Dan Taylor

European News Desk Editor

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PSG acquires majority stake in Madrid-based end-to-end business software provider Nalanda Global

London/Boston/Kansas City-based PSG has acquired a majority stake in Madrid’s end-to-end business software provider Nalanda. Financials were not disclosed. The acquisition is slated to drive Nalanda’s international growth into new verticals and geographies via M&A activity. “Nalanda is a leading digital automation solution operating with a significant addressable market across multiple large sectors,” said Dany […]

London-based YHANGRY raises $1.5 million to ensure no one is ever hangry

Serving the need to make the most out of social gatherings in a COVID world, YHANGRY has raised $1.5 million, making it possible to book a private chef in a matter of seconds. The seed funding comes from angel investors including Eileen Burbidge (Passion Capital), Carmen Alfonso Rico (Blossom Capital), Martin Mignot (Index Ventures), Jack […]

London-based data extraction platform Kleene raises $1.5 million

SaaS data pipelining for scale-ups platform kleene has raised $1.5 million in their first funding round. Led by Episode 1, the round also saw participation from Superseed and unnamed angel investors. The capital is expected to be put towards expanding the team, delivering on the product road map (support for Microsoft’s Azure Synapse Analytics and Google’s BigQuery), […]

Stockholm-based electric boat maker X Shore pilots their way to €15 million

Stockholm-based modular electric boat brand X Shore has raised €15 million to propel production and industrialisation. The raise was led by Delivery Hero founder Lukasz Gadowski’s Team Europe holding company and saw participation from individual investors including Navin Thukkaram, founder and CEO of Innovation Bootcamp, and Marec Gasiun, former Head of Automotive Business Development at […]

Kiel-based open-source developer platform Gitpod raises $13 million

Open-source developer platform Gitpod has raised $13 million from General Catalyst with participation from Speedinvest, Crane Venture Partners and Vertex Ventures. Used by more than 350,000 developers worldwide, Gitpod helps automate everything a developer needs in order to start coding. I.e. engineering teams no longer have to manually establish local dev environments, saving hours of […]