Gen Z and Gen Alpha are spending more time online than ever before, but at what cost to their mental health? Research shows that heavily curated social media pages are creating a toxic environment that are driving feelings of inadequacy. In response to this trend, French startup Yubo has created an online social space for Gen Z…
Endeit Capital to invest €250 million in European tech scale-ups
Dutch-German growth capital firm Endeit Capital, one of Europe’s leading tech scale-up investors, will in the coming years invest €250 million in Europe’s ‘digital sovereignty’. The firm has raised this amount within a record time for its third and largest investment fund Endeit Capital III, which was successfully closed today. With the fund, Endeit aims to…
Rennes-based UNSEENLABS snaps up €20 million for its satellite geolocation tech
Rennes-based company UNSEENLABS, a European leader in satellite radio frequency (RF) geolocation of ships at sea, has just completed a €20 million fundraising round. This is one of the largest funding rounds in Europe’s New Space sector. This round brings together new investors such as 360 Capital, Omnes and Blue Oceans Partners, alongside traditional partners…
Stockholm-based healthtech startup Kry secures €262 million to accelerate European expansion
Digital healthcare company Kry, operating as Livi in the UK and France, today announced a funding round of €262 million to fuel its European expansion plans. The Series D funding round was led by CPP Investments (CPPIB) and Fidelity Management & Research LLC with participation from existing investors, including the Ontario Teachers’ Pension Plan (Ontario…
5 things that made the early days of the internet more exciting
The internet is now an integral part of our life. As startup enthusiasts, the internet is the engine for our industry. It’s easy to forget that there was a time when the internet was raw and new. The possibilities of the internet were still being crafted. In those days, the early uses of the internet…
British e-commerce startup aisle 3 lands around €290K to become ‘the Wikipedia of product search’
E-commerce startup aisle 3 has completed a successful follow on funding round, raising around €290K via Angel Investment Network, the world’s largest online angel investment network. Aiming to become ‘the Wikipedia of product search’ the business secured the funds in just six weeks with the company’s valuation more than doubling in the past five months. Experienced angel investors…
Brussels-based insurtech startup Qover raises €20.7 million to accelerate momentum globally
Insurtech startup Qover, which has built an API-first global insurance solution, has raised around 20.7 with Prime Ventures as lead investor, backed by Cathay Innovation. Existing investors Anthemis and Alven have also participated in the funding round. This new investment brings the company’s total investment to over €35.6 million. The Series B financing follows a…
Moritz Kreppel, co-founder and CEO of Urban Sports Club, will speak at the EU-Startups Summit!
As you might have heard by now, we’re hosting the 7th edition of the EU-Startups Summit on the 28th-30th of April. This 3-day online event will give you the chance to (virtually) connect and network with over 1,500 participants, learn from many expert speakers, listen to educational talks with internationally successful founders, and be amazed…
Romanian martech startup ProductLead lands €600K to expand across Europe
Romanian startup ProductLead, an innovative integrated digital platform for marketing content creation, has received €600K funding for further development and expansion across European markets. The financing was coordinated by Sparking Capital, as Lead Investor, in partnership with Eleven Ventures (Bulgaria) and Founders Bridge (Sweden) investment funds. Founded in 2017, ProductLead’s mission is to democratize access…
There’s still time to apply to the EIT Digital Challenge! Here previous winners share their experience
Have you heard of the EIT Digital Challenge yet? High-growth European deeptech scaleups can win prizes totalling €250K in cash and in kind, as well as tailor-made growth support from experts in 10 European countries, international visibility and access to the EIT Digital network. Applications are still open, with the deadline to apply being on…
British startup So Syncd nabs €827K to grow personality-type dating app globally
So Syncd, a dating app that matches compatible personality types, has raised a seed round of around €827K to grow its user base in the US. The round is led by Upscalers investment club, with participation from KM Capital, a US VC firm and a number of angel investors. Created by entrepreneurial siblings Jessica Alderson…
Luxembourg-based OKO raises around €1 million to bring innovative insurance to smallholder farmers across Africa
OKO, an insurtech startup that provides inclusive agricultural insurance to secure farmers’ income across Africa, has closed a seed investment of around €1 million. The round was led by Newfund and ResiliAnce. Mercy Corps Venture, Techstars, ImpactAssets and RaSa also participated in the round. The startup which currently operates in Mali and Uganda uses satellite…
Weekly VC Overview: All 80+ European startup funding rounds we tracked this week (19-23 April 2021)
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Ghent-based Invibes Advertising lands €5 million for its in-feed advertising tech
Invibes Advertising, a tech company specialising in digital in-feed advertising, has announced a successful capital increase of €5 million. Invibes Advertising specializes in digital advertising – its innovative solutions are supported by an in-feed format that’s integrated into media content. Inspired by social network advertising, the company develops its own technology to help brands better communicate…
Endeavour Vision closes new fund at over €311 million to invest in healthtech across Europe & the US
Endeavour Vision has announced the closing of Endeavour Medtech Growth II (EMG II) LP at around €311 million in capital commitments. The fund will pursue the same strategy as its predecessor: to support growth-stage medtech and digital health innovations that advance the standard of care and bring efficiencies to healthcare systems. Both new and returning…
“To prepare for fundraising, entrepreneurs should thoroughly think about the key make-or-break points of their business”: Interview with Picus Capital’s Founding Partner & Managing Director, Robin Godenrath
How involved should an investor be in the startups they are investing in? Aside from the much-needed financial investment, how else can investors support entrepreneurs? How should founders (and startups themselves) prepare for fundraising? We explored these questions and more in our interview with Robin Godenrath, Founding Partner and Managing Director of Picus Capital, an…
Ready to learn? Check out these educational talks at the EU-Startups Summit!
The 7th edition of the EU-Startups Summit is right around the corner and we couldn’t be more excited! On the 28th-30th of April, around 1,500 founders, tech teams, angel investors, venture capital firms, corporates, accelerators, and startup mentors will come together to celebrate European entrepreneurship. So that you can make the best of this virtual…
Helsinki-based talent acquisition startup Jobilla raises €2.16 million
Finnish talent acquisition startup Jobilla has announced the successful closure of a €2.16 million funding round led by tech investor Trind VC of which €700K was raised as loans and governmental grants. Jobilla has disrupted recruiting across five different continents by leveraging the latest marketing practices and modern recruitment tools to connect companies with top…