Database provider MariaDB secures €25 million from European Investment Bank

MariaDB, an open source database provider, has secured €25 million in funding from the European Investment Bank (EIB) to increase its client base globally. The investment comes via the European Fund for Strategic Investments (EFSI), a component of the European Commission’s Investment Plan for Europe. The Finland-based company will use the new funds to hire […]

Token raises $15.7 million to help banks comply with EU policies

Fintech startup Token has announced a Series A round of $15.7 million for its banking platform that helps financial services stay in line with EU regulations. The funding round comes from Stockholm’s EQT Ventures, London’s Octopus Ventures, and Helsinki’s OP Financial Group. Token is headquartered in San Francisco, with a London office, and was founded […]

Nokia invests in French R&D body bcom to advance 5G development

Nokia has announced an investment in French research and development centre bcom to advance the development of 5G. No figures have been disclosed. From this month Nokia Bell Labs and bcom’s network and security team will begin developing their 5G strategies for the future. According to bcom’s statement, its teams will be collaborating with the […]