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Google fined $2.7BN for EU antitrust violations over shopping searches
The European Commission has fined Google a record-breaking €2.42 billion for antitrust violations pertaining to its Google’s Shopping search comparison service — in what is widely considered the most significant antitrust ruling in Europe since the 2004 Microsoft decision. Read More
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Your.MD raises $10M to grow AI-driven health information service and marketplace
Your.MD, an AI-driven health information service delivered via a bot, has raised $10 million in new funding. Read More
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Capnamic closes €115M fund for ‘digital transformation’ of Germany, counts Cisco and Axa as LPs
Capnamic Ventures, an early-stage venture capital firm based in Berlin and Cologne, is announcing the final closing of a new €115 million tech fund. The VC says it will invest in tech companies predominantly in the German-speaking region of Europe, with a focus on “B2B solutions, digital infrastructure, and digital transformation”. Read More
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Monese, the mobile current account banking app, expands to Europe
You wait all day for a multi-currency account and three come along at once. Give or take a month or so, that’s appears to be the case with news that Monese, the London fintech that offers a mobile banking app and current account, is adding support for Euro accounts. Read More
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Diffblue, a University of Oxford spin-out, raises $22M Series A to bring AI to software development
The U.K.’s Oxford University continues to be a hotbed of AI talent, fuelling not just academic research into AI but also the ambitions of startups and large technology companies alike. The latest Oxford-based AI startup to make headlines is Diffblue, a University of Oxford spin-out that is applying Artificial Intelligence (AI) to software development. Read More
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PromoRepublic raises $1.2M for AI which creates social media for small businesses
As AI slowly seeps into various sectors, it was fairly inevitable that we would start to see the “AI for X” startups begin to appear. Thus “AI for small business social media” is now a thing, in the shape of PromoRepublic, a US/Finnish/Ukrainian startup which has now raised a $1.2M investment round. More specifically, they bill themselves as a “WIX for a small… Read More
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Sony to demo 3D face biometric running on an Xperia smartphone
If smartphone hardware rumors are on the money, and they are usually at least in the ballpark (with the exception of transparent, bendable phones; apparently forever doomed to be mocked up in Photoshop) — then a 3D depth sensor is coming to the front-facing camera of a handset near you in the not too distant future. Read More
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Let’s meet in Warsaw
Just in time for Disrupt SF I’d like to invite you all to a micro meet-up in Warsaw on July 4. We’ll be holding it at Campus Warsaw, 33C Ząbkowska, 03-736 Warszawa, Poland. The fun starts at 6pm and ends at 8pm with some after-event drinks nearby. The winner of the pitch-off will get a table at Disrupt SF and the second-place winner will get two tickets to Disrupt SF. There are… Read More
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Infarm wants to put a farm in every grocery store
To paraphrase science fiction writer William Gibson, the farm of the future is already here, it’s just not evenly distributed. Read More
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Fintonic banks $28M to grow its personal finance management app
Spanish startup Fintonic has closed a €25 million Series B funding round to expand into new markets in Latin America and continue developing the product. Investors in the round include banking and financial services giant the ING Group and insurance group PSN. Read More
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TechCrunch London Meetup + Pitch-off applications close in one week!
London! If you missed the news, here’s your reminder that we’re returning for a TechCrunch Meetup + Pitch-off on 19 July, in conjunction with the incredibly fun conference, Unbound. Looking to pitch your startup to the TechCrunch team, local VCs and the local tech community? This is the moment you’ve been waiting for, but hurry because applications close in one week. Ten… Read More
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Company builder Entrepreneur First hires ex-Yahoo and Googler as new London head
EF is announcing a “strengthening and restructuring” of its leadership team as it focuses on scaling its programmes in London and Singapore. Read More
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Startup veteran founder/investor Wendy Tan White joins BGF Ventures
If there are some noticeable gaps in the European venture scene, the first is there is still a small number of European entrepreneurs who have built products and scaled and exited and then went on to become investors, relative to the size of the market. The second is the dearth of VCs genuinely obsessed with product over “the growth numbers” as they are in Silicon Valley. The third… Read More
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Reverso now lets you translate words using your voice
Dictionary app Reverso is getting a major update with a focus on voice features. In particular, you can now say a phrase to translate it. This might be particularly useful if you can’t spell a word or when you don’t know anything about a language and you can ask the other person to repeat a phrase to get a translation. Conversely, when you press the tiny speaker icon, the… Read More
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Starling Bank passports to Europe, first stop Ireland
London-based Starling Bank is continuing to gather momentum. After a staggered launch of its current account kicked off in March, the digital-only bank is announcing imminent expansion to Europe, starting with the Republic of Ireland where it has attained a so-called “banking passport”. Read More
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Yoyo Wallet raises £12M Series B led by Metro Group to expand in Europe
The race to digitise the loyalty card just got a shot in the arm with the news that Yoyo Wallet, the European-based mobile payment and customer loyalty platform, has raised a £12 million Series B round, led by the US wholesale and food retail giant Metro Group. The round is joined by the UK-based Woodford Investment Management and Touchstone Innovations. The deal is subject to FCA… Read More
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TechCrunch Tel Aviv Pitch-Off: Here are your startups and judges!
On June 28 we’re hosting the TechCrunch Meetup + Pitch-Off in Tel Aviv — and it’s gonna be a blast! We have a great lineup of judges who are going to listen to the startup pitches and crown the winner of the Tel Aviv Pitch-Off. Tickets are still available, so grab yours today. Read More
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Australia wants Five Eyes to squeeze tech firms on encryption
The political rhetoric against strong encryption continues to crank up. Reuters reports today that Australia will be pushing for greater powers for countries to tackle the use of encrypted messaging services by terrorists and criminals at an upcoming meeting of ministers from the so-called ‘Five Eyes’ intelligence network. Read More
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