Portugal

In the current environment, startups are having to do a couple of seemingly contradictory things at the same time. First, they have to keep employees (the ones they want to…

Portugal’s Coverflex raises a €15M Series A to make employee benefits more flexible and engaging

Tech-talent marketplace MVP Match has raised €5 million ($5 million) seed funding from Stage 2 Capital to double down its strategy for pairing companies with talent from across the globe.…

MVP Match, a tech-talent marketplace, raises $5M from Stage 2 Capital

One way to curb competition in other countries is to file a patent in each of those countries. However, the cost of filing a patent in every country can be…

Where should US-based startups file their patent applications?

Opendoor opened the door, so to speak, to the idea of applying technology to the concept of house flipping to both scale the opportunity and make it considerably more efficient.…

Casavo, an Opendoor-style proptech from Italy, raises $410M to expand its instant buyer platform across Europe

Much has been made of how European countries are, on the one hand, supporting Ukraine in its fight against the heinous and illegal invasion by Russia but at the same…

Look out Putin — Ukrainian woman invents ‘solar for balconies’ to wean Europe off Russian gas

It’s been a tough few years for Omio, the Berlin-based travel search and booking platform that saw 98% of its revenues evaporate overnight when COVID-19 hit Europe back in spring…

Omio raises $80M as travel demand rebounds after years of COVID-19 crisis

It continues to be a very rough week for e-commerce companies in Europe. In the latest development, TechCrunch has learned and confirmed that Getir — the $12 billion quick commerce upstart…

Getir, the $12B instant delivery startup, plans to axe 14% of staff globally and cut aggressive expansion plans

E-commerce is booming, but it’s become increasingly apparent over the years that the businesses that are able to capitalize on that trend — and contribute to that growth — are…

Salsify secures $200M as the boom in e-commerce catapults its valuation to $2B

Further evidence of the booming Portuguese tech ecosystem is emerging today with the news that venture capital firm Shilling is topping up its “Founders Fund” to €52 million ($59 million),…

Portuguese VC Shilling tops up its Founders Fund, hitting $59M in capital to deploy

Companies like Opendoor opened the door to a new way of buying and selling properties by inserting a strong middle player who could buy houses or apartments and redevelop them…

Clikalia clicks on $86M to expand its iBuyer marketplace across Europe and Latin America

Lisbon VC Indico Capital Partners is launching a climate tech fund — dubbed the Indico Blue Fund. The €50 million VC and growth equity fund will target “Blue Economy” (technology…

Portugal’s Indico Capital Partners launches €50M ocean tech ‘Blue Economy’ fund

By now, many of us are familiar with the warehouse robots that populate those vast spaces occupied by the likes of Amazon and others. In particular, Amazon was very much…

Paack pulls in a $225M Series D led by SoftBank to scale its e-commerce delivery platform

Industrial drones — the enterprise complement to the unmanned aerial vehicles that consumers own for leisurely use — are taking off in the market, fueled by a new wave of…

Tekever raises $23M for industrial drone technology optimized for maritime surveillance

Barcelona-based Payflow, a YC-backed salary-advance fintech with ambitions to evolve into a neobank, has banked a $9.1 million Series A funding round — bringing its total raised since January 2020,…

Spain’s Payflow, a salary advance startup, banks $9.1M to fuel a super app growth strategy

The African tech scene woke up today to exciting news about the landmark acquisition of MainOne, one of the region’s most important and pivotal tech companies in the past decade,…

MainOne CEO Funke Opeke says Equinix is buying her company for the right price

Equinix announced today that it is acquiring MainOne, a West African data center and connectivity solutions provider with a presence in Nigeria, Ghana and the Ivory Coast, for $320 million.…

Equinix is acquiring Nigeria’s MainOne for $320M as it expands into Africa

Facebook, a recently added subsidiary of Meta, said it will make two-factor authentication (2FA) mandatory for high-risk accounts likely to be targeted by malicious hackers. The move is part of…

Facebook is making two-factor mandatory for high-risk accounts

The fleet management industry needs to be able to predict when a truck or a van is about to break down. Not only does this prevent millions in lost revenues,…

Portugal’s ‘predictive maintenance’ startup Stratio pulls in $12M Series A round led by Forestay

Well that was quick. U.K.-based hyper fast grocery delivery startup Weezy — which only raised a pre-seed for its 15-minute delivery services of supermarket fare last year (after founding the…

Turkey’s instant grocery giant Getir grabs UK’s Weezy in latest delivery consolidation

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,…

Spotify’s new Podcast Subscriptions expand to global markets

The new office will serve as its first in Europe and will be operational in March, initially staffing up to 50 by the end of next year.

Housing startup QuintoAndar to open first technology hub outside Brazil in Portugal

Portuguese VC Faber is launching a new fund, Faber Blue Pioneers I, to invest in early-stage startups — primarily from Portugal and Southern Europe — developing innovative “deep tech solutions”…

Portuguese VC Faber to launch Faber Blue, a €30M fund for ocean sustainability

Food tech is booming in Europe and is growing exponentially. In 2020, €3 billion went into European food tech companies (State of European Tech Report, March 2021), and the pandemic…

Five Seasons Ventures pulls in €180M fund to tackle human health and climate via food tech

More startup swapping in the food delivery space: Spain’s Glovo, an on-demand delivery platform which operates a network of dark stores focused on urban convenience shopping, is pushing deeper into…

Glovo bags two grocery picking and delivery startups

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!…

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

Casafari, a real estate data platform in Europe based out of Lisbon, Portugal, has raised a $15 million Series A funding round led by Prudence Holdings in New York. But,…

Real estate platform Casafari raises $15M to allow PE to buy single-family homes at scale

Featured Article

Dear EU: It’s time to get a grip

The EU for all its lethargy, faults and fetishization of bureaucracy, is, ultimately, a good idea. It might be 64 years from the formation of the European Common Market, but it is 29 years since the EU’s formation in the Maastricht Treaty, and this international entity is definitely still acting like an indecisive millennial, happy…

9:12 am PDT • June 25, 2021
Dear EU: It’s time to get a grip

Among many updates coming to iOS 15, Apple Maps will receive a number of upgrades that will bring more detailed maps, improvements for transit riders, AR experiences and other changes…

Apple Maps upgrade brings more detailed maps, transit features, AR view and more

As the famous phrase goes, “software is eating the world” — and now software is eating dentistry. Or, perhaps more accurately, the arena of orthodontics — the specialty of dentistry…

Direct-to-consumer orthodontic startup Impress raises $50M to scale across Europe

Look out Amazon Go. A Lisbon startup plans to offer the same autonomous store technology to other retailers. Lisbon-based Sensei, a computer vision startup that allows convenience stores to offer…

Look out Amazon Go — A Lisbon startup plans to offer autonomous stores to other retailers