Online furniture startup Swoon Editions secures £4 million

Swoon-Editions-logoSwoon Editions, a London-based ‘new design every day’ online furniture startup, today announced a £4 million Series A funding round to expand its business in the UK.

Octopus Investments led the round with additional investment from Index Ventures. The transaction is a follow-on from a seed round of £1.2 million in 2013.

The fresh capital will be used to grow Swoon Editions’ community of ‘insiders’ (interior-savvy people signed up to their email list) as well as increasing the number of designs launched each week. The team has grown from three to 36 in the past 12 months and an additional Continue reading

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Awesome Slideshare presentations about the startup scene in Lisbon and Porto

Startuptour, the 1st travel agency for founders and startup community leaders, recently created two presentations about the startup scene in Lisbon and Porto. The slides give you a great overview of what is happening in the startup ecosystems of these two Portuguese cities.

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IPO around the corner? Zalando reports operating profit in Q2

Zalando-logoThe European e-commerce giant Zalando continued to grow strongly in the second quarter of 2014. Today the company announced that it reached group revenues of € 1,020-1,060 million in the first half-year 2014 (first half-year 2013: € 809 million). The favorable trend towards break-even observed in Q1 2014 accelerated, leading to a profitable Q2 at group level and a first half-year group EBIT margin around break-even (compared to -9% in first half-year 2013). The significant margin improvement was driven by all major cost line items, Continue reading

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Fast growing ad tech company SponsorPay rebrands as Fyber

Sponsorpay-Fyber-rebrandThe mobile supply-side platform SponsorPay today announced that it has rebranded to Fyber.

Headquartered in Berlin, Fyber enables publishers like GREE International, Glu Mobile, Cie Games and more, to integrate, manage and optimize all ad revenues sources through a single, unified platform. Since its inception in 2009, the company has grown globally to over 180 employees and plans to add 70 more by the end Continue reading

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tado°, the European leader in intelligent climate control, raises further €10 million

tado-logo-2014The smart thermostat startup tado° has closed a new round of financing, raising €10 million from current backers Target Partners, Shortcut Ventures, and other investors.

tado°, which is based in Munich, is the European market leader in intelligent climate control for consumers. The promising startup is also a competitor to the Google-owned hardware company Nest. The tado° products enable households to save significantly on energy costs while also reaching a higher level of comfort. Heating or AC systems with tado° automatically adjust Continue reading

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Customer recommendation engine Nosto secures $ 5.5M

Nosto-smallNosto, the Helsinki-based startup pioneering in e-commerce personalization, has secured $5.5 million in a Series A round of financing led by Wellington Partners with participation from existing investors Open Ocean Capital, SanomaVentures and Tekes. This new round of funding allows Nosto to continue its strategy of global expansion.

Founded in 2011, Nosto was the first company to launch a self-service marketing automation solution for the global e-commerce industry. Since launching in Continue reading

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Jobs of the week: Seedcamp, Kreditech, articheck

Become part of the success stories of some of Europe’s hottest startups out there. Each week, we’re introducing you to great career oportunities in the startup space. For a complete overview, make sure to check out our job board. And here are the jobs of the last two weeks:

seedcamp-logoSeedcamp is an organization to jumpstart the entrepreneurial community in Europe by putting the next generation of developers and entrepreneurs in front of a network of company builders. Seedcamp acts as a micro seed fund to invest in startup companies – all throughout the year, during Mini Seedcamp events that are held all over Europe. During its flagship event Seedcamp Week, Continue reading

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internetstores reports revenues of €1 million on a single day

internetstores-logoThe bike and outdoor online shops of the ecommerce company internetstores exceeded 1 million Euro net revenue per day on Monday the 30th of June – for the first time in its 11-year history. The Esslingen (Germany) based company stated, that it became clear in the recent weeks that this would eventually happen, but the company missed the seven-figure sum by a small margin on a number of occassions Continue reading

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Traity raises $4.7m to become the standard for online reputation

Traity-logoTraity, the Madrid-based creator of a new reputation standard that enables individuals to own their own online reputation, has announced a $4.7M Series A investment. The funding round has been led by ACTIVE Venture Partners.

Founded in 2012, Traity’s purpose is to empower people across the world by enabling them to trust one another in a safe and transparent environment as part of the growing collaboration economy, reducing Continue reading

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Rocket Internet becomes an AG (public company) and appoints Oliver Samwer as its CEO

Rocket-Internet-Oliver-SamwerRocket Internet, the controversial company builder out of Berlin, just switched its legal form from GmbH (comparable to Ltd.) to an AG (public company) and appointed Oliver Samwer as its CEO. This suggests, that Oliver Samwer is going to play an even more operational and more active role in Rocket Internet’s Future.

Rocket Internet has technical exited Zalando back in 2013, where it transferred its shares to Continue reading

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