Europe

ProcessOut has grown quite a lot since I first covered the startup. The company now has a ton of small and big clients, from Glovo to Vente-Privée and Dashlane. The company has become an expert on payment providers and payment analytics. The core of the product remains the same. Clients sign up to get an
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Weengs, the U.K. logistics startup for e-commerce businesses that need a more convenient way of getting online orders to customers, has raised £6.5 million in Series A funding. Leading the round is venture capital firm Oxford Capital, with Weeng’s seed investors, including Local Globe, Cherry Ventures and Venture Friends, following on. Founded by Alex Christodolou
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French startup Bankin’ is raising a new $22.6 million funding round (€20 million). The company has managed to attract 2.9 million users in France and wants to become the only app you need to manage your money. Overall, Bankin’ has raised over $32 million (€28.4 million). Investors include Omnes Capital, Commerz Ventures, Génération New Tech,
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With air quality not improving any time soon (hello pollution!) respiratory conditions are on the rise. This has created an opportunity for startups to employ smartphones to monitor respiratory diseases with apps and smart devices. ResApp’s smartphone app, called ResAppDx, diagnoses a wide range of respiratory illnesses accurately by using cough sounds. Healthymize listens for
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Cytora, a U.K. startup that had developed an AI-powered solution for commercial insurance underwriting, has raised £25 million in a Series B round. Leading the investment is EQT Ventures, with participation from existing investors Cambridge Innovation Capital, Parkwalk, and a number of unnamed angel investors. A spin out of the University of Cambridge, Cytora was
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Medbelle, the London and Berlin-based startup offering what it calls an “end-to-end platform” for medical procedures, has raised $7 million in Series A funding. The round was led by Signals Venture Capital — the VC fund of major German health insurer Signal Iduna — with partipation from Talis Capital, Mutschler Ventures, IBB and Cavalry Ventures.
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When you buy cryptocurrencies on Coinbase, many users simply don’t know what to do with them. Customers in the U.K. can now get a good old plastic card and spend cryptocurrencies in-store and on any online website. This is a Visa card so it should work with any merchant on the Visa network. The company
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Madrid-based micromobility startup Movo has closed a €20 million (~$22.5M) Series A funding round to accelerate international expansion. The 2017 founded Spanish startup targets cities in its home market and in markets across LatAm, offering last mile mobility via rentable electric scooters (e-mopeds and e-scooters) plotted on an app map. It’s a subsidiary of local
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The lower house of the French parliament has voted in favor of the new tax on tech giants without any modification. Big tech companies that generate significant revenue in France will be taxed on their revenue generated in France. Economy Minister Bruno Le Maire has been lobbying other European countries so that big tech companies
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Just three months after raising $40 million in a Series B funding, German HR and recruiting platform Personio is announcing that it has acquired Rollbox, the Spanish startup that offers an API-based payroll solution. The two companies had already been working together but now Personio is bringing Rollbox’s tech and team in-house. The full terms
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The European Commission has announced the launch of a pilot project intended to test draft ethical rules for developing and applying artificial intelligence technologies to ensure they can be implemented in practice. It’s also aiming to garner feedback and encourage international consensus building for what it dubs “human-centric AI” — targeting among other talking shops
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Veratrak, a London-based startup that aims to digitise the pharmaceutical supply chain, has picked up £1 million in seed funding. Leading the round is Force Over Mass, with participation from Seedcamp, Ascension Ventures, Blockchain Valley Ventures, and Truesight Ventures. A number of individual investors have also backed the young company. They include ex-Head of Corporate
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French startup OpenClassrooms is announcing a new partnership for a masters-level online program. Students who enroll in this program will access a fully online program about artificial intelligence. Eventually, future graduates will join companies — Microsoft will likely hire some of them. If you aren’t familiar with OpenClassrooms, the company first started with basic massive
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Nauta Capital, the pan-European VC that invests in “capital-efficient” B2B software companies and consumer tech, has announced the closing of a new €55 million “sidecar” fund dedicated to backing its existing later-stage portfolio companies. The VC firm, with offices in London, Barcelona and Munich, typically invests in early-stage technology startups from late seed and at Series A.
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Projects like Google’s Waymo, Uber, Cruise and Aurora are developing autonomous vehicles by throwing engineers at the problem, basing most of their platforms on rule-based systems that try to pre-empt and deal with every edge case, whilst also peppering the cars with more sensors to capture more data. This can work in relatively controlled environments
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Security breaches, where malicious hackers obtain snippets of information that then get used to impersonate individuals in order to gain access to individuals’ and businesses’ sensitive financial and other private information, have become par for the course in the world of digital services. More than 2.7 billion records were  breached in a single incident this year
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