Europe

AllRight, an English language learning app for children, raises $5M from Genesis Investments

AllRight is a platform for English language learning, aimed at children four years or older, which combines lessons with real teachers and homework with “AI-powered” tutors. It’s now rai

How four European cities are embracing micromobility to drive out cars

The coronavirus pandemic is acting as a catalyst for urban transformation across Europe as city authorities grapple with how to manage urban mobility without risking citizens’ health or inviting gri

Astanor Ventures launches $325M Impact Fund aimed at food tech and ag tech startups

We can all, by now, ascribe to the idea that something has changed in the last few months. Like it or not, business is not as it was. If we were true to ourselves, we would admit that our lives will n

Autodesk CEO Andrew Anagnost explains the strategy behind acquiring Spacemaker

Autodesk, the U.S. publicly listed software and services company that targets engineering and design industries, acquired Norway’s Spacemaker this week. The startup has developed AI-supported softwa

S16 Angel Fund launches a community of founders to invest in other founders

Ten years ago a group of young tech founders in Moscow decided to get an apartment together, at Shmitovskiy Lane 16. In time, the ecosystem around the group swelled to the point where today it now enc

UK to invest in AI and cyber as part of major defense spending hike

The UK has announced a massive boost in defense spending — £16.5 billion ($21.8BN) over four years, the biggest such spending bump for 30 years — in what prime minister Boris Johnson has

SellerX raises $118M to buy up and grow Amazon marketplace businesses

As Amazon’s Marketplace continues to grow and mature, a new opportunity has emerged in the world of e-commerce for a new breed of startups to consolidate the most promising of the smaller busine

Portugal’s Faber reaches $24.3M for its second fund aimed at data-driven startups from Iberia

Portuguese VC Faber has hit the first close of its Faber Tech II fund at €20.5 million ($24.3 million). The fund will focus on early-stage data-driven startups starting from Southern Europe and the

Greece’s Marathon Venture Capital completes first close for Fund II, reaching $47M

Marathon Venture Capital in Athens, Greece has completed the first closing of its second fund, reaching the €40 million / $47 million mark. Backing the new fund is the European Investment Fund, HDBI

Juni, the banking platform for e-commerce and online marketing companies, raises €2M seed

Juni, a Swedish pre-launch startup that’s building a banking app and platform for e-commerce and online marketing entrepreneurs, has raised just over €2.1 million in seed funding. Leading the

Tapping into digital nomadism and ‘deep work’ trends, Skimlinks founder raises $1.5M for Flown

We already knew there was a big trend toward remote working, and this has only been drastically accelerated by the COVID-19 pandemic. At the same time, the distractions of daily life can easily imping

Tutor marketplace GoStudent takes its Series A to €13.3M with Left Lane Capital and DN Capital

Vienna-based e-learning startup GoStudent has increased the Series A round it raised earlier this year to €13.3 million, adding €5 million this week in a round led by Left Lane Capital and DN Capi

Yubo could be the next big social app as it raises $47.5 million

French startup Yubo is the biggest social media app you’ve never heard of — unless you’re a teen. With a focus on young people under 25, the company has managed to attract 40 million users. A fr

AI-tool maker Seldon raises £7.1M Series A from AlbionVC and Cambridge Innovation Capital

Seldon is a U.K. startup that specializes in the rarified world of development tools to optimize machine learning. What does this mean? Well, dear reader, it means that the “AI” that companies are

Construction rental startup YardLink raises funding from Speedinvest

YardLink allows construction companies to obtain critical equipment faster than traditional equipment rental companies. It has now raised a £1.7 million seed round, bringing its total raised to £2.4

Surging homegrown talent and VC spark Italy’s tech renaissance

As Italy reinstates many COVID-19 restrictions, the country’s tech ecosystem is watching and waiting to see what the wider effects of the emergency will be. Italy’s ecosystem for tech vent

Giraffe360, a robotic camera for real estate, raises $4.5M from LAUNCHub and Hoxton Ventures

Giraffe360 has a robotic camera, combined with a subscription service, which enables real estate agents and brokers to generate high-resolution photos of properties, floor plans and virtual tours. It

Spacemaker, AI software for urban development, is acquired by Autodesk for $240M

Autodesk, the U.S. publicly listed software and services company that targets engineering and design industries, has acquired Norway’s Spacemaker, a startup that has developed AI-supported softw

Digital freight forwarder Forto raises another $50M in round led by Inven Capital

Forto, a digital freight forwarder which has experienced a boom during the pandemic, has raised another $50 million in funding. It’s now raised $103 million since its launch in 2016. The round w

Digital electricity supplier Tibber closes $65M Series B led by Eight Roads, Balderton

Tibber, a “digital electricity” supplier that uses AI to switch around power for houses based on their predicted levels of consumption, has closed a $65 million Series B round led by Eight
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