Friday Oct 11, 2024

New Funding Waves: €50M for Deep Tech and $100M for AI Startups

This episode explores the launch of Tensor Ventures' €50 million fund aimed at boosting quantum, biotech, and climate tech startups, alongside Aethir's ambitious $100 million investment in AI and gaming through decentralized GPU resources. We also discuss the impressive $11.8 billion raised by AI startups in Q3 2024, the upcoming San Antonio Startup Week with its innovative pitch competition, and the implications of these funding trends for the future of technology and entrepreneurship.

Sources:
https://tech.eu/2024/10/11/tensor-ventures-launches-eur50m-fund-a-boost-for-quantum-biotech-and-climate-tech-startups/
https://dynamicbusiness.com/topics/news/30-of-vc-funding-goes-to-ai-startups-in-q3.html
https://www.ksat.com/news/local/2024/10/10/san-antonio-startup-week-returns-this-october-with-a-fresh-opportunity-to-win-big/
https://venturebeat.com/games/aethir-catalyst-will-invest-100m-in-ai-and-gaming-startups-using-decentralized-gpus/

Outline:
(00:00:00) Introduction
(00:00:43) Tensor Ventures launches €50M Fund: A boost for quantum, biotech, and climatetech startups
(00:03:22) 30% of VC funding goes to AI startups in Q3
(00:07:23) San Antonio Startup Week returns this October with a fresh opportunity to win big
(00:09:29) Aethir Catalyst will invest $100M in AI and gaming startups using decentralized GPUs

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