Climate risk, including extreme events and the related pressures our environment, are fundamentally affecting the way businesses and governments operate — both tactically and strategically. Increasing climate volatility is causing food supply disruptions and increasing pressure on Enterprises (including financial institutions, insurers and producers) to disclose what’s going on. The trouble is, while there is
Europe
Forecast, a Denmark-based startup that has developed “AI-powered” project management software, has raised $5.5 million in new funding. The round is led by Crave Venture Partners, with participation from existing backers SEED Capital and Heartcore. Forecast has raised $10 million in total funding to date. Founded in late 2016, Forecast describes itself as an AI-powered
Berlin rose as one of Europe’s leading startup hubs over the last decade, featuring unicorns N26, Delivery Hero, HelloFresh, and Auto1 Group. Berlin attracts developers from Eastern Europe and elsewhere into an international hub where English is the linga franca among startups and costs are noticeably lower than in London or Paris. Rocket Internet, while
Omio (née GoEuro) has acquired multimodal travel veteran Rome2rio as it works on building out a global travel aggregator business, having taken the decision to zoom out from its home market of Europe earlier this year. Financial details of the transaction are not being disclosed. But Omio raised a $150M funding round a year ago
Namogoo, the Herzliya, Israel-based company that has developed a solution for e-commerce and other online enterprises to prevent “customer journey hijacking,” has raised $40 million in Series C funding. The round is led by Oak HC/FT, with participation from existing backers GreatPoint Ventures, Blumberg Capital, and Hanaco Ventures. It brings total raised by Namogoo to
Microsoft-owned Github has removed the APK of an app for organizing political protests in the autonomous community of Catalonia — acting on a takedown request from Spain’s military police (aka the Guardia Civil). As we reported earlier this month supporters of independence for Catalonia have regrouped under a new banner — calling itself Tsunami Democràtic
US regulators shouldn’t be sitting on their hands while the 50+ state, federal and congressional antitrust investigations of Google to grind along, search rival DuckDuckGo argues. It’s put out a piece of research today that suggests choice screens which let smartphone users choose from a number of search engines to be their device default —
Addresses are ambiguous, not precise enough or don’t even exist in some places. what3words wants to map the entire world and overhaul addresses three words at a time. That’s why I’m excited to announce that what3words Chief Commercial Officer Clare Jones is joining us at TechCrunch Disrupt Berlin. The startup has divided the world in
Blade, the French startup behind Shadow, held a press conference this morning to announce some product news as well as some corporate changes. Shadow is a cloud computing service for gamers. For a monthly subscription fee, you can access a gaming PC in a data center near you. Compared to other cloud gaming services, Shadow
Huge networks like Facebook and LinkedIn have a huge gravitational force in the world of social media — the size of their audiences make them important platforms for advertising and those who want information (for better or worse) to reach as many people as possible. But alongside their growth, we’re seeing a lasting role for
TrueLayer, the London startup that’s built a developer API platform for fintechs and other adjacent companies to utilise open banking, has agreed a strategic and commercial relationship with Visa. The partnership sees Visa also take a minority stake in TrueLayer as part of the company’s $35 million Series C funding announced in June. The round
Huge travel platforms that run airline booking systems like Sabre and Amadeus were invented eons ago and are so large and cumbersome that innovating with them is no easy feat. In the same way that challenger banks have come along to re-invent the banking software Starck, UK startup Duffel has done the same in the
Identity Verification-as-a-Service (“IVAAS”?!) is a pretty tortuous phrase. But it’s now established as key tech area for the tech industry as startups like Onfido, Jumio and others have proved with large funding raises in the last few years. Verifying ID is now also a key part of the gig-economy. Joining them today is a German
Koyo, a fintech startup using open banking to offer loans to people with “thin” credit files and currently poorly served by the market, has closed $4.9 million in funding. The round — a mixture of debt and equity funding — is led by Forward Partners, with participation from Seedcamp. Other investors include Christian Faes (founder
A new space race is forming globally, energized by venture capital and the hype around companies like Elon Musk’s SpaceX and Jeff Bezos’ Blue Origin. The privately-funded space industry is still in its infancy, but there has been an explosion of startups and investors in the sector, and the fever has, in the last few
Zamna — which uses a blockchain to securely share and verify data between airlines and travel authorities to check passenger identities — has raised a $5m seed funding round led by VC firms LocalGlobe and Oxford Capital, alongside Seedcamp, the London Co-Investment Fund (LCIF), Telefonica, and a number of angel investors. Participation has also come
With 72 unicorns created since 2009 and $8.7 billion in venture funding last year, the UK is Europe’s leading startup hub. Although it remains uncertain how Brexit will impact startups’ ease of recruiting and rapid scaling, initial pains are unlikely to displace London from its position as a global center for finance, media, retail, and
HowNow, the workforce learning platform, has raised $3 million (£2.4m) in a “pre-series A” funding round. The round is led by Mark Pearson’s Fuel Ventures and brings the total raised by the startup to $4.5 million. Other investors include Andy Murray OBE; Michael Whitfield and Chris Bruce (founders of Thomsons Online Benefits); Bernie Sinniah (former
StepLadder, another London-based startup aiming to help so-called “generation rent” get onto the housing ladder, has raised £1.5 million in seed funding. Backing the round is Spanish banking giant BBVA and fintech VC Anthemis via the London-based venture studio the pair have partnered on. Early investor Seedcamp also followed on, in addition to unnamed angel
The contract between the UK’s National Health Service (NHS) and ecommerce giant Amazon — for a health information licensing partnership involving its Alexa voice AI — has been released following a Freedom of Information request. The government announced the partnership this summer. But the date on the contract, which was published on the gov.uk contracts
Influencer marketing and the related area of spon con have become a cornerstone of how the internet’s wheels spin: personalities attract traffic and buzz, and help shift not just sentiment but often products for brands, giving boosts both to online engagement and commerce. Now, a London startup called Verve, which plays on the influencer theme
Platform power is a helluva a drug. Do a search on Google’s Play store in Europe and you’ll find the company’s own Gboard app has an age rating of PEGI 3 — aka the pan-European game information labelling system which signifies content is suitable for all age groups. PEGI 3 means it may still contain
London-based fintech startup Revolut has two pieces of news to announe this week. First, Revolut is expanding to Singapore after a long beta period. The company already has 30,000 customers over there and anyone can open an account now. Singapore residents will be able to take advantage of all of Revolut’s core features. You can
The third annual review of the EU-US Privacy Shield data transfer mechanism has once again been nodded through by Europe’s executive. This despite the EU parliament calling last year for the mechanism to be suspended. The European Commission also issued US counterparts with a compliance deadline last December — saying the US must appoint a
New Scientist has obtained a legal agreement between Google’s health division and the UK National Health Service (NHS) that includes provision to pass five years’ worth of patient data in bulk as part of a contract novation process. If you’re feeling a sense of deja vu that’s quite right: Back in 2016 it emerged —
LabGenius, a London-based startup applying AI and “robotic automation” to protein drug discovery, has raised $10 million in Series A funding. The round is led by Lux Capital and Obvious Ventures, with participation from Felicis Ventures, Inovia Capital, Air Street Capital and existing investors. Also investing is Recursion Pharmaceuticals’ founder and CEO Chris Gibson, as
The Ethereum community is hard at work on Ethereum 2.0, the next major upgrade of its blockchain. It is an incredibly challenging task, and the Ethereum Foundation has been completely transparent about its roadmap and progress. That’s why I’m excited to announce that Ethereum Foundation researcher Justin Drake is joining us at TechCrunch Disrupt Berlin.
Supermercato24, the Italian same-day grocery delivery service, has acquired Szopi.pl, an on-demand grocery delivery service in Poland. Terms of the deal remain undisclosed, although I understand it is a mixture of cash and stock. Szopi had raised €1.7M from various investors, including Impera Alfa. The acquisition sees the two companies join forces to speed up
Europe’s chief data protection watchdog has raised concerns over contractual arrangements between Microsoft and the European Union institutions which are making use of its software products and services. The European Data Protection Supervisor (EDPS) opened an enquiry into the contractual arrangements between EU institutions and the tech giant this April, following changes to rules governing
The turbulence of Brexit has left both UK and European startups alike wondering about the best path forward. From recruiting to acquiring investment to scaling into other parts of Europe, the challenges seem to be mounting. By December, who knows what will have happened on the Brexit landscape, such is the chaos. At Disrupt Berlin