Swedish investment powerhouse Kinnevik has committed to invest 0.9 billion Swedish kroner (roughly €86 million) in online grocer MatHem to increase its stake to 38%. Kinnevik announced that it will invest about €38 million in primary capital into the business, and the rest through secondary share purchases, to up its ownership. The investment company says […]
Limerick-founded Teckro has landed $25 million in a Series C funding round led by Northpond Ventures, with participation from Founders Fund, Sands Capital Ventures, Section 32, and Borealis Ventures. The total amount of funding secured by the company to date stands at $43 million. Teckro applies machine learning to the field of clinical trials, supposedly […]
Paris-based freelance platform Malt has landed $25 million in a funding round led by Idinvest, with participation from existing investors, ISAI and Serena, Maddyness reported. The company will use the capital injection to expand to two new countries, Germany and the Netherlands. Launched in 2014 in France, Malt has since then also expanded to Spain […]
This week, Andrii Degeler and Natalie Novick talk about the Copyright Directive and its consequences, the changes in the autotech and mobility landscape, making sense of VC funding numbers, life without the tech giants, and more. There’s also a fascinating interview with Claire Novorol, co-founder and chief medical officer of Ada Health.
British mobile-first digital banking startup Starling Bank has raised £75 million in funding, of which £60 million comes from a round led by Merian Global Investors, and another £15 million from an existing investor. The company plans to use the money to accelerate its European expansion and further develop the banking offering for private customers […]
Finnish programmatic video advertising company Thirdpresence has acquired video platform Flowplayer. Together, the companies plan to develop a contextual video and advertising product under the brand of Flowplayer led by former Thirdpresence CEO Valtteri Pukander. Thirdpresence has developed a video advertising that supposedly solves the fraud issues in the industry by applying AI algorithms. By […]
Correction: The story has been updated to reflect the correct amount ($13 million, not €30 million) and structure of the deal. Munich-based industrial IoT startup KONUX has raised $13 million in funding as an extension of its Series B round from investors including China’s Alibaba Group, according to the company’s press release and a report […]