Berber Jin / Wall Street Journal: Preqin data: VC firms raised $20.6B in new funds in Q4 2022, down 65% YoY and the lowest Q4 amount since 2013; LPs backed 226 funds, the fewest in Q4 since 2012  —  Slowdown that earlier hit tech startups catches up with investors who fuel venture capital  —  Fundraising by venture-capital firms hit … Lees verder op Tech Meme

Sohee Kim / Bloomberg: TrendForce: DRAM’s average price fell 31.4% in Q3 and 34.4% in Q4 2022, among the worst drops since 2006; Samsung plans to spend $30B+ in 2023 to grow capacity  —  The memory chip industry is going through a historic decline in demand, with two of the worst quarterly drops on record at the end of last year. Lees verder op Tech Meme

Paul Sawers / TechCrunch: London-based quantum computing startup Quantum Motion has raised £42M led by Bosch Ventures  —  U.K. quantum computing company Quantum Motion has raised £42 million ($50.5 million) in an equity round of funding led by Bosch Ventures (RBVC), with participation from Porsche … Lees verder op Tech Meme

Jake Rudnitsky / Bloomberg: Ride-hailing service inDrive, whose gross revenue increased 88% in 2022, raised $150M in debt that links repayment to its performance from General Catalyst  —  InDrive, the second-most downloaded ride-hailing app in the world, raised $150 million using an unusual debt instrument that links repayment to the company’s performance. Lees verder op Tech Meme

Steven Vaughan-Nichols / ZDNet: Linus Torvalds releases Linux 6.2, the first mainstream Linux kernel to support Apple’s M1 chips, which is expected to become Ubuntu 23.04’s default kernel  —  Linux 6.2 was released yesterday, and Linus Torvalds described the latest Linux kernel release as, “Maybe it’s not a sexy LTS release … Lees verder op Tech Meme

Bhavya Dilipkumar / Moneycontrol: Mumbai-based Mintoak, which lets banks deploy and scale services like payments and lending to their SMB customers, raised a $20M Series A led by PayPal Ventures  —  The startup plans to use the raised capital to ramp up its tech stack and double down on the existing product portfolio. Lees verder op Tech Meme

Osato Avan-Nomayo / The Block: FTX Japan will resume crypto and fiat withdrawals from February 21, 2023 through its crypto exchange Liquid Japan; FTX acquired Liquid in 2022  —  – FTX Japan will begin processing withdrawals for customers from tomorrow.  — The company is also looking to resume other business operations. Lees verder op Tech Meme

Manish Singh / TechCrunch: India and Singapore link their digital payment systems, UPI and PayNow, to enable instant payments between the two countries with an initial cap of S$1K per day  —  India and Singapore have linked their digital payments systems, UPI and PayNow, to enable instant and low-cost fund transfers … Lees verder op Tech Meme

Pranshu Verma / Washington Post: A January 2023 survey of 300 HR leaders at US companies revealed that 98% of them say software and algorithms will help them make layoff decisions this year  —  As layoffs ravage the tech industry, algorithms once used to help hire could now be deciding who gets cut Lees verder op Tech Meme

Taylor Soper / GeekWire: Microsoft President Brad Smith says the company signed a binding, 10-year contract to bring Call of Duty games to Nintendo consoles on the same day as Xbox  —  Microsoft’s deal with Nintendo to bring “Call of Duty” games to Nintendo systems — if Microsoft’s proposed $68.7 billion acquisition … Lees verder op Tech Meme