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Global VC firm Partech reaches first close of largest African fund at €245 million • TechCrunch

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February 8, 2023
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Global VC firm Partech reaches first close of largest African fund at €245 million • TechCrunch
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Dear Crunch readers!

True crime rules us all, LorenzoReviews of “Tracer in the Dark” attractive. In this book, the authors look at how police track down cybercriminals and show there is hope for stopping drug dealers, dark web marketplace kingpins, and child abusers. , it’s all thanks to the immutable and permanent nature of the Bitcoin blockchain which is the perfect place to track money.

Our mention of that day in Black History Month is of Ijeoma Oluo “So you want to talk about race.” The book Haje read last year, which he thought he knew, is actually about how race manifests itself, from police brutality and cultural appropriation to exemplary minority myths. It was a bit of an eye opener for everything I didn’t know. For white people, it’s 100% worth reading before you ask your friend of color a ridiculous and embarrassing question.

— Christine and Haje

TechCrunch Top 3

  • The first close is the best close: Global venture capital firm Partech has closed a new €245 million fund for the first time. This is the largest fund focused on Africa. Tage “With overwhelming interest from LPs, Partech Africa II exceeded the amount originally set for the entire fund at its first close,” it wrote.
  • Bing, not Chanandler Bong: Frederick Microsoft writes that it is celebrating “a new day in search” by launching a new Bing with ChatGPT.
  • capture this: Drone imaging company DroneBase is now Zeitview. He also received $55 million to continue developing aeronautical and ground data acquisition technology. Kyle report.

Startups and VC

After years of waiting for a real-world application of AI image generation, suddenly two things came true at the same time. Brian I am writing about how FRIDA’s robotic arm is about to bring DALL-E style AI art to the real world canvasand Haje explain how a 3D laser cutting company Glowforge Adds AI Image Generation to that software package.

Almost a year ago today, 50-year-old investment powerhouse Sequoia Capital announced that it was reorganizing around its own permanent structure. Connie report. Now, thanks to an SEC form filed on Friday, we know how much money is in the Sequoia Capital Fund. And it’s because we’re sleazy capitalists doing it for clicks. Read the article if you want to know how much.

5 more soundtracks are available.

Cybersecurity Teams Beware: The Defender’s Dilemma is a Lie

Image credit: A. Martin UW Photography (opens in new window) / Getty Images

The defender’s dilemma is one of the touchstones of cybersecurity. The attacker only needs to get it right once. ”

While it may sound legit, Splunk’s staff security strategist David J. Bianco says it’s actually a false statement that makes the system less secure.

READ ALSO

Elon Musk says Twitter will only show verified accounts on its algorithmic timeline

Just 7 days until the TC Early Stage early bird flies away

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

Three more from the TC+ team:

TechCrunch+ is a membership program that keeps founders and startup teams a step ahead. You can sign up hereUse code ‘DC’ and get 15% off your annual subscription!

Big Tech Co., Ltd.

what’s your status?Well, if you’re a WhatsApp user, now you can Give Voice Status Updates, jugmeat I am writing. Each voice memo is up to 30 seconds and can be set as a status. So now people are yelling along with your picture.

Today we talked about OnePlus smartphones. Brian give an overview $699 OnePlus 11arrives on February 16, and we’re also looking at some of OnePlus’ additional products. tablet and mechanical keyboard. after that Ivan I am writing about Tsubomi Pro 2You can buy it for $179, but with better sound and noise cancellation.

In addition, there are five

Tags: AfricanclosefirmfundgloballargestMillionPartechreachesTechCrunch

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