Paper.li secures $2m in a new round of funding

paperli-logoPaper.li, a project of the Lausanne-based startup SmallRivers, has just attracted additional $2 million of new financing. The fresh capital comes from Debioinvestment and Polytech Ventures, along with existing investors, and pushes Paper.li’s total investment to about $7.2 million.

The ambitious Paper.li project, which launched in 2008, enables its users to find, engage and build communities of like-minded individuals through content Continue reading

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Online tyre retailer Delticom acquires Tirendo for €50m

Delticom-TirendoEurope’s leading online tyre retailer Delticom AG has today agreed with the shareholders of Tirendo to purchase all shares in the Berlin-based online tyre retailer and its subsidiaries. The purchase price, including acquired shareholder loans, amounts to around € 50 million.

As a first-mover, Delticom opened ReifenDirekt.de in the year 2000 as one of Germany’s first online tyre shops. With more than 6 million customers in 42 Continue reading

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Eindhoven-based Withlocals raises $500K from Greenhouse Group

Withlocals-logoWithlocals.com, a marketplace for local travel experiences, has recently raised $500,000 in funding from the Greenhouse Group. According to the Eindhoven-based startup, the seed investment will be used to launch out of beta version soon and to target Southeast Asia.

Withlocals was founded earlier this year to connect travellers with locals through food and experiences and to enable a more authentic travel experience for Continue reading

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Boulogne-based Talentsoft secures €15m in growth financing

Talentsoft-logoTalentSoft, a leading provider in cloud-based Integrated Talent Management, today announced it has secured €15 million in growth financing from Highland Capital Partners Europe and the FSN PME French National Fund for Digital Society.

By the way: To find out what “cloud-based Integrated Talent Management” actually means, make sure to check out Talentsoft’s product video below this Continue reading

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Lars Hinrich’s HackFwd closes its doors

HackFwd-endThree years, three months and three days after the start of HackFwd, a pre-seed fund for passionate geeks out of Europe, its founder Lars Hinrichs today officially announced the end of the program.

Since its foundation, HackFwd received over 3,000 applications and invested in 16 European startups. Hinrichs, who is also the founder of the European Linkedin competitor XING, today stated in a good bye article on the HackFwd blog: “I invested in Continue reading

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TechCrunch Italy: Startup Competition finalists announced

TechCrunch-ItalyThe names of the 8 finalists of the TechCrunch Italy’s Startup Competition, that will compete to win the final total prize of 50.000€, have been announced today.

At the end of September these pre-selected finalists will move to Rome where they will pitch at the Startup Competition stage, engage in a round of Q&A, and be judged by a team of top level venture capitalists and angel investors. Here Continue reading

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Dymotics turns your smartphone into a remote control

Dymotics-logoDymotics, a Spanish startup that aims to revolutionize the home automation market, has currently opened a crowdfunding campaign on Indiegogo to raise funds to start manufacturing and expand the team.

With the support of Mola.com, Dymotics is creating an intuitive and simple to use mobile application to control almost all electronical devices of a regular home -regardless of the brand! The app effectively turns your smartphone into a home automation remote control. Dymotics can be used to turn on the washing machine from Continue reading

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Community marketplace ‘We Are Pop Up’ raises €497K

We-Are-PopUp-logoWe Are Pop Up, the community marketplace that connects brands and businesses with short-term retail properties in the UK, has raised further funding of €497,000 – led by Arts Alliance with participation from UCL.

The London-based startup was founded in 2012 and has over 3,500 registered users with a cross section of businesses signed up, from small Internet Continue reading

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Groupon acquires Madrid-based travel app Blink

Groupon-Blink-logosGroupon today announced the acquisition of last-minute travel app Blink, a destination for great deals on highly curated, same-day hotel bookings. The terms of the acquisition were not disclosed.

The Madrid-based Blink was founded in 2011 and today works with more than 2,000 hotel partners in eight European countries. Since its foundation Blink secured about $2.5 million in venture capital. Blink’s easy-to-use mobile app caters to on-the-go travelers looking for unique hotels in travel hotspots across Europe and Continue reading

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Bridge Budapest – fellowship by the most successful Hungarian startups (Interview)

Bridge_BudapestIt was a lovely late-summer afternoon in Budapest when I met Veronika Pistyur, CEO of Bridge Budapest for this interview.

EU-Startups.com: How would you describe this initiative, what is Bridge Budapest?

VeraBridge Budapest is the non-profit foundation of the 3 most successful Hungarian startups - PreziUstream and LogMeIn, created with the intention to prove that global success stories can be written also from this country.

EU-Startups.com: How does it work? What is the financial background for this?

Vera: We are covered financially by these 3 companies and Stephen J. Luczo, the Hungarian origin CEO of Seagate and are equipped with an amazing global Continue reading

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