Dan Taylor

European News Desk Editor

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Berlin-based micro-mobility firm TIER acquires app maker Makery, establishes new tech hub in Budapest

Investing in and developing their presence in the CEE region, Berlin-based TIER has acquired Budapest’s app maker Makery. Financials were not disclosed. The acquisition of Makery will represent TIER’s largest tech-focused office outside of Berlin and London, and Budapest will serve as the tech hub of TIER’s planned expansion into Central and Eastern Europe later […]

Y Combinator-backed financial data collaboration platform Abacum raises $7 million in round led by Creandum

Barcelona-based real-time financial and operational data collaboration tool Abacum has raised $7 million in a round led by Creandum. Existing investors Y Combinator, PROFounders, and K-Fund also participated, as well as angel investors Justin Kan (Atrium and Twitch), Maximilian Tayenthal (N26), Thomas Lehrman (GLG), Avi Meir (TravelPerk), Jenny Bloom (Zapier), and Mike Asher ( Neo4j). […]

London-based open banking platform TrueLayer raises $70 million in Series D round

London-based TrueLayer has raised $70 million in a Series D round bringing the fintech’s total capital raised to $142 million. The round was led by new investor Addition, and saw participation from existing investors including Anthemis Group, Connect Ventures, Mouro Capital, Northzone, and Temasek. Additional investors in the round include Visionaries Club, Surojit Chatterjee (CPO […]

Norway’s online grocer Kolonial bags €220 million, rebrands as Oda

As with just about every aspect of our former non-digital lives, the global pandemic has rapidly accelerated changes that were bound to come. And if it wasn’t already apparent, Oslo-based Kolonial’s raise of ~€220 million (2.2 billion NOK) is yet another indicator of the already red hot European online grocery delivery sector. The round was […]