Luxembourg

Runa Capital kicks off new fund as it joins the VC ‘Scramble for Europe’ by moving to Luxembourg

TechCrunch understands Runa Capital, which launched in 2010, has raised $55 million toward its fourth fund, aiming for a target of $250 million. The company is declinging to comment. However, after 12

Waysia raises €10M to deliver Asian grocery in Europe

COVID-19 has reshaped our lives in many ways and given rise to a plethora of services tailored to these newborn needs. Waysia, an Asian grocery delivery platform, is one such startup that retooled in

Crypto asset manager Babel Finance reaches $2B valuation

Despite recent swings in cryptocurrency values, many institutional investors appear undeterred. The growth of Babel Finance, which offers a suite of institution-facing crypto financial products, could

Leko Labs gets $21M to build greener

Luxembourg-based Leko Labs, a construction startup that’s developing sustainable wood-based building materials as an alternative to steel and concrete and applying automation to construction met

Weather-focused IBISA raises seed round to back its microinsurance solutions for low-income small farmers

Agricultural microinsurance startup IBISA raised a seed round of approximately $1.70 million led by London-based Insurtech Gateway, with participation from Rockstart’s AgriFood fund and others.

Vauban, an AngelList-like platform for VCs and angels to run and raise funds, closes $6.3m

It’s always been a slight puzzle why AngelList never really properly took off in Europe, especially when, a few years ago, there was such a dearth of funding options for poorly served European start

Spotify’s new Podcast Subscriptions expand to global markets

Just a few months after launching support for podcast subscriptions to U.S. creators, Spotify today is making the service available to creators in global markets. The company says the service, which a

Untitled Ventures joins the scramble for Russian & Eastern European startups with a $118M warchest

Sorry Mr. Putin, but there’s a race on for Russian and Eastern European founders. And right now, those awful capitalists in the corrupt West are starting to out-gun the opposition! But seriously…

CJEU ruling could open big tech to more privacy litigation in Europe

A long running privacy fight between Belgium’s data protection authority and Facebook — over the latter’s use of online trackers like pixels and social plug-ins to snoop on web users

Cowboy launches the Cowboy 4 e-bike, with a step-through version and built-in phone charger

E-bike startup Cowboy has launched the Cowboy 4, its newest generation of urban electric bikes. The bike will come in two different frames, a traditional frame, and a step-through. The C4 is basically

Diginex launches ESG reporting platform aimed at small businesses

As ESG reporting goes up the agenda for large companies, it’s also increasingly doing so for smaller companies as well. But right now, tracking things like your company’s CO2 emissions is mainly t

Aldea Ventures creates ‘hybrid’ European €100M fund to invest both in micro VCs, plus follow-on

The historical trajectory of venture capital has been to move to earlier and earlier finding rounds in order to capture the greatest potential multiple on exit. In the U.S., we’ve seen an explosion

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

GDPR’s two-year review flags lack of ‘vigorous’ enforcement

It’s more than two years since a flagship update to the European Union’s data protection regime moved into the application phase. Yet the General Data Protection Regulation (GDPR) has been

European Parliament moves to majority teleworking in response to COVID-19

The European Parliament is instructing managers to prepare for all but a minority of staff to work remotely for 70% of the week as of next Monday — dialling up its response to Covid-19, the dise

VCs from Accel and SoftBank talk Europe’s startup scene, what they expect in 2020, and the future of SoftBank

If you haven’t noticed, Europe’s startup scene is in full bloom, with more than $30 billion deployed in startups across the continent over the last 12 months and more than 20 countries now

ispace Europe tapped by the European Space Agency for mission to extract water from the Moon

Space startup ispace, which is headquartered in Japan but has a European subsidiary based in Luxembourg, will take part in PROSPECT, a program run by the European Space Agency (ESA) that intends to ex

Amazon amends seller terms worldwide after German antitrust action

Amazon has agreed to make a raft of changes to the business terms it offers sellers on its marketplaces following an intervention by Germany’s Federal Cartel Office (FCO). The regulator instigat

Amazon Prime Day 2019 expands to become a 48-hour sale on July 15-16

Amazon is preparing for its longest Prime Day ever. The company announced today it will host a 48-hour Prime Day sales event this year, starting at midnight on Monday, July 15 and extending for two fu

Luxembourg to get €100M investment from Chinese payments startup Pingpong

For financial services firms looking to enter Europe, Luxembourg has historically been a popular anchoring point because of its political and economic stability, as well as a favorable regulatory envi
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