Three international video game studios are the latest picks for Hiro Capital, a relatively new fund based in London and Luxembourg that focuses on video games, the metaverse, esports and digital fitness. The cheques totaled $15 million. The three mobile and cross-platform studios – Snowprint Studios in Stockholm/Berlin, Happy Volcano in Belgium and Double Loop […]
Subject to regulatory approval, Shell is to acquire all shares in German digital utility company Next Kraftwerke, buying from VC investors including High-Tech Gründerfonds (HTGF) and Neuhaus Partners, as well as investors Dirk Freise and Martin Ostermayer. Next Kraftwerke is a spin-off founded by two PhD students from the Institute of Energy Economics at the […]
Avokaado, a contract lifecycle management platform (CLM) out of Estonia, has secured €700,000 in pre-seed funding to continue expanding across Europe and into the UK. Avokaado is an all-in-one tool for managing document workflow within teams. Mariana Hagström, a former attorney-at-law and managing partner at a law firm, started the company in 2016 to solve […]
ZELF, a Latvian fintech startup creating a messenger-based neobank for Gen Z, has raised $2 million in a pre-seed funding round. The round was led by Austrian venture capital fund 3VC with backing from Seed Х and Hard Yaka. Other investors include Yair Goldfinger, co-founder of ICQ, and Chris Adelsbach, venture partner at Techstars and […]
TreeCard, a London startup that plants trees financed by customers’ everyday spending, has raised a $5.12 million seed round led by EQT Ventures, with participation from Seedcamp and Episode 1. TreeCard is a Mastercard (made of wood) that links with current bank accounts, making it easy for users to integrate into their usual spending habits. […]
German electric vehicle manufacturer e.GO Mobile has received over €30 million in Series B funding in a round conducted by nd Industrial Investments, the company’s majority shareholder. The fresh capital will kickstart production of the e.GO Life, a four-seater passenger car, at the company’s facility in Aachen this June. The limited edition vehicle is only […]
Nyobolt, a cutting-edge battery company out of Cambridge University, has secured $10 million in Series A round led by IQ Capital with participation from Cambridge Enterprise and Silicon Valley investors. Nyobolt, which grew out of years of research by chemists and engineers at Cambridge University, is led by Professor Clare Grey, a battery materials expert, […]