Swedish startup Orbital Systems has raised £15M for their NASA-inspired water-saving shower system. Investors include Skype founder Niklas Zennström, Stena Ventures, Karl-Johan Persson, Nils Idoff and the af Jochnick family.
Global Fashion Group, the Rocket Internet-backed fashion ecommerce business, saw its net revenue cross the €1 billion mark in 2016 with sales up 26% from 2015. That’s according to the Luxembourg company’s financial report for 2016 released last week. The company is still in the negative but managed to improve its EBITDA margins for 2016 […]
French Blacknut, a video game startup, has just raised €2.4 million from several investors and business angels through a crowdfunding campaign on GwenneG.
Swedish software company Trade Extensions has been purchased by the US company Coupa Software for $45 million.
UK-based ALung Technologies, which develops technologies for patients suffering from respiratory failure, has closed a $36 million Series C financing round. The round was led by Philips and UPMC, with participation from new and existing investors including Abiomed, The Accelerator Fund, Allos Ventures, Birchmere Ventures, Blue Tree Ventures, Eagle Ventures, Riverfront Ventures, West Capital Advisors, and other individual investors.
French Actility, which provides Low Power Wide Area Networks (LPWAN) for the internet of Things (IoT), has completed a $75 million Series D funding round. Creadev, Bosch and Inmarsat are among the new investors in the round, with existing investors also participating including Idinvest, Bpifrance, Ginko Ventures, KPN, Orange Digital Ventures, Swisscom and Foxconn.
Recruitment software company Beamery has raised $5 million in fresh funding from Index Ventures. Other participants in the round include Edenred Capital Partners, GP Ventures, and LocalGlobe. London-based Beamery’s software is used by companies to screen and acquire the best job candidates by combining CRM features and AI, which treats “candidates like valued customers”. The […]