PICadvanced (PICa), a Portuguese developer of optics and photonics solutions for telecom applications, has raised a €4 million Series A led by Verizon Ventures, with support from 200M Co-investment Fund managed by PME Investimentos. Founded in 2014 and based in Ílhavo, Portugal, PICa has been developing optoelectronic transceivers for a new telecommunications network standard called […]
Israeli AI-based analytics platform Zencity has raised $13.5 million in a funding round led by TLV Partners and joined by Salesforce Ventures. Existing investors Canaan Partners Israel, Vertex Ventures, M12 and i3 Equity Partners also participated. The platform monitors discourse in digital channels, amassing millions of resident-generated data points. The data is then provided to […]
DyeMansion, a Munich-based industrial 3D printing company, has raised $14 million in Series B funding. Danish growth fund Nordic Alpha Partners joined the startup’s existing investors UVC Partners, btov Partners, KGAL and AM Ventures. The company offers finishing systems, packaged in a three-step ‘Print-to-Product’ workflow, which take freshly 3D printed parts and finalise the production […]
Arkessa, a British-born IoT connectivity provider, is acquiring Sim Services, a Netherlands-based connectivity services provider. The acquisition will allow Arkessa to strengthen its presence in the Netherlands. Founded in 2009, the UK company serves a variety of verticals and has offices in Europe and the US. Its service allows users to design, deploy and manage […]
After recently launching Parentalist, its new platform for discovering and exchanging tips for parents, Bsit Technologies has acquired Paris-based Karamel, an app that helps find and reserve activities for children. Details of the deal were not disclosed. Brussels-based Bsit, which operates in France and the Benelux region, is an app that helps parents find babysitters, […]
Lick Home, a direct-to-consumer home decor brand launched in the UK during the coronavirus lockdown, has raised a £3 million round led by Felix Capital, a London-based VC that has previously invested in digital lifestyle platforms such as Farfetch, Peloton, goop and Deliveroo. Picking up on a trend of DIY home decorating projects over the […]
Facebook has announced that applications are open for ‘Facebook Accelerator: Commerce’, which is welcoming startup teams from Europe, Middle East and Africa who are developing e-commerce solutions. Such tools could be AI-powered catalogue management or immersive shopping experiences using AR; any solution that helps “bridge the gap between online and in-store experiences.” The new initiative […]
