Europe

The latest innovative tech coming out of Europe

  • Money Transfer Startup Azimo Raises $20M At A $100M Valuation

    Money Transfer Startup Azimo Raises $20M At A $100M Valuation

    Azimo, a mobile money transfer startup out of London that was once feted by Facebook, is jumping into the funding ring with a $20 million raise. CEO and co-founder Michael Kent says the company will use the investment to continue to build out its operations across Europe and deeper into the community of migrants who already form the bedrock of its services. While Azimo — which was… Read More

  • Polish Startup Filmaster Sells To Samba TV For €1 Million

    Polish Startup Filmaster Sells To Samba TV For €1 Million

    Filmaster, a movie recommendation engine built by a team in Warsaw, Poland, has sold to Samba TV for a little over €1 million. Filmaster was funded by HackFwd and HardGamma Ventures although the founders kept most of the company as it was sold. Described as a service that offers movie recommendations using “its own proprietary artificial intelligence and machine learning… Read More

  • Samsung Invests In Sigfox’s Network For Connected Objects

    Samsung Invests In Sigfox’s Network For Connected Objects

    Sigfox’s $115 million mega round has yet to close (€100 million). Today, Samsung announced at a press conference that the company invested in the French startup as well. The amount of this additional funding is undisclosed. And that’s not all. A source told me that two other companies also recently invested in Sigfox’s current round — one of them is a major tech… Read More

  • Facebook Faces Privacy Lawsuit From Belgian Watchdog

    Facebook Faces Privacy Lawsuit From Belgian Watchdog

    Facebook is being taken to court in Belgium by the national data protection watchdog over the tracking of non-users via social plugins. Last month the Belgian data protection authority (DPA) issued a recommendation on this point. It’s now stepped up action by filing a civil suit, due to get an initial hearing this Thursday, according to DeMorgen. Read More

  • European Ministers Agree To Disagree On Data Protection Reform

    European Ministers Agree To Disagree On Data Protection Reform

    A long running reform of European data protection legislation which kicked off in 2012 has passed a big milestone today; ministers in the European Council have ostensibly agreed on a general approach — allowing for the debate to move to the next stage and the potential for reform negotiations to be wrapped up by the end of the year. Read More

  • Deutsche Telekom Ties Up With Huawei In Growing Amazon/Google Cloud Rivalry

    Deutsche Telekom Ties Up With Huawei In Growing Amazon/Google Cloud Rivalry

    Are we headed for yet more price wars in the world of cloud computing? Amazon and Google have made huge inroads into the market on the back of deep discounts and generous storage allowances, and as a measure of their competitive threat, today one of the bigger and older incumbents out of Europe announced a partnership that it hopes will help it fight back. Germany’s Deutsche… Read More

  • Europe Has The Potential To Dominate Industrial IoT, But Can It Deliver? Crunch Network

    Europe Has The Potential To Dominate Industrial IoT, But Can It Deliver?

    Last autumn I moved back to Finland after spending five years in the U.K. and Germany, building Futurice’s international offices. The Finland I returned to was a very different economy from the one I’d left — no more AAA rating or Nokia phones. The startup boom here is hot, thanks to mobile gaming, Aaltoes and Slush, but it will take a long time to fill the gap in… Read More

  • Entrepreneurs And Investors In Turkey Emboldened By Election Results Crunch Network

    Entrepreneurs And Investors In Turkey Emboldened By Election Results

    Last Sunday, Turkey’s ruling Justice and Development Party, known by its Turkish initials AKP, took a hit. But it’s a hit that’s stirring the hopes of the nation’s entrepreneurs and investors. For the first time in 13 years, the AKP failed to secure a majority of seats in Turkey’s 550-seat parliament. Garnering 40 percent of the popular vote, it won 258… Read More

  • What The U.K. Surveillance Powers Review Says On Encryption And Hacking

    What The U.K. Surveillance Powers Review Says On Encryption And Hacking

    A U.K. review of state surveillance capabilities takes the view that more widespread use of strong encryption within the technology industry ultimately sanctions government agencies conducting mass surveillance — and even hacking activities — as “ingenious or intrusive” workarounds to get at information that’s otherwise locked out of reach. Read More

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