French robotics startup Exotec Solutions raises €3.3 million to become the leading creator of logistics robots

Exotec-SolutionsThe French robotics startup Exotec Solutions, which recently launched an order preparation system powered by a fleet of collaborative mobile robots, announced today that it raised €3.3 million from 360 Capital Partners, Breega Capital and several of its original investors. The fresh capital will be used for product development and commercial development. The Paris and Lille-based startup was founded in 2015.

Exotec Solutions provides e-commerce retailers with an order preparation solution Continue reading

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German FinTech startup Raisin enters the Spanish market with its exclusive savings platform

raisin-logo-espanaRaisin, one of the leading Pan-European online deposit marketplaces, has launched its Spanish-language platform www.raisin.es today for customers in Spain with a dedicated Spanish customer service team.

The Berlin-based startup was founded in 2012 and more than 50,000 customers Continue reading

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A brief overview of the Alternative Finance market in the Netherlands

NetherlandsAs we have seen in the previous posts of this series on online alternative finance, the sector in Europe is growing very well, with a growth of 92% year on year, reaching €5.4 billion in 2015. While it’s not a big surprise to see that the UK remains the largest AltFi market in the area, followed by France and Germany, it’s the Netherlands, that will be Continue reading

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Helsinki-based MultiTaction raises €7 million in growth capital for its big data visualisation solution

Multitaction-logoMultiTaction, a leading provider of advanced visualisation solutions, today announced that it has secured €7million of additional growth capital from Harbert European Growth Capital Fund (HEGCF).

In the last financial year, MultiTaction has significantly grown its business at a Compound Annual Growth Rate of 50%. Building on this momentum, MultiTaction will use the funding to further accelerate growth of its MT Canvus software platform for real-time collaboration and big data analytics.

Founded in 2007, MultiTaction Continue reading

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Period and fertility app Clue raises $20 million in a Series B funding round led by Nokia Growth Partners

Clue-App-LogoFounded in 2013, Clue has gone from an app used by a handful of people to a tool used by over five million women to understand their menstrual health.

Today, the Berlin-based startup proudly announced a Series B funding of $20 million led by Nokia Growth Partners (NGP), along with existing investors Union Square Ventures (USV), Mosaic Ventures, Brigitte Mohn and Christophe Maire, and additional new investors, Giving Wings and Fabrice Grinda. This latest funding round takes Clue’s total investments up to $30 million.

The fresh capital will be used to continue developing the Clue app, provide smarter personalized insights to the Clue users, expand the team and inform more people around the world Continue reading

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Q3 Results: Rocket Internet announces that several portfolio companies continued to reduce their losses

Oliver-Samwer-Rocket-Internet-IPORocket Internet, the Berlin-based startup factory with the mission to build the world’s largest internet platform outside the United States and China, just released the financial results for the 3rd quarter of 2016.

A selected group of Rocket Continue reading

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360° camera developer Giraffe360 raises a half million euros

Giraffe-logoLatvian startup Giraffe360, a virtual tour technology builder, has secured a half million euros investment. It is the highest publicly known seed investment any Latvian startup has received this year.

Giraffe360 is a startup that builds virtual tour technology enabling the real estate industry to elevate property viewing into a virtual reality experience. The young company has been founded in 2015 in Latvia and developed 360 degree camera and software to view place virtual Continue reading

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London-based Finimize secures seed funding for Finimize MyLife – a new finance management platform for millennials

finimize-logoFinimize is a London-based startup making finance more accessible for millennials. The FinTech company is working on Finimize MyLife – a free-to-use platform for millennials looking to get their financial life on track. Finimize has secured €576,000 in a seed funding round led by Passion Capital. Other investors in the round include Continue reading

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Zapnito raises over £440K in Angel funding to further develop and grow its knowledge sharing platform

Zapnito-logoThe London-based startup Zapnito today announced that it has secured over £440,000 of new funding from eleven individual angel investors in a large seed round.

The fresh capital will help Zapnito to accelerate further development of its core product as well as support the development of their new Continue reading

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Helsinki-based UpCloud raises €4 million for the international expansion of its cloud computing solution

UpCloudThe Helsinki-based cloud computing company UpCloud has raised €4 million in its first external round of funding. With the funds, the company aims to accelerate its international expansion. The first external round of funding for the company was led by Inventure, a leading Nordic venture capital firm.

UpCloud offers high performance cloud computing at an attractive price. The young company was recently awarded the title of the third fastest growing technology company in Finland Continue reading

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