Web Summit launches Amaranthine, a $50 million VC fund

One of Europe’s largest and most well-known tech startup conferences, Web Summit, has launched a $50 million VC fund baptised Amaranthine, the Financial Times reported. The paperwork for the fund was completed back in May this year. This year’s Web Summit conference begins today in Lisbon, Portugal, where it’s expected to gather more than 60,000 […]

CurrencyFair raises another €8 million, appoints new CEO

Ireland’s CurrencyFair, a peer-to-peer currency exchange, has raised €8 million in new funding and appointed Paul Byrne as its new CEO. The announcement was made today at the Web Summit in Lisbon. The funding round was led by previous investors Octopus Ventures and Frontline Ventures. New CEO Paul Byrne was previously the founder of software […]