Mary Loritz

Freelance journalist and researcher covering tech and business topics for I've formerly worked for NGOs in the US as a reporter, editor, researcher, organizer, and entrepreneur.

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Farmstand raises $3 million to make a healthier diet accessible to everyone

Farmstand, a London-based, plant-powered food company, has raised $3 million in a Series A financing round. The investment was led by London-based Kindred Capital. Farmstand offers healthy food that can be ordered online or purchased at a growing number of physical locations. “Eating a plant-powered diet increases your chances of living a happy, active life,” […]

Spanish WiZink acquires fintech startup Aplazame

Spanish WiZink Bank has acquired 100% of the Madrid-based fintech startup Aplazame, which specialises in instant consumer credit solutions for online purchases. Aplazame will continue to operate independently led by its CEO and founder, Fernando Cabello-Astolfi. WiZink has explained that with the acquisition it seeks to deepen its involvement in ecommerce and fintech, in order […]

Austrian pre-seed fund Pioneers Ventures restructures as Speedinvest takes on its portfolio

Vienna-based pre-seed venture capital fund Pioneers Ventures, which was founded in 2015 by Pioneers and Speedinvest, has a new structure. Speedinvest is taking over more than thirty of Pioneers Ventures’ existing investments in business tech, consumer tech, fintech, and healthtech, and integrating them into its portfolio. The current Pioneers Ventures management team will also move […]

Insurtech startup FloodFlash raises £1.9 million in seed funding

London-based insurtech startup FloodFlash, which offers a new way for customers to insure previously uninsurable flood risks, has raised £1.9 million in seed funding from LocalGlobe, Pentech Ventures and InsurTech Gateway. FloodFlash has developed a tech-based approach that makes flood insurance available to everyone, including those with the highest flood risk. The startup’s policy pays […]

Swiss startup Scandit raises $30 million to integrate more objects into the Internet of Things

Swiss mobile computer vision startup Scandit, which scans products to incorporate them in the Internet of Things, has raised a $30 million Series B financing round. The investment was led by GV, with participation from NGP Capital and existing investor Atomico, among others. Companies in industries such as retail, transportation and logistics, manufacturing, and healthcare […]

UK-based AI startup Healx raised $10 million to find rare disease treatments

Healx, a Cambridge-based medtech company that uses AI to discover and develop treatments for rare diseases, has announced a $10 million Series A funding round. The investment was led by Balderton Capital, with participation from existing investors Jonathan Milner and Amadeus Capital. Rare diseases affect 350 million people worldwide - or 1 in 20 people […]