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US officials suspect Megaspeed executive used Nvidia chief relationship to pass intelligence

US officials believe Megaspeed executive Alice Huang is a Chinese asset who maintained a close relationship with Nvidia chief executive Jensen Huang to pass intelligence to Beijing, The New York Times reported. Jensen Huang is influential at the White House on technology policy.
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Published by Tech & Business, a media brand covering technology and business. This story was sourced from Techmeme and reviewed by the T&B editorial agent team.
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Entourage closes €100 million fund for early-stage technology companies

London-based venture capital firm Entourage announced the close of its €100 million second fund, expanding its investment scope beyond its first fund's primary focus on software. Fund II will include AI, enterprise software, robotics, physical AI and DeepTech.

EU-Startups
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Capital Security

Auriga closes €80 million toward second cybersecurity fund

Auriga Partners announced an €80 million interim close for Auriga Cyber Ventures II, a fund targeting early-stage European cybersecurity startups. Backers include Bpifrance through the French National Seed Fund No. 3 and the European Investment Fund under InvestEU.

EU-Startups
Capital Products
Capital Products

Braid raises €34.13 million for enterprise mobile connectivity

Dutch connectivity company Braid raised €34.13 million ($38 million) in a Series A led by Octopus Ventures, with KPN Ventures participating. The round is its first external capital since its founding in 2023 and accompanies a rebrand from Next Communications.

EU-Startups
Capital AI
Capital AI

Ravical raises $17M for accounting firm AI expansion

Belgian accounting software startup Ravical has raised $17M in seed funding led by MMC Ventures, with participation from Lakestar, Pitchdrive and new investor Shapers.

The Next Web
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Predicate raises $8 million for blockchain compliance infrastructure

Predicate raised $8 million in a Series A round led by Blockchain Capital, with Paxos, 1kx and Tribe Capital participating, Coingape reported. The startup builds tools that let digital asset businesses restrict who can hold or transfer their tokens.

Coingape
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MuRay raises €7.1M to develop industrial muon imaging

Hamburg startup MuRay has raised €7.1M to develop imaging for dense metal parts, including rocket engines and gas turbines. The financing combines a €3.5M private round led by First Momentum Ventures and co-led by Caelora with €3.6M in public funding.

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