London based Plentific, which operates a marketplace SaaS platform targeting the property management space, has closed a $100 million Series C. The funding round is led by new investors Highland Europe and Brookfield Technology Partners — the VC arm of the eponymous real estate giant — along with Mubadala Investment Company and RXR Digital Ventures,
Europe
PayPal will now allow users outside the U.S. to buy, hold and sell cryptocurrency for the first time. The company announced today the launch of a new service that will allow customers in the U.K. to select between four types of cryptocurrencies — including Bitcoin, Ethereum, Litecoin and Bitcoin Cash — which can be purchased
Poland-based healthtech AI startup Cardiomatics has announced a $3.2M seed raise to expand use of its electrocardiogram (ECG) reading automation technology. The round is led by Central and Eastern European VC Kaya, with Nina Capital, Nova Capital and Innovation Nest also participating. The seed raise also includes a $1M non-equity grant from the Polish National
The UK’s competition watchdog has raised serious concerns about Nvidia’s proposed takeover of chip designer, ARM. Its assessment was published today by the government which will now need to decide whether to ask the Competition and Markets Authority (CMA) to carry out an in-depth probe into the proposed acquisition. In the executive summary of the
Fintech startup Revolut is launching a new feature called Payday. It is an alternative to credit card debt and short-term credit as it lets you unlock a portion of your wage early. If a business decides to integrate with Revolut, users can then access the feature from the financial super app directly. Right now, the
It’s not even half a year since crypto exchange Bitpanda announced a $170M Series B — when, back in March, Austria’s first unicorn was being valued at $1.2 billion. Today it’s topping that: Announcing a $263M Series C, led by Peter Thiel’s Valar Ventures, with the fintech startup now valued at a whopping $4.1BN —
Dublin-based Evervault, a developer-focused security startup which sells encryption vis API and is backed by a raft of big name investors including the likes of Sequoia, Kleiner Perkins and Index Ventures, is coming out of closed beta today — announcing open access to its encryption engine. The startup says some 3,000 developers are on its
News is vital to society, but it’s also incredibly expensive to produce. As ad rates have suffered across the industry (minus a positive blip this summer), publishers have increasingly turned to paywalls to make ends meet. There’s just one problem: the open internet which allowed readers to range over the entire thought of humanity has
Enterprise Resource Planning systems have traditionally been the preserve of larger companies, but in recent years the amount of data small medium sized businesses can generate has increased to the point where even SMEs/SMBs can get into the world of ERP. And that’s especially true for online-only businesses. At the beginning of the year we
Hamburg’s state government has been formally warned against using Zoom over data protection concerns. The German state’s data protection agency (DPA) took the step of issuing a public warning yesterday, writing in a press release that the Senate Chancellory’s use of the popular videoconferencing tool violates the European Union’s General Data Protection Regulation (GDPR) since
Automation will displace 85 million jobs while simultaneously creating 97 million new jobs by 2025, according to the World Economic Forum. Although that sounds like good news, the hard reality is that millions of people will have to retrain in the jobs of the future. A number of startups are addressing these problems of employee
With the pandemic digitizing every aspect of our lives, the Creator Economy has taken off like never before, with some estimates saying it’s now a $100Bn+ market. And yet, managing your professional life as a model, actor, writer or designer remains a mish-mash of emails, manual booking processes, and dreaded PDFs. Creatives face late payments,
Small and medium-sized construction businesses in Europe and the US tend not to be run on digital platforms, leaving a $1.6 trillion industry relatively untouched. publicly-listed Procore (NYSE: PCOR) is the go-to platform for large general contractors, but newer startups are going for this SMB construction market such as Sitemax, Sitemate, Fieldlens and Fieldwire. Now,
As Baby Boomers (aged 57-75 at this point) and Gen X (aged 41-56) head into their dotage, they are no longer the “senior citizens” of yore, being still active and, often, healthy. But leaving work means they lose about half of their social network, which has a negative impact on wellbeing. Plus, the pandemic increased
When adding text code from a 3rd party source into a platform, the process is an unavoidable and time-consuming chore. Developers currently spend a large part of their day reviewing things like “NPM” packages, and such. There are developer libraries and text code platforms like JetBrains and Visual Studio, but these don’t entirely solve the
Traditional MBA programs can be costly, lengthy, and often lack the application of real world skills. Meanwhile, big global brands and companies who need Product Managers to grow their businesses can’t sit around waiting for people to graduate. And the EdTech space hasn’t traditionally catered for this sector. This is perhaps why Product School, says
Butternut Box, a London-based fresh dog food business with a tech-driven platform that delivers HelloFresh-style, catered dogfood, has raised $55.4 million (€47.2 million) in a funding round led by L Catterton, the consumer-focused private equity firm, and included participation from White Star Capital, Five Seasons Ventures and Passion Capital. We covered their early funding round
Launched in February 2019, Kroo, the London-based consumer-facing fintech raised some seed funding last year for its prepaid card service which claims to offer more ‘social features’ in its drive towards offering full-blown banking services. Kroo’s pitch is that it removes friction from financial interactions with friends and family, and throws in some environmental initiatives
Back in December 2020 we covered the launch of a new kind of smartphone app-based search engine, Xayn. “A search engine?!” I hear you say? Well, yes, because despite the convenience of modern search engines’ ability to tailor their search results to the individual, this user-tracking comes at the expense of privacy. This mass surveillance
While Amsterdam garners the lion’s share of attention in the Netherlands tech ecosystem, the not-so-far-away region around Utrecht has its fair share of tech startups and investors, as is evidenced by our latest survey of locals, below. Area ecosystem wranglers such as StartupUtrecht, UtrechtInc, Holland Startup, Utrecht Community and others bring startups, scaleups, corporates, angels,
High-quality UX for websites and apps is no longer a nice-to-have, it’s a must-have if a company is to succeed. But scaling the impact of UX teams is not simple, and in recent years teams have turned to what’s know as DesignOps platforms to help them. Now, a new startup hopes to become a key
UK-based open banking bulk payment startup Comma has raised £4.34 million ($6m) in a Seed round of funding led by Octopus Ventures and Connect Ventures. They were joined by investors Village Global, and the founders of Wagestream, Peter Briffet and Portman Wills. The company says it enables small and micro businesses to bulk pay bills,
Refurbed, a European marketplace for refurbished electronics which raised a $17 million Series A round of funding last year has now raised a $54 million Series B funding led by Evli Growth Partners and Almaz Capital. They are joined by existing investors such as Speedinvest, Bonsai Partners and All Iron Ventures, as well as a
Last week, Deliveroo made news when it announced it was preparing to leave the Spanish market. The recently-listed Deliveroo couched its explanation in market terms, noting its market position in Spanish on-demand delivery wasn’t sufficient to warrant continued investment. Left unmentioned: a Spanish legal change requiring companies that previously depended on freelance couriers to hire
It’s a little known fact that the carbon footprint of the technology sector is greater than the entire aviation industry (Aalto University and LUT University). At the same time, tech companies (like many others) are generally attracted to carbon offsetting schemes which don’t actually remove carbon from the environment and are often riddled with flaws.
Florida-based HackerU, which creates cybersecurity and other digital skills programs, is acquiring Cybint, a SaaS-based cyber education company. TechCrunch sources understand this to be a $50 million acquisition, though both companies declined to comment on the price. HackerU provided digital workforce training to students, post-graduate professionals and the community in the U.S., Europe and Asia
The Cameo app, where celebrities send video messages to paying fans, has taken off globally. But now the concept is set to come to the Middle East and South Asia. Tech startup YELA has secured $2 million in investment to support its launch, and will — similar to Cameo — offer users the opportunity to
More than one smartphone app startup has tried to convince you that by using their app you will miraculously stave off the ravages of age and flab. All I need to do is flip open my phone and real off a few: Gyroscope, MyFitnessPal, Welltory, ActivityTracker, SleepCycle. The list goes on. You name it, there’s
Neobanks, other financial startups, and the basic concept of “finance anywhere” are seeing huge gains at the moment, and today one of the key companies building the infrastructure that powers services like these is announcing a major growth round of funding to double down on the opportunity. Rapyd — which provides a range of financial
With the pandemic wreaking havoc amongst early years education amid school lockdowns, it’s no wonder edtech startups have piled into the space. But it has also served to highlight the abysmal nature of early years teaching: Some 40 million teachers across the globe are leaving the sector, according to the World Bank. Of the 1.5
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