Season’s greetings from EU-Startups

Christmas-New-YearMerry Christmas and a Happy New Year! ->We wish all our readers nice holidays and a good start into the new year. And please remember: Startup founders need some rest and social interactions with friends and family as well.

Between December 24 and the beginning of the next year, we’ll stop posting. We’re continuing to provide you with your daily dose of European startup news by January 5.

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Digital Magics signs EUR 1 mln financing with Gruppo Banca Sella

The partnership between the Digital Magics incubator and the Gruppo Banca Sella banking group aims towards the acceleration of innovative startups and the strengthening of the FinTech sector. Continue reading

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Munich-based Gini closes Series A financing round led by main incubator

Gini-Main-Incubator-logosGini, a Munich-based startup which created a semantic document analysis solution, just closed its Series A round led by the Commerzbank subsidiary main incubator. In this round, all existing investors including T-Venture and CHECK24 were involved.

Founded in 2011, Gini is a B2B software startup that offers semantic document analysis for mainly corporate customers. Even Continue reading

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London fintech start-up iwoca launches in Spain to meet demand for small business financing

Venture-backed fintech start-up iwoca has started offering credit to the two million small businesses in Spain, further expanding its international reach.

iwoca is transforming business lending throughout Europe by offering fast and flexible access to credit to the millions of small businesses neglected by the Continue reading

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Bookmate continues international expansion with StarHub partnership

Bookmate, the leading social ebook reading service, is available in Singapore. Boasting a comprehensive library of over 500,000 ebooks from 600 publishers, Bookmate empowers reading fans to search, discover, interact and read as much Continue reading

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nestpick, a platform for verified rental booking, starts its European expansion

nestpick-logonestpick, the online platform for verified rental booking, today launches in the UK, France, Italy and Spain. The Berlin-based startup enables the younger generation to rent or let mid-term accommodation securely, quickly and conveniently.

The startup was founded in May 2014 and is backed by Rocket Internet, the main investor since this December. Due to its successful start in the Netherlands, nestpick now aims to grow internationally and take over the Continue reading

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Northzone announces €250m final closing for its Fund VII

Today Northzone announced the closing of its latest Fund VII, reaching a hard cap of €250 million ($325 million) on the back of strong performances in previous funds. The fund was oversubscribed, and is one of the largest early-stage venture funds raised in 2014 globally. Continue reading

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Carpooling, Europe’s No. 1 ridesharing platform, debuts in U.S.

The number 1 European ridesharing platform, carpooling, announced it is launching in the U.S., making door-to-door, long-distance transportation convenient and affordable. Continue reading

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WeSustain, a sustainability management tool, secures €4 million

WeSustain-logoWeSustain, a Buxtehude-based startup with focus on Enterprise Sustainability Management, recently closed a Series B financing round of € 4 million. All existing investors (HTGF, MBG, KfW) participated in the round and VNT Management joined the German startup as new investor. The fresh capital will be used to strengthen WeSustain’s market share and its sales organization.

The EU recently issued a new legislative directive, which makes sustainability reporting (environmental/social performance) mandatory for large Continue reading

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Huddle raises $51 million Series D round to accelerate growth and bring secure external collaboration to enterprises worldwide

Huddle, the enterprise cloud collaboration service, today announced that it has secured a $51 million Series D round of funding. The capital will be used to expand Huddle’s leadership in secure external collaboration; transforming the way global teams work together by enabling enterprise and government organizations to simply and securely share, discuss and work on files in the cloud. Continue reading

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