Draper Esprit pays €80 million for a stake in two Earlybird VC’s funds

London-based publicly listed VC Draper Esprit has announced its intention to acquire additional stakes in the previous funds of Earlybird VC, a German early-stage investor. Draper Esprit plans to pay €63 million for a 27 percent stake in the Earlybird IV fund (raised in 2009), and another $20 million for a 5 percent stake in […]

Six-month-old German e-scooter startup Flash raises €55 million

A new startup in the e-scooter space, Berlin-based Flash, has raised a gigantic Series A funding round of €55 million led by Target Global, the Financial Times reports. The startup was founded by Lukasz Gadowski, the co-founder of Delivery Hero, together with Uber and McKinsey alumni. Unlike many other e-scooter companies, including the US-founded industry pioneers […]

SpaceUp helps European space tech startups shoot for the stars

The EU Horizon 2020 programme has a broad remit to help support European startups and scale-ups. Now, their mission takes flight with SpaceUp, a comprehensive event series to assist the next generation of European companies in the space sector. To do this, SpaceUp is planning six Space Academies around Europe to connect European space tech startups with the […]

Dutch tax software startup TaxModel raises “around €1 million” from Newion

International tax software provider TaxModel has landed a Series A round of “around €1 million” from Newion Investments. Founded in 2005 in the Dutch city of ‘s-Hertogenbosch, TaxModel automates international direct tax workflows, including “transfer pricing, tax provisioning, forecasting, and supporting tools,” it stated in a press release. The startup claims to have over 80 customers, […]