Europe

Dozens of tech companies sign ‘Tech for Good Call’ following French initiative

A couple of years ago, French President Emmanuel Macron initiated the Tech for Good Summit by inviting 50 tech CEOs to discuss the challenges in the tech industry and make some announcements. Usually,

EU lawmakers to push audio-visual sector on geoblocking

European Union lawmakers are considering whether current rules aimed at limiting the practice of geoblocking across the bloc should be extended to cover access to streaming audio-visual content. Acces

Apple on the hook for €10M in Italy, accused of misleading users about iPhone water resistance

Apple’s marketing of iPhones as ‘water resistant’ without clarifying the limits of the feature and also having a warranty that excludes cover for damage by liquids has got the compan

UK shrinks timetable for telcos to stop installing 5G kit from Huawei

The UK government has squeezed the timetable for domestic telcos to stop installing 5G kit from Chinese suppliers, per the BBC, which reports that the deadline for installation of kit from so-called &

HungryPanda raises $70M for a food delivery app aimed at overseas Chinese consumers

Food delivery apps have been a big deal this year both for consumers stuck at home and unable (or unwilling) to go to restaurants or grocery stores, and for investors who are eyeing the opportunity to

Primer, the fintech helping merchants consolidate the payments stack, raises £14M Series A

Primer, the U.K. fintech that wants to help merchants consolidate their payments stack and easily support new payment methods in the future, has raised £14 million in Series A funding. The round was

Firstminute Capital launches second $111M fund, featuring a who’s-who of founders as LPs

London HQ’d Firstminute Capital has announced its second early-stage venture fund of $111m (£87m). Founded and cornerstoned in 2016 by Brent Hoberman CBE (best known as co-founder of lastminute

No Google-Fitbit merger without human rights remedies, says Amnesty to EU

Human rights NGO, Amnesty International, has written to the EU’s competition regulator calling for Google’s acquisition of wearable maker Fitbit to be blocked — unless meaningful saf

UK to set up ‘pro-competition’ regulator to put limits on big tech

The U.K. is moving ahead with a plan to regulate big tech, responding to competition concerns over a “winner-takes-all” dynamic in digital markets. It will set up a new Digital Market Unit

Bigblue wants to automate e-commerce fulfillment in Europe

Meet Bigblue, a French startup that just raised a $3.6 million seed round (€3 million) to build an end-to-end fulfillment solution in Europe. If you sell products on your own website and across mult

GDPR enforcement must level up to catch big tech, report warns

A new report by European consumer protection umbrella group Beuc, reflecting on the barriers to effective cross-border enforcement of the EU’s flagship data protection framework, makes awkward r

France starts collecting tax on tech giants

France is going forward with its plan to tax big tech companies. The government has sent out notices to tech giants, as reported by the Financial Times, Reuters and AFP. There could be retaliation tar

As IBM shifts to hybrid cloud, reports have them laying off 10,000 in EU

As IBM makes a broad shift in strategy, Bloomberg reported this morning that the company would be cutting around 10,000 jobs in Europe. This comes on the heels of last month’s announcement that

Europe sets out the rules of the road for its data reuse plan

European Union lawmakers have laid out a major legislative proposal today to encourage the reuse of industrial data across the Single Market by creating a standardized framework of trusted tools and t

WeGift, the ‘incentive marketing’ platform, collects $8M in new funding

WeGift, the London-based startup that has built an “incentive marketing” platform that lets businesses easily issue e-gift cards and other digital rewards to customers, has raised $8 milli

As e-bikes boom, FuroSystems raises its first venture funding round ahead of a new model launch

With COVID-19 making commuters switch to bikes, and cities wanting cleaner air, the e-bike revolution is only just getting started. Further evidence of this is the news that today British e-bike manuf

Dija, a new delivery startup from former Deliveroo employees, is closing in on a $20M round led by Blossom

Dija, a new U.K.-based startup founded by senior former Deliveroo employees, is closing in on $20 million in funding, TechCrunch has learned. According to multiple sources, the round, which has yet to

Marie Ekeland launches 2050, a new fund with radically ambitious, long-term goals

Marie Ekeland has unveiled her next act — and it’s a new fund called 2050. But it’s not your average French VC fund, as it’s going to be an evergreen fund focused on building a better world. I

Two-year-old Day One Ventures raises new $52.5M fund to invest in Valley startups

Back in 2018, Day One Ventures launched in Silicon Valley specifically designed to be both a VC and an investor that would also lead marketing and communications for its portfolio. Two years on, Day O

5 top investors in Dutch startups discuss trends, hopes and 2020 opportunities

The Netherlands’ ecosystem has been flourishing; more than $85 million was invested in regional startups in 2019 alone. The nation’s proximity to the U.K., Belgium, France and Germany makes Am
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