-
Cityscoot raises $50 million for its European electric scooter service
French startup Cityscoot announced a $50 million round of financing yesterday (€40 million). RATP Capital Innovation and Inventure Partners are leading the round, with existing investors Caisse des Dépôts and LeasePlan also participating. Cityscoot operates an electric scooter-sharing service in Paris and plans to expand to other cities in France and Europe. You can now find around… Read More
-
Android smartphone maker Wileyfox confirms it has entered into administration in the UK
It’s been more than a year since the well-funded startup Cyanogen announced that it would shut down its mobile OS development, and since pivoted to self-driving technology. Yet we’re still seeing some fallout among the companies that had pinned their hopes on the original plans of that shooting star. Wileyfox, a smartphone maker that was one of the earliest companies to build… Read More
-
UK outs plan to bolster gig economy workers rights
The UK government has announced a package of labor market reforms to respond to changes in working patterns including those driven by the rise of gig economy platforms and apps like Uber and Deliveroo. Read More
-
Day One Ventures launches fund which wraps VC and PR into one
There is a clutch of new VC funds launched in the US every year, and but when you look at the stats around new funds started by women they are pretty dismal. A cursory glance at the figures from last year reveals that out of 153 funds founded in the US last year, only four were founded by women, and only two have gone on to raise money. Furthermore, women account for only seven percent of… Read More
-
ProcessOut chooses the best online payment service for each transaction
Meet ProcessOut, a French startup that automatically routes transactions to the best payment provider. This way, big online services can start using multiple payment providers, pay fewer fees and reduce the number of declined transactions. The startup has just raised $1 million from various business angels, such as BlaBlaCar CTO Francis Nappez, former PayPal Director of Global Business… Read More
-
Apple’s Shazam takeover triggers competition review in Europe
The European Commission has announced a review of Apple’s acquisition of music discovery service Shazam — agreeing to a request made by several countries to weigh competition concerns. Read More
-
At last an end to geoblocking in Europe? Nope, not by a long chalk…
Hold your horses. Geoblocks for stuff like Netflix and Spotify are still not being vanquished in this round of EU Digital Single Market regulation chess… Read More
-
Badi bags $10M to build out its room rentals platform in Europe
Barcelona-based Badi launched a marketplace for urban room rentals in September 2015 with the goal of making it easier to find flatmates. The startup has now closed a $10M Series A investment, led by Spark Capital, with the aim of ramping up its presence across Europe. Read More
-
Amazon settles tax optimization dispute with French authorities
Amazon has signed an undisclosed deal with the French tax authorities, Amazon told the AFP. From 2006 to 2010, Amazon operated in France using its subsidiary in Luxembourg. This way, the company could pay less taxes. But French authorities think French sales should be taxed in France. That’s why they were asking for $252 million in unpaid taxes (€203 million). Both Amazon and the… Read More
-
Zebra Fuel raises $2.5M to deliver fuel direct to your vehicle
Zebra Fuel, a London-based startup that wants to eliminate the inner city gas station by delivering fuel directly to your vehicle, has raised $2.5 million in seed funding. The round is led by Robin and Saul Klein’s LocalGlobe, with participation from Brent Hoberman’s Firstminute Capital, and Alex Chesterman, the Zoopla founder and one of the U.K.’s most active angel investors. Read More
-
Balderton Capital leads $25M Series A in ‘urban farming’ platform Infarm
Infarm, a startup that has developed vertical farming tech for grocery stores, restaurants and local distribution centres to bring fresh and artisan produce much closer to the consumer, has raised $25 million in Series A funding. Read More
-
Digital minister’s app lands on data watchdog’s radar after privacy cock-up
The Matt Hancock app, which launched this week and quickly ran into a storm of criticism for displaying an unfortunately lax attitude to privacy, has caught the attention of the UK’s data watchdog. Awkward. Read More
-
Wildmoka grabs $8 million to help you clip live video in real time
Meet Wildmoka, a French startup that wants to streamline video editing during live events. Wildmoka is particularly useful for broadcasting companies that want to share highlights of live TV programs on social networks. The company just raised an $8 million Series A round led by Alven Capital, with existing investor Apicap also participating. Clients tend to use Wildmoka for all sorts of… Read More
-
German antitrust office starts asking questions about online ad platform giants
Germany’s national competition regulator has announced it’s looking into market conditions in the online advertising sector, responding to concerns that a lack of transparency could be skewing market conditions. Read More
-
MOVE Guides acquires Polaris Global Mobility to expand services for expats and relocation
Relocation, relocation, relocation, as the saying (sort of) goes. On the heels of raising $48 million last year to tap into the growing needs of businesses to handle global workforces (a huge if sometimes controversial area of the job market), MOVE Guides today announced an acquisition to expand its footprint in the market and the services it offers to customers. The startup is buying up… Read More
-
Uberall scores $25M Series B for its location marketing platform
Uberall, the Berlin-headquartered startup that has developed a cloud-based platform to let small and large businesses get listed and market themselves across multiple location-based services, has picked up $25 million in Series B funding. Read More
Message Us