Europe

Kano, the London-based startup that builds hardware designed to teach younger people about computing and coding, is taking a significant step forward in its growth strategy today. The startup has inked a partnership with Microsoft that sees Kano launching the Kano PC, a new 11.6-inch touch-enabled, Intel Atom-powered computer, its first to run Windows —
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Echo, the U.K. startup that offers an app to help you manage your medication and order repeat prescriptions for delivery, has been acquired by healthcare company McKesson, owner of LloydsPharmacy. Terms of the deal remain undisclosed. However, I understand the buyout sees all of Echo’s existing investors exit, with McKesson becoming the majority shareholder and
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Robotic process automation — which lets organizations shift repetitive back-office tasks to machines to complete — has been a hot area of growth in the world of enterprise IT, and now one of the companies that’s making waves in the area has acquired a smaller startup to continue extending its capabilities. Blue Prism, which helped
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Cleo, the London-based “digital assistant” that wants to replace your banking apps, has quietly taken venture debt from U.S.-based TriplePoint Capital, according to a regulatory filing. The amount remains undisclosed, though I understand from sources that the figure is somewhere in the region of mid-“single-digit” millions and will bridge the gap before a larger Series
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Ollie Purdue, the founder of Loot, the current account aimed at millennials that went into administration last month after running out of cash, is joining Bó, the digital bank being developed by RBS-owned Natwest, TechCrunch as learned. He’ll take up the position of chief product officer and will lead product development for the new brand,
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Seven months ago, TechCrunch’s Steve O’Hear reported that LocalGlobe had begun the fundraising process for two separate funds. The London-based seed-stage venture firm was raising yet another seed-stage venture fund, O’Hear said at the time; he also noted that LocalGlobe was also expect to raise its first opportunities fund. Fast-forward and today, the firm, founded
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Spanish soccer’s premier league, LaLiga, has netted itself a €250,000 (~$280k) fine for privacy violations of Europe’s General Data Protection Regulation (GDPR) related to its official app. As we reported a year ago, users of the LaLiga app were outraged to discover the smartphone software does rather more than show minute-by-minute commentary of football matches
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Bux, the Amsterdam-based trading app that wants to make investing fun, has picked up an additional $12.5 million in new funding. Venture capital firms Velocity Capital and Holtzbrinck Ventures led the round, which also includes debt financing from Kreos Capital. It brings total funding to $35 million since being founded over five years ago. The
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A legal challenge to the UK’s controversial mass surveillance regime has revealed shocking failures by the main state intelligence agency, which has broad powers to hack computers and phones and intercept digital communications, in handling people’s information. The challenge, by rights group Liberty, led last month to an initial finding that MI5 had systematically breached
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Fintech startup Revolut has expanded its support for Apple Pay, confirming that from today the payment option is available for users in 16 European markets. The list of supported markets is: UK, France, Poland, Germany, Czech Republic, Spain, Italy, Switzerland, Ireland, Belgium, Austria, Sweden, Denmark, Norway, Finland and Iceland. Press reports last month suggested the UK
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Crane Venture Partners, a newish London-based early-stage VC targeting what it calls “intelligent” enterprise startups, is officially outing today. Founded by Scott Sage and Krishna Visvanathan, who were both previously at DFJ Esprit, “Crane I” has had a second closing totalling $90 million, money the firm is investing in enterprise companies that are data-driven. Sage
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Bolt, the Uber rival formerly known as Taxify, is taking a significant step this week in its effort to build out its transportation-on-demand business across the biggest cities in Europe and Africa, which currently covers 25 million users in 30 countries and 100 cities: it’s finally opening for business again in London, the biggest ride-hailing
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Unmortgage founder and CEO Rayhan Rafiq-Omar (centre) has departed the companny Unmortgage, the London-based startup that wants to let people buy as little as five percent of a home and rent the rest, has lost its founder and CEO, TechCrunch has learned. According to a regulatory filing on Companies House, Unmortgage’s Rayhan Rafiq-Omar was terminated
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