Dan Taylor

European News Desk Editor

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Amsterdam-based social meeting platform Mibo raises €1 million in round led by Peak Capital

Dutch social meeting platform Mibo has raised €1 million in a fresh funding round led by Amsterdam-based Peak Capital. The company is reporting that the new capital will be used to further develop the platform, fuel international growth, and built out partnerships. These partnerships include platform integrations and custom third-party designed social experiences. And as […]

Portugal-based hrtech Coverflex raises €5 million in pre-seed round to remodel employee compensation

Portugal’s flexible compensation solution Coverflex has raised €5 million in pre-seed funding and seeks to reduce corporate costs and maximise employee’s earning potential. The raise was led by Breega, and saw participation from the 200M Fund and unnamed Portuguese angel investors. The funding is expected to fuel international rollout and recruitment efforts. “The way we […]

Berlin’s ultra-secure collaboration platform Wire raises $21 million in Series B round

Berlin-based collaboration platform Wire has closed a $21 million Series B round led by UVC Partners, with participation from existing investors Iconical, Morpheus Ventures, Elysium Venture Capital and One Way Ventures. Wire reports that they’ll be using the funding to continue expansion plans, further develop their technology and platform offerings, and expand the headcount. “Our […]

London’s e-commerce SaaS solution Techsembly raises £1 million, sets Shopify and Magento in its sights

London-based multi-store, mutli-vendor e-commerce solution for global scaling platform Techsembly has raised £1 million from SuperSeed Ventures and a number of undisclosed private investors. The funding is expected to be used to assemble a cross-marketing team that will initially target European and Asian markets.  “The opportunity to scale is huge. Amy and the Techsembly team […]

London-based Hashiona raises €450,000 in pre-seed funding to support Hashimoto and autoimmune-diseases patients

London’s all-in-one Hashimoto support app Hashiona has raised €450,000 in pre-seed funding from Draper University, KAYA, DFRI, Calm/Storm, and angel investors Slawek Szymankiewicz, Pawel Wozniak, and Daniel Świątkowski Hashimoto is a condition where the immune system attacks the thyroid, the main production house of hormones that coordinate a large number of the body’s functions. In […]

Ozon signs agreement to purchase Oney Bank for up to $10 million

Moscow-based e-commerce platform Ozon has signed an agreement to purchase Oney Bank from Russia’s third-largest privately-owned bank, Sovcombank. Subject to regulatory approvals, the transaction will happen in cash, and is not expected to exceed $10 million.  With the acquisition of Oney Bank, Ozon effectively buys the necessary set of licenses needed to flesh out the […]