Austrian job search startup Firstbird raises €2 million

Vienna-based recruitment tech startup Firstbird has raised €2 million from Swiss recruitment portal JobCloud, VC network investiere.ch, and the European Super Angels Club (ESAC). Firstbird turns employees into headhunters through referrals. Employees are notified of job openings in their workplace and are incentivised to spread the word around their professional network. Companies pay a monthly […]

Redwood Technologies secures £25 million from Scottish Equity Partners

Redwood Technologies Group, a cloud communications firm, has received a £25 million investment from Scottish Equity Partners (SEP). Founded in 1993 in the UK, this is Redwood’s first round of outside investment and will be used to growth its position in the APAC market. It will open a Tokyo office in the coming months. The […]

Swedish fashion ecommerce firm NA-KD raises $45 million in Series B round

Fashion ecommerce company NA-KD has announced a $45 million Series B round led by Partech Ventures. Other participants in the investment include Northzone, eEquity, FJ Labs, and the founders of classifieds site Avito. According to the Swedish company, it grew more than 150% in 2017 with a revenue run rate on nearly $75 million while […]

Workflow and CRM software company Forest Admin raises €3 million

Forest Admin, an admin-as-a-service interface for businesses, that was founded in 2017 has announced a €3 million funding round for the development of its first product. Backed by Connect Ventures and French billionaire entrepreneur Xavier Niel, the funding will be used to accelerate product development of its SaaS CRM product and prepare for launching internationally. […]

Car marketplace Auto1 raises €460 million from Softbank

German online car marketplace Auto1 has raised €460 million from Japanese giant Softbank. The Berlin-based company develops a platform for buying and selling used cars. The funding news was first reported by The Financial Times. Auto1 was founded in 2012 and according to Reuters had revenues of €1.5 billion in 2016. Softbank’s investment comes from […]

Danish fintech startup Cardlay raises €4 million in Series A funding

Cardlay, a fintech startup in Denmark, has announced a new funding round of 30 million DKK (about €4 million) from SEED Capital and SEB Venture Capital alongside investors Thorleif Krarup, Klaus Holse, Jørgen Bardenfleth, and Herbert Nathan. Odense-based Cardlay has developed a management platform for payment cards and expenses that’s targeted at commercial banks. The […]