Important Innovations

  Money Chasing Semiconductor Startups                                  Source: Semiconductor Stock Images Global Chip Shortage Is the Driving Factor Semiconductor startups are very hot.  They are the recipients of a flood of investor money rolling into them globally if they have very promising new chips.  In 2021 so far, 85 global deals in the semiconductor market have raised $3.7 billion with startups receiving 43% of the money.  The reason for the global investor spotlight on semiconductors is the global chip shortage that started in 2020.  Experts predict that shortages could continue through 2023 and beyond. The impact is huge.  Automakers and technology companies are being forced to wait 5 months and more for chip deliveries which is hampering their global businesses. Search For Developing New Chip Technologies What investors are placing bets on are chips that promise more power and efficiency.  The chips under development are better designed to the extent that fewer of them are

  Spotify Founder/CEO To Invest in European Tech Startups                                                       Source:  Spotify Seed Money For European Entrepreneurs The founder and CEO of Europe's most valuable technology company - Spotify's Daniel Ek - is building a European Silicon Valley. Speaking at a technology conference, he said he will invest one-third of his personal wealth - 1 billion euros or $1.2 billion - into European technology startups.  The highly successful entrepreneur says he will focus on "moonshot projects" in biotech, materials science and machine learning. Spotify 37 year old Ek's Spotify is a media services provider and audio streaming platform that recently offered a series of podcasts by former First Lady Michelle Obama. Spotify just announced an upcoming podcast series with Prince Harry and Megan Markle.  Ek routinely flies 17 hours from his home in Stockholm to San Francisco, which is one of Spotify's headquarters.  He says he