Former Sequoia partner Matt Miller raises $355M for new fund — with Sequoia’s backing
Former Sequoia partner Matt Miller has already locked in $355 million for his new fund, Evantic, which is also backed by Sequoia, TechCrunch learned.
France is investigating X over foreign interference, while a MP also criticizes Grok
France is investigating Elon Musk’s X and a member of parliament, Éric Bothorel, is criticizing Grok’s content.
Startups Weekly: Still running
Welcome to Startups Weekly — your weekly recap of everything you can’t miss from the world of startups. Want it in your inbox every Friday? Sign up here. This newsletter took a break for the Fourth of July, and maybe you did, too, but the news didn’t. …
European VC breaks taboo by investing in pure defense tech from Ukraine’s war zones
With a fundraising target of €25 million, Darkstar’s goal is to help startups bring battle-tested products to military customers both in Ukraine and throughout Europe.
Israeli quantum startup Qedma just raised $26 million, with IBM joining in
Qedma specializes in error mitigation software. Its main piece of software, QESEM, standing for Quantum Error Suppression and Error Mitigation, analyzes noise patterns to suppress some classes of errors while the algorithm is running and mitigate other…
French B2B neobank Qonto reaches 600,000 customers, files for banking license
Qonto, which targets European freelancers and SMBs, currently operates with a payment institution license it obtained in 2018.
Startups Weekly: Tech and the law
Here are the startup stories and funding rounds that caught our eye over the last few days, which have been quite busy.
SMB-focused Finom closes €115M as European fintech heats up
Finom, an Amsterdam-based challenger bank for SMBs that claims to have doubled its revenue in 2024, closed a €115 million Series C equity round (around $133 million).
Startups Weekly: Fast and furious
Some startups accrued value at lightning speed this week, and we got confirmation that defense tech is red hot.
After Shopify bought his last startup, Birk Jernström wants to help developers build one-person unicorns
With Polar as their ‘Merchant of Record’ responsible for handling billing and taxes, developers can sell online products and SaaS subscriptions globally from day one.