vcfamily - Newsletter #29
Google, Apple and Microsoft’s alliance, last French fundraisings and a very cool crypto newsletter as a bonus!
✒️ Kenza Yahyaoui and Baptiste Durand.
Get to read your weekly vc newsletter along with your Sunday morning coffee ☕️ :News of the week in Venture Capital, fundraisings and acquisitions, internships and job offers in the vc ecosystem and many others. For more information about vc family, visit vc family.
“If you’re offered a seat on a rocket ship, don’t ask what seat! Just get on.” – Sheryl Sandberg
On the agenda:
📰 Extra! Extra! Weekly news
🚀 Fundraisings, acquisitions and IPOs of the weeks
🔎 Internship and job offers
🎁 The Gift!
📰 Extra! Extra! Weekly news
👨💻 Meta is abandoning the podcast market. A year ago, the American giant Meta (formerly Facebook) announced that it would be possible to listen to podcasts directly on Facebook and that it would set up a creation tool. Several months later the focus has changed, Mark Zuckerberg wants to concentrate on the metaverse and will close the podcast platform for good on 3 June.
💸 Binance will be able to accelerate anywhere in the world. The famous cryptocurrency trading platform has obtained the status of "digital asset service provider" from the French financial regulator (AMF). This status will allow Binance to advertise on French soil for example, but above all it will simplify the procedures for the company to set up in other European countries.
🔐 Google, Apple and Microsoft form an alliance for a project. Through the FIDO alliance, the three American giants are joining forces to develop technologies and means to put an end to passwords. Deemed too dangerous and not secure enough, the classic password could be replaced by 2FA (two-factor authentication), biometric identification, etc.
📈 Senegal wants to become a "Start up nation". For several months, the country has been investing in tech to participate in the growth of many start-ups. A place like Station F (a start-up incubator) should open within 18 months. In 2019, Senegal had already created the Start-Up Act, a special status to promote business creation.
💻 The world stock market is experiencing uncertainties. Covid, crisis in Ukraine, inflation, etc. The world's stock markets are experiencing very strong fluctuations. Some stocks have lost 10% in one day (Coinbase, Block, etc.) while other stocks in the arms industry are outperforming. Some companies have already postponed their IPOs.
🚀 Fundraisings, acquisitions and IPOs of the week
💉 HoopCare (Seed) raises €1.8M: The French startup has developed a medical questionnaire aiming to determine, with the help of artificial intelligence, the patients' risk factors in order to improve the post-operative follow-up.
💰Januar (Seed) raises $6M: Copenhagen-based Januar is on a mission to build account and treasury solutions in the crypto world.
🛠Saascada (Seed) raises £2.5M: The London based startup helps the banking industry build their own financial services.
🕹Kinetix (Seed) raises $11M: born within Entrepreneur First, this platform creates 3D animations thanks to the no-code AI. The founders plan to break new ground in the metaverse.
🔎 Internship and job offers
Soon you will find a complete section to find job and internship offers in Venture Capital, automatically scrapped and available directly on our website.
Inovexus - VC portfolio manager (Paris) 👉 Apply here
Oneragtime - VC intern (Paris) 👉 Apply here
Orange Venture - Invetsment Analyst 👉 Apply here
🎁 The Gift
💌 We are big newsletter readers ourselves at vc family and today we share with you a daily newsletter about crypto that is simple and always fun to read!
Curious to check it out? It's over here 👉 Milk Road.
Thank you for reading the vc family newsletter to the end. See you next week directly in your email box!