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Are you looking to raise a seed round? Then apply for Techcelerator’s ‘1M Investment Readiness Program’! (Sponsored)

Are you a tech startup from Romania or South-Eastern Europe, that is preparing to raise a seed round in the next 1-6 months? Then you should know about Techcelerator’s new ‘Investment Readiness Program’! Techcelerator, the most active accelerator in Romania for technology startups, has just launched its ‘1M Investment Readiness Program’, a programme designed which…

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10 great tools to start and grow your e-commerce business in 2021

E-commerce is booming, not just since the pandemic started. And as it starts to become the preferred purchasing method for many consumers, great opportunities arise for established e-commerce players, but also for startups. But make no mistake – to start a successful e-commerce business, you’ll need more than just a website. Opening an online store…

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10 costly & risky mistakes too many startups make regarding marketing & branding (Sponsored)

Have you been thinking lately “Damn! XY Startup again logged in the next investment round! Why them? Why not us?” You might be wondering why ‘those other startups’ get so much more visibility and have already logged in the next investment round, piling up success story after success story. What is their secret sauce? The…

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Why burnout is everyone’s problem

As herd animals, we are usually more creative, joyful and productive working in groups. It also comes with a downside – there’s always conflict. For that same reason, we need to realize that we hold a collective responsibility for each other’s challenges and well-being in an organization. Often leaders/managers have to show how to behave…

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Belgian AI startup Kwarts nabs €1.2 million to optimize customer journeys at scale

Belgian company Kwarts has won the trust of several investors for its AI-driven customer data platform A-Inside, which mainly focuses on companies in life sciences. The round totals €1.2 million, and had the participation of Volta Ventures, Imec.istart, BlueHealth Innovation Fund, LRM, Belfius and experienced business angels Jean-Marie Vliegen, Wouter Reggers and Wim Van Cappellen….

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UK edtech startup Perlego expands to Europe: Germany, Switzerland, Austria and France 

Perlego, one of the world’s largest online subscription services for educational books, has announced its launch in Germany, Switzerland, Austria and France, further cementing its position as one of the UK’s fastest growing edtech startups. Founded in 2017, the platform is now available to users based in DACH and France, offering access to more than…

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Danish startup Layerise lands €3 million to replace user manuals with interactive digital assistants

Danish startup Layerise has raised a further €3 million from existing investors, German VC Headline, Falcon.io founder Ulrik Bo Larsen and Danish VC Heartcore, just a few months after raising €1 million in September 2020. Nearly half of us don’t even bother to open user-manuals once we have purchased a product, and eight out of ten…

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Why post-money valuation is often over-inflated (and what to do about it)

Venture Capital is a relatively small, yet highly impactful asset class. VC-backed firms comprise 63% of US market capitalization, even though only 0.31% of all incorporated businesses receive VC financing. Europe is on a similar trajectory. Despite the economic relevance of VC and the ever-growing number of highly valued private technology firms, only primitive methods…

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German startup Masterplan.com raises €13 million to expand its B2B edtech software

Today learning platform Masterplan.com has announced raising €13 million total funding, with existing investors only participating in the round. With the additional capital, Masterplan intends to further expand the development and distribution of its proprietary software. Most recently, Masterplan launched a no-coding tool (Masterplan Creator) that allows companies to build their own learning courses, and released a new…

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10 great tools to boost the productivity of your startup team in 2021

Resource management optimization is a top priority for startups, as they’re usually super busy teams, which is a good thing when the busyness is truly productive and goal-focused. But when it’s not, lack of time, frustration, and burnout can lead to complete chaos.  A focus on productivity can help teams to identify the circumstances that…

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Portuguese startup LOQR raises €8 million to transform the banking and financial sector

LOQR, a Portuguese startup that provides digital solutions for financial institutions, has just announced a Series A investment round worth €8 million. This investment included the participation of Iberis Capital and Semapa Next, and was backed by current investors, such as EDP Ventures, BiG Start Ventures and HCapital – the last two through funds in…

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Advice from a VC: Why creating a sustainable business will put you in front

Sustainability-focused startups are getting back on the radar of many VCs. A quick look at recent CrunchBase data clearly underlines this trend, with total funding volume for sustainability-related companies showing significant growth especially in the last 18 months. And while some investors might painfully recall the capital-intensity of the (how it was then called) first…

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Vienna-based online tutoring scaleup GoStudent achieves unicorn status, with €205 million Series C investment

GoStudent, the Vienna-based edtech scaleup which provides video-based online tutoring in 1-on-1 format, has hit unicorn status, following a successful Series C funding round of €205 million. The round was led by DST Global with participation from additional new investors including SoftBank Vision Fund 2, Tencent, Dragoneer and existing investors Coatue, Left Lane Capital and…

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Business accounts for founders? ‘Reimagine’ a better future (Sponsored)

As EU-Startups is a small company, we understand the frustrations faced by founders and their teams. It’s not uncommon for founders to contact us with their common pain points asking for advice, and we often hear about shared challenges of European founders through our news and interview articles. Remagine, the financial launchpad for startups, has…

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Oslo-based Memory raises €11.6 million to scale its time-tracking tool & launch ‘deep work’ tool

Norwegian AI startup Memory, which builds software to help businesses make dramatically better use of their time, today announced an investment of around €11.6 million led by Melesio and Sanden, with participation from existing investors Investinor, Concentric and SNÖ Ventures. Founded by Norwegian entrepreneur Mathias Mikkelsen, Memory pursues an ambitious vision of an AI-enabled future,…

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12 Software-as-a-Service products to boost the sales results of your startup

Sales, sales, sales! Without them, it is pretty much impossible for any company to survive, grow, or attract funding. Especially for startups, customer acquisition is of high priority, and successful sales teams consistently optimise their sales strategy, as well as their contact and lead management. In the digital era and startup universe, most sales are…

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10 Black founders of European startups to watch in 2021 & beyond

Diversity is a complex topic. It is not just about gender but also about age, sexual orientation, nationality, socioeconomic backgrounds, neurodiversity, and ethnicity. The Black Lives Matter and the recent Stop Asian Hate movements have shone a light on the systemic racism and exclusion of Black, Asian, Latin and people of colour (POC) in general…

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Munich-based Wellster raises €35 million to expand its telemedicine solutions

Wellster, a leading provider of telemedicine platform solutions in the EU, announced today that it closed a €35 million funding round. The round is led by Dermapharm with support from existing investors HV Capital, which previously invested in Zalando, FlixBus and Delivery Hero, and SevenVentures. The fresh funds will be used to expand its offering…

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