British medical cannabis company Grow announced today that it has acquired a major medical cannabis production facility in Spain – a move which transforms Grow into an integrated cannabis production, R&D, and distribution company. This transaction will enable the firm to deliver further on its mission of providing the broadest portfolio of quality cannabis medicines…
Stockholm-based Invoier secures €4.1 million from the European Innovation Council Fund
Stockholm-based fintech company Invoier, which has built and established a marketplace for fair and transparent trading of invoices, has secured a €4.1 million equity funding by EU’s innovation organization, the European Innovation Council (EIC) Fund. According to the startup, European SMEs are forced to pay up to 60% for working capital, which is negatively impacting…
Vienna’s fintech unicorn Bitpanda now valued at €3.48 billion after raising more than €223 million in Series C funding
The digital investment platform Bitpanda just raised additional funding of more than €223 million – at an impressive €3.48 billion valuation. The fast-growing fintech company will use the proceeds to strengthen its team and design the organisation for scale, while doubling down on state-of-the-art technology, international expansion and growth. Signed just 4 months after gaining…
10 Utrecht-based startups to follow in 2021 and beyond
In the beginning of this year, we introduced you to 10 super promising Netherlands-based startups to watch in 2021. Since Amsterdam is already highly popular as a startup city, today we decided to have a closer look at Utrecht, which recently also made it into our annual ranking of Europe’s biggest startup hubs. From medieval…
German startup Seatti.co raises €500K to help teams manage hybrid offices
Berlin- and Munich- based Seatti.co has raised €500K in pre-seed funding from Amsterdam venture capital firm Peak (formerly Peak Capital), Berlin-based Hasso Plattner Institute Seed Fund and super angel Dr. Ralph Mueller. The pandemic has substantially changed the way we work, and the question is no longer whether working from home will prevail – but…
Scottish startup SOLASTA Bio nabs €1.5 million to create nature-inspired pesticides
SOLASTA Bio, a Glasgow University spin-out, has nabbed seed funding of around €1.5 million to support the development of its nature-inspired pesticides, which are some of the first of their kind. SOLASTA Bio was founded in 2020, after four years of research funded by the Biotechnology and Biological Sciences Research Council and the European Commission,…
Oxford-based Beckley Psytech lands €49 million to develop psychedelic medicine breakthroughs
Beckley Psytech, a British startup addressing neurological and psychiatric disorders through the novel application of psychedelic medicines, today announced it has successfully completed an oversubscribed Series B financing, raising around €49 million from venture capital investors to fund its promising research programmes. Founded in 2019, Beckley Psytech will use the proceeds to complete the ongoing…
10 super promising Vienna-based startups to watch in 2021 and beyond
Vienna is known as the “City of Music”, recognized for its great quality of life, and beautiful architecture, but more interesting for us today, the Austrian capital is also one of Europe’s biggest startup hubs. After introducing you to 10 amazing Austrian startups to watch in 2021 earlier this year, today we’re taking a closer…
Notes from a female founder: Boosting female representation in the startup world
Being a founder is challenging enough but being a female founder even more so. For centuries, the image of ‘the entrepreneur’ has been that of a white man, with entrenched stereotypes of what he looks and sounds like, and how he behaves. Female founders are still often expected to ‘man up’ and embrace the way…
Weekly VC Overview: All European startup funding rounds we tracked this week (August 9-13)
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London-based Lime lands €560K crowdfunding to expand its digital healthcare top-ups
Lime Global, a provider of online-only affordable and accessible digital healthcare top-ups, has raised around €560K from 209 investors via crowdfunding platform Seedrs – exceeding its initial target of around €470K at 117%, within hours of the campaign going live. Based in London, Lime was established in 2019 with a mission to help as many…
10 super promising Oslo-based startups to look out for in 2021
Earlier this year, we introduced you to 10 promising Norwegian startups to watch in 2021. Today, we’re taking a closer look to Oslo. With several incubator-like startup investment programs such as StartupNorway and StartupLab and startup communities like Mesh, Oslo is a booming startup city worth exploring. The Norwegian capital recently also made it into our…
Can entrepreneurs lead the future of mental wellbeing services?
There is no doubt that mental health plays a central role, not only for the wellbeing of individuals, but for the stability of societies alike. If we want to take care of one another, we have to be able to first and foremost take care of ourselves. Balanced societies need balanced individuals. Yet mental health…
Dutch vitamin startup Yummygums secures €1.2 million for further expansion across Europe
Yummygums has secured a €1.2 million investment through a group of business angels and Dutch bank Rabobank. The Amsterdam-based startup will use the investments for further internationalization and faster growth in existing markets. Yummygums started their business in 2017, making it one of the first vitamin gummy brand from the Netherlands. The current product range…
Ireland-based Zipp Mobility nabs €1.3 million to support e-scooter expansion plans
Zipp Mobility, the Irish shared micromobility operator, today announced that it has closed a €1.3 million funding round. The company has secured a total of €500K from two prominent angel investors, €250K from Enterprise Ireland and €562K through a crowdfunding campaign on the Spark Crowdfunding platform. Zipp Mobility has now raised over €2 million in…
Female-led Scottish startup SnapDragon Monitoring raises €1.4 million to tackle global counterfeit goods trade
SnapDragon Monitoring, an Edinburgh-based online brand protection business, has raised more than €1.4 million in its latest funding round – bringing the total raised to just over €3.4 million – from ACF Investors, Mercia, and Scottish Enterprise, to help brand owners identify and remove fakes, copycats and online threats. The fresh capital will be used…
10 Manchester-based startups to watch in 2021 and beyond
It’s no news that the UK is one of the hottest startup ecosystems across the world, which is why we introduced you to 10 super promising UK-based startups to watch in 2021 at the beginning of the year. It’s also true that London is always the superstar when it comes to UK-based startups lists, so…
The most successful startup founders have these traits in common
There’s no magic formula that can predict the success or failure of a new business. Anyone who has spent time in the world of investing or venture capital learns very quickly that many businesses fail and most ventures do not pan out. The startups that do end up finding traction and building a lasting business…