Swedish food waste app Karma has raised $12 million Series A from Kinnevik

Stockholm-based Karma, an app the helps restaurants and supermarkets reduce food waste, has raised a $12 million Series A round led by Kinnevik, with participation from Bessemer, e.ventures, and Electrolux. Karma has now raised over $18 million in total. Food waste is an enormous global problem, both economically and environmentally, with over $1 trillion of […]

Norwegian online grocery retailer Kolonial.no raises €31.4 million from Kinnevik

Norwegian online grocery retailer Kolonial.no has raised €31.4 million from Kinnevik, which in turn will receive a 15% stake in the company. Kolonial.no was founded in 2013 and offers grocery delivery to approximately 40% of Norwegian households. The company’s revenues grew by 88% in 2017, to €83.7 million. “Kinnevik is a dream partner for us,” […]

AI-based stress management app BioBeats raises $3 million

London-based AI medtech startup BioBeats has closed a $3 million funding round. The round was led by Oxford Sciences Innovation (OSI), White Cloud, and IQ Capital. BioBeats features a wellbeing course and app that helps one to understand where their stress one comes from, and how to cope with and reduce it. By harnessing user […]

Israeli emergency response startup Carbyne raises $15 million Series B

Tel Aviv-based public safety startup Carbyne has raised $15 million in series B financing. The round was led by Elsted Capital Partners and joined by Founders Fund. Carbyne’s emergency response ecosystem provides a 21st century upgrade for standard public safety and emergency response infrastructure, revolutionizing the outdated emergency technologies still used in most cities around […]

London-based ‘digital beauty concierge’ Ruuby acquires Perfect 10

The London-based startup behind on-demand beauty services platform Ruuby has acquired luxury mobile beauty and wellness consultancy Perfect 10. Financial details of the transaction were not disclosed. Backed by £2 million from angel investors including former Bulgari boss, Francesco Trapani, Ruuby offers a host of at-home services to clients in their homes and hotels, including […]

Belgian invoicing startup POM raises €830,000

Antwerp-based fintech startup POM, which develops payment solutions to simplify invoice processing, has raised €830,000 in new capital. Investors in the financing round include Be Angels and BAN Vlaanderen, as well as existing shareholders including the management of POM and B2BOOST, and business angels Jean-Marc Toussaint and Steve Vantorre. The total capital raised by POM […]