Europe

The latest innovative tech coming out of Europe

  • Rocket Internet sells 51% of fashion site Namshi to Dubai’s Emaar Malls for $151M

    Rocket Internet sells 51% of fashion site Namshi to Dubai’s Emaar Malls for $151M

    Emaar Malls missed out on a bid to buy Souq when Amazon picked up the Dubai-based online retailer for about $650 million in March. Now, the retailing giant of the Middle East is making another acquisition to step up its game in e-commerce. Today Rocket Internet — the Berlin-based e-commerce incubator — announced that it has sold 51 percent of Namshi, its Middle Eastern Amazon clone… Read More

  • Quiqup, a London-based on-demand delivery startup, raises £20M Series B

    Quiqup, a London-based on-demand delivery startup, raises £20M Series B

    Quiqup, a London-based delivery startup that operates a “shop on your behalf” app similar to Jinn in Europe or Postmates in the U.S., in addition to a growing B2B business, has raised £20 million in Series B funding. Leading the round is Jobi Capital, a New York-based fund, with participation from Transmed, a leading distributor of fast-moving consumer goods, and existing investors. Read More

  • Minibrew raises $2.8 million to help you make your own beer

    Minibrew raises $2.8 million to help you make your own beer

    The Minibrew is a little keg with a big brain. When we first met the company in 2015 they offered a whiff of high tech to the brewing process, adding a monitored brew vessel and mobile app to the age-old technique of slopping a bunch of wheat, yeast and hops together until something tasty came out. Read More

  • Stanley Robotics is building robots that can park your car for you

    Stanley Robotics is building robots that can park your car for you

    French startup Stanley Robotics just raised $4 million (€3.6 million) from Elaia Partners, Bpifrance and Idinvest Partners. The company is building giant robots that pick up your car at the entrance of a parking lot and park it for you. If you drive your car to the airport, you know how expensive it can be to leave your car at the airport for a week. Airport parking lots have turned into one… Read More

  • Supercell acquires 62% of London’s Space Ape Games for $55.8M

    Supercell acquires 62% of London’s Space Ape Games for $55.8M

    Some consolidation is afoot in the world of gaming. Today, Space Ape Games — a London social and mobile games studio founded by alums from Playfish, Mind Candy and EA — announced that Supercell has acquired 62 percent of the company for $55.8 million, as part of a long-term strategic partnership. The deal gives Space Ape a total equity valuation of $90 million. Space… Read More

  • Vyte makes it easy to invyte people to your calyndyr

    Vyte makes it easy to invyte people to your calyndyr

    Planning a meeting with me used to take hours. First you must bathe yourself in the ritual Spring of Understanding and then, once completely clean, you must enter the room of Writing Down The Appointment. Once that was complete, I required all those requesting a meeting to complete the three trials including the Making of the Hoagie and the Understanding (And Explaining) Of Django Programming. Read More

  • FanDuel investor Pentech raises new £88M fund for more early-stage startups

    FanDuel investor Pentech raises new £88M fund for more early-stage startups

    You know it’s spring when VC funds start to announce their new fund raises. But it’s buoying to see a new mid-sized fund appear, which over the years has been highly geared toward early-stage startups just starting out on their journey. Pentech has closed its third fund, saying it was oversubscribed at £88 million, surpassing the original target fund size of £70 million. Read More

  • Berlin’s Frontier Car Group lands $22M to disrupt emerging markets car sales

    Berlin’s Frontier Car Group lands $22M to disrupt emerging markets car sales

    European founders, adept at launching startups which cross many international borders are fast ganging a reputation for launching in emerging markets. In countries where markets are often still very chaotic, there remains a host of opportunities. That’s evidenced by the news today that the Frontier Car Group, which builds and runs marketplaces for used cars in emerging markets, has closed… Read More

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