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European tech weekly recap: Over €910M invested into the tech ecosystem, around 75% collected by 10 biggest deals
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John Reynolds
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John is a London-based freelance journalist who writes for a number of British national newspapers and trade titles.
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John is a London-based freelance journalist who writes for a number of British national newspapers and trade titles.
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Fintech
Klarna Q1 revenues climb to $700M but losses widen
Klarna today said US growth has helped lift revenues 13 per cent year-on-year to $701m in Q1,…
John Reynolds
21 hours ago
Fintech
Revolut picks Paris as Western Europe HQ, applies for French banking licence
Revolut says it will invest over €1 billion in France, where it will apply for a banking…
John Reynolds
1 day ago
Artificial Intelligence
Salesforce acquires UK AI startup Convergence one year after launch
US SaaS giant Salesforce has snapped up London-based AI agent startup Convergence, which was…
John Reynolds
15 May 2025
VC Fund
Trump “biggest force of good for European venture”, says European VC founder
President Trump is the “biggest force of good for European venture”, according to the…
John Reynolds
15 May 2025
Fintech
Zopa raises £80m in first LSE bond listing, says IPO not priority
Zopa Bank, the UK savings and lending bank, has raised £80m via listing a bond on the London…
John Reynolds
14 May 2025
Artificial Intelligence
Anthropic met UK tech secretary every month in Q1, AI energy demands discussed
US AI firm Anthropic met the UK science, innovation and technology secretary every month in Q1…
John Reynolds
13 May 2025
VC Fund
PayPal backer questions “energy and passion” of minority stake co-founders
A partner at VC firm Plug and Play today stressed the importance of co-founders having an equal…
John Reynolds
09 May 2025
Interviews
“Smaller opportunistic” acquisitions likely to follow DoorDash purchase of Deliveroo, says Glovo founder
The co-founder of Glovo, the Spanish food…
John Reynolds
08 May 2025
Fintech
Visa makes “strategic investment” in stablecoin infrastructure startup BVNK
Visa has made a “strategic investment” in stablecoin infrastructure startup BVNK. The…
John Reynolds
06 May 2025
Artificial Intelligence
“We are sprinting towards implementation of our first chip”, says UK startup in AI inference race
The founder of a UK chip developer looking to…
John Reynolds
06 May 2025
Artificial Intelligence
Founder of a16z-backed 11x steps down as CEO
The founder of hyped UK AI startup 11x is standing down as CEO, saying “different growth phases…
John Reynolds
06 May 2025
Fintech
Solaris co-founder takes legal action over SBI takeover
A co-founder of German banking technology provider Solaris is taking legal action against…
John Reynolds
06 May 2025
Logistics & Transportation
Heart Aerospace scraps Swedish operations, 75 roles axed in US move
Swedish hybrid-electric aeroplane maker Heart Aerospace is scrapping its Swedish operations and…
John Reynolds
30 April 2025
Fintech
Dutch neobank Bunq expands into crypto trading
Bunq is bringing crypto trading to its app, ahead of plans to launch its banking services…
John Reynolds
30 April 2025
VC Fund
20VC’s Stebbings: "I don’t actually want to be Andreessen"
He might have cold emailed Marc Andreessen 53 times before the US billionaire investor agreed…
John Reynolds
29 April 2025
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John Reynolds
Writer