Three entrepreneurs in Finland have launched 52nd Ventures, the first Nordic venture builder, to cultivate the Finnish startup ecosystem and strengthen economic prospects for companies, employees, and the country as a whole. Taneli Tikka, Mikko Riikkinen, and Stefano Mosconi all have a sober but aspirational outlook on the state of tech in Finland. Simply put, […]
London-based Deliveroo announced that the company’s sales rose by £200 million in 2018. The growth is hard to miss. The food delivery platform was named Europe’s second-fastest growing company by the Financial Times, and was the first to top Deloitte’s UK Fast 50 two years in a row. Overall global sales rose to £476 million, […]
Bnext, Spain’s leading mobile-first neo-bank, closed a $25 million funding round, the largest Series A awarded to a Spanish fintech company thus far. The round was led by DN Capital, Redalpine, and Speedinvest, with support from existing investors Founders Future and Mexico-based Cometa. Since its launch in early 2018, Bnext has become the leading neo-bank […]
Munich-based wealthpilot, a digital solution for financial advisors, has raised €2.6 million from new and existing investors, including Bayern Kapital, the venture capital organization of Bavaria. The fintech startup’s hybrid approach to wealth management combines personalized advice with software-as-a-service (SaaS), allowing customers to bring their personal advisory services into the 21st century. Such customers include […]
UK-based SenSat has raised a $10 million Series A round to further develop its AI mapping technology with an eye on digitising new markets and promoting sustainability at the same time. The round was led by Tencent, with participation from Sistema Venture Capital. The primary (or initial) market for SenSat’s Mapp® product is infrastructure, one […]
Mainframe Industries, a pan-Nordic game venture with studios in Helsinki and Reykjavik, launched today with a €2 million seed round from early-stage tech and gaming investors such as Maki.vs, Play Ventures, Crowberry Capital, and Sisu Game Ventures. Thirteen veteran game developers bound together to create Mainframe Industries, with a shared mission to create the first […]
Pitch, a collaborative presentation software from the creators of Wunderlist, is now available to select companies and teams. Thrive Capital invested $30 million in the new company, extending its original support for Wunderkind to the creators’ new venture. This investment comes just a year after a $19 million round from Index Ventures, BlueYard, Slack, and […]
