Europe

Dropbox-like cloud storage service Shadow Drive lowers its price

Shadow has decided to cut the price of its cloud storage service Shadow Drive. Users can now get 2TB of storage for €4.99 per month instead of €8.99 per month. As for the free tier, things aren’

Germany’s antitrust watchdog questions the future of behavioral advertising

Germany’s antitrust watchdog made some interesting comments vis-à-vis the programmatic advertising market yesterday — which question the appropriateness and sustainability of the (still d

New New York-meets-Warsaw VC fund brings in Japan partner to hunt for European startups

The VC which backed such startups as Socure (raised $741.9 million) and Cornerstone OnDemand (now Nasdaq:CSOD) is launching a new fund to support startups in Central Europe. To date the new “ff Red

EU and US lawmakers move to draft AI Code of Conduct fast

The European Union has used a transatlantic trade and technology talking shop to commit to moving fast and producing a draft Code of Conduct for artificial intelligence, working with US counterparts a

SellerX acquires US e-commerce roll-up rival Elevate Brands in an all-share deal, raises $64M+

E-commerce aggregators have collectively raised hundreds of millions of dollars over the last several years to push ahead on strategies to consolidate a number of smaller online retailers. Now, the ag

Climate startup CUR8 raises $6.5M from GV for its market-making platform for carbon removals

The IPCC has said the world needs to remove 10 billion tons of carbon dioxide out of the atmosphere by 2050 in order to avoid a climate cataclysm. And, yes, there are multiple methods for carbon remov

NXP unveils its latest processor, the i.MX 91, during Computex

During Computex today, Dutch semiconductor giant NXP announced its i.MX 91, the latest processor from its i.MX 9 series of applications processors for industrial, medical, consumer and IoT use cases.

Taxfix, the $1B German accounting startup, slashes 120 jobs amid funding crunch

Taxfix leaped to a $1 billion valuation in 2022 on the back of a popular mobile app used by consumers to help with tax returns. But fast-forward to 2023, and the Berlin-based accounting startup is tak

Qflow raises $9.1M to track construction receipts, making it easier to de-carbonize

In the same way that we now take pictures of receipts to expense that “important lunch,” construction tech startup Qflow allows the teams running construction sites to do the same for buil

First they worked in tandem, now they’re in an e-bike patent suit

Grenoble-based eBikeLabs, a French startup that has been working on embedded software for electric bikes, is suing Cowboy for patent infringement and, more generally, copying eBikeLabs’ technology i

Elon Musk takes Twitter out of the EU’s Disinformation Code of Practice

Twitter has withdrawn from the European Union’s Code of Practice on online disinformation, per the bloc’s internal market commissioner, Thierry Breton. In a tweet last night — which

How SeaTable navigates the China backlash as it goes West

Chinese startups aspiring to make it big in the West now face a major hurdle: their connections to home. The scrutiny faced by TikTok in the U.S. over its management structure and data practices is a

Sam Altman’s big European tour

Fresh from telling US lawmakers he’s a fan of regulation and laws are needed to mitigate the risks around artificial intelligence — and, indeed, calling for an international regulatory bod

Anne Boden, founder of UK’s Starling Bank, steps down as CEO

Anne Boden nearly lost a grip on Starling Bank years ago when the neobank was in the middle of a coup effort led by its CTO, but now it looks like Boden is doing the walking away. The outspoken founde

Google to work with Europe on stop-gap ‘AI Pact’

Google’s Sundar Pichai has agreed to work with lawmakers in Europe on what’s being referred to as an “AI Pact” — seemingly a stop-gap set of voluntary rules or standards

Meet the tiny, wireless sleep apnea diagnostic wearable headed for the US

U.K. medtech startup Acurable has gained FDA clearance for a novel wireless diagnostic device for remote detection of obstructive sleep apnea (OSA). A formal launch into the U.S. market is slated to f

UK’s Moonfire VC raises its second fund at $115M to aim at early-stage startups

It was back in the pandemic era of 2021 that we reported on the launch of Moonfire, at the time a $60 million “Fund I” seed-stage “data-driven” VC geared around the new world of remote working

OpenFin’s attack on the ‘toggle tax’ in financial apps secures it a $35M Series D round

Not unlike a post-internet-era Bloomberg Terminal, OpenFin was a startup that joined the revolutionary world of user interfaces to fast-moving information back in 2010. If you cast your mind back, tho

TikTok’s lead privacy regulator in Europe takes heat from MEPs

MEPs in the European Parliament had the opportunity of a rare in-person appearance by Ireland’s data protection commissioner, Helen Dixon, to criticize the bloc’s lead privacy regulator fo

Modular app-building platform Builder.ai raises $250 million Series D funding

It was only recently that we reported Builder.ai had signed a strategic collaboration with an undisclosed investment from Microsoft. Builder’s “Natasha” AI will be shortly available to users of
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