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Riga-based audio technology innovator Sonarworks raises over €5 million to scale its SoundID licensing business

Sonarworks, the Latvian company behind precision audio software used by Grammy-Award-winning producers, announced today that it has closed a €5 million funding round. The round was led by Almaz Capital with participation from Karma Ventures, Trind Ventures, Proks Capital, Smart Growth VC, Wiser Financial Advisors, and angel investors Cesar Lamschtein and Victor Yun. The fresh…

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EIT Digital Challenge 2021: The 20 outstanding Deep Tech Scaleups which made it into the finals

The 20 finalists of this year’s EIT Digital Challenge have just been announced, and they cover a wide variety of topics within the EIT Digital focus areas (Digital Tech, Digital Wellbeing, Digital Cities, Digital Industry, Digital Finance). One thing all have in common is the goal to grow fast and contribute to build a strong…

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These are the biggest mistakes startups make before reaching an MVP

The process of building a startup could be described as a journey towards a specific destination. On your journey, you will meet many crossroads where you will have to decide which way to go. These decisions may be crucial in finding your target location; in fact these decisions could be the difference between a successful…

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Swedish fintech startup Limina secures €2.54 million to further expand with its cloud-native Investment Management Solution

Limina, a Stockholm-based startup providing the world’s first and only customizable cloud-native Investment Management Solution (IMS) for mid-sized asset managers, today announces the completion of a €2.54 million Series A funding round. The investment was led by Nordic venture capital firm Industrifonden. Existing investors, including STOAF SciTech, Vidici Ventures, Almi Invest and Justin Wheatley, the…

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Calling all marine startups: Join Blue Bio Value Acceleration to scale your business, and win €45K! (Sponsored)

Applications are now open for Blue Bio Value Acceleration’s 4th Edition! This programme reinforces the commitment to scale up marine bio-based startups, fostering science-based and blue biotech innovations to design a better world. Since its launch, in 2018, Blue Bio Value has accelerated a total of 42 startups from 15 different countries, raising over €7…

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What is Moonshot thinking, and how can I use it in my startup?

When asked about the ingredients of success for a startup, people often stress that the team matters more than the actual idea. Behind this assumption lies an agile mindset which sets the course: If an idea fails, a powerful team will come up with another one and thus get closer and closer to success over…

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London-based Untitled Ventures raised €100 million for its second fund to invest in ambitious deep tech startups from Eastern Europe

London-based Untitled Ventures today announced it has raised €100 million for its second fund. It will invest in deep-tech startups founded by globally-minded Eastern European entrepreneurs who are looking to relocate their business and accelerate their growth in Western Europe or the USA. Konstantin Siniushin, Managing Partner at Untitled Ventures, stated: “Deep tech startups contribute…

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British traveltech startup Wildpoint, a marketplace for campers, lands €310K pre-seed funding

Today Wildpoint, a marketplace that allows campers to find and book outdoor stays at campsites, caravans, tipis, and cabins, announces a new round of pre-seed funding of around €310K (£265K). Founded in 2020, Wildpoint enables lovers of the outdoors to search, browse and book outdoor stays effortlessly, saving users hours of planning time. The online…

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London-based insuretech startup Collective Benefits raises €7 million to protect independent workers

Collective Benefits, the insurtech solving the protection gap for independent workers, announced today they have raised a new round led by NFX, a leading Silicon Valley venture fund. Alongside this investment, renowned British entrepreneur Pete Flint OBE, a General Partner at NFX who was on the founding teams at companies like lastminute.com and Trulia, will be…

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Ireland-based Junk Kouture secures €848K to expand its youth sustainability fashion event to 13 cities

Junk Kouture, the integrated media and entertainment company combining fashion with sustainability, today announces around €848K ($1 million) in seed funding to accelerate the international roll-out of Junk Kouture into five new markets: New York, London, Paris, Milan & Abu Dhabi. Junk Kouture has developed into one of the largest youth sustainability events in the…

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Why founders are not just building businesses, but building our collective future

It all started with a piece of cheese produced by a local shepherd. Laboratory analyses confirmed that the levels of dioxin in the cheese were so high that, if it had been grated onto the ground, the area would have been needed to be cleared. A few years and thousands of deaths later, the court…

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London-based Climate X raises €1.3 million to help the world tackle a multi trillion-dollar climate risk problem

Climate X, a London-based purpose-driven startup, has completed its pre-seed raise of €1.3 million – ushering in a new era of climate intelligence that will help businesses, governments and individuals around the world build a stronger, climate-resilient future. Pale Blue Dot, one of Europe’s premier climate-focused Venture Capital firms, led the oversubscribed round. Other investors…

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10 great accounting tools for startups

Proper accounting is super important for the survival of every company, and investing in the right software and tools early on can be a game-changer for startups. Accounting software helps businesses create invoices, record incoming and outgoing payments, identify and follow up on past-due receivables, and run reports to analyze the financial health of your…

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Madrid-based freight transport startup Trucksters closes €6.3 million to accelerate the European expansion

Trucksters, the Spanish relay-based freight transport operator, has just closed a Series A financing round of €6.3 million led by Kibo Ventures, one of Spain’s leading VC firms. Other investors in this round include the German venture capital firm Amplifier, as well as Bonsai Partners, a reputed VC fund from Spain. Moreover, Sacha Michaud, co-founder…

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Berlin-based SimplyDelivery raises €10 million in Series A funding to expand its operating system for restaurants

SimplyDelivery, the Berlin-based startup which provides cloud software for around 3,000 restaurant chains, ghost kitchens or individual businesses, has closed a €10 million Series A funding round led by Cusp Capital and joined by Fortino Capital. Founded in 2014, SimplyDelivery is operating in German-speaking countries and the Netherlands, mapping all processes from order entry to…

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3 reasons why edtech is booming right now

There is a lot of talk about the COVID-19 pandemic as a shift in socio-economic structures, but we at Learnlife see that the pandemic has also been a catalyst for change; accelerating the build of things that were already underway, and exposing the rusting structures of the things that were on their way out. But…

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“It is in our nature to be pioneers. We are not wired to wait around for a return to normality”: Interview with BOOM’s CEO Federico Mattia Dolci

Founded in 2018, the Milan-based startup Boom set out to transform the world of visual content management through technology. Realising that businesses need a large quantity of visual content, BOOM has effectively created the world’s first ‘Visual Production Platform’. This allows businesses all over the world to get visual content such a photos and videos…

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Klarna acquires UK-based HERO to bring best of in-store experience to social shopping for its 90 million consumers

Klarna, a leading global retail bank, payments and shopping service, recently announced the acquisition of HERO, a social shopping platform designed to provide consumers with inspiration, advice and immediately shoppable content produced directly from retailers’ physical stores. The financial terms of the acquisition deal have not been announced. Klarna, which is headquartered in Stockholm, will…

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