Europe

Freetrade, the U.K. challenger stockbroker that offers commission-free investing, has closed $15 million in Series A funding. The round includes a $7.5 million investment from Draper Esprit, the U.K. publicly listed venture capital firm, along with previously announced equity crowdfunding via Crowdcube. The funding will be used by Freetrade for further growth and product development,
0 Comments
Facebook has reached a settlement with the U.K.’s data protection watchdog, the ICO, agreeing to pay in full a £500,000 (~$643K) fine following the latter’s investigating into the Cambridge Analytica data misuse scandal. As part of the arrangement, Facebook has agreed to drop its legal appeal against the penalty. But under the terms of the
0 Comments
Microsoft-owned Github has removed the APK of an app for organizing political protests in the autonomous community of Catalonia — acting on a court takedown request sent by Spain’s Guardia Civil, a national police force with military status. As we reported earlier this month supporters of independence for Catalonia have regrouped under a new banner
0 Comments
We’re excited to announce that Extra Crunch is now available to readers in Austria, Belgium, Italy, the Netherlands, and Poland. That adds to our existing European support in Germany, France, Spain and the U.K. Extra Crunch is a membership program from TechCrunch that features how-tos and interviews on company building, intelligence on the most disruptive
0 Comments
Zamna — which uses a blockchain to securely share and verify data between airlines and travel authorities to check passenger identities — has raised a $5m seed funding round led by VC firms LocalGlobe and Oxford Capital, alongside Seedcamp, the London Co-Investment Fund (LCIF), Telefonica, and a number of angel investors. Participation has also come
0 Comments
StepLadder, another London-based startup aiming to help so-called “generation rent” get onto the housing ladder, has raised £1.5 million in seed funding. Backing the round is Spanish banking giant BBVA and fintech VC Anthemis via the London-based venture studio the pair have partnered on. Early investor Seedcamp also followed on, in addition to unnamed angel
0 Comments
Influencer marketing and the related area of spon con have become a cornerstone of how the internet’s wheels spin: personalities attract traffic and buzz, and help shift not just sentiment but often products for brands, giving boosts both to online engagement and commerce. Now, a London startup called Verve, which plays on the influencer theme
0 Comments
The contract between the UK’s National Health Service (NHS) and ecommerce giant Amazon — for a health information licensing partnership involving its Alexa voice AI — has been released following a Freedom of Information request. The government announced the partnership this summer. But the date on the contract, which was published on the gov.uk contracts
0 Comments
The third annual review of the EU-US Privacy Shield data transfer mechanism has once again been nodded through by Europe’s executive. This despite the EU parliament calling last year for the mechanism to be suspended. The European Commission also issued US counterparts with a compliance deadline last December — saying the US must appoint a
0 Comments
The Ethereum community is hard at work on Ethereum 2.0, the next major upgrade of its blockchain. It is an incredibly challenging task, and the Ethereum Foundation has been completely transparent about its roadmap and progress. That’s why I’m excited to announce that Ethereum Foundation researcher Justin Drake is joining us at TechCrunch Disrupt Berlin.
0 Comments
Lilium, the Munich-based startup developing an on-demand “air taxi” service, has released its latest flight video — this time demonstrating a successful transition from vertical flight (liftoff) to horizontal flight. The company is also announcing the completion of its first manufacturing facility and plans for a much larger second factory in preparation for a 2025
0 Comments
Europe’s chief data protection watchdog has raised concerns over contractual arrangements between Microsoft and the European Union institutions which are making use of its software products and services. The European Data Protection Supervisor (EDPS) opened an enquiry into the contractual arrangements between EU institutions and the tech giant this April, following changes to rules governing
0 Comments