All posts in startups
Renting Finders gets off with €700k to enhance its European growth
Renting Finders, a Madrid-based startup, has zoomed off with €700k in a new funding round. It designed a digital platform for car renting by making it more cost-effective and easier for users. The company, which houses the Iberian car rental marketplace, permits many people to hire vehicles. Car renting is becoming popular because of its […]
Earlybird acquires new €350M fund for western European startup
The year is no doubt a progressive one for the European startup ecosystem. The industry has continued to grow exponentially ever since its inception on the continent. Supported by funds to bolster the activities and affairs of these startups; the funds help early businesses thrive in a healthy space amidst big names. EarlyBird startup has […]
PocketLaw Secures €14M Deal with Atomico
PocketLaw, a legal Software-as-a-Service startup that focuses on SMEs, has signed a jurisdiction deal with Atomico for a Europe expansion. The €14M deal has bolstered the startup’s annual revenue. The deal also involves Ben Blume, a partner at Atomico joining the board as a part of the enterprise. PocketLaw makes it the 4th investment Atomico […]
French startup ManoMano raises €125 million for its DIY home improvement platform
The French startup ManoMano has raised €125 million in a Series E funding round, to further develop its online marketplace for home improvement and gardening products, according to EU-startups.com. Founded in 2013, the company has now raised a total of €310 million. Last year was a banner year for ManoMano. The company grew 50 percent in […]
New funding round from Ophelia Brown’s Blossom Capital draws $185m for Europe’s startups
The UK’s Blossom Capital has announced its second funding round, totaling $185 million, for early-stage funding of Europe’s tech startups, according to EU-startups.com. Co-founded by Ophelia Brown, formerly of Index Ventures and LocalGlobe VC, Blosson Capital is aiming to become the lead investor for Series A and seed funding rounds in Europe’s startup scene, with a […]
Antler raises another $50m to help launch startups, with backing from Facebook co-founder
The ‘startup generator’ Antler has raised another $50 million to support fledgling startups, with investment from Facebook co-founder Eduardo Saverin, according to TechCrunch. With locations in London, Amsterdam, Stockholm, New York, Sydney, Nairobi, and Singapore, Antler offers a company building program for selected applicants, focused on early-stage funding. They assist entrepreneurs in the first steps of establishing their […]
Privacy startup OneTrust reaches $1.3 billion valuation, offering tools for GDPR compliance
A privacy startup that helps companies navigate the complexities of the EU’s General Data Protection Regulation (GDPR) reached a $1.3 billion (€1.16 billion) valuation in its first round of funding, an achievement rivaled by few other tech startups, according to Forbes. It’s rare to reach $1 billion in a first round of funding, but after raising $200 […]
Foodtech: From Vegan Burgers to Eating Insects
Innovation within the food industry is at an all-time high, fueled by the pressure to find more eco-friendly agricultural practices and the growing popularity of plant-based diets. Companies such as Beyond Meat, Phytophonics and Chirps are supplying services and products with to an ever-growing market of climate and health-conscious consumers, thus changing the traditional landscape of the food […]
Is Raising Funds More Important than Profitability?
Raising funds, getting new valuations, and Series B financing are an inescapable fact of life any startup. We celebrate those companies that are able to pull in eye-popping investments, as with digital bank Monzo – which got valued at £1 billion last year and is looking at raising more funds in order to expand their […]
VC industry in Italy: Among the bleak reality of numbers and a pinch of optimism
By Philippe de Marsac The last State of European Tech Report ( by Atomico) offers an unrelenting warning on Italy. Despite its $1.85T GDP, the country has not yet been able to generate a venture ecosystem compared to its true potential. It has invested only $3/capita (vs. $123 in Sweden and $45/capita in France). […]