woo

Gadgets, Venture

: “UK Stuns New York with Lavish Event to Attract American Venture Capitalists – TechCrunch Recap”

The UK threw a splashy event in New York this week to woo more American VCs Welcome to the new UK: the Unicorn KingdomA 3-D hologram, dubbed the Ever-Changing Statue, will be on display at the Rise by Barclays workspace in New York until April 4. Dealroom data shows that UK startups raised $31 billion in venture capital in 2022 and $41 billion in 2021. It’s also still more than the $18 billion the UK raised in 2019 and the $12 billion raised in 2018. Between 2009 and 2019, only 38 UK Black founders raised venture capital funding—that number now stands at 80, according to an updated report by Extend Ventures. “The UK tech ecosystem has made significant strides, but work remains to reach the scale and influence of Silicon Valley,” Taylor told TechCrunch.

Kira Kim
March 27, 2024

Enterprise

“Baffling Move: Binance Launches Crypto Perfume to Attract Female Audience”

What does crypto smell like? To celebrate International Women’s Day, Binance launched a splashy campaign to urge women to get into crypto through the power of… fragrance. But even as more women enter the industry, the crypto sphere has struggled shake the stench of a men’s locker room. Boston Consulting Group found that only 7% of web3 founders are women, and among top crypto startups, 27% of employees are women. But the messaging gets confused such that the idea of crypto perfume can come across as patronizing moreso than funny.