Tampere-based IoT startup Wirepas secures €1.5 million in a Series A funding round

Wirepas-logoWirepas, a Finnish device connectivity provider has raised an additional € 1.5 million in Series A funding from Vito Ventures and Inventure, adding to the initial € 1.5 million it raised in August 2015 from Inventure. Wirepas will use the fresh capital to accelerate growth by extending its global presence further, strengthening R&D and building brand awareness.

Founded in 2010, Wirepas is focused on providing the most reliable, optimized, scalable and easy to use device connectivity Continue reading

Posted in Finland-Startups, Funding | Tagged , , , , , , | Comments Off

Munich-based eGym secures $45m in Series C funding led by HPE Growth Capital to accelerate the international expansion

eGYM-logoeGym, the leading provider of high-tech strength equipment and advanced software for organizing the fitness training floor, has today announced $45 million in Series C financing led by new investor HPE Growth Capital. Existing investors, including Highland Europe and HTGF also participated in the round.

eGym is headquartered in Munich and was founded in 2010. The product portfolio of eGym is a combination of it’s proprietary smart hardware and software, providing gym operators with essential Continue reading

Posted in Funding, Germany-Startups | Tagged , , , , | Comments Off

Smart Urban Mobility: Interview with Paal Christian Myhre, COO of the Norwegian startup Meshcrafts

Meshcrafts-Paal Christian MyhreNorway is definitely one of the greenest European countries. There are a lot of different rankings available, but Norway is always among the Top 5. The New York Times wrote last year that in spite of the fact that Norway is one of the biggest oil and natural gas producers in the world, it also put a big effort in using its fast rivers. Their power is used by hydroelectric power stations and transformed into electricity. This makes electricity cheap here. Thus charging electric cars doesn’t cost a lot. The Norwegian government has also reduced taxes to make electric cars affordable for the general public. And the goal “to have 50,000 electric cars on roads by the end of the 2017″ was already reached Continue reading

Posted in Interviews, Norway-Startups | Tagged , , , , , | Comments Off

Why you should stop looking to raise venture capital

VC-FundingSome founders are convinced that the only way to build a valueable tech company is to raise a ton of venture capital. While a huge amount of funding might enable you to scale faster, it doesn’t necessarily increase your chances of success in the long run.

Sure, having lots of money in the startup’s bank account generally results in a longer “runway” for your startup, which means that you Continue reading

Posted in Funding, Know-How, Startups in general | Tagged , | Comments Off

Civey secures €1.2 million to further develop its technology to automate representative surveys

Civey-logoCivey, a Berlin-based startup which develops one of the first-ever technologies worldwide to automate representative surveys without random sampling, just secured €1.2 million from IBB Bet. as part of the technology development program Pro FIT.

The new procedure of Civey Continue reading

Posted in Funding, Germany-Startups | Tagged , , , , | Comments Off

Berlin-based travel tech startup Distribusion raises € 6 million Series A funding

Distribusion-logoDistribusion Technologies, a leading distribution system for intercity and shuttle bus products, announces it has raised € 6 million in funding from international investors Northzone, Creandum and HR Ventures. Existing seed investor also joined this financing round.

The fresh capital will be used to accelerate the product and technology development and to ramp up the acquisition and integration of Continue reading

Posted in Funding, Germany-Startups | Tagged , , , , , | Comments Off

Jobs of the week: Join Shopboostr or Greatcontent in Berlin

Week after week, we’re introducing you to exciting career opportunities in the startup space. This is your chance to become part of the success story of one of Europe’s hottest startups! For a complete overview of the best startup jobs, make sure to check out our job board. And here are the jobs of the week:

Shopboostr-logoShopboostr is an ambitious Big Data startup based in Berlin. Right now, their young and international team is looking for a motivated Ruby on Rails Developer as well as a Ruby on Rails Intern. Do you want to join the Technical Department of Continue reading

Posted in Germany-Startups, Other Stuff | Tagged , , , | Comments Off

German e-commerce search engine Crowdfox secures additional €5 million in funding

Crowdfox-logoCrowdfox combines the advantages of a shopping club, a price search engine and an e-commerce platform. Users can purchase a large and constantly growing selection of thousands of high quality products of all common categories – electronics, home, beauty, kids and gourmet food at exclusive prices. The German startup also offers a distribution channel for merchants for their products completely free of charge. The savings are passed on to the customer 1:1 so that they pay ten percent less than on Amazon and others.

Cologne-based Crowdfox officially launched in Germany in December 2015 as an inexpensive and fair Continue reading

Posted in Funding, Germany-Startups | Tagged , , , , | 1 Comment

Amsterdam-based travel tracking app Polarsteps secures €500K in funding

Polarsteps-logoPolarsteps, an Amsterdam-based travel tracking startup, announced today that it has raised €500,000 in seed funding from Silver Point Ventures and TMG. The Dutch startup plans to use the funds to further develop its product. The beta version of Polarsteps’ iPhone app was launched in April 2015 and has rapidly gained traction amongst travelers.

Polarsteps automatically tracks travelers’ route and places they’ve visited during their trip. Once connected to the Continue reading

Posted in Funding, Netherland-Startups | Tagged , , , , | Comments Off

twago, Europe’s leading freelance marketplace, acquires Spanish competitor Adtriboo

Twago-Adtriboo-Acquisitiontwago, Europe’s leading freelance marketplace, acquires Spanish freelance platform Adtriboo. Financial details of the deal have not been disclosed yet. With the acquisition twago further consolidates its position in the European and Spanish-speaking markets, since several countries in Latin America were serviced by Adtriboo in Continue reading

Posted in Acquisitions, Germany-Startups, Spain-Startups | Tagged , , , | Comments Off