Europe

Frontier Car Group, the Berlin-based startup building used-car marketplaces targeting high-growth, emerging markets, has picked up another significant round of funding from a strategic backer also focusing on the same geographical opportunity. Today, OLX, the online classifieds division Prosus (the digital division of Naspers that listed earlier this year in Europe) announced that it would
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Bumble, the popular and profitable dating and networking app built around the ethos of women calling the shots on how connections get made and developed, has made a deal for some independence of its own. Andrey Andreev, the founder of Badoo, the controversial London-based company that owns a series of dating apps and was the
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Medopad, the UK startup that has been working with Tencent to develop AI-based methods for building and tracking “digital” biomarkers — measurable indicators of the progression of illnesses and diseases that are picked up not with blood samples or in-doctor visits but using apps and wearables, has announced another round of funding to expand the
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Babbel, the popular Berlin-based language learning service, today announced that its founder and current co-CEO Markus Witte is stepping down from his CEO role but that he will remain the executive chairman of the company’s board. The company’s current co-CEO Arne Schepker will become Babbel’s sole CEO. In addition to these leadership changes, the company
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As the UK continues on its slow march to leave the European Union, a London-based startup that enables companies to work internationally has raised a huge round of funding from a strategic backer to expand its business. Ebury, which provides foreign exchange, money transfer and other currency services to small and medium businesses and their
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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
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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
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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
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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
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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
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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
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