German fintech companies secured 80% more funding than their UK-based counterparts in Q2 2016

Rainy-LondonBad news for the UK and Europe’s largest fintech hub London. According to CB Insights and KMPG’s The Pulse of FinTech Q2 2016 report, German fintech companies received about 80% more funding than their UK-based counterparts in Q2 2016.

The report also states that Continue reading

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Video-based healthcare startup KRY secures €6.1 million in a seed round led by Index Ventures and Creandum

KRY-logoKRY, the Swedish digital health startup that connects patients with healthcare professionals for consultations via video, just closed a €6.1 million seed funding round led by London and San Francisco-based Index Ventures and Stockholm-based Creandum. Project A, an early-stage investor and operational VC from Berlin, also took part in this seed round.

KRY is currently only available in Sweden, but will use this first investment to power its international expansion. The launch in new Continue reading

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Celebrating Digital Disruption: Join the CODE_n new.New Festival from September 20-22 in Karlsruhe (Sponsored)

New.new-Festival-logoWith the new.New Festival, CODE_n is initiating an exciting event that will provide tangible evidence of the digital transformation in trending modern-day industries. The innovation festival will be held from September 20-22 at the Center for Art and Media (ZKM) in Karlsruhe (Germany).

On 6 stages and roughly 11,000 square meter, the international event will present groundbreaking technologies and allow key Continue reading

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Fintech startup Zervant closes €4 million round to further expand with its e-invoicing solution

Zervant-logoFinnish fintech startup Zervant has just secured €4 million in additional funding. The majority of this Series A funding round was raised from two VCs – Northzone and Conor Venture Partners. The new investment brings the total amount of capital raised by Zervant to more than €8 million.

Northzone is a technology investment partnership that has invested in companies such as Spotify, iZettle and Klarna. Conor Venture Partners specialises in early stage technology investments and has been an investor in Zervant since early 2015.

Bjørn Stray, General Partner at Continue reading

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HR software: Berlin-based HeavenHR secures €6 million to accelerate growth

HeavenHR-logoHeavenHR, a provider of a free cloud-based HR management platform for small and medium sized enterprises has successfully closed its Series A financing round. Ten months after its inception at the company builder Warpspeed Ventures, the Berlin-based company raised more than €6 million from new and existing investors – making it one of the largest financing rounds within the HR software sector in Europe. Target Global and Continue reading

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Europe‘s leading curated shopping service Outfittery raises €20 million in new funding

Outfittery-founders-2016Europe’s leading curated shopping service Outfittery has raised about €20 million in new funding. The Berlin-based startup uses a combination of personal advice through stylists and technology in order to offer an individual service to every client. The fresh capital will mainly be invested in developing the product and further growth.

The backing comes from London and New York-based VC firm Octopus Ventures, which lead the round. It was joined by the Italian fashion group U-Start Club. Also existing investors – Northzone Capital, Highland Europe, Holtzbrinck Ventures and Mangrove Capital Partners – joined the round.

Rebecca Hunt of Octopus Continue reading

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Fintech startup GoHenry breaks record raising £4 million on Crowdcube equity crowdfunding platform

goHenry-Alex ZivoderThe UK-based fintech startup goHenry recently raised £3.99 million through a Crowdcube crowdfunding campaign, making it one of the world’s largest equity crowdfunding rounds till date. Equity cowdfunding is becoming a viable alternative to traditional institutions (VCs, etc.) for Series A & B financing rounds. goHenry’s target group are the millions of European families with children that receive pocket money but face a digital and cashless future. We talked to goHenry’s CEO Alex Zivoder who gave interesting insights on fintech and fundraising.

What is goHenry?

goHenry is the UK’s first digital banking solution for families which aims to make kids smarter at managing money than Continue reading

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Startup Jobs of the Week: Diggyy, AB Tasty and Holidu

eu-startups-jobboardYour boss is an idiot and you are desperately looking forward to the weekend? Quit your boring job now and join one of the most exciting startups in Europe! Week after week, we’re introducing you to great career opportunities in the startup space. For a complete overview of the best startup jobs, make sure to check out our job board. And here are the Continue reading

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Barcelona-based delivery startup Glovo raises €5 million to reinforce its leadership in southern Europe

Glovo-logo-team-2016Glovo, the marketplace that enables users to instantly buy, receive and send any product within a given city, today announced its third financing round worth €5 million.

The Spanish startup, which now operates in Barcelona, Madrid, Valencia, Paris and Milan, will use the fresh capital to strengthen its leadership within the three countries in which it is present, maintaining the pace at which it is developing its mobile technology platform and continuing to improve the Continue reading

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Amsterdam-based Bynder secures $22 million in Series A funding to put branding automation on the map

Bynder-logo-CEOBynder, the Amsterdam-based branding automation startup, just secured $22 million in Series A funding from Insight Venture Partners, a New York-based venture capital firm.

Bynder was founded in 2013 and already employes over 200 people. The young company runs offices across the Netherlands, UK, US, Spain and UAE.

This huge funding round is a milestone for the ‘branding automation’ category as marketers seek a solution to deliver brand consistency across all channels and international Continue reading

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