Europe

Klarna lays off 10% of its workforce

Swedish payment giant Klarna is going to cut hundreds of jobs in the coming days. Today’s news comes a few days after the Wall Street Journal reported that the company was going to cut its valuation

UK fines Clearview just under $10M for privacy breaches

The U.K.’s data protection watchdog has confirmed a penalty for the controversial facial recognition company, Clearview AI — announcing a fine of just over £7.5 million today for a string

Europe’s deep tech depends on university spinouts

Deep tech has become a hot topic in Europe. One of the key arguments: European countries have great universities and talent. But how can academic talent translate into startups?

Salty, subterranean water could relieve world’s lithium shortage

Today’s lithium mines can't hope to meet skyrocketing demand. Startups like Lilac Solutions and Vulcan Energy Resources have leaped into action with new, more efficient lithium extraction processes

COVID was the best thing for Kitty, as insurance apps for pets boom

Technology turned out to be a boon for pets during the pandemic. Without ready access to vets, pet owners turned to mobile apps to keep track of their pet’s health, often via educational content

Leanplum acquired by CleverTap as retention marketing platforms consolidate

CleverTap, a retention marketing platform which has raised $76.6 million to date, is to fully acquire Bulgarian-originated but San Francisco-based Leanplum, a customer engagement platform which has ra

How Untapped Global plans to bring the revenue financing model to African startups

In the developed world, almost anyone can get financing for, say, a car lease. But in an emerging economy like South Africa, the only people who own cars or can even get a car lease are the people who

Germany’s Zolar grabs $105M on soaring demand for solar energy

Berlin-based Zolar has bagged €100 million (~$105 million) in Series C funding to expand its supplier network for small solar systems to meet rising demand for clean energy. Germany is particularly

Voicy wants to pwn gamers with audio memes

Spain slaps Google for frustrating the EU’s ‘right to be forgotten’

Here’s a rare sight: Google has been hit with a €10 million fine by Spain for serious breaches of the European Union’s General Data Protection Regulation (GDPR) which found it had passed

Shadow announces premium plan for its cloud gaming service

It’s been a year since Octave Klaba, the founder of OVHcloud, acquired Shadow following a commercial court order. After a stabilizing period, the company is now ready to launch a new plan, a new ser

Social maps app Zenly rolls out its own maps

Zenly, the popular social app with 35 million monthly active users, released a complete redesign just last month. But it turns out that this was just the first part of a bigger change at the company o

Palette sells a sales commission tool for modern sales teams

Meet Palette, a software-as-a-service startup that is going to be particularly interesting if you’re also running a software-as-a-service startup. The company has built a modern tool to design, mana

Legl, a SaaS for law firm workflows, tops up with $18M

While valuations of public software-as-a-service businesses have been taking a hammering of late as investors cool on the sector amid a wider, post-pandemic tech stock sell-off, SaaS startups still ne

Koyeb is a serverless platform that integrates with your GitHub repository

Koyeb has evolved quite a lot since I first covered the startup. The company is still focused on serverless infrastructure. But it now offers a general purpose serverless platform that you can configu

Storyblok raises $47M to build out its headless CMS aimed at non-technical users like marketers

The world of web development continues to become increasingly more democratized — and more creative — thanks to innovations in “headless” systems that give more flexibility aro

Earlybird VC closes new €350M fund for Western European startups, with a deep-tech angle

Earlybird VC was one of the “OG” of the emergence of Berlin as a key global tech startup ecosystem 15 years ago. Founded in 1997, it’s gone on to back N26 and UiPath, among many others. And in t

Claap prevents meeting fatigue with async video collaboration

Meet Claap, a French startup that has been working on a way to collaborate more efficiently as a distributed team. Claap is officially launching its product today. Instead of relying exclusively on a

Google faces fresh class action-style suit in UK over DeepMind NHS patient data scandal

Google is facing a new class-action style lawsuit in the U.K. in relation to a health data scandal that broke back in 2016, when it emerged that its AI division, DeepMind, had been passed data on more

Flink, the German instant grocery upstart, snaps up France’s Cajoo for ~$93M, takes fresh Carrefour funding, sources say at $5B valuation

Instant grocery startups sprang up and grew like weeds during COVID-19, fueled by consumers opting to practice social distancing and ready to order their food and sundries at the tap of an app, and VC
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