London

Sources: Lilium is looking to raise up to $500M for its electric flying taxis

“Flying cars” — airborne vehicles designed for urban and other short-distance commutes to replace conventional private automobiles — are (at best) still years away from being a

Laurel Bowden of VC firm 83North on the European deep tech and startup ecosystems

London and Tel Aviv based VC firm 83North has closed out its fifth fund at $300 million, as we reported earlier. It last raised a $250 million fund in 2017 and expects to continue the same investment

83North closes $300M fifth fund focused on Europe, Israel

83North has closed its fifth fund, completing an oversubscribed $300 million raise and bringing its total capital under management to $1.1BN+. The VC firm, which spun out from Silicon Valley giant Gre

European early-stage VC firm ‘Project A’ on Europe’s startup scene taking the next step

Project A, the Berlin-based VC, just raised a new $200 million fund (€180 million) to continue backing European startups at Seed and Series A stage. In addition, the firm — whose investments inclu

Badass millennial women are supercharging startup investments

Across the political, social and economic stage, women’s issues are finally receiving heightened attention and priority. What’s driving so much positive change?

‘We are seeing volume and interest in Peloton explode,’ says company president on listing day

Making the world more fit one $2,245 bike at a time

Pan-European VC fund Target Global is opening an office in Barcelona

Hola Barcelona. Target Global, a pan-European VC firm with €700 million under management and a broad investment canvas spanning SaaS, marketplaces, fintech, insurtech and mobility, is opening an off

Uber gets temporary two-month license reprieve in London

London’s transport regulator, TfL, has given Uber a temporary reprieve to continue operating in the UK capital. The ride-hailing giant’s current (provisional) licence expires tomorrow but

Lookiero closes $19M led by MMC Ventures to be the Stitch Fix for Europe

Lookiero, the online personal shopping service for clothes and accessories, has closed a $19 million funding round led by London-based VC MMC Ventures, with support from existing investor All Iron Ven

Google completes controversial takeover of DeepMind Health

Google has completed a controversial take-over of the health division of its UK AI acquisition, DeepMind. The personnel move had been delayed as National Health Service (NHS) trusts considered whether

The portrait of an avatar as a young artist

In this episode of Flux I talk with LaTurbo Avedon, an online avatar who has been active as an artist and curator since 2008.

Remagine secures $35M fund backed by media giants to focus on entertainment and media tech

Remagine Ventures is a relatively new European VC fund that focuses on investments in entertainment tech, including AI, gaming, sports and esports, AR/VR, consumer and commerce. It has now completed $

ckbk pulls a ‘Spotify for recipes’ out of the beta oven

Cooking may be under sustained attack by a wave of on-demand food delivery startups, with names that can double as gluttonous calls to action (oh hey Just Eat!), but that hasn’t stopped London-b

Nigerian online-only bank startup Kuda raises $1.6M

Nigerian fintech startup Kuda — a digital-only retail bank — has raised $1.6 million in pre-seed funding. The Lagos and London-based company recently launched the beta version of its online mobile

Spirable refuels with $7.4M to serve more personalized video ads in the US

London based adtech startup Spirable has closed a £6M Series A. The round was led by Smedvig Capital, with existing backers Frontline Ventures, Downing Ventures and 24 Haymarket also participating. T

Accion Venture Lab launches $23M inclusive fintech startup fund

Accion Venture Lab — the seed-stage investment arm of nonprofit Accion — has raised $23 million for a new inclusive fintech startup fund. The Accion Venture Lab Limited Partnership, as it’s

Elliptic banks $23M to shrink crypto risk, eyeing growth in Asia

Crypto means risk. To UK company Elliptic it also means business. The startup has just closed a $23M Series B to step up growth for a crypto risk-management play that involves selling tech and service

Update on Nigerian fintech firm Interswitch and its speculative IPO

Nigerian fintech firm Interswitch has been circulating in business news around a possible IPO on the London Stock Exchange. Last month Bloomberg News ran a story — based on unnamed sources — repor

Former Google X exec Mo Gawdat wants to reinvent consumerism

Mo Gawdat, the former Google and Google X executive, is probably best known for his book Solve for Happy: Engineer Your Path to Joy. He left Google X last year. Quite a bit has been written about the

Privacy researchers devise a noise-exploitation attack that defeats dynamic anonymity

Privacy researchers in Europe believe they have the first proof that a long-theorised vulnerability in systems designed to protect privacy by aggregating and adding noise to data to mask individual id
Load More