Wednesday, February 8, 2023
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World VC agency Partech reaches first shut of largest African fund at €245 million • TechCrunch


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What’s up, Crunchy readers!

True crime has its grip on us all, and Lorenzo’s evaluation of “Tracers within the Darkish” is fascinating. Within the ebook, the writer covers how cops go after cybercriminals, and it reveals that there’s hope in stopping drug sellers, darkish net market kingpins and youngster abusers. And it’s all because of the immutable, persistent nature of the Bitcoin blockchain, the right place to comply with the cash.

Our Black historical past month point out of the day is Ijeoma Oluo’s “So You Wish to Speak About Race,” which Haje learn final yr and which served as a little bit of an eye-opener to all of the issues he thought he knew however actually didn’t about how race reveals up, starting from police brutality and cultural appropriation to the mannequin minority delusion. For white folks, it’s 100% price a learn earlier than you begin asking dumb and embarrassing inquiries to your people-of-color buddies.

Christine and Haje

The TechCrunch Prime 3

  • First shut is the perfect shut: World enterprise capital agency Partech made a primary shut on its new fund of €245 million, which makes it the biggest Africa-focused fund. Tage writes that “overwhelming curiosity from LPs meant Partech Africa II surpassed what was initially set for your entire fund at first shut.”
  • Bing, not Chanandler Bong: Frederic writes that Microsoft is celebrating “a brand new day of search” by launching the brand new Bing, full with ChatGPT.
  • Seize this: Drone imagery agency DroneBase is now Zeitview. It additionally landed $55 million to proceed creating its air and floor information seize expertise, Kyle studies.

Startups and VC

You look forward to ages for a real-world software of AI picture era, after which abruptly, two come alongside directly. Brian writes about how FRIDA’s robotic arm makes an attempt to carry DALL-E-style AI artwork to real-world canvases, and Haje covers how 3D laser reducing firm Glowforge provides AI picture era to its software program package deal.

Nearly a yr in the past to the day, the 50-year-old investing powerhouse Sequoia Capital introduced that it had reorganized itself round a singular, everlasting construction, Connie studies. Now, because of an SEC type filed on Friday, we all know how a lot is sitting within the Sequoia Capital Fund. And since we’re sneaky capitalists doing it for the clicks. In the event you wanna understand how a lot, you gotta learn the article.

And we’ve 5 extra for you, full with a soundtrack that jackknifes between various unlikely genres:

Cybersecurity groups, beware: The defender’s dilemma is a lie

Image of a group of yellow plastic toy soldiers pointing guns at each other on a blue background.

Picture Credit: A. Martin UW Images (opens in a brand new window) / Getty Photos

The Defender’s Dilemma is certainly one of cybersecurity’s touchstones: “Defenders need to be proper each time. Attackers solely should be proper as soon as.”

It could sound genuine, however David J. Bianco, a workers safety strategist at Splunk, says it’s really a false narrative that leaves techniques much less safe.

“Defenders rightly anticipate attackers to lie and cheat to realize their targets, however generally we neglect that mendacity and dishonest can work each methods.”

Three extra from the TC+ group:

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Large Tech Inc.

What’s your standing? Effectively, if you happen to’re a WhatsApp consumer, now you can give a voice standing replace, Jagmeet writes. Every voice notice could be as much as 30 seconds after which set as your standing. So now folks have a voice to go together with your picture.

As we speak was all concerning the OnePlus smartphone: Brian provides you a rundown of the $699 OnePlus 11, which arrives February 16, and he additionally appears at a few of OnePlus’ further merchandise like a pill and mechanical keyboard. Then Ivan writes concerning the Buds Professional 2, which can run you a cool $179 however has improved sound and noise cancellation.

And we’ve 5 extra for you:





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