Tech.eu Podcast #101: TransferWise in Brussels; more money for N26 and Horizn; Alibaba’s activity in Europe; and more

In today’s Tech.eu Podcast, Natalie Novick, Andrii Degeler, and Robin Wauters talk about TransferWise opening an office in Brussels, funding rounds for Horizn and N26, the acquisition of data Artisans by Alibaba Group, and much more. The episode also features a pre-recorded interview with Jeff Lynn, co-founder and executive chairman at Seedrs, an equity crowdfunding platform that’s been pretty successful in Europe.

Swiss-headquartered data management company Veeam raises a whopping $500 million from Insight VP

Swiss-headquartered Veeam, a provider of data backup solutions for enterprise customers, has raised a monster of a round of $500 million led by Insight Venture Partners, with participation from Canada Pension Plan Investment Board (CPPIB). This is the first publicly announced capital injection for the 12-year-old company. According to the company’s numbers, it has more […]

British machine learning deployment startup Seldon secures £2.7 million from Amadeus Capital Partners

London-based machine learning (ML) deployment launchpad Seldon has landed a £2.7 million funding round led by Amadeus Capital Partners alongside Global Brain Corporation, Techstars, and other existing investors. The startup has created Seldon Core, an open-source ML deployment platform that supposedly makes it easier to manage and optimise ML models at scale, which had more […]

Danish drone startup QuadSAT lands £700,000 in funding

Danish drone-enabled antenna testing startup QuadSAT has raised £700,000 in funding led by Vaekstfonden (the Danish Growth Fund), with participation from Seraphim Capital and existing investors. The company plans to use the funding to bring its antenna-testing platform initially focused on maritime and aeronautical applications to the satellite communications industry. Founded in 2017, QuadSAT has […]

UK-based space communications startup Isotropic Systems raises $14 million from Boeing HorizonX

UK-founded integrated satellite terminal solution provider Isotropic Systems has landed a $14 million funding round led by Boeing HorizonX Ventures, with participation from WML, Space Angels, and Space Capital. The startup claims to have developed terminal solutions for satellite communications that are more power-efficient and cost-effective than what’s currently being used. This was made possible […]

Currency.com from Belarus raises $8 million and launches a tokenised securities trading platform

Minsk-based Currency.com, a company affiliated with the trading platform Capital.com, has raised $8 million in funding from Larnabel Ventures and VP Capital. The startup has also announced the launch of what it claims to be “the world’s first fully-functional trading platform for tokenised securities.” The newly-launched platform allows investors “trade, invest in, and benefit from […]