World’s fastest growing period and fertility app Clue raises $7 million in new funding

Clue-App-LogoClue, the world’s fastest growing period and fertility tracking app, announced  it has raised $7 million in Series A funding from Union Square Ventures (New York) and Mosaic Ventures (London). Existing investors Brigitte Mohn, Atlantic Internet, Groupe Arnault and Joanne Wilson also joined the round.

Clue is a woman-led digital health startup based in Berlin. Launched in 2013, Clue claims to be the world’s fastest growing users’ periods, fertile windows and premenstrual syndrome (PMS) tracker and informs them when they are the most or least likely to get pregnant. The app is accurate, easy and fast. Clue’s mission is to empower people to be in charge of Continue reading

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Smart Thermostat company tado° raises $17.1 million financing round

tado-logo-2014tado°, a Munich-based startup which is on its way to become the European market leader in intelligent home climate control, today announced another $17.1 million financing round from leading venture capital funds. This brings their total funding to $34 million. The tado° Smart Thermostat and Smart AC Control products connect any heating and air conditioning system to the internet.

The geo-aware tado° smartphone app automatically senses when Continue reading

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Online lender Spotcap reaches credit inquiries worth € 500 million within 12 months

Spotcap-201512 months, 3 countries, 2 continents, 18 million euros in funding, 20,000 registered users and credit inquiries to 500 million euros. This is the first assessment of Rocket Internet’s newest fintech company Spotcap, a multinational online lending platform for small businesses.

Spotcap enables small business owners to grow their business by providing fast and flexible financing. The financial technology company has developed Continue reading

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Porto Challenges – collaboration at the city level

Desafios-PortoThe roaring Porto startup scene just got more exciting with the entry of a new player, none less than Porto Challenges (Desafios Porto), a City Hall promoted program. More than 300 people applied to the program launched in June by Porto Innovation Council with “challenges” in four different areas: Health & Well-being, Energy, Digital City and Mobility & Environment.

The jury representing enterprises, namely EDP (energy), EY (consulting), NOS (telecommunications), and a non-profit, CEIIA (automotive), chose 16 of the most Continue reading

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Hello Ladies – an introduction to Sprinters

SprintersMany people don’t believe I grew up playing football. My mother would say, football is not for girls. But that never deterred me. Challenging norms has been an integral part of me since a young age. Football as we know it is all about positioning – being in the right place at the right time. That’s what we’re doing at Sprinters. We break barriers. We set the blue print. We kick start a revolution. Sprinters, the three day startup for women, is coming. Save the date 31st October – 2nd November 2015. That’s right. Days before the Web Summit.

There are a growing number of startup organisations, many miss the mark on serving female entrepreneurs. Some simply do not offer the same Continue reading

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Interview with Leetchi Group founder Céline Lazorthe – How to sell a startup for millions?

Céline Lazorthe-LeetchiRecently we got brilliant news about a French fintech startup which got acquired for roughly €50 Million (according to LesEchos). Founder of the Leetchi Group – a French tintech organisation and founding company of MANGOPAY - Céline Lazorthe just sold her company to bank Crédit Mutuel Arkéa. The bank has acquired 86% of it. As part of the deal, Crédit Mutuel Arkéa will also invest €10 million into the Leetchi Group to boost growth. The remaining 14% of the business will be retained by existing management and will remain autonomous and lead business operations. In the interview below, Céline Lazorthe gives insights on the selling process and outlines the future of fintech startups.

Why did you decide to sell your company instead of further growing it as an independent fintech giant? And why did you choose Crédit Mutuel Arkéa as your acquirer?
We had actually started a new fundraising round and we had three term sheets on the table when Crédit Mutuel Arkéa came forward with its offer. Continue reading

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Warranty is something you get when buying a new product. You expect it, you get it. But where is that receipt when you really need it? When will it expire? Or has it already expired?

This is a real issue on an individual level, not to mention the corporate world. Thanks to Central European Startup Awards, I had to chance to get to know with Ivan Jovanic. He and the rest of the team of has been developing a smart solution for this Continue reading

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Pitch Competition: Prize value upgraded and deadline extended

EU-Startups-Conference-BerlinSo far we received about 35 applications for the Pitch Competition at our EU-Startups Conference 2015 which will be held on October 23 at the Rainmaking Loft Berlin.

Since some of the startups didn’t fit our criteria, and since we really want to have the best selection of startups as possible, we’ve only chosen 12 startups yet and decided to start a final call (deadline: 6th of October)! Continue reading

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Funzi launches mobile information and learning service for asylum seekers in Europe

Funzi-logo-and-appWhile the debate on refugee crisis in Europe is going on, politicians fight over refugee quotas, some people do something to help. For example, a couple from Berlin launched website to help refugees find roommates in early September. Now, Finland-based Funzi, a mobile learning and information service, launches a service for asylum seekers that delivers reliable information to their mobile phone users (yes, refugees come to Europe with smart phones).

The service is easy to use and applies to all immigrants. It is initially available in an English version with multiple language versions under development. Funzi’s service contains trustworthy information Continue reading

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 IT for Girls, Girls for IT: Interview with CzechITas co-founder Monika Malátková

CzechITas-logoI met CzechITas (Czech Girls Talk IT!) at a small workshop with a CzechITas instructor participating, in an auditorium of about 95% men, a year ago. We could hear a lot of giggling when the CzechITas instructor spoke about mobile technology. It wasn’t a bad presentation, in my view, but I am not a big fan of quotas for women. I see people around me treating women and men equally in business. But while there, I realized that there were gender Continue reading

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