GoStudent, the Vienna-based edtech scaleup which provides video-based online tutoring in 1-on-1 format, has hit unicorn status, following a successful Series C funding round of €205 million. The round was led by DST Global with participation from additional new investors including SoftBank Vision Fund 2, Tencent, Dragoneer and existing investors Coatue, Left Lane Capital and…
Business accounts for founders? ‘Reimagine’ a better future (Sponsored)
As EU-Startups is a small company, we understand the frustrations faced by founders and their teams. It’s not uncommon for founders to contact us with their common pain points asking for advice, and we often hear about shared challenges of European founders through our news and interview articles. Remagine, the financial launchpad for startups, has…
Oslo-based Memory raises €11.6 million to scale its time-tracking tool & launch ‘deep work’ tool
Norwegian AI startup Memory, which builds software to help businesses make dramatically better use of their time, today announced an investment of around €11.6 million led by Melesio and Sanden, with participation from existing investors Investinor, Concentric and SNÖ Ventures. Founded by Norwegian entrepreneur Mathias Mikkelsen, Memory pursues an ambitious vision of an AI-enabled future,…
12 Software-as-a-Service products to boost the sales results of your startup
Sales, sales, sales! Without them, it is pretty much impossible for any company to survive, grow, or attract funding. Especially for startups, customer acquisition is of high priority, and successful sales teams consistently optimise their sales strategy, as well as their contact and lead management. In the digital era and startup universe, most sales are…
10 Black founders of European startups to watch in 2021 & beyond
Diversity is a complex topic. It is not just about gender but also about age, sexual orientation, nationality, socioeconomic backgrounds, neurodiversity, and ethnicity. The Black Lives Matter and the recent Stop Asian Hate movements have shone a light on the systemic racism and exclusion of Black, Asian, Latin and people of colour (POC) in general…
Munich-based Wellster raises €35 million to expand its telemedicine solutions
Wellster, a leading provider of telemedicine platform solutions in the EU, announced today that it closed a €35 million funding round. The round is led by Dermapharm with support from existing investors HV Capital, which previously invested in Zalando, FlixBus and Delivery Hero, and SevenVentures. The fresh funds will be used to expand its offering…
Applications now open for the COVID-X acceleration programme! Using data-driven solutions to save lives (Sponsored)
COVID-X has announced the launch of their Open Call #2! Applications are now open for a unique acceleration programme in Europe, which will fast-track to market 15+ European data technology solutions, that are addressing COVID-19 challenges and facilitating an innovative stack of AI-driven tools in order to defeat the pandemic. COVID-X Programme, supported by the…
4 ways to ensure success when talking to investors
In the highly competitive world of startup investment, having a brilliant idea is not enough to win over investors. Where the rubber really hits the road is in how your team executes on its mission and how you communicate that execution to investors. Angels, VCs, and institutional investors are accustomed to hearing ideas every day….
Weekly VC Overview: All 115 European startup funding rounds we tracked this week (June 14-18)
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HR Software: 10 great tools which help startups to hire, grow, and thrive!
Over the past 16 months, workplaces have gone through a lot of uncertainty and changes. With most offices literally being closed for months, a lot of companies realised remote working is not only possible but also sometimes the better option. However, we can all agree that remote working can be difficult at times. Now more…
London-based SearchSmartly aims to redefine the home search experience with €1.46 million in fresh funding
SearchSmartly, the smart match-making property search platform that provides hyper-personalised property searches in minutes, has just raised €1.46 million seed investment to fuel its mission to redefine the relocation experience. The seed funding round included proptech investors like Matt Cooper, founder of Carwow James Hind, serial proptech investor Antony Senny, Founders Factory and IFG.VC. Founded…
Delft-based Kitepower secures €3 million for its innovative airborne wind energy system
Delft-based Kitepower has secured €3 million for the further development of its innovative airborne wind energy systems. The investment comes from the energy innovation fund ENERGIIQ, Stichting ifund, and Windhandel Beheer, each investing €1 million. The Dutch startup will use the fresh capital to further develop and commercialise its innovative airborne wind energy system (AWES),…
€120 million deal: Barcelona-based ERP & accounting platform Holded just got acquired by Oslo-based Visma Group
The Scandinavian Visma Group has acquired Holded, the Barcelona-based startup behind the fastest-growing cloud ERP & accounting software in Spain. By joining the Visma family, as part of an impressive €120 million acquisition deal, Holded will benefit from Visma’s international experience to boost product development and consolidate its position as the leading cloud ERP provider…
“Micromobility gives more personal choice to people in the way that they move”: Interview with investor Per Brilioth, CEO at VNV Global
Transport-related issues are of utmost importance to cities around the world as they look for ways to get to carbon neutrality while improving their efficiency for their citizens. More than half of the world’s population now lives in cities, and projections indicate that urban areas will account for 60% of global population by 2030. Cities…
Fortino Capital closes €105 million fund for promising early-stage B2B software & tech companies across Europe
Fortino Capital Partners, a Benelux based venture capital and private equity investor in software and technology companies, announces the final closing of its third fund. Fortino Capital Venture II is a €105 million fund dedicated to promising early stage B2B software and technology companies across Europe with a focus on The Benelux, France and Germany….
Wellbeing startup onHand secures €1.6 million to make employees feel-good with volunteering app
onHand is one of world’s first on-demand volunteering apps, making employee volunteering as easy as ordering a takeaway. Called the ‘Uber for Volunteering’, the company is on a mission to make it simple for businesses to engage employees whilst also giving back to communities. Today the British startup announces a €1.6 million pre-A investment round…
Hybrid Work Series, Part 3: How can companies adjust to the new trend? (Interviews with CEOs)
The post-pandemic workplace is here. And it is increasingly becoming clear that hybrid working will take up a sizeable share of the work mode. A study done by McKinsey & Company to determine how remote working will persist after the pandemic revealed that about 20-25% of the workforces in advanced economies could work from home…
Berlin-based proptech startup Habyt acquires homefully and raises €20 million Series B
Berlin-based proptech startup Habyt has today announced closing both its third acquisition of 2021, and a Series B round of €20 million. Founded in 2017, Habyt is one of the leading European co-living providers, operating in 6 countries (Germany, the Netherlands, Spain, Italy and Portugal), with 5000 units across 15 cities. Habyt’s mission is to…