UK-based fintech startup Revolut receives European banking licence

The challenger bank Revolut has just become an actual bank by securing a European licence, which it applied for through the Bank of Lithuania. The company plans to start offering protected current accounts, overdrafts, and loans in early 2019. Thanks to the EU’s “bank passport” system, the licence received in Lithuania allows Revolut to offer […]

Spanish luxury watch marketplace Chronoexpert raises €800,000

Bilbao-founded luxury watches marketplace Chronoexpert has landed €800,000 in a funding round led by K Fund, with participation from several business angels. The startup plans to use the capital injection for product development and expanding its team. The company has stated that about half of its sales come from international markets and mentioned Rolex, Cartier, […]

UK-based techspert.io lands £1 million for its AI-powered ‘expert finder’

Cambridge-founded startup techspert.io has raised £1 million in funding from the angel investor Simon Thorpe, Angel CoFund, John Spearman, GW Asia Capital Ltd, and Adrian Lloyd. Formerly known as Biotechspert, the company has decided to broaden its scope from finding experts in the biotech space to other industries. techspert.io has developed a search engine that […]

Dutch beertech startup MiniBrew raises €2.6 million

Utrecht-founded startup MiniBrew that produces automated home breweries has raised €2.6 million from undisclosed investors, Silicon Canals reported. The startup plans to expand across the EU in 2019 and enter the markets of North and South America in 2020. MiniBrew has developed a fully automated beer-brewing appliance that combines all the processes including fermentation. The […]

British AR optics startup WaveOptics raises £20 million

The UK-founded startup WaveOptics that designs and manufactures diffractive waveguides for AR wearables has raised £20 million in a funding round led by Octopus Ventures, with participation from IP Group, Robert Bosch Venture Capital, Gobi Partners, Goertek, and Optimas Capital Partners. Founded in 2014 in Abingdon, WaveOptics is offering a way to make the optical […]