From cybersecurity and aerospace to generative 3D, startup leaders are scaling ambitious companies from European soil and taking on global markets. In this conversation at the StrictlyVC event in Athens, we talked to three founders about what it takes to go from idea to impact while navigating the continent’s unique challenges — and why building...
Category: Tech Crunch
Investing in overlooked European ecosystems
John Tsioris sold Instashop to Delivery Hero for $360 million. Nate Clarke took Tyme from startup to global digital bank. In this candid conversation at the StrictlyVC event in Athens, the two entrepreneurs open up about what drives them, how they’re choosing their next bets, and why they’re investing in ecosystems that others overlook.
The US is reviewing Benchmark’s investment into Chinese AI startup Manus
Manus AI is one of the hottest AI agent startups around, recently raising $75 million at a half-billion-dollar valuation in a round led by Benchmark. But two unnamed sources told Semafor that the investment is now under review by the U.S. Treasury Department over its compliance with 2023 restrictions on investing in Chinese companies. Benchmark’s...
Google I/O 2025: What to expect, including updates to Gemini and Android 16
Google I/O, Google’s biggest developer conference of the year, is nearly upon us. Scheduled for May 20 to 21 at the Shoreline Amphitheatre in Mountain View, I/O will showcase product announcements from across Google’s portfolio. Expect plenty of news relating to Android, Chrome, Google Search, YouTube, and — of course — Google’s AI-powered chatbot, Gemini. Here’s...
One of Elon Musk’s longtime VCs is suing his former employer after allegedly being fired
Josh Raffaelli, who has deep roots as a Silicon Valley investor and has backed a number of Elon Musk companies, is suing his former employer, the massive trillion-dollar AUM Brookfield Asset Management, reports The New York Times. Much of Raffaelli’s complaint concerns how Brookfield covered pandemic-related real estate losses and alleges the company fired him...
Microsoft employees are banned from using DeepSeek app, president says
Microsoft employees aren’t allowed to use DeepSeek due to data security and propaganda concerns, Microsoft vice chairman and president Brad Smith said in a Senate hearing today. “At Microsoft we don’t allow our employees to use the DeepSeek app,” Smith said, referring to DeepSeek’s application service (which is available on both desktop and mobile). Smith...
A timeline of South Korean telco giant SKT’s data breach
In April, South Korea’s telco giant SK Telecom (SKT) was hit by a cyberattack that led to the theft of personal data on approximately 23 million customers, equivalent to almost half of the country’s 52 million residents. At a National Assembly hearing in Seoul on Thursday, SKT chief executive Young-sang Ryu said about 250,000 users...
Aurora to add night driving, new routes as it ramps driverless trucking
In 2025, Aurora plans to operate fully driverless trucks at night, in poor weather, and beyond Houston and Dallas and into El Paso and Phoenix.
Aurora co-founder Sterling Anderson is leaving the self-driving truck startup
Sterling Anderson, a veteran of the nascent autonomous vehicle sector and co-founder of Aurora, is resigning just a week after the company launched its commercial self-driving truck service in Texas. Anderson held the chief product officer position at Aurora. The resignation was posted in a regulatory filing along with the company’s first-quarter earnings report. His...
Fastino trains AI models on cheap gaming GPUs and just raised $17.5M led by Khosla
Tech giants like to boast about trillion-parameter AI models that require massive and expensive GPU clusters. But Fastino is taking a different approach. The Palo Alto-based startup says it has invented a new kind of AI model architecture that’s intentionally small and task-specific. The models are so small they’re trained with low-end gaming GPUs worth...