LAUNCHub Ventures to close new €44 M fund for SEE-based startups

LAUNCHub Ventures to close new €44 M fund for SEE-based startups
Early-stage European venture capital firm LAUNCHub Ventures has recently announced the closing of its new €44 million fund. The company, which focuses mainly on the CEE (Central Eastern) and SEE (South-Eastern Europe) regions, is aiming to eventually achieve a target size of €70 million. The final close is anticipated by the second quarter of 2021. The European Investment Fund, various Bulgarian investors & tech founders and corporates are the principal backers for this funding stage. The new fund is reportedly aimed at helping LAUNCHub invest in over 25 new startups over the next 4 years. The initial range of investment is between €500,000-€2 million, and covers verticals such as fintech, big data, digital

Mercedes-Benz unveils new S-Class Maestro Edition in India

Mercedes-Benz unveils new S-Class Maestro Edition in India
Leading German carmaker and one of the biggest luxury car brands in India, Mercedes-Benz, has reportedly launched the 2021 Mercedes me connect, the newest version of its Mercedes me connect technology, combined with voice assistance and home automation. The firm launched this newest Mmc technology in an updated version of the brands flagship product, namely the S-Class ‘Maestro Edition’. The new S-Class ‘Maestro Edition’ presents several enhancements that strengthens its position as the benchmark across all branded luxury saloons. The feature enrichments in the vehicle mainly combines luxury enrichments and technology differentiating the S-Class in its section. The latest model is introduced in the Indian market

Emirates new Airbus A380 set to fly on the Dubai to London route

Emirates new Airbus A380 set to fly on the Dubai to London route
UAE’s largest airline and flag carrier, Emirates has devised plans to fly its new Airbus A380, featuring a new Premium Economy experience on one of its frequent routes- Dubai to London Heathrow starting January 4th, 2021. Reportedly, the premium cabins will be available on one of the five daily flights, and only some passengers will be invited to upgrade their booked Economy seats on stop until more jets come with the new premium cabin setting. Speaking along similar lines, Emirates has received only one Airbus A380 model with the new premium economy offering. This 56-seat cabin is set in a 2-4-2 configuration and provides nearly 40-inches of the pitch. Additionally, the seats recline up to eight inches. In a stat

Russian corona vaccine begins large-scale ingestion before clinical trials are completed, concerns about safety and efficacy increase

Russian corona vaccine begins large-scale ingestion before clinical trials are completed, concerns about safety and efficacy increase
The city of Moscow announced on the 5th that it has begun large-scale inoculation of the new coronavirus vaccine ""Sputnik V"" developed in Russia. For people in occupations with a high risk of infection, such as medical personnel and teachers. However, the final stage of clinical trials has not been completed, and there are deep-rooted concerns about safety and efficacy. It seems that the aim is to promote the Russian vaccine against the start of vaccination developed by US pharmaceutical giant Pfizer and others in the UK at the beginning of the week. Inoculation for domestic use is free. President Putin had instructed him to start a large-scale vaccination by the next weekend on the 2nd. In Russia, more than 100,000 medical personne