Inequalities between women and men in the workplace have been exacerbated during the COVID-19 pandemic and are likely to persist in the near future, according to the International Labour Organization (ILO). The World Economic Forum estimates globally it will take 267.6 years to close the gender gap in economic participation and opportunity. So it’s even
Europe
With the rise of Open Banking, Psd2 Regulation, InsurTech, and the whole, general Fintech boom, tech investors have realized that there is an increasing place for dedicated funds which double down on this ongoing movement. When you look at the rise of banking-as-a-service offerings, payments platforms, insurtech, asset management, and infrastructure providers, you realize that
Swiss alternative protein company Planted has raised its second CHF 17M (about $18.5M at present) round of the year, a “pre-B” fundraise that will help it continue its growth and debut new products. A U.S. launch is in the cards eventually but for now Planted’s exclusively European customers will be able to give its new
Since U.K. spying headquarters GCHQ was established in Cheltenham in the 1950s, the city has attracted large firms like IBM, Raytheon, Microsoft and BAE Systems to the region, and startups like Truststamp, Bamboo Technologies, Ripjar, Hub8 and CYNAM have emerged from the city. All of these firms draw on the talent that naturally gravitates to
Outvio, an Estonian startup that provides a white-label SaaS fulfillment solution for medium-sized and large online retailers in Spain and Estonia, has closed a $3 million early-stage financing round led by Change Ventures. Also participating were TMT Investments (London), Fresco Capital (San Francisco), and Lemonade Stand (Tallinn). Several angels also joined the round including James
Something very interesting is going on with supply chains, and has been for a while. But it’s clear the pandemic has accelerated the trend. Tech startups are once again cutting out the middle man, but this time at the supply chain level. The opportunity is to replace supply chains with platforms – it’s the ‘platformization
Algolia has raised a $150 million Series D funding round at a post-money valuation of $2.25 billion. Compared to the Series C round from October 2019, the company’s valuation has more than quadrupled. It means that Algolia is now a unicorn with a valuation above $1 billion. The company is best known for its search-as-a-service
Cast your mind back to that scene in Minority Report where all those autonomous cars are whizzing through the city. The more practically-minded of you may well have gone: “Yeah, but what about the insurance…?”. Among the startups building the on-demand, connected insurance world for the vehicles of tomorrow right now are UK-based Zego which
Despite their rich engineering talent, Blockchain entrepreneurs in the EU often struggle to find backing due to the dearth of large funds and investment expertise in the space. But a big move takes place at an EU level today, as the European Investment Fund makes a significant investment into a blockchain and digital assets venture
A new trend is emerging in the world of startups and, to many, it couldn’t have come too soon. Why are there so few women in senior roles? Women going through menopause are commonly known to drop out of leadership roles, for instance. In the UK, menopause is responsible for about 14 million lost working
European customer engagement platform Dixa has raised a Series C funding round of $105 million, led by growth equity investor General Atlantic. Existing investors Notion Capital, Project A, and Seed Capital also participated. In February last year, it raised $36 million in Series B funding, led by Notion Capital, with support from existing investors Project
The tyranny of the Excel spreadsheet continues, and especially in rostering staff. Nowhere is this more acutely felt in today’s COVID-pressured hospital wards, which are now depleted not just by the disease but by staff burnout from patchy-over or under-scheduling of staff hours. Two doctors realized this and decided to create a startup. Patchwork Health
When it comes to health issues like menopause, fertility, pregnancy, and even early parenthood, the data tells us that people typically turn to search engines and social media for advice to ask about symptoms or concerns they have. They tend not to go to a medical practitioner, in the first instance. The suggestion, therefore, is
With Microsoft now being an investor in OpenAI the field now more open for new insurgents into the open-source AI arena. Now a German company hopes to take on the next AI mantle and produce something akin to the success of the GPT-3 AI model. German AI startup Aleph Alpha has now raised €23 million
Many have tried, but email refuses to die… although in the process it might be (figuratively speaking) killing some of us with the workload it brings on to triage and use it. A startup called Sedna has built a system to help with that — specifically for enterprise and other business customers — by “reading”
Embedded finance — the process by which some of the more complicated, but also commoditized, aspects of financial services are built and wrapped in an API for anyone else to implement in their own products for end users — has become a huge cornerstone of how fintech is built today. Now, one of the earlier
Meet Sproutl, a marketplace for gardeners living in the U.K. The startup founded by former Farfetch executives has raised a $9 million seed round. It wants to make gardening more accessible by providing a curated list of items, relevant advice as well as inspiration. Index Ventures is leading the round in the startup with Ada
What with the planet collapsing and democracy under constant attack from all quarters – you know, just the usual – one or two members of the global population have, idly or not, wondered if the private sector might want to step up? I mean, as well as shooting billionaires into space. At the same time,
Just as many other employee services have gone digital, so too is mental health. In the consumer space there are growing startups like Equoo, but the race is now on for the employee. And since telemedicine has gone digital and video-based, so too is mental health provision. A number of companies are already playing in
Coding is not just for engineers and computer programmers anymore: the pace of technology and its growing ubiquity mean that even non-tech roles will require workers to have some degree of knowledge to do their jobs in the future. Today a company called Sololearn — which has built a popular mobile-first education platform to meet
Meet Kitchenful, a new German startup backed by Y Combinator that wants to make it easier to cook at home by taking care of menu ideas and grocery shopping. The service is currently available in early access in Germany with a focus on Berlin and Munich. When you sign up to Kitchenful, you first have
With the pandemic forcing people online, social media use exploded, for obvious reasons. And with that, the opportunity to reach audiences and push messaging. More brand-oriented platforms such as Sprinkler, Sprout Social, and Hootsuite have obviously risen in use, but so did traffic to Oktopost, a much more B2B-oriented proposition. Founded in 2013, Oktopost has only
Imagine a world where no one’s privacy is breached, no faces are scanned into a gargantuan database, and no privacy laws are broken. This is a world that is fast approaching. Could companies simply dump the need for real-world CCTV footage, and switch to synthetic humans, acting out potential scenarios a million times over? That’s
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… only the other day a $100 million fund aimed at Russian speaking entrepreneurs appeared, and others are proliferating. Now, London-based Untitled Ventures plans
French startup Spendesk has announced earlier today that it has raised a $118 million funding round (€100 million) led by General Atlantic. Overall, the company has raised $189 million (€160 million) since its inception. Existing investors Index Ventures and Eight Road Ventures participated once again in today’s funding round. Spendesk, as the name suggests, focuses
The payments space – amazingly – remains up for grabs for startups. Yes dear reader, despite the success of Stripe, there seems to be a new payments startup virtually every other day. It’s a mess out there! The accelerated growth of e-commerce due to the pandemic means payments are now a booming space. And here
Much has been made of the rise of the “creator economy” in the last year. With the Pandemic biting, millions flooded online, looking for a way to make money or promote themselves. The podcasting world has exploded, and with it platforms like Patreon, Clubhouse, and many others. But the thorny problem remains: Do you really
With the pandemic affecting every aspect of life and industry, it’s no surprise that digitization is coming to construction fast. Construction suppliers are increasingly under the same pressure as other sectors to perform at a higher level. We’ve seen the rise of companies like Dozer, Reno Run, and Toolbox try to address this, but often
“We are true believers in the fact that the world needs a new Amazon, a better one, a more sustainable one, one that appreciates local areas and products.” It’s quite one thing to claim you are out to replace Amazon (just as its founder goes into space), but Ralf Wenzel, Founder and CEO of JOKR,
Almost overnight, platforms that offer non-dilutive capital for recurring revenue businesses have become white-hot. It was only in March that Pipe — which aims to be the “Nasdaq for revenue” — raised $150 million, but two months later had raised $250 million at a $2 billion valuation. This fever is now reaching Europe, where today
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