Wexford, Ireland-based e-commerce and logistics optimiser Scurri secures €9 million, sets Brexitland in its sights

Irish e-commerce ordering, shipping, and delivery process optimiser Scurri has raised €9 million in a funding round led by Gresham House Ventures. The round also saw the return of existing investors including family offices represented by Millview Advisory, and Pa Nolan. Previous investors in the company include Act Venture Capital, Enterprise Ireland, and Episode 1. […]

Today in European Tech: Draper Esprit to raise £111 million, Immersive Labs nabs $75 million, IPO plans for OVH and Mister Spex

Hello! Here’s what happened today in European Tech. Deals – Germany-based online optician Mister Spex has confirmed its plans to go public on the stock exchange. The eyewear retailer targets a Q3 IPO to raise roughly €225 million. – European online fashion platform ABOUT YOU has set the final offer for its private placement at […]

Stockholm’s micro-mobility startup Vässla raises $11 million, launches new e-bikes and rental platform

Stockholm-based electric scooter maker Vässla has raised $11 million in a new funding round led by the family-owned investment group headed by Anders Pettersson, Skabholmen Invest. The raise also saw participation from unnamed institutional investors, and notable angel investors eEquity founders Magnus Wiberg and Patrik Hedelin. With this new capital, Vässla reports the launch of […]

London’s Draper Esprit intends to raise £111 million via PrimaryBid, charges full steam ahead

London’s publicly-listed VC firm Draper Esprit (AIM: GROW, Euronext Growth: GRW) has announced its intention to raise £111 million via a placing of 13,299,278 Ordinary Shares (Placing Shares) and 603,500 Ordinary Shares (PrimaryBid Shares). The PrimaryBid Offer is conditional on the Placing, but the Placing is not conditional on the PrimaryBid Offer. While Draper Esprit […]

Scaling up internationally from France: le good, la bad and l’ugly

France’s tech sector has been on a tear for years now, even before French president Emmanuel Macron announced his ambition to transform the country into a “unicorn nation,” launching a bunch of tech business initiatives to foster home-grown startups and attract foreign ones.  In its 2020 French Venture Capital Barometer, consultancy EY said that during […]

Bristol-based cybersecurity skills trainer Immersive Labs raises $75 million in Series C round

Bristol’s Immersive Labs, which measures and helps companies improve cybersecurity skills across technical and non-technical teams has raised $75 million in a Series C round led by new investors Insight Partners The round also saw participation from Menlo Ventures, Citi Ventures, and existing investor Goldman Sachs Asset Management. Immersive Labs is reporting that the new […]