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Froda secures $23M Series B for its debt financing platform for SMEs

​Swedish Fintech startup Froda has secured a $22.7 million (€20m) Series B round led by Incore Invest, also based in Sweden. The move bucks the trend of a slight slowdown in investments into fintech, plus a further confirmation of the long-term trend towards the ’embedded finance’ model.  Largely operating in northern European countries from Finland […]  

Tech resilience, breakout startups, and banking reinvented: The big conversations at StrictlyVC London in May

Tech resilience, breakout startups, and banking reinvented: The big conversations at StrictlyVC London in May

​StrictlyVC is heading to London on May 13, uniting top investors and entrepreneurs to spark meaningful connections and drive forward innovation. We’re thrilled to welcome industry leaders like Nazo Moosa, general partner at Paladin Capital Group; Sonali De Rycker, partner at Accel; and TS Anil, CEO of Monzo Bank, to the stage. Paladin is proud […]  

Intel reportedly plans to lay off over 21,000 employees

​Intel is set to cut over 21,000 people, or roughly 20% of its workforce, with an announcement due this week, according to a Bloomberg report.  The news comes ahead of Intel’s Q1 earnings call helmed by recently appointed CEO Lip-Bu Tan, who replaced longtime chief Pat Gelsinger last year.  With the layoffs, Tan aims to […]  

xAI’s Grok chatbot can now ‘see’ the world around it

​xAI’s Grok chatbot can now answer questions about what’s in view of your smartphone’s camera, similar to real-time vision features available for Google’s Gemini and ChatGPT. On Tuesday, xAI announced the launch of Grok Vision, which lets users point their phone at objects like products, signs, and documents and ask questions about them. Grok Vision […]