Annie Musgrove


FAZUA gets €15 million financing to drive growth of e-bike system

FAZUA, the Munich-based startup that develops drive systems for e-bikes, has announced €15 million in growth financing, led by UVC Partners. The European Investment Bank (EIB) loaned €12 million in venture debt, backed by the European Fund for Strategic Investments. A while before the micromobility trend manifested as rentable street scooters, FAZUA began in 2013 […]


Cyprio wins Women Who Tech award for breakthrough 3D cell modelling

Healthtech startup Cyprio won the European Women Startup Challenge, announced last night in Paris by Women Who Tech. As a reward for its groundbreaking biomedical technology, Cyprio received an equity-free $50,000 cash grant to scale the business. Based in Paris, the startup is redefining 3D cell research and tissue engineering, developing better predictive research tools […]


eFounders’ portfolio exceeds $100 million ARR, with over $1 billion valuation

The French-Belgian startup studio eFounders has announced new portfolio numbers that hit a couple significant milestones. The studio’s portfolio, which includes Front, Aircall, Spendesk, and Mailjet, has a combined revenue of over $100 million Annual Recurring Revenue (ARR). The total valuation of its 23 software companies has surpassed $1 billion. All 23 of these companies eFounders […]


Abzu raises €1.75 million to democratize AI and put Europe on the map

Pan-European startup Abzu has raised €1.75 million in seed funding, led by Inventure and PreSeed Ventures. Based dually in Copenhagen and Barcelona, Abzu is creating a B2B SaaS platform to make AI technology and solutions more commercially accessible. In the popular parlance of today, the company is trying to “democratize” artificial intelligence. “If AI is […]


83North announces new $300 million fund, tipping total capital over $1 billion

International VC firm 83North announced a new fund worth $300 million. This tips the firm’s capital under management over a major milestone, totalling $1.1 billion. The fund was led by General Partner Laurel Bowden, who has recently seen four multi-billion dollar exits: Just Eat, Hybris, iZettle, and Qlik. The new fund will go toward consumer […]


Dialog Semiconductor will buy Creative Chips, expanding into industrial IoT

UK-based chip designer Dialog Semiconductor is buying Germany’s Creative Chips to add industrial internet of things (IoT) to its portfolio and pursue “ambitions in the Industry 4.0 market.” Dialog’s acquisition of the mid-size manufacturer will increase its sales in the area of wireless low power connectivity, configurable mixed-signal and power management integrated circuits, the company […]