📶 Europe VC trends (and charts)

What's new in Europe, big banks are training their own LLMs, and Anthropic gets accused of 'egregious' data scraping

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Good morning 👋

And Happy Thursday.

We’re nearly a week into the Olympics, and I still haven’t watched a single event. Maybe that changes (doubtful), but only time will tell.

Switching gears - here are the biggest headlines you missed from yesterday.

TL;DR:

HEADLINES
What’s going on in Europe? 🇪🇺

  • Improving fortunes: Q2 2024 European VC trends in 5 charts (Pitchbook)

  • A Robust Seed Market Creates Its Own Dilemmas In A Slower Funding Market (Crunchbase)

  • Flo Health Lands $200M As Women’s Health Funding Holds Strong (Crunchbase)

  • Moxxie Ventures, led by ex-Twitter media head, raises $95M third fund (TechCrunch)

  • Tiger Global partner Alex Cook to leave firm, sources say (TechCrunch)

  • OpenAI releases ChatGPT’s hyperrealistic voice to some paying users (TechCrunch)

  • Tezi is building an AI agent for hiring managers (TechCrunch)

  • SEC charges BitClout founder Nader Al-Naji with fraud; says proceeds paid for L.A. mansion, gifts (TechCrunch)

  • Morgan Stanley Moves Forward on Homegrown AI (WSJ)

  • Preparing for the Next Worldwide Tech Outage (WSJ)

  • It’s Time for AI to Start Making Money for Businesses. Can It? (WSJ)

  • AI start-up Anthropic accused of ‘egregious’ data scraping (FT)

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FUNDS

Name

Fund Size

Fund Number

Kingswood

$1.5b

III

Menlo Ventures

$100m

I

Graham Partners

$1.8b

VI

DFJ Growth

$1m

V

Trill Impact

$98.217m

I

Alliance Consumer Growth

$160m

V

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POLL

Are you actively investing in Europe?

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RESULTS

Here are the results from our poll question in yesterday’s piece:

Do you regularly listen to podcasts? 🎧

 

🟩🟩🟩🟩🟩🟩 Yes - every day (11)

🟨🟨🟨⬜️⬜️⬜️ Yes - maybe once a week (6)

🟩🟩🟩🟩🟩🟩 Yes - but only maybe once a month (11)

🟨🟨🟨⬜️⬜️⬜️ Nope - never (6)

34 Votes

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