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Peec, one of Berlin’s rising startups, more than doubled annualized revenue in months to $10M, sources say

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One of Berlin’s rising-star, early stage startups, Peec AI, just crossed $10 million in annualized revenue, according to internal dashboard data seen and verified by TechCrunch.

Peec AI raised its $21 million Series A six months ago. While CEO Marius Meiners wouldn’t disclose its valuation to me at that time (only revealing that it was above $100 million), he did say the startup had grown its revenue to more than $4 million in the 10 months since its launch.

So, it has more than doubled its revenue trajectory, and at a faster pace.

Peec helps brands track and improve their visibility in AI searches. While based in Berlin, it recently opened an office in New York. 

It’s also serving as proof of one of the key market shifts happening in Europe’s tech scene. 

“Founders these days track revenue much more closely,” Antler partner Christoph Klink was telling me just a couple of days ago. Sitting in a hotel lobby bar during an event-laden week for the tech ecosystem, the Berlin-based VC had offhand mentioned Peec AI as one of the most successful companies in his portfolio, alongside Lovable and others. 

My next question was how he defined success, which led to a discussion of recent market cycles. Compared to six years ago, he said, the big change is that success is now defined by growth, not valuation.

Having learned lessons from 2021’s frothiness and subsequent painful return to reality, investors now know that revenue can’t be an afterthought. The corollary is that it isn’t something you can just check on every couple of weeks, Klink told me. 

Startups now tend to keep running dashboards on revenue progress, sometimes — as is the case at Peec — visible to all employees.

For some founders, this has required some adjusting; but others were born just for this new cycle.

Peec AI’s product takes the same approach as SEO dashboards, except it helps brands track generative engine optimization (GEO) — visualizing whether they show up when users type a certain set of prompts into ChatGPT and the like. 

But as Meiners then told me, he is also a former esports athlete who once ranked among the top 100 League of Legends players. This explains why he would share a revenue tracker with his whole company: his background gave him a unique take on what makes a winning team.

Talent is the first ingredient, and Peec AI took an innovative approach to hiring in Berlin’s competitive market. 

Like many startups in the Bay Area, but very few in Europe, it invested in billboards to pitch itself not only to prospective clients, but also to applicants. In our conversation, Klink had recalled with a smile that these billboards were more often than not strategically placed in front of other tech companies across the city.

What those billboards say may differ, but they are part of a narrative that attempts to position Peec AI as a company worth jumping ship for. According to Klink, this signaling is particularly important in the current AI cycle, where companies and investors are piggybacking on trends that are only just emerging — such as AI search.

This bet on undercurrents applies to many startups Klink has invested in, which is why he understands why portfolio companies like Peec AI — and Lovable — not only closely track ARR, but also sometimes publicly disclose revenue milestones despite having absolutely no obligation to do so. 

“That’s a way to show it’s working,” Klink said. “It also shows a focus on growth that sets the culture.”

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ADC accuses APC of fuelling political violence ahead of 2027 elections

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The African Democratic Congress Presidential Campaign Council, ADC-PCC, has accused the All Progressives Congress, APC, of encouraging political violence across the country, describing the ruling party as the major force behind attacks on opposition parties.

The council made the allegation in response to a statement by the APC Presidential Campaign Council condemning attacks on opposition gatherings, describing the APC's position as hypocritical and an attempt to divert public attention from its alleged role in political violence.

In a statement signed by its Director of Media and Publicity, Kola Ologbondiyan, the ADC-PCC challenged the ruling party to control its members and take responsibility for the growing cases of political attacks across Nigeria.

It alleged that the APC had created an atmosphere of violence since taking power, accusing its supporters of disrupting opposition events, attacking party members and destroying campaign materials.

"The APC cannot pretend to be a victim of the very violence it has nurtured, funded and unleashed on Nigerians since it came to power," the statement said.

The council cited incidents in Edo, Cross River, Gombe and Lagos, alleging that APC supporters had repeatedly attacked opposition gatherings before the ruling party publicly condemned political violence.

It also accused some APC governors of using government power to frustrate opposition activities in their states.

According to the ADC-PCC, opposition parties have been denied access to venues for rallies, while some of their offices have allegedly been demolished. It further claimed that party members had suffered physical attacks and destruction of their vehicles.

The council also accused state governments of placing restrictions on opposition campaigns by limiting the display of posters, installation of billboards and organisation of public political events through what it described as excessive and unrealistic charges.

It specifically blamed the APC for the disruption of a town hall meeting scheduled for Thursday by the Nigeria Democratic Congress, NDC, in Lagos.

"The disruption of Thursday's scheduled town hall meeting of the Nigeria Democratic Congress in Lagos bears the unmistakable fingerprints of the APC," it stated.

The council added that the alleged attacks followed a familiar pattern of intimidation and political interference.

The ADC-PCC maintained that opposition parties were focused on discussing Nigeria's major challenges, including hunger, insecurity, unemployment and corruption, as well as what it described as the failure of governance under President Bola Ahmed Tinubu.

It accused the APC of lacking convincing answers to Nigerians' concerns and resorting to violence instead of engaging in meaningful political competition.

The council also questioned why the ruling party had suddenly become concerned about attacks on opposition groups, recalling alleged incidents involving the destruction of ADC billboards, disruption of rallies and assaults on its supporters.

"Where was the APC's condemnation when our billboards were destroyed, our rallies disrupted and our members brutalised?" the statement asked.

It urged President Tinubu to follow the advice of elder statesman Professor Jerry Gana by providing the leadership needed to protect democratic freedoms and ensure peaceful political activities across the country.

The ADC-PCC further disclosed that it was documenting reported attacks against its members and would forward relevant reports to international judicial and human rights organisations at the appropriate time.

It dismissed the APC's condemnation of political violence as insincere, urging Nigerians not to be misled by what it called an attempt by the ruling party to avoid responsibility.

Despite the allegations, the council reaffirmed its commitment to peaceful campaigns based on issues, insisting that intimidation would not stop it from seeking public support ahead of the 2027 general elections.

"The ADC remains committed to a peaceful, issue-based campaign. We will not be intimidated. We will not be silenced.

"No amount of APC-sponsored violence will stop Nigerians from voting for competence, integrity and a new beginning in 2027."

ADC accuses APC of fuelling political violence ahead of 2027 elections

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Ebola: Swiss woman evacuated from Nigeria discharged after recovery

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The woman who tested positive for Ebola in Nigeria and was evacuated to Switzerland for treatment has been discharged from hospital after making a full recovery.

She was discharged from Geneva University Hospitals on Wednesday, after medical personnel confirmed her recovery, Reuters reported on Thursday, quoting a statement from the hospital.

“After the medical team confirmed her full recovery, the cantonal physician authorised the patient being treated for Ebola virus disease to leave the Geneva University Hospitals (HUG) on 11 November 2026,” the hospital said.

The Uganda-born woman and her husband, a Swiss diplomat, were evacuated from Nigeria to Switzerland on 26 October. Her evacuation was confirmed by the Minister of Health and Social Welfare, Muhammad Pate.

The patient had returned to Abuja from Uganda on 3 October. She developed symptoms days later and was admitted to a private health facility before the Nigeria Centre for Disease Control and Prevention (NCDC) was notified. Laboratory tests confirmed the infection on 20 October.

Nigeria continues Ebola surveillance

The NCDC’s latest Ebola situation dashboard, updated on 12 November with data as of 11 November, lists one confirmed case, no deaths and seven negative cases.

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It also shows that 62 contacts linked to the confirmed case have been identified. Of these, 52 have completed their mandatory 21-day follow-up, while 10 remain under monitoring.

The NCDC said its response includes contact tracing, investigation of reported alerts, laboratory testing, infection prevention and control measures, and surveillance at the country’s points of entry.

On 11 November, NCDC disclosed that Nigeria recorded no additional confirmed Ebola cases since the imported infection was confirmed.

The agency has urged healthcare workers to remain vigilant, ask patients about their travel and exposure histories, and promptly report suspected cases to public health authorities.

READ ALSO: Ebola: Nigeria records no new cases 21 days after imported infection – NCDC

Regional outbreak continues

The situation in Nigeria is part of a wider outbreak of Bundibugyo virus disease affecting parts of Africa.

In its latest situation update published on 6 November, the World Health Organisation (WHO) said the DRC had recorded 10,668 confirmed cases and 5,198 deaths as of 3 November, across 67 health zones in eight provinces.

Kenya had recorded nine confirmed cases and two deaths, while Nigeria had reported one imported case. WHO said there had been no new confirmed cases in Kenya or Nigeria since its previous update.


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