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AI startup Holistic, founded by ex-DeepMind scientists, is raising $200 million in new funding. The Paris-based startup is raising capital from Accel and BPI France, sources say. The startup aims to develop a multi-agent AGI, per a leaked investor deck obtained by BI. AdvertisementA Paris-based AI startup founded by two ex-DeepMind scientists is set to raise around $200 million in new funding. Ex-DeepMind scientist Laurent Sifre is chief LLM officer.
Persons: AGI, , Charles Kantor, Karl Tuyls, Laurent Sifre Organizations: Accel, BPI France, BI, Service, Stanford Business School, Business Locations: Paris
CNN —Nottingham Forest has accused a Premier League refereeing official of being a fan of relegation rival Luton Town in an extraordinary social media post following the team’s 2-0 defeat by Everton on Sunday. “Three extremely poor decisions - three penalties not given - which we simply cannot accept,” the club wrote on X, formerly Twitter. “We warned the PGMOL [Professional Game Match Officials Limited] that the VAR is a Luton fan before the game but they didn’t change him. “The Premier League was extremely disappointed to read the comments made by Nottingham Forest on social media yesterday, following its match against Everton,” the league said in a statement on Monday. Catherine Ivill/Getty Images“It tells you where we are with the Premier League and the clubs now,” he said during post-match coverage Sunday.
Persons: Giovanni Reyna, Callum Hudson, Anthony Taylor, Stuart Attwell, , NFFC, Jamie Carragher, ” Forest, Catherine Ivill, , “ Attwell, Taylor, Gary Neville, Attwell, Ashley Young’s, , Mark Clattenburg, victimised, ” Callum Hudson, Ashley Young, Andrew Yates, Jurgen Klopp, Nuno Espírito Santo, Neco Williams, Keith Hackett, they’ve, Hackett Organizations: CNN, Nottingham Forest, League, Luton Town, Everton, Sunday, Luton, Forest, English Football Association, Premier League, Sky Sports, Liverpool, Manchester United, Ashley Young’s handball, ’ Former Premier League, Daily Mail, BBC, Sheffield Locations: Luton, Manchester, , Liverpool, Clattenburg, Forest
Raymond James raised its price target on Nvidia to $1,100, noting revenue momentum will stay strong. On a more sour note, Bank of America lowered its price target on Boeing to $190, citing risks around the company's ongoing safety issues. He raised his price target by $30 to $160, which suggests more than 25% potential upside for shares. Analyst Bryan Bergin initiated coverage of Mastercard with a buy rating and $545 price target, which indicates 16.2% potential upside. — Pia Singh 5:50 a.m.: Bank of America cuts Boeing price target Boeing's latest troubles made Bank of America even more skeptical on the stock's prospects.
Persons: Raymond James, Berenberg, Andres Castanos, Mollor, — Pia Singh, Bernstein, Johnson, Callum Elliott, Kenvue, Elliott, Lorraine Hutchinson, Hutchinson, Nike's, TD Cowen, Bryan Bergin, Bergin, Blackwell, Srini Pajjuri, Ronald Epstein, Dave Calhoun, Epstein, Fred Imbert Organizations: CNBC, Nvidia, Bank of America, Boeing, Johnson, Nike, Mastercard, Visa, of America, New York Times Locations: Albemarle, underperform, China, Europe, Asia
This is Business Insider's annual list of the hottest fintech startups in Europe. After years of standing as the bloc's most in-demand sector, investment in fintech has slumped considerably. In 2022, fintech made up 17% — or $13.9 billion — of the $82 billion that had been invested into European startups, according to Atomico. That number dropped last year when around $4.5 billion was invested — the equivalent of a tenth of the total $45 billion poured into the ecosystem. This story is available exclusively to Business Insider subscribers.
Persons: , fintech Organizations: Service, Business Locations: Europe, fintech
CNN —Romance was in the air at London’s St. Pancras station on Tuesday, and not just because burgeoning power couple Dua Lipa and actor Callum Turner were spotted returning from a trip to Paris. Beyond their similar leather jackets, there was something nostalgic, even sentimental about their looks. Turner wheeled a silver Rimowa cabin case decked out with a smorgasbord of luggage stickers. The fashion for luggage patches began around the 1900s — they were typically offered by grand, palatial hotels. “In this age of nostalgia… I say bring back the travel sticker,” wrote the New York Times in 1971, insisting that the colorful decorations are key to evoking pleasant memories and standing out from the crowd.
Persons: Dua Lipa, Callum Turner, Jane Birkin, Turner, Neil Mockford, , Birkin, , it’s, Taylor, Lipa — Organizations: CNN, Dua, Puma, New York Times, Vogue Locations: London’s St, Pancras, Paris, Lipa, Palermo, Italy, Costa Rica, Greece, Israel, Palestine
Last June, storied investor Sequoia Capital announced it was to split itself into three separate entities. Sequoia Capital would look after the US and Europe; Peak XV Partners would manage its investments in India; and HongShan Capital would be based in China. The emergence of HongShan as an active investor in Europe would result in the firm "competing with former family," one source said. The expansion could be aimed at attracting businesses that target the Chinese market or companies set up by Chinese entrepreneurs away from home, the FT said, citing sources who had spoken with Shen. HongShan Capital's most recent fund includes LPs such as CalPERS, the University of Texas Investment Management Company, and the University of Washington endowment.
Persons: HongShan, Neil Shen, Shen Organizations: Sequoia Capital, YouTube, Sequoia, Partners, HongShan, Business, United, Strategic, University of Texas Investment Management Company, University of Washington Locations: China, Europe, India, London, Singapore, Asia
Naro, a German fintech startup, has raised $3 million in pre-seed funding. Cologne-based Naro, founded in 2022, wants to take advantage of the boom in exchange-traded funds — or ETF — products in Europe to offer white-label services to various banks, funds, and brokers. Naro's pre-seed funding round was led by Berlin's La Famiglia alongside Discovery Ventures, plus investment from Robin Capital, Angel Invest, and various angels. Funding will go towards expanding the startup's current team of 10 staff as it looks to partner with potential customers looking to build out products within their existing infrastructure. Naro's business plan subsequently changed from its original slides, you can see a version of its pre-seed pitch deck below:
Persons: Chris Püllen, Püllen, Naro's, Berlin's La Organizations: Business, Trade Republic, Discovery Ventures, Robin Capital, Angel Invest, Credit Suisse Locations: Naro, Cologne, Europe, Germany
CNN —Russia is holding a presidential election that is all but certain to extend Vladimir Putin’s rule throughout this decade and into the 2030s. But this is not a normal election; the poll is essentially a constitutional box-ticking exercise that carries no prospect of removing Putin from power. But that is not to say Russians expect the election to change the direction of the country. Russia’s elections are neither free nor fair, and serve essentially as a formality to extend Putin’s term in power, according to independent bodies and observers both in and outside the country. In order to vote against Putin, you just need to vote for any other candidate,” he said on February 8.
Persons: Vladimir Putin’s, Putin, Alexey Navalny, Natalia Kolesnikova, Joseph Stalin, Putin’s, Dmitry Medvedev, euphemistically, , Abbas Gallyamov, Gallyamov, , Callum Fraser, Nikolay Kharitonov, Leonid Slutsky, Vladislav Davankov, Davankov, Vladimir Zhirinovsky, Boris Nadezhdin, Yekaterina Duntsova, Duntsova, Leonid Volkov, Volkov, Stringer, Alexey Navalny –, , Yulia Navalnaya, , “ Putin, Don’t, Navalnaya Organizations: CNN, Russian, Duma, Getty, Levada, Central, Commission, Royal United Services Institute, Communist Party, Slutsky, Liberal Democratic Party of Russia, Kremlin, CEC, Freedom, Putin, European Union, Foreign Affairs Locations: Russia, Ukraine, AFP, Soviet, Lithuanian, Vilnius, Chechen, Grozny, Moscow, Russian
The company is considering raising a Series C before what's left of its $90 million in funding runs out. BeReal closed a $60 million Series B funding round at an around $600 million valuation in late 2022, following a $30 million Series A earlier the same year. Sooner than later, BeReal leadership will be forced to choose between raising another round and maintaining its independence or selling itself outright, running the risk of disappearing. Company leadership holds an all-hands every quarter after they meet with the company's board, which includes investors. As for the possibility of an acquisition, BeReal leadership has told employees there are "offers" that have been made, without giving any specifics.
Persons: Alexis Barreyat, what's, BeReal, Yuri Milner's, Andreessen Horowitz, Barreyat, Romain Salzman, Kali Hays, Callum Burroughs cburroughs@businessinsider.com Organizations: Business, Gas, Yuri Milner's DST, Accel Locations: Paris, Japan, Asia, Pacific, khays@businessinsider.com
Lipa announced on Wednesday that her third album, "Radical Optimism," will arrive on May 3. During an interview with Rolling Stone, Lipa referred to these four collaborators as her "band." Jesso Jr. called his experience working on Lipa's album "the pinnacle of my writing career." "This record feels a bit more raw," she told Rolling Stone. Advertisement"Dua really enjoyed that," Harle told Rolling Stone.
Persons: , Lipa, Tyrone Lebon, TYRONE LEBON, Houdini, Kevin Parker, Danny L Harle, she'd, Lipa's, Caroline Ailin, Parker, Harle, Tobias Jesso Jr, Rolling, Lady Gaga, Travis Scott, Caroline Polachek, Charli XCX, Jesso, who's, Adele, Niall Horan, Florence Welch, Brittany Spanos, Liam Gallagher, Dua, she's, Damon Albarn, Noel Gallagher, who've, Taylor Swift, Harry Styles, hasn't, Spanos, Anwar Hadid, Romain Gavras, Callum Turner, Ailin Organizations: Service, Business, TYRONE, Rolling Stone, Impala, Brit, Gorillaz, Oasis, Stone Locations: DUA LIPA, @DUALIPA, Lipa, British
download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewLago, a French startup that offers open-source billing software, has raised $22 million. Founded in 2021, Lago utilizes the open-source community to help businesses like Mistral, Together AI, and Swan manage their payments and billing needs. AdvertisementIn addition, Lago, which has around 30% of its business in the US, will begin to scale out its offering outside of Europe. Lago believes its flexibility around infrastructure will help it win more clients globally as businesses look to create more customizable revenue stacks.
Persons: , Lago, Swan, Matt Turck, Chuong, Turck Organizations: Service, Business, FirstMark, New Locations: Paris, Lago, Europe
Russia’s Central Election Commission said that overseas voting will take place at 288 polling stations in 144 countries, Russian state media TASS reported. During the 2018 presidential elections, 401 polling stations operated abroad and more than 475,000 people voted, according to the Central Election Commission as quoted by RIA Novosti. But this year, many overseas polling stations that operated in 2018 have been closed. Russian citizens at the Russian embassy in Berlin, Germany, look at a list of candidates in the 2018 Russian presidential election. A mourner lays flowers on the grave of Russian opposition leader Alexey Navalny at the Borisovo cemetery in Moscow on March 2, 2024, the day after Navalny's funeral.
Persons: Sergey Kulikov, Kulikov, , Vladimir Putin, , Putin –, Joerg Carstensen, Luba Zakharov, ” Zakharov, Boris Nadezhdin, – Vladislav Davankov, Nikolai Kharitonov, Leonid Slutsky –, Alexey Navalny, Navalny’s, Yulia Navalnaya, Zakharov, , Olga Maltseva, Anna, Putin, ” Anna, Putin …, ” Putin, Callum Fraser, Fraser, ” Fraser, Alexey Navalny’s, Ilya Yashin, Vladimir Kara, Boris Nemtsov, Anna Politkovskaya, , ” Kulikov Organizations: CNN, Kremlin, European, Human Rights, Russian Foreign Ministry, Russia’s, Commission, TASS, RIA Novosti, , Central, Putin, Getty, Royal United Services Institute Locations: Russia, Dubai, Ukraine, Russian, Berlin, Germany, Hamburg, Moscow, AFP, Sheva, Israel
AI workflow automation startup Nanonets has raised $29 million in new funding. Check out the 24-slide pitch deck Nanonets used the land the funds. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementNanonets, an AI workflow automation startup, has raised $29 million in new funding.
Persons: , Jain Organizations: Accel India, Capital, Service, Business
British banking-as-a-service fintech Griffin has raised new funding after receiving regulatory approval to be a fully operational bank. The market is god awful, so not having to do a down-round, with outside investors coming in, is the best outcome." Griffin has raised £19.1 million, around $24 million, in a funding round led by MassMutual Ventures, NordicNinja, and Breega, with participation from Notion Capital, EQT Ventures, DG Daiwa and CircleRock. "We are hiring, but unlike earlier rounds, we aren't going on a hiring blitz, as we did the hiring for this round before the round closed. We were about to be a fully operational bank, so we needed operations roles," Jarvis added.
Persons: fintech Griffin, Griffin, David Jarvis, Allen Rohner, Jarvis, We've Organizations: Business, Prudential, Authority, Financial, MassMutual Ventures, NordicNinja, Notion, EQT Ventures, DG Locations: London
CNN —Oscars celebrations were in full swing on Sunday night and no post-show event was more packed with the glittery crowd than the annual Vanity Fair party. By the dance floor, Cardi B greeted Bailey and asked the new mom how her baby was doing. Nearby, Lizzo and her boyfriend scoped out the dance floor and were later seen twisting their arms to take a shot together. Kardashian wore a beige, waist-cinching gown as she fluttered around the party with Baltimore Ravens wide receiver O’Dell Beckham Jr.Kim Kardashian arrives at the Vanity Fair Oscars party. Stefanie Keenan/VF24/WireImage for Vanity Fair/Getty ImagesSam Rockwell, Justin Theroux and Jason Bateman gathered on the dance floor and were greeted by Olympian Shawn White and Nina Dobrev.
Persons: Oscar, Billie Eilish, Christopher Nolan, Barbie ”, “ Oppenheimer, America Ferrera, Margot Robbie, Matt Damon, Emily Blunt, Eilish, Phillip Faraone, Nancy Pelosi, Paul Pelosi, Sally Field, Pelosi, Paul Pelosi Stefanie Keenan, Usher, Ciara, Camila Cabello, Chloe, Cardi, Bailey, “ Barbie, Greta Gerwig, grooving, Barbie, Hari Nef, Lizzo, scoped, Paris Hilton, Nicole Richie, Lindsay Lohan, Kim Kardashian, Kardashian, O’Dell Beckham, Amy Sussman, Jenner, Kris Jenner, Kendall, Kylie Jenner, Kris, Demi Moore, Scout Willis, Bruce Willis, Moore, Elizabeth Banks, , Captain America, Chris Evans, Alba Baptista, Damon, Lucia, Chris Hemsworth, Elsa Pataky, Britney Spears, Mark Ruffalo, Sydney Sweeney, Jennifer Coolidge, Kevin Mazur, , Sweeney, Maude Apatow –, Judd Apatow, Coolidge, Catherine O’Hara, Barry Keoghan, Callum Turner, Sabrina Carpenter, Chelsea Handler, Sofia Vergara, Steven Spielberg, Stefanie Keenan, Sam Rockwell, Justin Theroux, Jason Bateman, Olympian Shawn White, Nina Dobrev, Theroux, Rita Moreno, nosh Organizations: CNN, Wallis Annenberg Center, Hollywood, Paris, Baltimore Ravens, Marvel, Air ” Locations: Beverly Hills, America, Halle, Dua Lipa, Tallulah
Read previewInvestors couldn't get enough of grocery delivery startups during the pandemic. Rohlik is on a pathway to profitability and has broken even in several key cities, CEO Tomas Cupr told Business Insider. Advertisement"The online grocery industry didn't have the best year in 2023, but we're still growing, which is super positive," Cupr told BI. At least 19 grocery delivery startups were operating across Europe at the height of the market. "The grocery delivery market remains a challenging area in Europe.
Persons: , Tomas Cupr, Cupr, we've, Turkey's, Germany's, Nalin Patel, Jan Hammer Organizations: Service, Venture, Business, Ventures Locations: Europe, Prague, Czechia, Hungary, Munich, London, Paris, Budapest, Vienna, Istanbul, New York
Only six months ago, the Super Eagles skipper had been considering walking away from international football entirely following disagreements with coach José Peseiro. “[It] resulted in us not actually speaking for a few months,” the defender told CNN World Sport’s Amanda Davies in a recent interview. Captain William Troost-Ekong (center, number 5) celebrates after scoring a penalty during Nigeria's AFCON semi-final match against South Africa on February 7, 2024. After dispatching a penalty in regular time, Troost-Ekong made no mistake during the subsequent shoot-out to help send his side into the final in Abidjan. Once again, it was a lead that came courtesy of a Troost-Ekong goal; this time from a powerful header.
Persons: William Troost, José Peseiro, Ekong, Amanda Davies, I’ve, , , AFCON, , Issouf Sanogo, Sebastian Haller, Les Éléphants, Peseiro Organizations: CNN, Africa, of Nations, Super Eagles, The, Eagles, Equatorial, Guinea Bissau, South, Ivory Coast, Alassane Ouattara, Nigerian Football Federation, English Premier League, Watford, Greek, PAOK Thessaloniki, PAOK Locations: Qatar, Portuguese, Dutch, The Netherlands, Nigeria, Ivory Coast, Equatorial Guinea, South Africa, AFP, Cameroon, Angola, Abidjan, , Holland, Belgium, Turkey, Italy
Filigran, a French cybersecurity startup, has raised $16.2 million in new funding. Founded in 2022, Filigran provides a series of products to help private companies and public institutions defend against threats using an open-source program. Based in Paris, Filigran's threat intelligence platform is used by Hermes, Airbus, and the FBI to help better understand security issues, which the rise of AI attacks has exacerbated, Filigran CEO Samuel Hassine told Business Insider. "Our products are all about aggregating and understanding your threat landscape, not just the technical threat but also risk analysis and cybersecurity," Hassine told BI. Check out Filigran's 12-slide Series A pitch deck below:
Persons: Hermes, Samuel Hassine, Hassine, Filigran Organizations: Airbus, FBI, Business, Moonfire Ventures, Motier Ventures Locations: Filigran, Paris, Australia, Europe
Coverdash, a New York-based embedded insurance startup, has raised $13.5 million. The startup offers insurance products via partners to SMEs. Coverdash, a New York-based embedded insurance startup, has raised $13.5 million in VC funding. Coverdash's platform lets insurance providers offer commercial insurance products to businesses, which are embedded into their own front-end systems through code. This story is available exclusively to Business Insider subscribers.
Organizations: Business Locations: New York
Energy startup Axle is in talks to raise a round backed by VC fund Accel, BI understands. The year-old company could raise around $6 million in capital as part of the deal, sources say. The energy tech startup uses electric vehicles and home energy assets to help balance grids. Energy software startup Axle Energy is in talks to raise fresh funding in a round backed by venture capital fund Accel, Business Insider understands. The London-based company, founded in 2023, connects electric vehicles and batteries to energy grids to help solve the intermittency of renewables.
Organizations: Energy, Accel, BI, Business Locations: London, Europe
Read previewSpanish fintech startup Embat has raised $16 million in fresh funding from VC fund Creandum, the company said Tuesday. This story is available exclusively to Business Insider subscribers. Treasury-management startups and similar offerings targeting the office of the CFO have become a key focus for fintech investors in recent years. Embat's proposition is directly aimed at financial software users, with data security at the forefront of its platform's architecture, cofounder Carlos Serrana told Business Insider. "We were probably born in the worst period to raise capital but we have built a solid product which has traction, and our sales have traction," Serrana told BI.
Persons: , Embat, Carlos Serrana, Creandum, Serrana Organizations: Service, JPMorgan, Business, Treasury, Venture Locations: Madrid, Germany
CNN —Russia is nearing a presidential election that is all but certain to extend Vladimir Putin’s rule throughout this decade and into the 2030s. The president’s dominance over the Russian electoral system has already been reinforced as the election looms. Voting will be held from Friday March 15 until Sunday March 17, the first Russian presidential election to take place over three days. The region makes up more than a third of Russia’s total territory but has only about 5% of its population. In order to vote against Putin, you just need to vote for any other candidate,” Navalny said on February 8.
Persons: Vladimir Putin’s, Putin, Alexey Navalny, Maxim Shemetov, Joseph Stalin, Putin’s, Dmitry Medvedev, ” Callum Fraser, Nikolay Kharitonov, Leonid Slutsky, Vladislav Davankov, Davankov, Vladimir Zhirinovsky, Boris Nadezhdin, Yekaterina Duntsova, Duntsova, Leonid Volkov, Volkov, Vladimir Nikolayev, euphemistically, Abbas Gallyamov, Gallyamov, Alexey Navalny –, , , ” Navalny, Yulia Navalnaya, , “ Putin, Don’t Organizations: CNN, Russian, Duma, Federal, Reuters, Kommersant, CEC, Royal United Services Institute, Communist Party, Slutsky, Liberal Democratic Party of Russia, Kremlin, Freedom, Putin, Levada, EU, Foreign Affairs Council, European Union Locations: Russia, Ukraine, Russia’s, Soviet, AFP
The Oman Cultural Complex, designed by French firm Architecturestudio, will consist of the new National Theatre, National Library and an exhibition center, and cover 70,000 square meters upon completion. ArchitectureStudioRoueïda Ayache oversees most Architecturestudio projects in the Middle East, including previous designs such as the Bahrain National Theatre, opened in 2012, and Jordan’s Amman Rotana Tower. She believes that the Cultural Complex will become a key attraction in Muscat. ArchitectureStudioRené-Henri Arnaud is the partner architect in charge of the Cultural Complex, and for him, a crucial aspect is its practicality. Arnaud adds that the National Library “will be a multimedia library, not just for students but international visitors.”There is no definitive completion date as yet for the complex.
Persons: Architecturestudio, Roueïda Ayache, , Ayache, ArchitectureStudio René, Henri Arnaud, “ It’s, Arnaud Organizations: CNN, National Theatre, National Library, Bahrain National Theatre, Jordan’s, Jordan’s Amman Rotana, Oman’s Ministry of Heritage, Muscat International Airport, Theatre, National Locations: Muscat, Oman, Jordan’s Amman, Muscat . “, Greater Muscat
Danish compliance startup Spektr has raised $5.4 million in seed funding. The company, set up by the founders of HelloFlow, has emerged from stealth. The company plans to use the funding to grow its team and begin to expand into the US. Spektr, a fintech startup that helps companies with compliance, has raised $5.4 million. The Copenhagen-based startup is emerging from stealth and aims to improve the client onboarding experience for companies.
Persons: Spektr, Mikkel Skarnager Organizations: HelloFlow, Business Locations: Copenhagen
Bioptimus, a new French AI startup for life sciences, has raised $35 million in seed funding. Founded in 2023, Bioptimus is the brainchild of Jean-Philippe Vert, a former research scientist at Google and recently chief R&D officer at French health AI startup Owkin. The company was formed to capitalize on the enormous potential of AI in biological sciences, Vert told Business Insider. "There is something very special now about AI," Vert said. Owkin, Vert's former employer, is an investor and partner to the startup, as is tech entrepreneur and investor Xavier Niel.
Persons: Bioptimus, Jean, Philippe Vert, Rolophe Jenatton, Xavier Niel Organizations: Google, Business, Sofinnova Partners, Cathay Innovation, Harvest, Fundraising Locations: Owkin
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