scrapped its SPAC IPO plans in January of 2022. So being able to serve kids, teens and adults holistically inside one company globally is really exciting.” as well as in the U.S.,

Italy 114