Belgium’s Collibra reportedly raises €40 million from ICONIQ Capital

Belgian data governance company Collibra has reportedly raised €40 million in a funding round led by ICONIQ Capital, the investment firm linked with Mark Zuckerberg and several other Silicon Valley elites. Sky News reports that the round will value the data startup at €325 million. A spokesperson for Collibra told Tech.eu that it had no […]

Russia’s Geosplit raises $1.5 million for its oil and gas well monitoring tech

Geosplit, a Russian startup making technology for monitoring oil and gas wells, has raised $1.5 million from Rusnano Sistema Sicar, the private equity fund co-run by Russian conglomerate Sistema and government-backed fund Rusnano. Geosplit develops technology for monitoring well flows in downhole operations using markers for examining the well’s production process and safety, which can […]

Splitty raises $2.4 million for its hotel search platform

Travel tech startup Splitty has raised a seed round of $2.4 million from Techstars Ventures, Techstars Accelerator, AOL, and BIP Capital. Israel-based Splitty aggregates different rates from various travel wholesalers and online travel agencies. “Too many sites claim better prices but then deliver the exact same options as every other site and only marginal savings,” […]

French ride-hailing app Chauffeur Privé acquired by Daimler

Automotive giant Daimler has acquired a majority stake in French ride-hailing app Chauffeur Privé. No terms for the deal have been disclosed. Founded in 2011, the French Uber rival has 1.5 million users and 18,000 drivers, operating in Paris, Lyon, and at the Côte d’Azur. The startup raised €5 million in 2015 from Xange and […]

Fortino Capital takes majority stake in Belgian software company MobileXpense for €20 million

Belgian investment firm Fortino Capital has invested €20 million and taken a majority stake in Brussels software company MobileXpense. MobileXpense, founded in 2000, builds travel and expense management software that integrates with other ERP systems. It has clients in the public and private sector. The next steps for the company involve expanding internationally and reaching […]

Fly Ventures raises $41 million for its AI-enabled seed stage fund

Berlin-based VC Fly Ventures has closed a $41 million fund that uses AI and machine learning to find young startups to invest in. The fund is led by Stephan Seyboth, Gabriel Matuschka, and Fredrik Bergenlid, who all have experience in other VC firms or major tech companies like Google. Backers of the fund include Korelya […]