Known for its breathtaking landscapes, Malta is more than just an archipelago in the middle of the Mediterranean Sea. As one of the world’s smallest and most densely populated countries, it’s a location of choice for many tech entrepreneurs, making it a small but growing startup hub. So far, the Maltese startup ecosystem has been…
“We can already see that 2021 will be a record year in Lithuania for attracted investments”: Interview with the Head of Startup Lithuania, Roberta Rudokienė
There’s no doubt that Lithuania is rapidly becoming a tech and startup hub to watch within the Baltics, and indeed Europe in general. With an abundance of tech talent, internationally-facing events, a strong suit of hallmark sectors such as fintech, cybersecurity & edtech, and favourable conditions for founders, it’s no surprise that Lithuania made it…
London-based OLIO nabs €36.2 million to take a bite out of food waste
OLIO, the community sustainability app, has announced an approx. €36.2 million Series B round to fund its fight against the approx. €1 trillion of food waste created globally each year. Founded in 2015 by Tessa Clarke and Saasha Celestial-One, OLIO has amassed a user base of five million people. The app is used to give…
Romanian startup Vatis Tech raises €200K for its AI-powered online speech recognition platform
Bucharest-based startup Vatis Tech has announced closing a round of over €200K for its AI-powered online speech recognition platform. The funding is provided by Early Game Ventures, Sparking Capital and Mălin Ștefănescu, President of TechAngels. Founded in 2020, Vatis Tech aims to provide the most accurate and easy-to-use speech recognition API ever, for multiple fields,…
What to do when you hit bumps in the road
When you’re riding a high in business, whether that’s winning a new tender in our case, launching new products, raising funding or taking market share, it can be easy for someone on the outside looking in to assume it’s been plain sailing. Yet anyone who has ever founded or worked at a startup will know…
Weekly VC Overview: All European startup funding rounds we tracked this week (August 30-September 3)
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10 promising Amsterdam-based startups to keep an eye on 2021 and beyond
Today we’re exploring the city of canals, coffee shops, bikes, and stroopwafels. Amsterdam is an outstanding European attraction, but most importantly for us, it is a hotspot for fast-growing startups, also home to The Next Web Conference, one of Europe’s biggest tech events. With international tech talent, high quality of life, and a large number…
Paris-based fintech startup Mooncard raises €20 million to automate employee expenses and expense accounts
Today French fintech startup Mooncard has announced landing €20 million in fresh funding. It plans to accelerate its large-scale development in several European countries, alongside developing its national footprint, enriching its services, and the hiring of 100 new team members by 2022. Fintech founded in March 2016 and led by Tristan Leteurtre (CEO, ex-VLC, Anevia),…
‘Purpose banking’ for startups: How to incorporate your values into your finances?
During the past few decades, there has been a conflciting debate on the responsibilities of businesses, and our roles in society. A large focus has been placed on the role of banks, whose power is derived from the vast concentration of capital they oversee. The stereotype of banking has been seared into our minds by…
Time machine? Almost! 5 innovations from European startups that will surprise you
The breakout of numerous scientific and technological innovations in recent years have advanced the lives we lead so rapidly, that oftentimes people are caught unaware and surprised by certain technologies they have never dreamt of. A great number of these new innovations are developed by startup companies. And, although Europe is often overshadowed by Silicon…
Why European startups should go multilingual as soon as possible (Sponsored)
Whilst the last year and a half has undoubtedly put a strain on business development within Europe (much like the rest of the world), the EU is expected to recover to its pre-pandemic level in 2022, with a better growth projection than the US. The diverse region of Europe offers a melting pot of cultures…
German startup arive raises €6 million to deliver high-end products on-demand
arive, a Germany-based company that delivers high-end consumer brands to the customer’s door within 30 minutes, has raised €6 million in seed funding from 468 Capital, La Famiglia VC and Balderton Capital to transform consumer shopping habits. By bringing together a curated selection of well-known brands and last-mile delivery logistics with an innovative tech stack,…
10 early-stage Madrid-based startups catching our attention in 2021
At the beginning of the year, we hunted down 10 skyrocketing Spanish startups to watch in 2021 and beyond, and today we’re taking a closer look at Madrid. Known for its legendary nightlife and its thriving art culture, the Spanish capital is also a buzzing startup hotspot, with success stories like Cabify, Spotahome and many…
Sweden-based Stockeld Dreamery nabs €16.5 million to further its cheese-making ambitions
Stockeld Dreamery, an ambitious cheese-making startup, has just announced raising €16.5 million Series A funding. The fresh funds will be used to grow the startups’ product portfolio, expand the team, and move into new markets. This funding round brings the total raised by the startup to around €20 million. Stockeld Dreamery was founded in 2019…
Stockholm-based Stravito raises €12.4 million to help companies better understand customer behaviour
Stravito, the Stockholm-based knowledge management solution democratizing access to market research and insights, today announced a €12.4 million Series A funding round. Endeit Capital led the round with additional investment from existing investors HenQ, Inventure and Creades. To date, Stravito has raised €20.1 million. “It has never been more important for the world’s largest enterprises…
Zurich-based Oviva raises €67.5 million Series C funding for its personalised, app-based diet and lifestyle coaching
Oviva, a digital health scaleup which provides diet and lifestyle coaching to people who deal with diet-related health challenges, has announced raising around €67.5 million in Series C funding to reach millions of people across Europe. The round was co-led by Sofina and Temasek, alongside existing investors AlbionVC, Earlybird, Eight Roads Ventures, F-Prime Capital, MTIP,…
5 sales mistakes to avoid as an early-stage B2B startup
Many founders dedicate themselves to product development in the early stages of building a B2B startup, and may find it harder to gain sales traction. Sales of course mean revenue and most importantly cash-flow, but they also signify that your product or service is on the right track and are a necessary signal for a…
Berlin-based CoachHub snaps up €67.7 million to democratize coaching
CoachHub, a digital coaching platform, has raised around €67.7 million in Series B2 funding, increasing its total Series B capital to around €93.1 million. Draper Esprit, RTP Global, HV Capital, Signals Venture Capital, Partech, and Speedinvest were all part of this latest round, bringing the total funds raised to around €110 million since 2019. Founded…