London startup Portify raises £7m, offering credit building and financial tools for self-employed and gig workers

The London fintech startup Portify has raised £7 million in a Series A funding round, for its platform to help gig economy and self-employed workers manage their finances, according to TechCrunch.  In addition to financial planning with Open Banking to track and plan finances through a mobile app, the company also wants to help workers access credit […]

Waymo acquires the UK firm Latent Logic, using ‘imitation learning’ to help self-driving cars learn human behavior

Waymo acquires the UK firm Latent Logic, using ‘imitation learning’ to help self-driving cars learn human behavior

Waymo has acquired the UK artificial intelligence firm Latent Logic, giving Alphabet’s self-driving car company its first foothold in the UK, according to The Guardian.  With roots at Oxford University, Latent Logic specializes in a type of machine learning called imitation learning, which models the behavior of human drivers and pedestrians to help emulate and react to […]

Paris startup Outsight raises €18 million to develop 3D sensor cameras for smart cities and self-driving cars

Paris startup Outsight raises €18 million to develop 3D sensor cameras for smart cities and self-driving cars

The Paris-based startup Outsight has raised €18 million in seed funding, tying for the largest seed funding round in Europe this year, to develop AI-powered, 3D sensor cameras for drones, autonomous vehicles, and smart city infrastructure, according to Venture Beat. Outsight’s 3D Semantic Camera can not only perceive, but also interpret its surroundings and environment. It […]

UK startup Otta raises £850k in seed funding, to help job seekers find the most relevant opportunities

The UK-based startup Otta has raised £850,000 in seed funding for its job search and recruitment platform, according to TechCrunch. The company’s platform prioritizes the needs of job seekers, an approach they say is long overdue in a recruitment market worth £35 billion in the UK and $150 billion in the US. They’ve now raised seed […]

Richard Alden, entrepreneur: “We need to reform the last mile of parcel delivery”

This year’s Black Friday is expected to have garnered record sales in France—but it’s also sparked considerable controversy. Parisian mayor Anne Hidalgo indicated last week that she is moving towards taxing major firms like Amazon for the environmental impact of their deliveries, while on Black Friday itself, environmental demonstrators around the country protested against the […]

Fintech startup PixPay offers debit cards for teens, with tools for parents

The French fintech startup PixPay is offering a new alternative for kids and their parents to manage money, instead of cash or a conventional bank account.  Unlike with most other digital challenger banks such as Revolut, kids 10 years and up can create an account with PixPay, according to TechCrunch.  Often, conventional banks do little to meet […]

Telecel, MEST, and the IFC look to give African startups a leg up

There’s no doubt that Africa’s startup sector has been booming. Last year saw a four-fold increase in funding raised for African startups, with the total number of deals doubling. Startups across the continent raised over $725 million, soaring nearly 40 percent from $528 million the year before. There were also more large funding rounds over $5 million, with the […]

French startup Leavy.co raised $14m in seed funding, with an app to help travelers rent out their home while away

The Paris-based travel tech platform Leavy.co has disclosed a seed funding round that earned $14m earlier this year, according to TechCrunch. The company says it’s the most seed funding ever earned in a round by a travel tech startup. The platform allows travelers to rent out their home while away, and is geared toward millennials who […]

Investment in Europe’s tech startups surged 40 percent to a record $34.3 billion this year

European startups earned a record level of investment in 2019, drawing $34.3 billion in venture capital since the start of the year, according to the latest “State of European Tech” report from the London-based VC firm Atomico. It’s a 40 percent increase from the year before, and occurred even as US and Asian markets saw investment slowing.  […]

French startup Angell unveils advanced, connected e-bike with integrated dashboard screen

The French startup Angell revealed its first e-bike this week, a ‘smart bike’ with advanced design and features, according to TechCrunch. The company is positioning itself to take advantage of an opportunity in the French market, where their data shows only 2 percent of commuters travel cities by bike, compared to 31 percent in the Netherlands […]