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Tech.eu
John Reynolds @ Tech.eu · 02/14/2024 08:05 EDT

Losses increase five-fold at Checkout.com’s UK business

One of the darlings of the UK fintech industry, Checkout.com, has reported a five-fold widening of losses of its UK business to $126m while revenue growth stalled, as it was hit by reduced costumer sp... Read more ›

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Tech.eu
Dan Taylor @ Tech.eu 1 place · 02/14/2024 06:00 EDT

Helsinki-based Vapaus raises €15M to boost employee benefit bikes offering

Vapaus, a Helsinki-based provider of mobility benefits for employees, has received €15 million in a debt facility provided by Norion Bank. The capital is slated to fuel market presence in Finland and ... Read more ›

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Tech.eu
Dan Taylor @ Tech.eu 2 place · 02/14/2024 05:29 EDT

Spacegoods raises ÂŁ2.5M to expand mushroom-based wellness products

Spacegoods, a London-based D2C e-commerce outfit specialising in mushrooms and nootropics, has raised £2.5 million in a seed funding round. An initiative spearheaded by serial entrepreneur Matthew Kel... Read more ›

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Tech.eu
John Reynolds @ Tech.eu · 02/14/2024 05:06 EDT

Monzo boss hails “Monzo magic” as UK challenger bank hits nine million plus UK retail customers

Monzo (today) said it has crossed the nine million UK personal current account milestone, saying it had hoovered up two million customers last year alone.Monzo CEO TS Anil hailed the achievement as “t... Read more ›

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Tech.eu
Dan Taylor @ Tech.eu 1 place · 02/14/2024 02:55 EDT

Healthcare sector attracts increased interest: Earlybird Health's new €173M fund

Earlybird Health, the business unit of Earlybird Venture Capital focusing on health industry investments, has today announced the final close of its latest fund at €173 million.At €173 million, Earlyb... Read more ›

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Tech.eu
Dan Taylor @ Tech.eu 3 place · 02/13/2024 07:06 EDT

Tiger Global-backed Pento acquired by Israeli HR platform HiBob

Pento, a Copenhagen-born now London-based payroll automation platform, has been acquired by Israeli HR and benefits solutions platform HiBob. The terms of the deal remain undisclosed.When it comes to ... Read more ›

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Tech.eu
Dan Taylor @ Tech.eu · 02/13/2024 06:46 EDT

Evli Growth Partners Leads €40M Investment in Hospitality Startup Bob W

Bob W, a Helsinki-based better-than-a-hotel hospitality platform, has raised €40 million in a Series B investment round. The new capital is aimed at fueling further growth at the startup, now amassing... Read more ›

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Tech.eu
John Reynolds @ Tech.eu 3 place · 02/13/2024 06:10 EDT

Dutch SME banking provider Finom bags “quite easy” €50m  Series B funding round

Securing a €50m plus funding round for startups has not been as plain sailing these days as it was a few years ago, amid a drying up of capital and challenging economic circumstances.But SME banking p... Read more ›

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Tech.eu
John Reynolds @ Tech.eu · 02/13/2024 05:00 EDT

“Never too late and never too early” to launch a startup, says founder of one of Finland’s biggest fintechs

As part of the Tech.eu Spotlight series, John Reynolds speaks to Monika Liikamaa, co-CEO & co-founder of Enfuce and Michaela Berglund, CEO and founder of Feminvest, who discuss the shortage of female ... Read more ›

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Tech.eu
Dan Taylor @ Tech.eu 3 place · 02/13/2024 03:00 EDT

Oslo-Based startup Midio raises $660,000 for visual programming interface development

Midio, an Oslo-based startup working on backend development via a visual programming interface, has raised $660,000 in a pre-seed funding round.While there’s no shortage of low-code tools available to... Read more ›

1

Tech.eu
Dan Taylor @ Tech.eu · 02/13/2024 01:30 EDT

Swiss VC fund Founderful nears 70 per cent capacity with $85M raised

Founderful, a Swiss VC fund formerly known as Wingman Ventures, has announced that its newest fund, targeted at $120 million has reached 70 per cent capacity at $85 million.Now five years in vintage, ... Read more ›

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Tech.eu
Dan Taylor @ Tech.eu 2 place · 02/13/2024 00:00 EDT

Parisian startup Groover secures $8M to boost independent artists' careers

Groover, a Parisian startup looking to level the playing field for emerging artists, has confirmed the raise of $8 million in a Series A funding round. Founded in early 2018, Groover has now hoovered ... Read more ›

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Tech.eu
Dan Taylor @ Tech.eu · 02/12/2024 11:01 EDT

Copenhagen-based logistics Startup Portchain raises $5M in new investment round

Portchain, a Copenhagan-based logistics startup, has today confirmed the raise of $5 million in a new investment round. The startup intends to use the capital to fuel a recruitment drive, further deve... Read more ›

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Tech.eu
John Reynolds @ Tech.eu · 02/12/2024 06:10 EDT

UK family investment app Nosso to shut

A UK family investment app, founded by one of the first employees of business bank Tide, is shutting down.Nosso, which raised €2.8 million in a seed round, helps parents invest and plan for their chil... Read more ›

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Tech.eu
Dan Taylor @ Tech.eu 3 place · 02/12/2024 04:57 EDT

Belfast-based Amply secures ÂŁ1.4M for AI-powered drug discovery platform

Amply, a Belfast-based biotech company, and not to be confused with Tech.eu jobs board partner Amply, has today confirmed the raise of over £1.4 million in grant funding. The startup intends to use th... Read more ›

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Tech.eu
Cate Lawrence @ Tech.eu · 02/12/2024 04:49 EDT

TORTUS secures $4.2M Seed Funding for clinical documentation automation

Healthtech generative AI startup TORTUS announced today $4.2 million in seed funding led by Khosla Ventures. Doctors, nurses, and hospital staff are under immense pressure in today's healthcare system... Read more ›

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Tech.eu
Dan Taylor @ Tech.eu 2 place · 02/12/2024 01:00 EDT

Fintech garners over one-third of last week's €745M invested in European tech

Last week, we tracked more than 70 tech funding deals worth over €745 million, and around 8 exits, M&A transactions, and rumours; all alongside a host of related news stories across Europe.Looking... Read more ›

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Tech.eu
Guest Writer @ Tech.eu 2 place · 02/11/2024 05:00 EDT

It’s time for a European cleantech investment plan

European cleantech companies have developed world-leading batteries, electrolysers, and supercapacitors, as well as near-zero carbon steel and cement technologies. This tech leadership could underpin ... Read more ›

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Tech.eu
Guest Writer @ Tech.eu 1 place · 02/10/2024 05:00 EDT

Europe needs more scientists in VC to become a deeptech powerhouse

Europe's deep tech sector has substantial technical talent and research leadership and is uniquely positioned for global impact.The region leads in high-impact research publications with 28.1 per cent... Read more ›

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Tech.eu
Dan Taylor @ Tech.eu 2 place · 02/09/2024 10:00 EDT

Jagex changes hands in $1.1B deal, Xensam says goodbye to 'bootstrapped', and over €75M invested this week

This week our research tracked more than 70 tech funding deals worth over €745 million, and around 8 exits, M&A transactions, rumours, and related news stories across Europe.In addition to this we... Read more ›

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