Europe

Growth capital investor Kennet raises $250M fund, backed by Edmond de Rothschild

Venture capital is “not the only fruit” for entrepreneurs, as the often quieter ‘Growth Capital’ can also see great returns for entrepreneurs who prefer to retain a lot of ownership and contro

OurPeople, the team communication and engagement platform, raises $2M

OurPeople, the U.K. startup that’s built a team communication and engagement platform for deskless workers, has raised $2 million in Series A funding. Leading the round is Alpine Meridian, an in

Extra Crunch is now available in Greece, Ireland and Portugal

We’re excited to announce that we’ve added Extra Crunch support in Ireland, Portugal and Greece. That adds to our existing support in Europe as we are already in Austria, Belgium, France, Germany,

Portfolio companies of startup studio eFounders have raised $148M this year

European startup studio eFounders has looked back at the first half of 2020 to share some metrics about its portfolio companies. The startup studio that is focused on building Software as a Service en

Sophia Bendz is leaving Atomico to join Berlin-based seed firm Cherry Ventures

More personnel changes in European early-stage VC. This time it’s the latest career move of former Spotify global director of marketing Sophia Bendz, who is leaving Atomico to join Berlin’

Bolt launches electric bike-sharing service in Paris

Like other ride-hailing companies, Bolt has been suffering from the coronavirus-related lockdown and economic downturn around the world. But the company is trying to find another revenue stream by lau

TransferWise to offer investment products but has ‘no plans’ to become a bank

TransferWise, the London-headquartered international money transfer service recently valued at $3.5 billion, has secured an additional license with U.K. regulators to enable it to offer investment pro

Dfinity demonstrates its TikTok clone, opens up its ‘Internet Computer’ to outside developers

Dfinity appeared in 2018, amid the flurry of investments in the blockchain space. It raised $102 million in funding at a $2 billion valuation in a round jointly led by Andreessen Horowitz and Polychai

E-scooter firms get the green light to start trials of up to one year on UK streets

In light of COVID-19 and social distancing regulations, the U.K. has been working on making it easier for people to get from point A to B in cities without resorting to buses and trains or bringing mo

Société Générale is acquiring freelancer challenger bank Shine

Société Générale is acquiring French startup Shine. Terms of the deal are undisclosed. According to a source, Shine is getting acquired for around €100 million in an all-cash deal (around $112.6

Willa secures $3M from EQT Ventures to let freelancers get paid immediately

Willa, the Sweden and U.S.-based fintech that wants to help freelancers request payment and get paid immediately for a fee, has raised $3 million in funding. The company’s founders are former ea

Berlin’s DeepSpin raises seed funding for its ‘portable, ultra-low-cost’ MRI system

DeepSpin, a Berlin-based startup that is developing what it describes as a “next-generation, AI-powered MRI imaging machine,” has raised €600,000 in seed funding. Backing the round is AP

Banking platform solarisBank raises $67.5 million at $360 million valuation

Despite the Wirecard fallout, German fintech startup solarisBank has raised a Series C funding round of $67.5 million (€60 million). Following today’s funding round, solarisBank is now valued at $

Exclusive: Survey finds startups drifting away from offices, post COVID-19

Early-stage startups are confident of re-opening their offices in the wake of the COVID-19 within the next six months. But there will be changes. An exclusive survey compiled by Founders Forum, with T

Extra Crunch expands into Romania

Extra Crunch is now live in Romania. That adds to our existing support in Europe as we are already in Austria, Belgium, France, Germany, Italy, the Netherlands, Poland, Spain and the U.K. There’s be

Here are the winners of The Europas Awards 2020 – Even a pandemic can’t stop these startups

Last year The Europas Awards for European Tech Startups was held at a sunny garden party next to a historic museum in London. Last night, because of the global Coronavirus pandemic, it was held over Z

Amsterdam ejects Airbnb et al from three central districts in latest P2P platform limits

Another brick in the wall for vacation rental platforms: Amsterdam is booting Airbnb and other such platforms from three districts in the city’s old center from July 1, further tightening its r

Privacy not a blocker for ‘meaningful’ research access to platform data, says report

European lawmakers are eyeing binding transparency requirements for Internet platforms in a Digital Services Act (DSA) due to be drafted by the end of the year. But the question of how to create gover

Wirecard, the disgraced German payments firm backed by SoftBank, files for insolvency over €1.3B in loans coming due

The house of cards has well and truly collapsed for Wirecard, the German payments company that has been accused of accounting fraud. Today it announced that its German operation Wirecard AG was applyi

Connect Ventures outs $80M third fund to back ‘product-led’ seed-stage founders

Connect Ventures, the London-based seed-stage VC that was an early investor in Citymapper and Typeform — and more recently backed scaling startups such as Curve and TrueLayer — is announci
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