Silicon Valley

Furnished rental startup Blueground has joined the unicorn club - companies whose value exceeds 1 billion dollars - its CEO and co-founder tells Kathimerini.

The new executive order reflects an urgency that the federal government did not feel during earlier generations, when Washington effectively left Silicon Valley alone

Greek startups, including those based abroad and founded by Greek expats, have, so far this year, drawn $872 million from 83 investors. But the financial climate is more reserved than last year, and even more so than the almost free-for-all 2021.

Iyinoluwa Aboyeji might not have the personal wealth of Elon Musk or Mark Zuckerberg, but his level of success as an African entrepreneur bears comparison with any Silicon Valley tech titan.

While still in his twenties, the Nigerian co-founded two "unicorns," an industry term for companies that achieve a valuation of more than $1 billion.

Turkish start-up Getir offering ultrafast deliveries has become the country's second unicorn fetching a valuation of $2.6 billion, its founder said on March 26.

The company secured a $300 million new investment for international expansion, Nazim Salur said at a virtual news conference.

The San Francisco Bay Area is by far the largest climate tech hub

The possibility that Greece could develop its own version of Silicon Valley has grown more likely, as the state has recovered ownership of the 760,000-square meter plot at Peraia in Thessaloniki, where a fourth-generation technology park is to be developed.

The latest Readiness for the Future of Production Report, published annually by the World Economic Forum, contained some rather alarming news for Greece. The country ranks rock bottom among 100 states around the world in the future orientation of its government, and remains the only Western European economy to be classified as "emerging" in terms of readiness to take part in Industry 4.0.

The Bulgarian government appointed Bogomil Balkansky as Honorary Consul in San Francisco with a consular district covering the Silicon Valley, California.

Bogomil Balkansky's candidacy was proposed by the Bulgarian community in the Silicon Valley, the government's press service announced.

This coming November, an important international institution in the field of technology, Singularity University, will make its Greek debut.