Europe

Big tech’s ‘blackbox’ algorithms face regulatory oversight under EU plan

Major Internet platforms will be required to open up their algorithms to regulatory oversight under proposals European lawmakers are set to introduce next month. In a speech today Commission EVP Margr

E.ventures opens new office in Paris

VC firm e.ventures is expanding its footprint in Europe with a new office in Paris, as well as a new Paris-based partner. Jonathan Userovici, who previously worked for Idinvest Partners, is joining e.

Passion Capital backs UK fertility workplace benefits provider, Fertifa

U.K.-based Fertifa has bagged a £1 million (~$1.3 million) seed to plug into a fertility-focused workplace benefits platform. Passion Capital is investing in the round, along with some unnamed strate

UK watchdog reduces Marriott data breach fine to $23.8M, down from $123M

The U.K.’s ICO has reduced the size of a data breach penalty for hotel business Marriott — dropping it to £14.4 million (~$23.8 million) in a final penalty notice, down from the £99 mill

Nutrium app, which links dietitians and patients, raises $4.9M led by Indico Capital

Nutrium, a digital health startup which links dietitians and their patients via an app, has raised a €4.25 million seed round led by Indico Capital Partners, alongside the Social Innovation Fund in

VCs poured capital into European startups in Q3, but early-stage dealmaking appeared to suffer

The global recovery in venture capital activity did not miss Europe, new data indicates. According to a PitchBook report, European venture capital activity rose in Q3 2020, putting the continent on pa

Europe to limit how big tech can push its own services and use third-party data

European lawmakers are taking aim at big tech’s ability to push its own services in search results at the expense of rivals, with Commission EVP Margrethe Vestager confirming today that a legisl

GetYourGuide closes $133M convertible note as travel startups continue to weather the COVID-19 storm

On the heels of Germany announcing another lockdown to try to contain the rapid rise in COVID-19 cases in the country, one of the hottest startups in its capital city is announcing the closing of a la

App management startup AppFollow raises $5M Series A round led by Nauta Capital

AppFollow, an app management startup, has raised a $5 million Series A round led by Barcelona’s Nauta Capital, alongside existing investors Vendep Capital and RTP Global participating. The Helsinki-

Google’s display advertising business is under antitrust probe in Italy

Italy’s competition authority has opened an antitrust investigation into Google’s display ad business — adding another allegation of abuse of a dominant position to the tech giant&#8

Hej! Amazon opens Amazon.se in Sweden to expand in Europe

Amazon is the biggest online retailer in Europe, and today it took the next step in making that effort more localized. The company has launched a dedicated portal for Sweden at Amazon.se — givin

Sidekick Health scores $20M for its gamified digital care platform

Nordic digital therapeutics company, Sidekick Health, has closed a $20 million Series A led by pan-European VC Wellington Partners and healthcare focused VC Asabys Partners. Existing investors, Novato

Google’s EU Android choice screen isn’t working say search rivals, calling for a joint process to devise a fair remedy

Google search engine rivals have dialled up pressure on the European Commission over the tech giant’s ‘pay-to-play’ choice screen for Android users in Europe — arguing the Google-d

Stark raises $1.5M for a toolkit that helps developers and others create more inclusive design

Diversity and inclusion are slowly, slowly moving away from being an afterthought (or worse, a no-thought) in the tech world. And to underscore the new attention the area is getting — in every a

Boom raises $7M Series A in bid to become the ‘Amazon for commercial photography’

Milan-headquartered scale-up Boom, which offers a two-sided tech platform to let companies book and manage commercial photo shoots, has raised $7 million in Series A funding. The round is led by Italy

SimilarWeb raises $120M for its AI-based market intelligence platform for sites and apps

Israeli startup SimilarWeb has made a name for itself with an AI-based platform that lets sites and apps track and understand traffic not just on their own sites, but those of its competitors. Now, it

Uber’s ‘robo-firing’ of drivers targeted in latest European lawsuit

Uber is facing another legal challenge in Europe related to algorithmic decision making. The App Drivers & Couriers Union (ADCU) filed a case, yesterday, with a court in the Netherlands seeking to

Face to Face, Tinder’s opt-in video chat feature, is now rolling out globally

Tinder, currently the world’s biggest biggest dating app for people to find matches and connect with them, is expanding another feature today to extend the time people spend in the app, and the

UK’s PrimaryBid raises $50M as its retail investing platform sees a COVID-19 surge of activity

One of the biggest trends in the world of fintech in the last several years has been the emergence (and surging popularity) of startups building platforms that help more people take a more proactive r

TravelPerk launches an API for COVID-19 restrictions

About a month after outting an open API platform for its customers to augment their apps, business trip SaaS startup TravelPerk has launched a standalone API product aimed at helping the wider travel
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