Renaissance Fusion raises €32M to radically simplify complex fusion reactors

Renaissance Fusion raises €32M to radically simplify complex fusion reactors

One nagging concern has plagued fusion power businesses for a long time: Will the technology work? Since net-positive fusion power is no longer the stuff of science fiction, however, a new generation of businesses has been established based on more commonplace queries: Is it possible to build reactors for less money? What are some ways …

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QED leads $11M investment in Nigerian fintech Raenest

QED leads $11M investment in Nigerian fintech Raenest

More local talent is securing remote positions with Big Tech companies and international startups as Africa’s tech sector flourishes. However, many of these remote workers and freelancers still struggle to get paid. They encounter sluggish invoicing and payment procedures, difficulty opening accounts that take US dollars, and incompatibility of payment platforms used by overseas employers. …

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European VC firm Emblem raises $85 million for its initial fund

European VC firm Emblem raises $85 million for its initial fund

The first fund’s ultimate close has been announced by Emblem, a relatively new European venture capital firm with its headquarters in Paris. The Emblem team secured a total of €80 million, or approximately $85 million at current exchange rates, eighteen months after the initial closure. In the current financing climate, this is no small accomplishment. …

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Accel backs Indian AI startup building ‘ChatGPT for presentations’

Accel backs Indian AI startup building 'ChatGPT for presentations'

An Indian startup called Presentations.ai, which utilises artificial intelligence (AI) to help businesses create presentation decks rapidly, has raised $3 million in a seed round led by Accel to expand its software, which has reached the end of beta after gaining millions of customers. Whether a company is a startup or a major organisation, presentations …

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