Thena Capital closes a £45M fund to back UK medtech, a first for an all-female GP team
Thena Capital has closed its first fund at £45m ($60.4m), the London venture firm announced this week, after a £27m first close in March 2025. The fund backs early-stage British medical-technology companies, and it is now fully closed. The milestone is not only the money. Thena is the first all-female general partner team to win […]<br /> This story continues at The Next Web [...]
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Picogrid raises $45M to become the neutral integration layer for modern defence
The Pentagon is buying defence hardware faster than it can make any of it talk to each other. Sensors, autonomous platforms, edge compute, electronic-warfare payloads, space and undersea systems, all [...]
Satya Nadella warns that AI could hollow out entire industries, echoing the damage done by globalization
Microsoft CEO Satya Nadella published a sweeping essay on Sunday laying out what he describes as the defining economic challenge of the AI era: the risk that a handful of frontier models will absorb t [...]
A Kazakh fund-of-funds just made its first public venture bet on Central Asia’s startup boom
Kazakhstan’s Alem Capital Management has anchored a regional venture capital fund backing technology startups across Central Asia and the Caucasus, marking the fund-of-funds manager’s first public [...]
Merantix Capital closes a €103m fund to back early-stage European AI
Merantix Capital has closed a €103m fund to invest in early-stage, AI-native teams across Europe, the Berlin firm announced on 4 June. The fund is more than three times the size of its first vehicle [...]
Kembara closes €750M first close to fuel growth of European deep tech startups
Europe’s largest dedicated deep tech growth fund has taken a major step forward after closing the first tranche of its fundraising effort at €750 million. The fund, known as Kembara Fund I and m [...]
Dutch women tech leaders call for stronger support for female founders
In the run-up to every International Women’s Day (IWD), new data is released on gender inequity in tech. Frequently, the findings are disheartening. This week, one report estimated that female found [...]
AI summaries can downplay medical issues for female patients, UK research finds
The latest example of bias permeating artificial intelligence comes from the medical field. A new study surveyed real case notes from 617 adult social care workers in the UK and found that when large [...]
Former Meta CTO raises $250 million for climate tech as the rest of venture capital chases AI
Gigascale Capital, the venture firm led by former Meta chief technology officer Mike Schroepfer, has raised a $250 million fund to invest in energy, grid infrastructure, and critical minerals startups [...]