Early stage startups in Europe will be the primary beneficiaries of a new 6 million seed fund just announced by Berlin-based Team Europe Ventures. In the past we've talked about Europe's entrepreneurial woes, most notably a dearth of seed funding due to having a culture largely averse to taking risks...
A regional development firm in the UK is the first to announce a development fund for the Apple iPad, offering up to £40,000 ($64,500) for iPad application ideas. The introduction of this fund comes less than 24 hours after Apple's chief executive Steve Jobs demoed the company's highly anticipated touchscreen...
Britain's Conservative Party plans to offer a £1 million taxpayer-funded prize for a website that can "harness the wisdom" of voters. The price will be given to the team that develops a platform that enables large groups of people to come together online to solve common problems and develop new...
In 2006, in an essay entitled How to Be Silicon Valley, Y-Combinator's Paul Graham laid out what it would take to build the next generation of emerging startup hubs. According to Graham, all that is required are nerds, rich people, personality and a willingness to tolerate odd (but brilliant) ideas....
When we wrote about the 22 finalists selected to pitch at Seedcamp Week 2009, there were several teams whose ideas excited us in particular. Three of our eight picks have now been announced as Seedcamp winners and will receive 50.000 and three months of advisement and assistance from the European...
After Andy Baio co-founded and sold social events listing site Upcoming.org to Yahoo! he could have spent the rest of his days doing whatever he wanted. He spent a year and a half writing, but this month he decided to join another startup (Kickstarter.com), because he loves building social software....
Laura "Pistachio" Fitton's TechStars project, OneForty, has received an angel round of funding to the tune of around $250,000 just 15 days into the business accelerator session.The startup, which was selected to participate in the Boston TechStars program, is described as an "app store for Twitter." Fitton, who literally wrote...
The US Office of Management and Budget issued new reporting guidelines this week for recipients of the $787 billion American Recovery and Reinvestment Act of 2009 and the normally polite geek watchdog organization the Sunlight Foundation has come out swinging."...[A]bsent from the new instruction is a requirement to make raw...
Today, the UK government finally released its long-awaited Digital Britain report, which, among other things, confirms the government's intention to provide broadband access at 2Mbps to every household in the UK by 2012. According to the report, about 11% of all households in the UK cannot currently get broadband service...
France's highest court, the Constitutional Council, ruled that access to the internet is a "fundamental human right" this week in striking down a controversial "three strikes" anti-piracy law called Loi Hadopi, according to a report today from the UK Daily Mail. Were such an opinion agreed upon by other governments...
Netbooks, iPhones, Android mobile devices. Personal computing around the world is converging on the hand-held device, and the combination of price point, sophistication and network effect could help deliver more of what many early supporters of the internet were aiming for - democratization of media and technology.What's it going to...
True Ventures got our attention by closing a Series A deal in the dark days just after the financial meltdown, funding Syncplicity. It has just announced that it is funding LoopFuse, a late entrant to the very crowded marketing automation space. Sean Dwyer, CEO of LoopFuse, confirms that the Series...
We first reported on VC Series A deals in the web-tech sector in October 2008, following the financial meltdown, and we updated our coverage in November, reporting some improvement. Now it is time for the good news from December and January. The amount invested by VCs in Series A deals...
The trailblazing blog PaidContent, specializing in coverage of the business of new media, will be acquired by the Guardian Media Group, writes Kara Swisher tonight in a very sweet scoop. As Swisher says, it's a coup for new media - but it's another great move by the Guardian Media Group...
Last month US Presidential hopeful John McCain announced an ambitious new proposal that would award a $300 million prize to the inventor of a better battery for powering automobiles. It is a laudable idea and one that could tackle some of the biggest problems the world faces - but it's...
They say imitation the most sincere form of flattery. If that's true, then Paul Graham must be about to drown from all the praise. His Y Combinator project, which has funded nearly 60 startups since 2005 and has arguably inspired a new emphasis on smaller scale investments at traditional venture...
Somerville, Massachusetts-based Firstgiving makes it simple for anyone to raise money for any accredited charity in the US. By providing donation and awareness tools to organizers, anyone can set up a fund drive in the name of their favorite charity. One of the most popular uses of Firstgiving is to...
A new project from the University of Oxford (UK), the University of Portsmouth (UK) and Johns Hopkins University (US) aims to harness the power of the human brain to identify and classify galaxies and stars. On the Galaxy Zoo website, users are asked to identify the objects in photographs as...
One of the more innovative web apps around has just gotten another big injection of funds, and a new CEO to boot. Zopa describes itself as a "marketplace for Social Lending", where people lend and borrow money with each other - sidestepping the middleman, i.e. banks. They recently advertised for...
Continuing my series on international Web apps, today I'll be covering the top products in the United Kingdom market. In case you missed it, over the past week or so I've reviewed Germany, Holland, Poland and Korea. This week I've got more great non-Silicon Valley startups for you!The information for...
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