Descartes Underwriting: Doubling Down On Climate Risk As Insurance Industry Retreats
Chief Science Officer Kévin Dedieu: "AI represents between 2-5% of our tech investments. Next year, we’re increasing that by 10%, with more resources dedicated to AI and using it for our core models. The cost of AI is relatively low, but its impact is huge.”

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#39: Rewiring VC For The AI Age
Cathay's $1B AI fund balances disruption with collaboration between corporates and startups. Meta battles EU regulators over privacy rules. European AI funding surges 61% to €3.04B. Mistral's Le Chat upgrades. France cracks down on biometric surveillance.

Cathay Innovation's $1B Bet On Rewiring Venture Capital For The AI Age
The new fund challenges Silicon Valley's model by focusing on collaboration that connects AI startups directly with corporate giants to transform industries rather than disrupt them in an era where 'everybody has to play.'
French Tech Funding Wire July 18: Stellaria, Spiko, One Biosciences & More!
Between July 14 and July 18, a total of 6 companies raised €68.7 million, including: Dreampath Diagnostics, Dillico, and Retab.

🇫🇷 French Tech Wire: Rewriting Accounting Books With AI
Dougs is shaking up the quiet world of French accounting. Zenchef merges with Spain’s CoverManager. French VC drops 35%, while Eurazeo raises €650M. Bayrou slashes subsidies but eases red tape. Meta faces antitrust heat. Plus: Keenest, Verkor, WAT, Stellaria & more.