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💵 Faber Launches Third Venture Fund, Secures $34M in First Close for Iberian Startups

Lisbon-based VC firm Faber has raised $34 million in the initial close of its third fund, aiming for a $64 million target to support pre-seed and seed-stage deep tech, AI, and biotech startups in Portugal, Spain, and the Netherlands.

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💵 Faber Launches Third Venture Fund, Secures $34M in First Close for Iberian Startups

Lisbon-based VC firm Faber has raised $34 million in the initial close of its third fund, aiming for a $64 million target to support pre-seed and seed-stage deep tech, AI, and biotech startups in Portugal, Spain, and the Netherlands.

🔗 Source

🛡 Powered by V3V Ventures

BY Venture Capital




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Just days after Russia invaded Ukraine, Durov wrote that Telegram was "increasingly becoming a source of unverified information," and he worried about the app being used to "incite ethnic hatred." He said that since his platform does not have the capacity to check all channels, it may restrict some in Russia and Ukraine "for the duration of the conflict," but then reversed course hours later after many users complained that Telegram was an important source of information. Messages are not fully encrypted by default. That means the company could, in theory, access the content of the messages, or be forced to hand over the data at the request of a government. Again, in contrast to Facebook, Google and Twitter, Telegram's founder Pavel Durov runs his company in relative secrecy from Dubai. Now safely in France with his spouse and three of his children, Kliuchnikov scrolls through Telegram to learn about the devastation happening in his home country.
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