Spain’s vulnerability to climate change aids Madrid-based VC Seaya in closing a €300M climate tech fund

/in /tarafından

According to a recent Dealroom report on the Spanish tech ecosystem, the combined enterprise value of Spanish startups surpassed €100 billion in 2023. Reinforcing this upward trajectory, Madrid-based venture capital fund Seaya has successfully closed Seaya Andromeda, a €300 million climate tech fund. This fund, designated as an “Article 9” under the EU’s Sustainable Finance Disclosures Regulation Act, mandates that investments must have a positive societal or environmental impact. Devamını Oku

Why deep tech VC Driving Forces is closing its doors

/in /tarafından

Sidney Scott, the solo general partner of Driving Forces, has decided to exit the venture capital scene, humorously announcing an auction of his vests starting at $500,000. This decision comes as Scott winds down his $5 million fintech and deep tech VC fund, launched in 2020, which he described as a “wild ride.” Devamını Oku

Twilio reports that hackers have identified the cell phone numbers of Authy users using its two-factor authentication app

/in /tarafından

Last week, Twilio, a major U.S. messaging platform, faced a security breach where hackers claimed to have obtained 33 million phone numbers, primarily from users of Authy, Twilio’s popular two-factor authentication app. Confirming the incident, Twilio spokesperson Kari Ramirez informed TechCrunch that the breach exploited an unauthenticated endpoint, allowing threat actors to access phone number data associated with Authy accounts. Twilio promptly secured the endpoint to prevent further unauthorized access. Devamını Oku