{"id":605840,"date":"2023-02-08T07:49:26","date_gmt":"2023-02-08T13:49:26","guid":{"rendered":"https:\/\/news.sellorbuyhomefast.com\/index.php\/2023\/02\/08\/daily-crunch-global-vc-firm-partech-reaches-first-close-of-largest-african-fund-at-e245-million\/"},"modified":"2023-02-08T07:49:26","modified_gmt":"2023-02-08T13:49:26","slug":"daily-crunch-global-vc-firm-partech-reaches-first-close-of-largest-african-fund-at-e245-million","status":"publish","type":"post","link":"https:\/\/newsycanuse.com\/index.php\/2023\/02\/08\/daily-crunch-global-vc-firm-partech-reaches-first-close-of-largest-african-fund-at-e245-million\/","title":{"rendered":"Daily Crunch: Global VC firm Partech reaches first close of largest African fund at \u20ac245 million"},"content":{"rendered":"<div>\n<p id=\"speakable-summary\"><em>To get a roundup of TechCrunch\u2019s biggest and most important stories delivered to your inbox every day at 3 p.m. PST, <\/em><a href=\"https:\/\/techcrunch.com\/newsletters\/\"><em>subscribe here<\/em><\/a><em>.<\/em><\/p>\n<p>What\u2019s up, Crunchy readers!<\/p>\n<p>True crime has its grip on us all, and <a href=\"https:\/\/twitter.com\/lorenzofb\" target=\"_blank\" rel=\"noopener\">Lorenzo<\/a>\u2019s review of <a href=\"https:\/\/techcrunch.com\/2023\/02\/07\/andy-greenberg-tracers-in-the-dark-book-review\/\">\u201cTracers in the Dark\u201d<\/a> is fascinating. In the book, the author covers how cops go after cybercriminals, and it shows that there is hope in stopping drug dealers, dark web market kingpins and child abusers. And it\u2019s all thanks to the immutable, persistent nature of the Bitcoin blockchain, the perfect place to follow the money.<\/p>\n<p>Our Black history month mention of the day is Ijeoma Oluo\u2019s <a href=\"https:\/\/www.amazon.com\/You-Want-Talk-About-Race\/dp\/1580056776\">\u201cSo You Want to Talk About Race,\u201d<\/a> which Haje read last year and which served as a bit of an eye-opener to all the things he thought he knew but really didn\u2019t about how race shows up, ranging from police brutality and cultural appropriation to the model minority myth. For white people, it\u2019s 100% worth a read before you start asking dumb and embarrassing questions to your people-of-color friends.<\/p>\n<p>\u2014 <a href=\"https:\/\/twitter.com\/ChristineMHall\" target=\"_blank\" rel=\"noopener\">Christine<\/a> and <a href=\"http:\/\/twitter.com\/haje\" target=\"_blank\" rel=\"noopener\">Haje<\/a><\/p>\n<h2>The TechCrunch Top 3<\/h2>\n<ul>\n<li><a href=\"https:\/\/techcrunch.com\/2023\/02\/07\/partech-hits-first-close-of-largest-africa-focused-fund-at-e245m\/\"><strong>First close is the best close<\/strong><\/a>: Global venture capital firm Partech made a first close on its new fund of \u20ac245 million, which makes it the largest Africa-focused fund. <a href=\"https:\/\/twitter.com\/ulonnaya\" target=\"_blank\" rel=\"noopener\">Tage<\/a> writes that \u201coverwhelming interest from LPs meant Partech Africa II surpassed what was initially set for the entire fund at first close.\u201d<\/li>\n<li><a href=\"https:\/\/techcrunch.com\/2023\/02\/07\/microsoft-launches-the-new-bing-with-chatgpt-built-in\/\"><strong>Bing, not Chanandler Bong<\/strong><\/a>: <a href=\"https:\/\/twitter.com\/fredericl\" target=\"_blank\" rel=\"noopener\">Frederic<\/a> writes that Microsoft is celebrating \u201ca new day of search\u201d by launching the new Bing, complete with ChatGPT.<\/li>\n<li><a href=\"https:\/\/techcrunch.com\/2023\/02\/07\/drone-imagery-firm-dronebase-rebrands-to-zeitview-lands-55m-investment\/\"><strong>Capture this<\/strong><\/a>: Drone imagery firm DroneBase is now Zeitview. It also landed $55 million to continue developing its air and ground data capture technology, <a href=\"https:\/\/twitter.com\/kyle_l_wiggers\" target=\"_blank\" rel=\"noopener\">Kyle<\/a> reports.<\/li>\n<\/ul>\n<h2>Startups and VC<\/h2>\n<p>You wait for ages for a real-world application of AI image generation, and then suddenly, two come along at once. <a href=\"https:\/\/twitter.com\/bheater\" target=\"_blank\" rel=\"noopener\">Brian<\/a> writes about how <a href=\"https:\/\/techcrunch.com\/2023\/02\/06\/fridas-robot-arm-attempts-to-bring-dall-e-style-ai-art-to-real-world-canvases\/\">FRIDA\u2019s robot arm attempts to bring DALL-E-style AI art to real-world canvases<\/a>, and Haje covers how 3D laser cutting company <a href=\"https:\/\/techcrunch.com\/2023\/02\/07\/glowforge-ai\/\">Glowforge adds AI image generation<\/a> to its software package.<\/p>\n<p>Almost a year ago to the day, the 50-year-old investing powerhouse Sequoia Capital announced that it had reorganized itself around a singular, permanent structure, <a href=\"https:\/\/twitter.com\/cookie\" target=\"_blank\" rel=\"noopener\">Connie<\/a> reports. Now, thanks to an SEC form filed on Friday, we know how much is sitting in the Sequoia Capital Fund. And because we are sneaky capitalists doing it for the clicks. <a href=\"https:\/\/techcrunch.com\/2023\/02\/06\/sequoia-reveals-in-filing-how-much-is-sitting-in-its-sequoia-capital-fund-and-yes-its-a-lot\/\">If you wanna know how much, you gotta read the article<\/a>.<\/p>\n<p>And we have five more for you, complete with a soundtrack that jackknifes between a number of unlikely genres:<\/p>\n<ul>\n<li><a href=\"https:\/\/www.youtube.com\/watch?v=cpIEztX1R0k\" target=\"_blank\" rel=\"noopener\"><strong>????<\/strong><\/a><strong> It takes your brain to another dimension<\/strong>: <a href=\"https:\/\/twitter.com\/ritacyliao\" target=\"_blank\" rel=\"noopener\">Rita<\/a> reports that Singapore\u2019s <a href=\"https:\/\/techcrunch.com\/2023\/02\/07\/singapores-pixcap-draws-2-8m-to-power-web-based-3d-design\/\">PixCap draws $2.8 million <\/a>to power web-based 3D design.<\/li>\n<li><a href=\"https:\/\/www.youtube.com\/watch?v=6wuk_KrHZNs\" target=\"_blank\" rel=\"noopener\"><strong>????<\/strong><\/a><strong> When the laughter\u2019s gone<\/strong>: <a href=\"https:\/\/twitter.com\/refsrc\" target=\"_blank\" rel=\"noopener\">Manish<\/a> reports that<a href=\"https:\/\/techcrunch.com\/2023\/02\/06\/softbank-loses-nearly-6-billion-in-a-quarter-as-downturn-continues\/\"> SoftBank loses nearly $6 billion<\/a> in a quarter as the downturn continues.<\/li>\n<li><a href=\"https:\/\/www.youtube.com\/watch?v=FQlAEiCb8m0\" target=\"_blank\" rel=\"noopener\"><strong>????<\/strong><\/a><strong> The music sounds better with you<\/strong>:<a href=\"https:\/\/techcrunch.com\/2023\/02\/07\/frond-combines-the-best-of-discord-and-facebook-groups\/\"> Frond is a witty cross between Discord and Facebook groups,<\/a> by<a href=\"https:\/\/twitter.com\/asilbwrites\" target=\"_blank\" rel=\"noopener\"> Amanda<\/a>.<\/li>\n<li><a href=\"https:\/\/www.youtube.com\/watch?v=e3-5YC_oHjE\" target=\"_blank\" rel=\"noopener\"><strong>????<\/strong><\/a><strong> I still haven\u2019t found what I\u2019m looking for<\/strong>: <a href=\"https:\/\/twitter.com\/ron_miller\" target=\"_blank\" rel=\"noopener\">Ron<\/a> reports that <a href=\"https:\/\/techcrunch.com\/2023\/02\/07\/moonhub-wants-to-transform-the-way-companies-find-job-candidates-using-ai\/\">Moonhub wants to transform the way companies find job candidates using AI<\/a>.<\/li>\n<li><a href=\"https:\/\/www.youtube.com\/watch?v=688YaaEePwE\" target=\"_blank\" rel=\"noopener\"><strong>????<\/strong><\/a><strong> You don\u2019t have to know the way<\/strong>:<a href=\"https:\/\/techcrunch.com\/2023\/02\/06\/sharewell-pre-seed\/\"> ShareWell wants to scale mental health support with its 10,000 support groups<\/a>, without a therapist in sight, <a href=\"https:\/\/twitter.com\/haje\" target=\"_blank\" rel=\"noopener\">Haje<\/a> reports.<\/li>\n<\/ul>\n<h2>Cybersecurity teams, beware: The defender\u2019s dilemma is a lie<\/h2>\n<p>The Defender\u2019s Dilemma is one of cybersecurity\u2019s touchstones: \u201cDefenders have to be right every time. Attackers only need to be right once.\u201d<\/p>\n<p>It may sound authentic, but David J. Bianco, a staff security strategist at Splunk, says it\u2019s actually a false narrative that leaves systems less secure.<\/p>\n<p>\u201cDefenders rightly expect attackers to lie and cheat to achieve their goals, but sometimes we forget that lying and cheating can work both ways.\u201d<\/p>\n<p>Three more from the TC+ team:<\/p>\n<ul>\n<li><strong>Fin, meet Ed. Ed, Fin<\/strong>:<a href=\"https:\/\/techcrunch.com\/2023\/02\/07\/edtech-reacquaints-itself-with-fintech\/\"> Edtech reacquaints itself with fintech<\/a>, writes<a href=\"https:\/\/twitter.com\/nmasc_\" target=\"_blank\" rel=\"noopener\"> Natasha M<\/a>.<\/li>\n<li><strong>Yer gonna need both<\/strong>: <a href=\"https:\/\/twitter.com\/haje\" target=\"_blank\" rel=\"noopener\">Haje<\/a> explores <a href=\"https:\/\/techcrunch.com\/2023\/02\/07\/solution-vs-product-in-pitch-deck\/\">the difference between the solution and product slides in a startup\u2019s pitch deck<\/a>.<\/li>\n<li><strong>AI see what they did there<\/strong>: <a href=\"https:\/\/twitter.com\/KunalLunawat\" target=\"_blank\" rel=\"noopener\">Kunal Lunawat<\/a> argues that <a href=\"https:\/\/techcrunch.com\/2023\/02\/07\/generative-ai-is-building-the-foundation-of-proptechs-next-wave\/\">generative AI is building the foundation of proptech\u2019s next wave<\/a>.<\/li>\n<\/ul>\n<p><a href=\"https:\/\/techcrunch.com\/techcrunchplus\/\"><em>TechCrunch+<\/em><\/a><em> is our membership program that helps founders and startup teams get ahead of the pack.<\/em><a href=\"https:\/\/link.techcrunch.com\/click\/26685582.342535\/aHR0cHM6Ly90ZWNoY3J1bmNoLmNvbS9zdWJzY3JpYmUvP3V0bV9tZWRpdW09VENuZXdzbGV0dGVyJnRwY2M9VENkYWlseW5ld3NsZXR0ZXI\/6036d5494a049802a929497cBf82fd2bd\"><em> You can sign up here<\/em><\/a><em>. Use code \u201cDC\u201d for a 15% discount on an annual subscription!<\/em><\/p>\n<h2>Big Tech Inc.<\/h2>\n<p>What\u2019s your status? Well, if you\u2019re a WhatsApp user, you can now <a href=\"https:\/\/techcrunch.com\/2023\/02\/07\/whatsapp-voice-status-updates\/\">give a voice status update<\/a>,<a href=\"https:\/\/twitter.com\/JagmeetS13\" target=\"_blank\" rel=\"noopener\"> Jagmeet<\/a> writes. Each voice note can be up to 30 seconds and then set as your status. So now people have a voice to go with your photo.<\/p>\n<p>Today was all about the OnePlus smartphone: <a href=\"https:\/\/twitter.com\/bheater\" target=\"_blank\" rel=\"noopener\">Brian<\/a> gives you a rundown of the <a href=\"https:\/\/techcrunch.com\/2023\/02\/07\/the-699-oneplus-11-arrives-feb-16\/\">$699 OnePlus 11<\/a>, which arrives February 16, and he also looks at some of OnePlus\u2019 additional products like a <a href=\"https:\/\/techcrunch.com\/2023\/02\/07\/oneplus-teases-tablet-mechanical-keyboard\/\">tablet and mechanical keyboard<\/a>. Then <a href=\"https:\/\/twitter.com\/indianidle\" target=\"_blank\" rel=\"noopener\">Ivan<\/a> writes about the <a href=\"https:\/\/techcrunch.com\/2023\/02\/07\/oneplus-launches-buds-pro-2-with-improved-sound-and-noise-cancelation-at-179\/\">Buds Pro 2<\/a>, which will run you a cool $179 but has improved sound and noise cancellation.<\/p>\n<p>And we have five more for you:<\/p>\n<ul>\n<li><strong>Fire a warning shot across his nose<\/strong>: The European Union is not impressed with <a href=\"https:\/\/techcrunch.com\/2023\/02\/07\/elon-musk-twitter-disinformation-josep-borrell\/\">Elon Musk\u2019s decision to end free access to Twitter\u2019s APIs<\/a>. <a href=\"https:\/\/twitter.com\/riptari\" target=\"_blank\" rel=\"noopener\">Natasha L<\/a> has more.<\/li>\n<li><strong>No more zoomies for some<\/strong>: <a href=\"https:\/\/twitter.com\/asilbwrites\" target=\"_blank\" rel=\"noopener\">Amanda<\/a> reports on yet another company layoff, this time at Zoom, where it will<a href=\"https:\/\/techcrunch.com\/2023\/02\/07\/zoom-layoffs-impact-15-of-staff\/\"> impact 15% of the staff<\/a>. On a unique note, CEO Eric Yuan said he will cut his salary by 98% and decline his bonus while other executives will reduce their pay by 20% and also forfeit their bonuses.<\/li>\n<li><strong>Straight to the core<\/strong>: <a href=\"https:\/\/twitter.com\/panzer\" target=\"_blank\" rel=\"noopener\">Panzer<\/a> spoke to Apple\u2019s vice president of Platform Architecture and Hardware Technologies Tim Millet and VP of Worldwide Product Marketing Bob Borchers about <a href=\"https:\/\/techcrunch.com\/2023\/02\/06\/apple-execs-on-m2-chips-winning-gamers-and-when-to-buy-a-mac\/\">M2 chips, winning gamers and when to buy a Mac<\/a>.<\/li>\n<li><strong>You can\u2019t see me<\/strong>:<a href=\"https:\/\/techcrunch.com\/2023\/02\/06\/tinder-rolls-out-new-safety-features-including-an-incognito-mode\/\"> Tinder has some new safety features<\/a>, including a premium feature called \u201cIncognito Mode,\u201d which lets you \u201clike\u201d and \u201cnope\u201d \u2014 but only those you like will see it,<a href=\"https:\/\/twitter.com\/AiishaMalik1\" target=\"_blank\" rel=\"noopener\"> Aisha<\/a> reports.<\/li>\n<li><strong>The battle for our children\u2019s attention<\/strong>: <a href=\"https:\/\/twitter.com\/sarahintampa\" target=\"_blank\" rel=\"noopener\">Sarah<\/a> writes that <a href=\"https:\/\/techcrunch.com\/2023\/02\/07\/tiktok-is-crushing-youtube-in-annual-study-of-kids-and-teens-app-usage\/\">TikTok is crushing YouTube<\/a> when it comes to a look at kids\u2019 and teens\u2019 app usage in 2022.<\/li>\n<\/ul><\/div>\n<p><a href=\"https:\/\/techcrunch.com\/2023\/02\/07\/daily-crunch-global-vc-firm-partech-reaches-first-close-of-largest-african-fund-at-e245-million\/\" class=\"button purchase\" rel=\"nofollow noopener\" target=\"_blank\">Read More<\/a><br \/>\n Christine Hall<\/p>\n","protected":false},"excerpt":{"rendered":"<p>To get a roundup of TechCrunch\u2019s biggest and most important stories delivered to your inbox every day at 3 p.m. PST, subscribe here. What\u2019s up, Crunchy readers! True crime has its grip on us all, and Lorenzo\u2019s review of \u201cTracers in the Dark\u201d is fascinating. In the book, the author covers how cops go after<\/p>\n","protected":false},"author":1,"featured_media":605841,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[25851,2230,46],"tags":[],"class_list":{"0":"post-605840","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-crunch","8":"category-daily","9":"category-technology"},"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/605840","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/comments?post=605840"}],"version-history":[{"count":0,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/605840\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media\/605841"}],"wp:attachment":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media?parent=605840"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/categories?post=605840"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/tags?post=605840"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}