Europe

PQShield raises $7M for quantum-ready cryptographic security solutions

A deep tech startup building cryptographic solutions to secure hardware, software, and communications systems for a future when quantum computers may render many current cybersecurity approaches usele

Nauta Capital launches fifth fund with €120M to back early-stage European B2B startups

Nauta Capital, the pan-European venture capital firm that invests in B2B technology startups at seed and Series A, is launching its fifth fund. The new vehicle has an initial close of €120 million

UK’s Farewill raises $25M for its new-approach online will writing, funerals and other death services

The daily updates on COVID-19 outbreaks, tragic stories of related fatalities and our narrowed scope of life due to lockdown have all put the concept of mortality — and for some the sad business

Enterprise architecture software company LeanIX raises $80M Series D

LeanIX, the enterprise architecture software company founded out of Bonn, Germany, has closed $80 million in Series D funding. The round is led by new investor Goldman Sachs Growth. Previous investors

How European seed firm Connect Ventures finds ‘product-first’ founders

Connect Ventures, the London-based seed-stage VC that was an early investor in Citymapper and Typeform announced a new $80 million fund last month to continue investing in “product-led” founders.

Koyeb is a serverless startup that ingests, processes and stores data with multiple cloud providers

Meet Koyeb, a new French startup founded by Yann Léger, Édouard Bonlieu and Bastien Chatelard, who have previously worked at Scaleway for many years. Koyeb is a serverless startup that helps you man

Berlin’s Cavalry Ventures closes €80M, backed by DACH founders and EIF

Cavalry Ventures, the Berlin-based early-stage venture fund which was the lead investor into BRYTER, has closed its second fund of €80 million, more than 3.5x the size of its maiden fund. Geared som

K Fund has another €70M to back early-stage Spanish startups and is launching a pre-seed program

K Fund is officially outing its fund II today, which sits at €70 million, up from €50 million the first time around. The remit remains the same, however: Targeting Spanish startups with an interna

Organise, a platform for worker rights, raises £570K seed funding led by Ada Ventures

Organise, a U.K. startup that has built a platform to help workers organise and campaign for better rights, has raised £570,000 in seed funding. The round is led by Ada Ventures, fitting into the VC

Lydia expands credit offering in partnership with Younited Credit

French startup Lydia is announcing a new partnership with Younited Credit, which lets you borrow anything between €500 and €3,000 and pay back within six to 36 months. The feature will be released

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
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