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

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True crime has its grip on us all, and Lorenzo’s overview of “Tracers in the Dark” is fascinating. Within the e-book, the writer covers how cops go after cybercriminals, and it exhibits that there’s hope in stopping drug sellers, darkish net market kingpins and baby abusers. And it’s all because of 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 exhibits up, starting from police brutality and cultural appropriation to the mannequin minority fantasy. For white folks, it’s 100% price a learn earlier than you begin asking dumb and embarrassing inquiries to your people-of-color buddies.

Christine and Haje

The TechCrunch Prime 3

  • First close is the best close: World enterprise capital agency Partech made a primary shut on its new fund of €245 million, which makes it the most important Africa-focused fund. Tage writes that “overwhelming curiosity from LPs meant Partech Africa II surpassed what was initially set for the complete fund at first shut.”
  • Bing, not Chanandler Bong: Frederic writes that Microsoft is celebrating “a brand 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 growing its air and floor knowledge seize know-how, Kyle stories.

Startups and VC

You look ahead to ages for a real-world software of AI picture technology, after which all of the sudden, two come alongside without delay. Brian writes about how FRIDA’s robot arm attempts to bring DALL-E-style AI art to real-world canvases, and Haje covers how 3D laser chopping firm Glowforge adds AI image generation to its software program bundle.

Virtually 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 stories. Now, because of an SEC kind filed on Friday, we all know how a lot is sitting within the Sequoia Capital Fund. And since we’re sneaky capitalists doing it for the clicks. If you wanna know how much, you gotta read the article.

And we have now 5 extra for you, full with a soundtrack that jackknifes between quite a lot 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 need to be proper each time. Attackers solely have to be proper as soon as.”

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

“Defenders rightly count on attackers to lie and cheat to realize their objectives, however typically we overlook that mendacity and dishonest can work each methods.”

Three extra from the TC+ workforce:

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Massive Tech Inc.

What’s your standing? Effectively, in the event you’re a WhatsApp consumer, now you can give a voice status update, Jagmeet writes. Every voice observe may be as much as 30 seconds after which set as your standing. So now folks have a voice to go together with your photograph.

At the moment 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 to be like at a few of OnePlus’ extra merchandise like a tablet 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 have now 5 extra for you:

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