Fully-Verified, an Estonian security startup offering video-based identity verification services, has raised an undisclosed amount of funding, in a round led by Pomerangels, a Polish VC fund, as well as entrepreneurs Krystian Stypuła and Samuli Koski-Lammi. The Baltic business helps confirm user identities for online services, helping organisations comply with online security regulations such as […]
Russian e-commerce platform Ozon has raised $50 million from US-based VC Princeville Capital, plus $100 million from existing investors Baring Vostok Capital Partners and Sistema. The round of financing is a convertible loan that can be turned into equity. “The Russian e-commerce market is experiencing significant growth driven by the increasing penetration of online sales […]
Qarnot Computing, a French company developing sustainable high performance computing (HPC), has raised a €6 million Series B round from Banque des Territoires, Caisse des Dépôts, Engie Rassembleur d’Énergies, A/O PropTech, and Groupe Casino. A combination of climate tech and cloud computing, Qarnot sells cloud computing capacity to clients. When its computer servers generate heat, […]
Proximity Data Centres, a regional edge colocation provider in the UK, has announced a new investment from ICG-Longbow, the real estate division of Intermediate Capital Group. The funding will fuel an £80 million rollout of new data centres across the region. Citing increasing data requirements driven by Industry 4.0 and the internet of things, Proximity […]
This week, we’ve got two interviews to share with you. The first one is with Kirill Bigay from Preply, a language learning startup from Ukraine that’s got pretty big news to share. The other is with Hjalmar Nordegren from Karma, a Swedish startup that fights food waste globally.
Bulgarian VC fund New Vision 3 and the Bulgarian American Credit Bank (BACB) have made new investments in two Sofia-based fintech startups. Paynetics, a payment service provider, received €2.5 million; and phyre, an e-wallet platform, received €1.55 million. “Fintech is one of the core market verticals in the investment strategy of our new fund — […]
Dublin-based edtech startup Code Institute has raised €1.2 million to expand its online learning platform internationally. The round was led by Kernel Capital, through the Bank of Ireland Kernel Capital Growth Funds, and Infinity Capital. The distance learning platform offers university-accredited courses on coding, used by individual learners as well as employees at enterprise companies […]