Monzo, the U.K. challenger bank that now counts over 4 million account holders, has lost its CTO, TechCrunch has learned. According to multiple sources, Meri Williams, who joined the fast-growing…
Battery analytics software startup Twaice raises €11M Series A led by Creandum
Twaice, the Munich-based startup that has built analytics software to help with battery management in electric vehicles and other devices, has raised €11 million in Series A funding. Leading the…
ePlane, the B2B sourcing and BI platform for aerospace parts and repair, raises $9M
ePlane, described as a B2B sourcing and business intelligence platform for the aerospace parts and repair market, has raised $9 million in funding. The round is led by Japanese trading…
UK fintech community comes together to build Covid Credit and let sole traders self-certify lost income
It all started with a tweet from 11:FS co-founder Simon Taylor. If the U.K. government could be persuaded to provide financial support to the self-employed during the Coronavirus crisis, as…
Enable raises $13M to help distributors, manufacturers and retailers manage rebates
Enable, a U.K. startup that has developed a cloud-based “rebate management solution” to help distributors, manufacturers and retailers manage rebates, is announcing $13 million in Series A funding. The round…
Global Savings Group acquires French cashback company iGraal for €123.5M
Germany’s Global Savings Group (GSG), the e-commerce content company, has acquired French cashback company iGraal for €123.5 million in a mixture of cash and stock. Specifically, the deal was reached…
Voi, the European e-scooter rentals startup, ‘pauses’ operations in several countries
Following similar moves by Lime, Bird, Tier and others, Voi Technology, the European e-scooter rentals and so-called micro-mobility startup, says it has “paused” operations in several countries due to the…
Claimer raises seed backing to make it easier for UK startups to claim R&D tax credits
Claimer, a London-based startup that makes it easy for companies to claim R&D tax credits in the U.K., has raised £300,000 in seed funding. Backing the already revenue-generating company is…
Penta, the Berlin-based business banking challenger that also now operates in Italy, has raised €18.5 million, described as the first closing of a new funding round. Leading the round is new investor…
GiveVision partners with Sony to develop and manufacture wearables for people with visual impairments
GiveVision, the U.K. startup creating wearable technology to help “restore” sight to people with visual impairments, is partnering with Sony (via the Sony UK Technology Centre) to develop and manufacture…
Monzo, the U.K. challenger bank, is officially launching business bank accounts today, after an extensive trial period over the last 12 months that saw early access given to 2,500 business…
TransferWise partners with Alipay for international money transfers
TransferWise, the London-headquartered international money transfer service most recently valued by investors at $3.5 billion, has partnered with China’s Aliplay for international transfers. The launch enables TransferWise’s now 7 million-plus…
Huboo picks up investment from Maersk Growth, the venture arm of container logistics giant A.P. Moller – Maersk
Huboo, the U.K. startup that operates a multi-channel fulfilment service for e-commerce businesses of varying sizes, has picked up an undisclosed amount of investment from Maersk Growth, the venture arm…
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Speedinvest’s new €190 million seed-stage fund is ‘investing on conviction’
“At this earliest stage, we’re investing on conviction, which is built by our sector-focused teams and our long-standing industry expertise.”
Unitary, an EF alumnus, raises £1.3M seed for its content moderation AI
Unitary, a startup that’s developing AI to automate content moderation for “harmful content” so that humans don’t have to, has picked up £1.35 million in funding. The company is still…
MessageBird launches Inbox.ai to disrupt the customer service market
MessageBird, the Amsterdam-headquartered cloud communications platform backed by Accel in the U.S. and Europe’s Atomico, is unveiling another new product today, this time taking aim at the $350 billion customer…
Mike Hudack, former CTO of Deliveroo and now an ex-VC, has joined Monzo as Chief Product Officer
Mike Hudack, the former CTO of Deliveroo and most recently a founding partner at London venture capital firm Blossom Capital, has quietly joined Monzo as the challenger bank’s new Chief…
Goodlord, the proptech startup that offers a SaaS for rentals, has raised £10M in Series B funding
Goodlord, the London proptech startup that offers cloud-based software to help estate agents, landlords and tenants manage the rental process, appears to have achieved somewhat of a turnaround after it…
Greece’s Convert Group raises €1.2M to bring e-commerce visibility to FMCG
Convert Group, a startup based in Athens that offers a SaaS to help FMCG (fast-moving consumer goods) brands understand how they are performing across e-commerce, has raised €1.2 million in…
Mark Cuban backs ChatableApps, developer of a hearing assist app that removes background noise
ChatableApps, a U.K. startup commercialising the work of auditory neural signal processing researcher Dr. Andy Simpson, has quietly picked up seed money from Mark Cuban. The company has built a…
Emma, the personal finance tracker, scores $2.5M seed led by Connect Ventures
Emma, the personal finance management app that bills itself as your best “financial friend,” has raised $2.5 million in seed funding. Connect Ventures led the round, with participation from Ithaca…
Mavenoid raises $8M Series A to apply AI to technical product support
Mavenoid, a startup founded in Stockholm that helps companies scale tech-focused product support via an AI-powered chatbot, has raised $8 million in Series A funding. The round is led by…
RTP Global outs new $650M early-stage fund to back tech in US, Europe, India and South-East Asia
RTP Global, the VC firm founded by Russian entrepreneur and investor Leonid Boguslavsky, is announcing a new $650 million fund to continue backing early-stage tech startups, primarily at Series A…
Sonantic scores €2.3M funding to bring ‘human-quality’ artificial voices to games
Sonantic, a U.K. startup that has developed “human-quality” artificial voice technology for the games and entertainment industry, has raised €2.3 million in funding. Leading the round is EQT Ventures, with…
AudioTelligence raises $8.5M Series A to bring its ‘autofocus for sound’ to voice assistants
AudioTelligence, a startup that spun out of University of Cambridge-funded CEDAR Audio, has raised $8.5 million in Series A funding for its “autofocus for sound.” Leading the round is Octopus…
Cioplenu, the SaaS for ‘deskless’ workers on the production floor, raises €4.2M seed
Cioplenu, an Augsburg-based startup that is building what it dubs an “operating system” for the production floor, has raised €4.2M in seed financing. Berlin-based Cherry Ventures led the round, and…
B-Social, the UK fintech building a ‘social bank,’ raises additional £7.8M ahead of rebrand
B-Social, the London-based fintech building what it calls a “social bank,” is announcing that it has raised a further £7.8 million in seed funding. Once again the injection of capital…
Speedinvest raises new €190M fund to continue backing early-stage European tech startups
Speedinvest, the European seed-stage VC that was started from Vienna but has since added offices in London, Berlin, Munich and San Francisco, has raised a new €190 million fund. It…
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VC firm Oxx says SaaS startups should avoid high-risk growth models
Oxx, a European venture capital firm co-founded by Richard Anton and Mikael Johnsson, this month announced the closing of its debut fund of $133 million to back “Europe’s most promising SaaS companies” at Series A and beyond. Launched in 2017 and headquartered in London and Stockholm, Oxx pitches itself as one of only a few…
Chattermill raises $8M Series A to enable companies to gain customer feedback insights ‘at scale’
Chattermill, the London startup that offers what it calls a “customer understanding” platform that uses machine learning to gain scalable insights into customer feedback, has raised $8 million in Series…