Andrii Degeler

Journalist and podcast host based in the Netherlands. Covering all things technology since 2007 for Tech.eu, Engadget, TNW, Ars Technica UK, the Kyiv Post, and more.

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Germany’s XAIN raises €6 million for its blockchain-based AI network solution

Oxford-founded and Berlin-based startup XAIN AG has raised €6 million in a seed funding round led by Earlybird. The company, which won Porsche’s Blockchain Innovation Contest in 2017, is working on a blockchain-based protocol that would allow to securely control access to data, resources, and machines in IoT environments. Together with Porsche, the team of […]

Report: European seed investors jump at AI and SaaS startups but shun e-commerce

More than 60 percent of European seed-stage investors are most excited about artificial intelligence, SaaS, and marketplace applications, according to a new “Sentiment of Seed Investors in Europe” report launched today by Mosaic Ventures, a London-based VC firm. At the same time, some two thirds of the 60 surveyed investors name e-commerce as the sector […]

German startup Stocard raises $20 million to move beyond loyalty cards and double the team

Germany-founded mobile loyalty wallet startup Stocard has announced raising $20 million in a round led by Macquarie Capital, with follow-on funding from original investors Shortcut, Alstin, Rocketship, High-Tech Gründerfonds, and Engelhorn. The company says it will use the capital injection to hire 40 new employees and expand geographically by opening an office in Paris today […]