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Finary wants to create the wealth management dashboard for the next generation

Meet Finary, a new French startup that wants to change how you manage your savings, investments, mortgage, real estate assets and cryptocurrencies. The company lets you aggregate all your accounts across various banks and financial institutions so that you can track your wealth comprehensively over time.
After attending Y Combinator, the startup has just closed a $2.7 million (€2.2 million) seed round led by Speedinvest with Kima Ventures and angel investors, such as Raphaël Vullierme also participating.
If you know people who have a ton of money, chances are they tend to be at least 40 or 50 years old — you don’t …

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European AI needs strategic leadership, not overregulation

Mark Minevich
Contributor

Mark Minevich is president of Going Global Ventures, an adviser at Boston Consulting Group, a digital fellow at IPsoft and a leading global AI expert and digital cognitive strategist and venture capitalist.

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Use AI responsibly to uplift historically disenfranchised people during COVID-19
Using AI responsibly to fight the coronavirus pandemic

The EU Commission recently proposed a new set of stringent rules to regulate AI, citing an urgent need. With the global race to regulate AI officially on, the EU published a detailed proposal on how AI should be regulated, explicitly banning some …

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Facebook loses last-ditch attempt to derail DPC decision on its EU-US data flows

Facebook has failed in its bid to prevent its lead EU data protection regulator from pushing ahead with a decision on whether to order suspension of its EU-US data flows.
The Irish High Court has just issued a ruling dismissing the company’s challenge to the Irish Data Protection Commission’s (DPC) procedures.
The case has huge potential operational significance for Facebook which may be forced to store European users’ data locally if it’s ordered to stop taking their information to the U.S. for processing.
Last September Irish data watchdog made a preliminary order warning Facebook it may …

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Huma, which uses AI and biomarkers to monitor patients and for medical research, raises $130M

While much of the world eagerly watches to see if the vaccination rollout helps curb and eventually stamp out Covid-19, one of the companies that has been helping to manage the spread of the virus is announcing a big round of funding on the heels for strong demand for its technology.
Huma, which combines data from biomarkers with predictive algorithms both to help monitor patients, and uses the same technology to help researchers and pharmaceutical companies run clinical trials, has closed an equity round of $130 million, a Series C that the company can extend to $200 million by way of a $70 …

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SightCall raises $42M for its AR-based visual assistance platform

Long before Covid-19 precipitated “digital transformation” across the world of work, customer services and support was built to run online and virtually. Yet it too is undergoing an evolution supercharged by technology.
Today, a startup called SightCall, which has built an augmented reality platform to help field service teams, the companies they work for, and their customers carry out technical and mechanical maintenance or repairs more effectively, is announcing $42 million in funding, money that it plans to use to invest in its tech stack with more artificial intelligence tools and expanding its client base.
The core of its service, explained …

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Cowboy launches the Cowboy 4 e-bike, with a step-through version and built-in phone charger

E-bike startup Cowboy has launched the Cowboy 4, its newest generation of urban electric bikes. The bike will come in two different frames, a traditional frame, and a step-through.The C4 is basically an upgrade on the previous version 3, while the ‘C4 ST’ is a step-through model which the company is predicting will appeal to young people used to city bikes.
The C4 and C4 ST are both priced at £2,290/€2,490 inclusive of mudguards and are available for pre-order with a €100/£100 deposit starting from today cowboy.com, with deliveries starting in September 2021.
Cowboy has raised $46.1M in venture capital and largely extent …

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Less than 24 hours to save $100 to TC Sessions: Mobility 2021

Calling all frazzled procrastinators, feet-draggers, lollygaggers and last-minute decision makers. The best price on passes to TC Sessions: Mobility 2021, which takes place on June 9, disappears in mere hours.
It’s now o’clock, baby. Shift your EV into gear, hail a robotaxi or tell Mr. Scott to beam you up — whatever it takes to buy your pass before the early bird deadline expires tonight, May 6, at 11:59 pm (PT).
TC Sessions: Mobility 2021 gathers the very best people in the mobility startup ecosystem to discuss the rapidly evolving trends, opportunities and challenges that come from inventing new ways to move populations — and …

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Pivoting from offline into virtual events for enterprises nets Tame a $5.5M Seed round

In March 2020, Tame had a digital event suite for offline corporate events. But with the pandemic hitting, it did a hard pivot into providing a highly customizable virtual events platform, primarily used by companies for their sales events. The result is that it has now raised a seed round of $5.5m, a large round for its native Denmark, led by VF Venture (The Danish Growth Fund), along with byFounders and and three leading angels: Mikkel Lomholt (CTO & Co-founder, Planday); Sune Alstrup (Ex-CEO & Co-founder, The Eye Tribe); and Ulrik Lehrskov Schmidt.
The investment will be used to scale from 20 to 60 new …

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London’s Stride VC raised second $138.6M seed fund, hunts for third partner

Stride VC, a London-based seed investment fund, has raised its second fund, which will be £100M ($138.6M) – identical to its first fund. The fund will invest primarily in London startups but also look at select European opportunities.
The breakup of the LPs in the fund is 10% fund of funds, 60% other institutional, 28% family offices, and 10% individuals. Stride said some 80% of this new fund came from returning LPs, and 20% from two new unnamed institutional investors. Stride does not have any public or government investment.
Investors include the founders of Cazoo, King, Pillpack, Dott, and institutional investors such as Delin Ventures, Draper Esprit, …

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Apple’s App Store Draws E.U. Antitrust Charge

This week, Apple flexed its power by introducing a software update that gave customers more power to block data tracking by apps, a change that has started a feud with Facebook, which has criticized the move as anticompetitive because it will harm the ability to sell online advertising.Companies are increasingly pushing regulators and courts to intervene. At a congressional hearing in Washington last week, companies including Spotify, Tile and Match Group told senators how policies set by Apple and Google, whose Play Store is another pinch point for app developers, hurt competition and resulted in higher app prices for …

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