Tag: double
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OpenAI to move to first permanent London office, with capacity to more than double headcount
OpenAI says it’s moving into its first permanent London office, which has the capacity to more than double its current 200-strong headcount, days after pausing its flagship data centre project in the UK. The ChatGPT developer is moving into an 88,500-square-foot space in London’s King’s Cross, which is a key tech hub in the capital. read more
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Credo Ventures raises $88M Fund 5 to double down on pre-seed in CEE and its global diaspora
Today, Credo Ventures announces Credo Stage 5, a $88 million fund that continues the firm’s mission to be the first backer of the most ambitious CEE founders globally, both in the CEE region and in diaspora communities. Credo Ventures is a Prague and Krakow-based venture capital firm founded in 2010, investing in exceptional founders from read more
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EIC Scaling Club companies double peer funding growth with 66% increase
A recent report reveals that in the past 14-20 months, EIC Scaling Club members have achieved an average funding growth of 66.66 per cent. That is more than double the control group, which saw just 26 per cent growth in the same time period, according to the EIC Scaling Club Impact Report. Supporting Europe’s most read more
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€100K, 100 startups, 3 years: The Baltics double down on early talent
Get ready to feel old. According to a recent report, the average age of AI unicorn founders dropped from 40 in 2020 to 29 in 2024. And the trend continues. It’s been called a “youthquake,” shaking up the Silicon Valleys of the world. An ambitious Gen Z, coming of age in the AI-era, is not read more
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