Search results for: startup
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 […]
Balderton Capital raises $400 million to invest in European tech startups
London-based venture capital firm Balderton Capital has raised $400 million for its seventh investment fund to back Europe’s tech startups. The fund will focus on early, Series A funding for enterprise software companies, health tech, and “deep-tech” such as artificial intelligence, according to Bloomberg. Earlier Balderton funds concentrated on financial technology and other areas, but the […]
E-scooter startup Voi raises $85 million in Series B funding round
Swedish e-scooter startup Voi has raised $85 million in a Series B funding round, to expand their e-scooter and e-bike network in Europe, according to TechCrunch. First launched in 2018, the company provides services in 38 cities in ten European countries, offering e-scooter and e-bike sharing. They say they have 4 million registered users and […]
UK startup Medopad raises $25 million in Series B funding, led by Bayer
The UK-based startup Medopad has raised $25 million in a Series B funding round led by the pharmaceutical giant Bayer, to predict and track the development of chronic diseases using big data analysis, according to TechCrunch and VentureBeat. With AI analysis of vast sets of data from wearable and mobile devices, Medopad’s app tracks “biomarkers” in patients that […]
UK agtech startup WeFarm raises $13m in Series A funding round
London based startup WeFarm has raised $13 million in a Series A funding round, to build its network of smallholder farmers, agricultural suppliers, services, and informational resources, according to TechCrunch and EU-startups.com. Globally, there are more than one billion people involved in smallholder farming, making it the world’s largest industry. Together, these farmers grow roughly 70 percent […]
UK medtech startup Mogrify raises $20 million to develop innovative cell therapies
The Cambridge-based medtech startup Mogrify has raised $20 million to develop cutting-edge, life-saving cell therapies to treat cancer, autoimmune, respiratory, and musculoskeletal diseases, according to TechCrunch. After raising $4 million in seed funding earlier this year, they’ve now raised another $16 million in Series A funding, from investors including Ahren Innovation Capital, Parkwalk Advisors, 24Haymarket, and the University […]
German startup Lilium reportedly seeks over €450m in funding for air taxis
The German “flying car” startup Lilium is talking to investors in an effort to raise up to $500 million (€453 million) in a new funding round, sources told TechCrunch. Fundraising on that scale would mark the most capital yet raised by an air taxi startup, and could move the prospect closer to becoming a reality. Lilium […]
Macron announces €5 billion in funds to develop tech startups
President Emmanuel Macron announced last week that investors have pledged €5 billion to develop France’s fledgling, homegrown tech startups into larger companies. The government has already provided tax cuts and subsidies to assist startups, as well as a fast-track visa to attract foreign workers. But while Silicon Valley startups often see investment from venture capital […]
Offering a digital platform to manage rentals, UK startup Residently draws £7m in seed funding
The UK-based startup Residently has raised £7 million in seed funding, with a tech platform to simplify and modernize the rental process for tenants in London and New York, according to Tech Crunch. A press release from the company said they’ve earned backing from European venture capital firms including Felix Capital, LocalGlobe, and A/0 PropTech, as well […]