lays off 100 employees and initiates a set of other measures to increase profitability

windeln-de-managementThe Management Board of AG has just passed a comprehensive set of measures to focus its business activities more closely on the customer, improve its operating processes, and cut costs. Hereby Europe’s leading online retailer for baby and toddler products intends to advance its transition from a pure growth-driven business to a sustainably profitable e-commerce champion.

One of the first steps seems to be a reduction of the company’s workforce by 100 employes. The reason for the layoffs is the flash sale business which ran under the brand Nakiki. This business Continue reading

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For Sale: SoundCloud owners are looking to sell the company for $1 billion

Soundcloud-foundersSome of the investors/owners of the Berlin-based music streaming heavyweight SoundCloud are considering to sell the company at a valuation of $1 billion. This has been reported by Bloomberg, but also confirmed by one of our sources who is familiar with the situation at SoundCloud.

About 4 months ago, SoundCloud launched its premium offering ($10 per month) to monetize its large user base. SoundClound Continue reading

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Sleepio creator Big Health raises $12M to help millions with digital medicine

Spleepio-logo-2016Digital health company Big Health today announced a new funding round of $12 million led by Octopus Ventures with Kaiser Permanente Ventures, returning investor Index Ventures, as well as Sean Duffy (CEO, Omada Health) and JamJar Investments. They join existing investors Esther Dyson and Peter Read. We first introduced you to Big Health in 2014, when they raised $3.3 million. Continue reading

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App commerce platform Poq closes Series A funding round with € 3.6 million and two big new clients

POQ-Commerce-logoLondon-based app commerce startupP oq has secured € 3.6 million in a Series A funding round, led by venture and growth investor Beringea and additional funding from existing investors. Seed investors include Seedcamp and Venrex.

This funding will be used to triple Poq’s development team, kick-start its international expansion outside of Europe and empower retailers to bring online Continue reading

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Dedrone & Airbus are joining forces to protect the airspace against dangerous drones

Dedrone-logo-2016Airbus DS Electronics and Border Security (EBS) and Dedrone have concluded a cooperation agreement to combine their skills to protect lower airspace from small drones. The partners intend jointly to offer drones defense systems that can reliably detect and defend against the unauthorized entry of drones in critical airspaces.

Dedrone was founded in 2014 in Kassel (Germany) and moved its headquarters to San Francisco in the beginning of Continue reading

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Award winning audio technology startup Sonarworks secures €700K in third investment round

Sonarworks-logoThe Latvian audio technology startup Sonarworks has secured € 700,000 in the third investment round. In total, the young company was able to attract € 1,5 million in venture capital. In 2016 Sonarworks software won the title of the Best Audio Product from the prestigous British magazine Sound On Sound. Sonarworks headphone calibration also won the Innovation Award from the popular professional audio magazine Continue reading

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Crowdfunding platform Seedrs accelerates European expansion and opens a new office in Amsterdam

Seedrs-AmsterdamSeedrs, Europe’s No. 1 equity crowdfunding platform, has announced its expansion to the Belgium, Netherlands and Luxembourg region (Benelux) as well as the opening of a new office in Amsterdam. This marks the beginning of on-the-ground expansion in Europe, and Seedrs intends to open further offices in the near future.

The new office is going to be responsible for building relationships in the Benelux startup and early-stage Continue reading

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Mobile-first banking service Tide launches alpha version and secures $2M in funding from LocalGlobe and Passion Capital

Tide-logoTide, the free mobile-first small business banking service that establishes a business account in 3 minutes or less and charges no set-up, monthly or annual fees, has today launched its alpha version and revealed it has raised a $2 million seed round with investment from LocalGlobe, Passion Capital and some high profile business angels. Tide was founded in 2015 and Continue reading

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Overview of the best coworking spaces in Barcelona

Barcelona-coworkingA coworking space is often the next step for solopreneurs or small startups that grew out of their home offices. Flexible as well as affordable terms make it possible to rent an office desk for one day, one months or more. As one of Europe’s biggest startup hubs, Barcelona offers a large variety of flexible office spaces (100+). To ease your decision and to provide you with a short overview, we’ve compiled Continue reading

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Callback widget creator CallPage secures €500K in funding from the Polish VC fund BValue, a Cracow-based startup which we listed as a Polish startup to look out for in 2016, has recently secured a €500K investment by the new and also Poland-based VC fund BValue.

CallPage was founded in 2015 and offers a system that converts online visitors into inbound sales calls. Currently, the system is used by by Orange, VW, PWC, BDO and about 1,000 other Continue reading

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