The Netherlands-based WeTransfer has acquired the team, patent/IP and trademark portfolio, and all assets for the popular ‘Paper’ and ‘Paste’ apps from New York and Seattle-based FiftyThree for an undisclosed sum. Founded in 2009, WeTransfer boasts 42 million monthly users, who are able to send and share large files of all types around the world […]
PlayPass, a Belgian-founded startup that provides smart wristband solutions for music festivals, has secured €1.9 million in funding from Newion and existing angel investors, Tijd.be reports. The company expects to raise another €10 million by early 2020 as it plans its geographic expansion and sizes up the sports event market. Founded in Antwerp in 2012, […]
Helsinki-based startup Altum Technologies has raised an undisclosed amount in a Series A funding round led by Maki.vc to fuel its expansion into the US. Lifeline Ventures, which invested in Altum’s seed round in 2016, also participated in the current round. Founded in 2016, Altum uses ultrasound to penetrate the walls of liquid-carrying industrial equipment […]
Startup builder/investment firm Rocket Internet will have one of its co-founders assume the responsibilities of chief financial officer as its current executive will soon be leaving the role and the company to pursue “a new management challenge”. Having joined Rocket in 2014 from Goldman Sachs, Peter Kimpel (pictured above) will depart the company in the […]
Swedish startup Impactpool, which matches NGOs with talented job seekers around the world, has raised €715,000. The round was led by Lexis Invest, a major owner of Nextory, along with previous investors. The business angel Staffan Ingeborn, who runs Innovation Capital, also invested in the company for the first time. “We saw a huge interest […]
UK-based digital banking startup Monzo is poised to close a $150 million financing round that will value the fintech company as high as $1.5 billion, the FT reports. One of its prime competitors in Britain and beyond, Revolut, just closed a $250 million round at a $1.7 billion valuation, for your comparison. Accel Partners is […]
Munich-based fitness startup Freeletics has received a significant investment from a leading group of US-based venture capital firms including Courtside Ventures, Elysian Park Ventures, Causeway Media Partners, JAZZ Venture Partners, and ward.ventures. These VCs work with top US sports teams including the San Francisco 49ers, Boston Celtics, Cleveland Cavaliers and Los Angeles Dodgers. “These investors […]