Europe

Trilo lets merchants offer rewards to customers choosing bank-to-bank payments

Open banking enables bank-to-bank payments, meaning that (in theory) merchants should be able to accept payments without having to hand over fees to Visa or Mastercard or other payment providers, such

EU switches on cross-border interoperability for first batch of COVID-19 contacts tracing apps

The European Union has switched on cross-border interoperability for a first batch of COVID-19 contacts tracing apps that use Bluetooth proximity to calculate the exposure risk of smartphone users aft

EU’s Google-Fitbit antitrust decision deadline pushed into 2021

The deadline for Europe to make a call on the Google -Fitbit merger has been pushed out again — with EU regulators now having until January 8, 2021, to take a decision. The latest change to the

IAB Europe’s ad tracking consent framework found to fail GDPR standard

A flagship framework for gathering Internet users’ consent for targeting with behavioral ads — which is designed by ad industry body, the IAB Europe — fails to meet the required lega

UK’s ICO reduces British Airways data breach fine to £20M, after originally setting it at £184M

One of the biggest data breaches in U.K. corporate history has been closed off by regulators not with a bang, but a whimper. Today the Information Commissioner’s Office, the U.K.’s data wa

Brighteye Ventures’ Alex Latsis talks European edtech funding in 2020

Brighteye Ventures, the European edtech venture capital firm, recently announced the $54 million first close of its second fund, bringing total assets under management above $112 million. Out of the n

Nvidia will power world’s fastest AI supercomputer, to be located in Europe

Nvidia is is going to be powering the world’s fastest AI supercomputer, a new system dubbed “Leonardo” that’s being built by the Italian multi-university consortium CINECA, a g

Koyeb raises $1.6 million for its serverless data-processing engine

French startup Koyeb has raised a $1.6 million (€1.4 million) pre-seed round. The company focuses on data-processing workflows across multiple cloud providers. It hides many complexities using a ser

France and the Netherlands signal support for EU body to clip the wings of big tech

The French and Dutch governments have signalled support for EU rules that can proactively intervene against so-called gatekeepers, aka “structuring platforms” or “large digital platf

WizVille Local Monitor helps small shops track Google Maps ratings of competitors

French startup WizVille is launching a new product called Local Monitor to help restaurant owners, haircut places, bakeries and all kinds of small shops track their Google Maps ratings and the ratings

Rosita Longevity wants to teach seniors how to live long, healthy lives

Longevity, as far as startups are concerned, tends to be a moonshot-y space where technologies like biotech and AI are experimentally applied in a sort of modern day alchemical quest — and the g

Brighteye Ventures sees $54M first close of its second fund to back edtech startups in Europe

Brighteye Ventures, the European edtech VC firm, is announcing the $54 million first close of its second fund, bringing total assets under management to over $112 million. Backing comes from a mixture

Lab-grown meat project gets first taste of EU public funds

A cultured meat research program led by a Spanish biotech firm has been awarded a €2.7 million grant under the European Union’s Horizon 2020 R&D funding framework. The consortium project,

As investors and founders mature, Vienna emerges as a European startup hub

According to Austrian Startup Monitor, entrepreneurs have founded more than 2,200 startups in Austria since 2008, with the number of tech companies growing 12% per year since then, significantly faste

Spendesk raises another $18 million for its corporate card and expense service

French startup Spendesk has added $18 million to its Series B round. The company already raised $38.4 million as part of its Series B last year, which means that it raised $56.4 million as part of thi

Edge computing startup Edgify secures $6.5M seed from Octopus, Mangrove and semiconductor

Edgify, which builds AI for edge computing, has secured a $6.5 million seed funding round backed by Octopus Ventures, Mangrove Capital Partners and an unnamed semiconductor giant. The name was not rel

Men’s health subscription startup Numan closes £10M Series A funding round

Launched almost 18 months ago, Numan joined the growing list of sites targeting men’s health, such as Roman and Hims, for example. Numan launched aiming to promote accessible medical remedies for er

London Business School and LocalGlobe launch new VC course aimed at women, Black and Asian candidates

With the U.K.’s Black Tech Fest on this week, it’s timely that a new executive education course aimed at those wanting to enter the venture capital industry has been launched to serve previous

Kahoot picks up $215M from SoftBank for its user-generated, gamified e-learning platform

After announcing a modest $28 million raise earlier this year, the user-generated gamified e-learning platform Kahoot today announced a much bigger round to double down on the current surge in demand

Landscape site launches with the aim of becoming the ‘Glassdoor for VC’

You’ve probably heard of Glassdoor, which exists to allow employees to rate companies anonymously. Now a U.K. entrepreneur has decided to address the thorny issue of rating venture capitalists. Land
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