Global VC agency Partech reaches first shut of largest African fund at €245 million • TechCrunch

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Global VC agency Partech reaches first shut of largest African fund at €245 million • TechCrunch


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True crime has its grip on us all, and Lorenzo’s assessment of “Tracers within the Dark” is fascinating. In the e-book, the writer covers how cops go after cybercriminals, and it reveals that there’s hope in stopping drug sellers, darkish net market kingpins and little one abusers. And it’s all due to the immutable, persistent nature of the Bitcoin blockchain, the proper place to observe the cash.

Our Black historical past month point out of the day is Ijeoma Oluo’s “So You Want to Talk 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 fable. For white folks, it’s 100% value a learn earlier than you begin asking dumb and embarrassing inquiries to your people-of-color mates.

Christine and Haje

The TechCrunch Top 3

  • First shut is one of the best shut: Global 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 interest from LPs meant Partech Africa II surpassed what was initially set for the entire fund at first close.”
  • Bing, not Chanandler Bong: Frederic writes that Microsoft is celebrating “a new day of search” by launching the brand new Bing, full with ChatGPT.
  • Capture this: Drone imagery agency DroneBase is now Zeitview. It additionally landed $55 million to proceed creating its air and floor knowledge seize know-how, Kyle reviews.

Startups and VC

You watch for ages for a real-world software of AI picture era, after which instantly, 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 slicing firm Glowforge provides AI picture era to its software program package deal.

Almost 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 reviews. Now, due to an SEC kind filed on Friday, we all know how a lot is sitting within the Sequoia Capital Fund. And as a result of we’re sneaky capitalists doing it for the clicks. If you wanna understand how a lot, you gotta learn the article.

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

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

The Defender’s Dilemma is considered one of cybersecurity’s touchstones: “Defenders have to be right every time. Attackers only need to be right once.”

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

“Defenders rightly expect attackers to lie and cheat to achieve their goals, but sometimes we forget that lying and cheating can work both ways.”

Three extra from the TC+ workforce:

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Big Tech Inc.

What’s your standing? Well, if you happen to’re a WhatsApp person, now you can give a voice standing replace, Jagmeet writes. Each voice notice will be as much as 30 seconds after which set as your standing. So now folks have a voice to go along with your photograph.

Today was all in regards to the OnePlus smartphone: Brian offers you a rundown of the $699 OnePlus 11, which arrives February 16, and he additionally appears at a few of OnePlus’ extra merchandise like a pill and mechanical keyboard. Then Ivan writes in regards to the Buds Pro 2, which can run you a cool $179 however has improved sound and noise cancellation.

And we’ve got 5 extra for you:

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