EU antitrust regulators have approved the acquisition of the French security solutions provider Morpho by the US private equity firm Advent International. The deal is said to be worth €2.4 billion.
German aviation startup Lilium has completed a number of flight tests for its emissions-free electric jet, which is capable of vertical take-off. The VTOL (vertical take-off and landing) tests were conducted with the company’s two-seater prototype and demonstrated several manoeuvres including “mid-air transition from hover mode to wing-borne forward flight”. The company will now move […]
The French video creation startup Pitchy has raised €4 million from Seventure Partners and the Fonds Ambition Numérique, managed by Bpifrance.
DreamCheaper, a Berlin-based travel tech startup, has raised €1.5 million from Holtzbrinck Ventures, TruVenturo, and a number of business angels. DreamCheaper’s service allows travellers to search for cheaper rates on hotel rooms they have booked and re-book the room at the lower prices. The startup searches through over a hundred different sites to find a […]
Finnish Vizor, a pioneering virtual reality (VR) software company, has raised $2.3 million in seed funding . The round led by The Venture Reality Fund (The VR Fund) and co-led by Inventure, with participation from Boost VC, Lifeline Ventures and Sisu Game Ventures. Marco DeMiroz of The VR Fund and Ekaterina Gianelli of Inventure will be joining the company’s Board of Directors.
Health startup Cera has raised a further £1.4 million in seed funding for its homecare platform that connects carers with patients. Credo Ventures led the funding round with participation from Kima Ventures. The latest tranche of funding brings the startup’s seed round to £2.7 million. The company, cofounded by Dr Ben Maruthappu and Marek Sacha, […]
Wellmo, an Espoo-based health tech startup, has raised €1.3 million from institutional and private investors, who were not named. The new round of funding will be invested in global expansion of its mobile health platform for insurance companies and care providers to build smartphone-based services for customers. ”Now we can increase our efforts to sales […]