With €50 million to invest, Italian Founders Fund looks for entrepreneurs with global ambitions

While funding for Italian startups has been growing, the country still ranks eighth in Europe by VC investment, according to Dealroom. Newly created Italian Founders Fund (IFF) hopes to help with the catching up, both in quantity and in quality. With €50 million to invest into 25 companies, it also positions itself as a sector … Read more

WWDC 2024 live blog: AI, iOS 18, macOS 15 and all the last-minute news and rumors before the keynote

BwLAZJUS59iQCpFwcSDvje

Apple’s Worldwide Developers Conference, aka WWDC 2024, takes place today – and it could be a big one. This has been billed (though not directly by Apple) as the moment when Apple goes all-in on artificial intelligence, with a range of AI-powered tools and features set to be integrated across the likes of iOS 18, … Read more

Anterior grabs $20M from NEA to expedite health insurance approvals with AI

Anterior, a company that uses AI to expedite health insurance approval for medical procedures, has raised a $20 million Series A round at a $95 million post-money valuation led by NEA, according to two people familiar with the deal. Existing investors Sequoia, which led Anterior’s $3.2 million seed round last September, and Neo, an accelerator … Read more

Autonomy’s Mike Lynch acquitted after US fraud trial brought by HP

Former Autonomy chief executive Mike Lynch issued a statement Thursday following his acquittal of criminal charges, ending a 13-year legal battle with Hewlett-Packard that became one of Silicon Valley’s biggest fraud cases. He was accused of falsely inflating revenues at the UK startup ahead of Autonomy’s $11 billion sale to HP in 2011. Commenting on … Read more