French startup Agicap, creator of a SaaS tool for cash flow management, has raised €15 million in a round led by Partech, just seven months after BlackFin Capital Partners led the company’s €2.4 million seed round. BlackFin and Kima Ventures invested again. Agicap offers a real-time view of a business’ cash flow by integrating bank […]
Stockholm-based Sinch is set to buy part of Germany’s SAP, a communications unit called SAP Digital Interconnect (SDI), for €225 million on a cash and debt-free basis. SDI provides cloud-communication products to enterprise clients, and the Swedish company will acquire all assets and intellectual property as part of the deal. In a press release, Sinch […]
Back Market, the Paris-based online marketplace for refurbished electronics, has raised $120 million from Goldman Sachs, Aglaé Ventures (the venture arm of Groupe Arnault), and Eurazeo Growth. “Back Market has a clear mission to build a category leader in the circular economy, supporting the world’s transition to more sustainable consumption,” says Alexandre Flavier, an investor […]
Omilia, a Cyprus-based machine learning company, has secured $20 million in funding from Grafton Capital to continue expanding its conversational AI technology, built for the customer care needs of global enterprises. This is Omilia’s first fundraising of outside investment. In what it considers “one of the few categories of AI that is already delivering significant […]
This week, Andrii Degeler is joined by Roxanne Varza, director of Station F, to talk about why European startups avoid the topic of downsizing. Then, later in the show, you’ll hear from Wil Benton about the ATI Boeing Accelerator and why there are so few actual aviation startups in accelerators launched by airlines and plane manufacturers.
Oxwash, a UK service applying advanced sterilisation technology to everyday laundry, has secured a £1.4 million investment from TrueSight Ventures, Twitter’s Biz Stone, founder of Indeed.com Paul Forster, Founders Factory and other angels. In the last two months, the startup has adapted its service and partnered with the NHS to help front-line medical workers and […]
London-based fintech company Flagstone, developer of a cash deposit marketplace, has raised £12 million in a funding round led by OMERS Ventures, with support from existing investors such as Kindred Capital and Moneysupermarket Group, a holding company of various financial service providers. Attracting businesses and charities as well as individuals, the marketplace provides access to […]