The London-based fintech startup Zilch today announced it has raised a further €93.44 million of debt and equity funding to service the growing demand for its unique “buy now, pay later” (BNPL) product as usage continues to soar. This funding announcement comes only 3 months after Zilch raised €66.7 million. The latest funding comes from…
Swedish fintech giant Klarna acquires German startup Stocard for about €110 million
The Swedish fintech giant Klarna seems to be on an acquisition sprint. After acquiring UK-based HERO earlier this month, Klarna now bought the Mannheim-based fintech startup Stocard. According to our sources, the acquisition deal values Stocard at about €110 million. Founded in 2011, Stocard offers its 60 million users worldwide a bundling of customer cards…
Luxembourg-based Salonkee raises €6.2 million for the European expansion of its beauty salon reservations software
After its rapid expansion from Luxembourg into Belgium and Switzerland, Salonkee just closed a €6.2 million Series A funding round led by Fortino Capital and Newion, to further accelerate its European expansion. Expon Capital, which also invested in Salonkee’s seed round, has also significantly invested in this Series A round. Founded in 2016, Salonkee brings…
French open-source API management platform Gravitee.io scores €9.3 million in fresh funding
The Lille-based startup Gravitee.io, which gives businesses unprecedented control over their entire API ecosystem, has just raised €9.3 million in funding – co-led by AlbionVC and Oxx. This marks the first venture capital investment in Gravitee.io’s seven-year history. The fresh capital will enable Gravitee.io to continue growing its team across development, sales, and marketing, to…
Paris-based cybersecurity startup YesWeHack lands €16 million to accelerate its international expansion
Today, Paris-based YesWeHack, Europe’s leading Bug Bounty and Vulnerability Disclosure Policy (VDP) platform, announced that it has secured €16 million in Series B funding. The round was led by Banque des Territoires and Eiffel Investment Group, and joined by YesWeHack’s Series A investors Normandie Participations and CNP Assurances. Founded in 2015, YesWeHack offers companies an innovative…
Startups are spending over €3K on Back-Office Management yearly – Enty will change that! (Sponsored)
Stop wasting precious time and energy on back-office management, join Enty today and receive special early-bird benefits! No matter how technologically advanced your startup is, no matter how many great technologies we have, behind every business, there is a legal entity. And each legal entity comes with painful processes: Invoicing, Accounting, Taxes, HR, and Legal….
When to seek funding – and more importantly, when to stay clear
Knowing when to seek funding, and when to stay clear, is one of the trickiest decisions you’ll face when scaling your business. While not every business will go through this process, the vast majority will, at some point, need to bring investors on board. Over the last three years at Voi, we have raised $325…
Berlin-based GraphCMS raises €8.4 million to help global companies deliver digital experiences at scale
GraphCMS, a Berlin-based company whose pioneering content management platform enables enterprises to seamlessly deliver better digital experiences, has announced it has raised an approx. €8.4 million Series A funding round. GraphCMS will use the funding to expand its commercial footprint within the US and European markets. The round was led by OpenOcean, and previous investors…
Berlin-based Colossyan raises €1 million to assist more businesses with its AI video generation tool
From marketing to employee training, companies rely on video content for the effective transfer of information. However, the production of video content can be pricey and time consuming. The Berlin-based startup Colossyan set out to change this by developing a programmatic video generation tool to assist businesses which struggle with video production. Founded in 2020 by…
Paris-based Spendesk raises €100 million to bring spend management to every finance team in Europe
Spendesk, Europe’s leading all-in-one spend management platform for finance teams, has raised €100 million in Series C funding led by global growth equity firm General Atlantic. All previous investors, including Index Ventures and Eight Roads Ventures, also participated in this round, bringing Spendesk’s total funding to €160 million. With the additional investment, Spendesk will focus…
“It’s important to maintain the soul of the company”: Interview with BUX’s CEO, Yorick Naeff
A recent study by the Bank of Ireland reveals that many people became ‘accidental’ savers during the COVID-19 crisis and plan to continue saving once COVID is over or subsides. But with people wanting to put their money to work more in the current low interest rate environment and high living costs, how many are…
Berlin-based hospitality startup Raus secures seed funding to reinvent nature hospitality
The Berlin-based startup Raus was founded earlier this year and offers new opportunities to take a break from big city life. Founded by childhood friends Dr. Christopher Eilers, Johann Ahlers and Julian Trautwein, the Raus team has closed a low 7-digit seed financing round led by Speedinvest and joined by prominent business angels like the…
Europe’s Top 50 Travel Startups 2021 – Premium Report
The past 16 months have been extremely challenging for all travel-related companies. Travel restrictions and social distancing forced most of the global travel sector to a halt. But some innovators kept going, and are now catching up momentum again. This is why at EU-Startups we decided to dig deeper into the travel industry, to present…
London-based Collectiv Food raises €13.9 million to build food supply service of the future
Collectiv Food, the next generation food supply business transforming how fresh products are accessed and distributed within cities, has secured €13.9 million in its Series A funding round. The round has been led by VNV Global, along with VisVires New Protein (VVNP), Octopus Ventures, Norrsken VC, and existing investors such as Partech and Mustard Seed….
Foodtech startup Reduced raises €385k to create high-quality food products with organic surplus produce
Reduced, a Copenhagen-based foodtech startup just closed a €385k pre-seed round, which was led by Impact Capital Partners with Rockstart as co-investor. The startup plans to use the funding to build a production facility for a new product line of natural flavor enhancers, which they have been testing at the Technological Institute of Denmark. Founded…
Berlin-based coupon startup Lumaly receives seven-figure investment to accelerate its growth
Only a few months after its seed financing round in the beginning of this year, the Berlin-based coupon startup Lumaly has now successfully closed its next financing round. With the seven-figure sum, the young company aims to further drive its growth. Lumaly was founded in the first quarter of 2021 by Noah Fischer and Marcel…
Berlin-based Wunderflats secured €17.8 million in growth funding to make it easier for people to access furnished housing
Wunderflats, a leading platform for temporary furnished housing in Germany, announces a €17.8 million growth funding round led by Verdane to further pursue their vision to be Europe’s most customer-centric housing company where you can simply rent homes online. The Berlin-based company was founded in 2015 by Jan Hase and Arkadi Jampolski and today counts…
Toulouse-based HR startup Bleexo raises €1.5 million to continue its international expansion
The French HR startup Bleexo just announced they raised €1.5 million from M Capital, Techmind, and Paris Business Angels. Founded in 2017, Bleexo provides a suite of tools to develop employee engagement and your teams’ potential. The fresh capital allows Bleexo to assert its leading position in the French market, to pursue its technological development as…