The Latest from Steve O'Hear
Sunstone Technology re-brands as Heartcore to become a consumer-only European tech fund
Update: an earlier version of this story positioned the €160 million fund as newly announced, when in actual fact it was disclosed in late 2017 and consists of a combination of Heartcore Fund III (
Resooma launches Resooma Bills to help ‘generation rent’ manage household expenditures
Resooma, the U.K. accommodation booking platform, is entering the fintech and utilities space with the launch of Resooma Bills, a new product to help “gen rent” manage household expenditur
EF raises $115M new fund, aiming to create another 300-plus startups in the next three years
Entrepreneur First (EF), the London-headquartered “talent investor” that recruits and backs individuals pre-team and pre-idea to enable them to found startups, has raised a new fund of its
Litho is a finger-worn controller for augmented reality, IoT and other ‘spatial’ interactions
I first encountered the founders of Litho, a new hardware and software startup developing a new finger-worn controller, at London’s Pitch@Palace last April. The event sees startups pitch in fron
GoCardless raises $75M Series E for its recurring payments network and heads to America
Compared to startups born into the frothy London fintech space as it exists today, 2011-founded GoCardless could well be considered a slow burner. However, in more recent years, the nearly 300-person
ChargedUp picks up £1.2M seed to grow its mobile charging network across UK
ChargedUp, a U.K. startup that offers a mobile charging network that takes inspiration from bike sharing, has closed £1.2 million in seed investment. Leading the round is Sir John Hegarty’s fund Th
Grover launches e-scooter subscription service
Grover, the Berlin-based startup that offers “pay-as-you-go” subscriptions to the latest consumer tech as an alternative to owning products outright, is going all-in on e-scooters or so-called mic
Teckro scores $25M Series C round to speed up clinical trials
Teckro, a software platform that claims to make the conduct of clinical trials more efficient and collaborative, has closed $25 million in Series C funding. The round, which brings the total raised by
Fitness startup Eastnine picks up £2M from LocalGlobe, Cherry Ventures, Niklas Zennström and others
Eastnine, a new fitness startup and app co-founded by London entrepreneur and investor Jason Goodman, is de-cloaking today, including disclosing that it has raised £2 million in seed funding. Leading
Starling Bank, now with 460K consumer accounts, raises £75M more for European expansion
Starling Bank, founded by banking veteran Anne Boden, has raised £75 million (~$97 million) in further funding. The new capital breaks down as £60 million in a Series C round led by Merian Global In
SumUp acquires ‘multi-channel’ e-commerce platform Shoplo
SumUp, the London-based fintech company that enables small businesses to take card payments via its device and online, has acquired “multi-channel” e-commerce platform Shoplo. Terms of the
Car rental startup Virtuo picks up €20M Series B
Virtuo, the Paris-headquartered car rentals startup, has raised €20 million in Series B funding. The round is backed by Iris Capital, Balderton Capital and Raise Ventures, and will be used to contin
InReach Ventures, the ‘AI-powered’ European VC, closes new €53M fund
InReach Ventures, the so-called “AI-powered” venture capital firm based in London, is announcing the first closing of a new €53 million fund targeting early-stage European technology com
Nordic banking app Lunar Way raises €13M
Lunar Way, the Nordic banking app that’s riding new EU regulation to help inject more competition into the region, has raised €13 million in new funding. The round is led by SEED Capital, with
Dixa, the ‘customer friendship’ platform, raises $14M
Dixa, a Copenhagen-based startup that offers a platform to help companies provide better and more consistent customer service across multiple channels, has raised $14 million in Series A funding. The
Car subscription service Cluno scores $28M in Series B funding led by Peter Thiel’s Valar Ventures
Cluno, the Munich startup providing what it calls a “car subscription” service, has raised $28 million in Series B funding. The round is led by Valar Ventures, the U.S.-based venture capital firm
Tink, the European open banking platform, scores €56M in new funding
Tink, the European open banking platform headquartered in Sweden, has deposited €56 million in new funding. Leading the round is U.S.-based Insight Venture Partners. Existing backers Sunstone, SEB,
Raisin raises $114M for its pan-European marketplace for savings and investment products
Raisin, the pan-European fintech marketplace for savings and investment products, is disclosing that it has raised $114 million in Series D funding. Existing investors Index Ventures, PayPal, Ribbit C
HouseMyDog and Gudog merge in European dog walking roll up
Two dog walking and sitting startups are merging: HouseMyDog, the U.K.-headquartered online community that enables dog owners to find and book local trusted dog walkers and sitters, has agreed to join
Festicket, the festival booking platform, picks up $4.6M backing from creative investor Edge Investments
Festicket, the U.K.-headquartered festival booking platform, has picked up another $4.6 million in funding, an extension of the startup’s $10.5 million Series D late last year. The new backing c