Europe

Genie AI, a legaltech startup and Entrepreneur First alumni, has raised £2 million in funding. The round is a combination of equity and a U.K. government grant, and will be used to continue development of the company’s “intelligent” contract editor for law firms and an upcoming product targeting GDPR compliance. Leading the £1.2 million equity
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Just Eat, the publicly-listed takeout marketplace that has faced fierce competition from UberEats and Deliveroo in recent years, has made a round of layoffs in the U.K. and Ireland, TechCrunch has learned. Announced internally late on Friday, the redundancies are part of a reorganisation that is seeing Just Eat’s customer and restaurant operation teams merged.
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FaceApp, the AI-powered selfie-editing app that’s been having another viral moment of late, has now responded to a privacy controversy that we covered earlier here. We’ve pasted the company’s full statement at the bottom of this post. The tl;dr here is that concerns had been raised that FaceApp, a Russian startup, uploads users’ photos to
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Amazon has agreed to make a raft of changes to the business terms it offers sellers on its marketplaces following an intervention by Germany’s Federal Cartel Office (FCO). The regulator instigated an investigation in November last year after receiving a large number of complaints from sellers pertaining to Amazon’s German marketplace, amazon.de: The largest of
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Changes are afoot at European VC Atomico, with news breaking that long-time partner Mattias Ljungman is leaving to raise his own seed fund. TechCrunch understands that staff at the London-headquartered firm, which he co-founded in 2006 with Skype founder Niklas Zennström before becoming a partner two years later, were informed earlier today of his decision
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European regulators have announced a formal antitrust investigation of Amazon’s use of data from third parties selling on its ecommerce platform. Commenting in a statement, competition commissioner, Margrethe Vestager said: “European consumers are increasingly shopping online. Ecommerce has boosted retail competition and brought more choice and better prices. We need to ensure that large online
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ContractPodAi, a London-based startup that has developed what it describes as AI-powered contract lifecycle management software, is disclosing $55 million in Series B funding. The round is led by U.S.-based Insight Partners, with participation from earlier backer Eagle Investment. Founded in 2012, ContractPodAi offers an “end-to-end” solution spanning the three main aspects of contract management:
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Many years ago every sales deal was sealed with a handshake between two people. Today, digitization has moved into the sales process, but it hasn’t necessarily improved the experience. In fact, it’s often become a more time-consuming affair because information and communications are scattered across multiple channels and the number of people involved in a
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