admin

3D printer manufacturer Markforged has raised another round of funding. Summit Partners is leading the $82 million Series D round with Matrix Partners, Microsoft’s Venture Arm, Next47 and Porsche SE also participating. When you think about 3D printers, chances are you’re thinking about microwave-sized, plastic-focused 3D printers for hobbyists. Markforged is basically at the other
0 Comments
Google is widely expected to be handed a third antitrust fine in Europe this week, with reports suggesting the European Commission’s decision in its long-running investigation of AdSense could land later today. Right on cue the search giant has PRed another Android product tweak — which it bills as “supporting choice and competition in Europe”.
0 Comments
Welcome Pickups, an Athens-based startup offering a range of “in-destination” travel services from the point of pickup onwards, has raised €3.3 million in Series A funding. The backing comes from VentureFriends, Market One Capital, Howzat, Jabbar, and Openfund. Launched in Greece in 2015, Welcome Pickups believes it has spotted an opportunity that moves local travel
0 Comments
Thirstie announced today that it has raised $7 million in Series A funding, and that it’s partnering with Drinkworks to power the e-commerce experience for the cocktail-making machine created by Keurig and Anheuser-Busch. Co-founder and CEO Devaraj Southworth suggested that this is emblematic of the company’s current direction — rather than building a consumer app
0 Comments
Snap is under NDA with the UK’s Home Office as part of a working group tasked with coming up with more robust age verification technology that’s able to robustly identify children online. The detail emerged during a parliamentary committee hearing as MPs in the Department for Digital, Culture, Media and Sport (DCMS) questioned Stephen Collins,
0 Comments
Peakon, the Denmark headquartered “employee retention platform,” has raised a further $35 million in funding. Described as a Series B extension, the round is led by European venture capital firm Atomico, with backing from existing investors, including EQT Ventures, IDInvest Partners, Balderton Capital, and Sunstone. Originally offering “people analytics” by enabling companies to more regularly
0 Comments
Singapore’s Instarem, a fintech startup that helps banks and consumers send money overseas at lower cost, has closed a $41 million Series C financing round to go after global expansion opportunities. The four-year-old company announced a first close of $20 million last November, and it has now doubled that tally (and a little extra) thanks
0 Comments
Ride-hailing platform Ola announced today that it has raised $300 million from Hyundai and Kia as part of a strategic partnership focused on electric vehicle development. This brings the company’s total raised to $3.8 billion according to Crunchbase. Ola’s last funding was announced just three weeks ago, when the company said it had raised $56
0 Comments
Axeleo Capital has raised a $51 million fund (€45 million). Axeleo first started with an accelerator focused on enterprise startups. The firm is now all grown up with an acceleration program and a full-fledged VC fund. The accelerator is now called Axeleo Scale, while the fund is called Axeleo Capital. And it’s important to mention
0 Comments
Atlassian today announced that it has acquired AgileCraft, a service that aims to help enterprises plan their strategic projects and workstreams. The service provides business leaders with additional insights into the current status of technical projects and gives them insights into the bottlenecks, risks and dependencies of these projects. Indeed, the focus of AgileCraft is
0 Comments
A study of tracking cookies running on government and public sector health websites in the European Union has found commercial adtech to be operating pervasively even in what should be core not-for-profit corners of the Internet. The researchers used searches including queries related to HIV, mental health, pregnancy, alcoholism and cancer to examine how frequently
0 Comments
Factory software tools are often out of reach of small manufacturers, forcing them to operate with inefficient manual systems. WorkClout, a member of the Y Combinator Winter 2019 class, wants to change that by offering a more affordable SaaS alternative to traditional manufacturing software solutions. Company co-founder and CEO Arjun Patel grew up helping out
0 Comments
European startup studio eFounders has been relentlessly building new startups over the past few years. In 2019, the company plans to launch Bonjour, a demo tool for sales teams, Chilli, a recommandation service to help small and medium companies leverage modern software-as-a-service products, and Swan, a banking API to generate banking services on demand. If
0 Comments