Dan Taylor

European News Desk Editor

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Tallinn’s seed-stage focused Tera Ventures closes €43 million fund

Tallinn-based Tera Ventures has closed a new fund, topping out at €43 million, with a global base of limited partners participating.  Tera will now count the European Investment Fund, under the EstFund,  LHV Pension Funds, ITOCHU Corporation, Mistletoe Venture Partners International, Perot Jain, MasterBorn, Inc., Eastport Strategies Principl Jonas E. Neihardt, as well as other […]

Berlin’s subscription tech-rental Grover raises €60 million in Series B round

Berlin-based consumer tech-subscription service Grover has raised €60 million in an oversubscribed Series B round. The round was led by JMS Capital-Everglen and saw participation from Viola Fintech, Assurant Ventures, Augmentum Fintech, Circularity Capital, Seedcamp, Samsung Next, and a number of unnamed founders and angel investors. The €60 million is comprised of €45 million in […]

Malta-based PeakBridge and EIT Food launch new €30 million seed fund, FoodSparks

Malta-based agritech VC fund manager PeakBridge and EIT Food have launched a new €30 million seed fund. Dubbed FoodSparks, the fund will invest in pan-European seed and early-stage startups focused on addressing food production, supply, and sustainability. The fund is slated to provide up to €30 million over the course of four years, with the […]

London’s healthcare review platform Doctify raises $7.5 million, plans German market entry

London-based review-your-healthcare-provider Doctify has raised an additional $7.5 million in its latest funding round, bringing their total raise to date to $20 million. The round was led by Keen Venture Partners and saw participation from Amadeus Capital and Guinness Asset Management, as well is private investor Thomas Teichman, whose previous investments include Lastminute.com, Made.com and […]

Paris-based Ynsect bugs out, acquires Dutch agTech Protifarm

Paris-based natural insect protein maker Ynsect has acquired Ermelo, Netherlands-based mealworm-ingredients-for-human-food maker Protifarm. No financials were provided, however, Protifarm’s lead investors Marvesa and P.O.T BV will become shareholders of Ynsect through the transaction. Through the acquisition, Ynsect is reporting the addition of a third production site which will ultimately deliver on the firm’s long-term strategic […]

Serbian cloud-based AI chip factory Anari AI raises $2 million in seed funding

Novi Sad, Serbia-based Anari AI has raised $2 million in seed funding led by Earlybird, with participation from Acequia Capital, Serbian Entrepreneurs, and angel investor and “The Lean Startup” author Eric Ries. Anari is a cloud-based AI chip factory that makes custom-designed AI chips available to all with just one click. Through this approach, Anari […]

Berlin-based Heal Capital invests in medtech Moray Medical

Mountain View, CA-based robotic surgery firm Moray Medical has closed a seed funding round totaling $5.7 million. Led by 415 Capital, the round saw participation from Berlin-based Heal Capital and a number of angel investors including the Angel Physicians Fund. The funding is expected to be used towards continuing the company’s delivery, navigation, and remote […]