Israeli-American delivery startup Bringg raises $25 million

Delivery logistics startup Bringg based in Israel and the US has raised $25 million in a Series C funding round from the Siemens-backed VC firm Next47 and existing investors, including Salesforce Ventures, Aleph VC, OG Ventures, Cambridge Capital, Coca-Cola Ituran, and Pereg Ventures. The deal comes almost exactly a year after the company’s previous $12 […]

UK-based payment platform AccessPay raises £9 million

Manchester-founded fintech startup AccessPay has landed a £9 million funding round led by Beringea. This is the first investment deal in the North of England Beringea made after opening an office in Manchester recently. Founded in 2012, AccessPay is a platform for business payments and cash management for finance and treasury teams, which connects corporate […]

UK-based enterprise analytics startup AVORA secures $6.5 million

UK-based business intelligence startup AVORA has landed $6.5 million in a funding round led by Albion VC and Crane, with participation from existing investors. The company plans to use the capital to develop an app marketplace to allow customers and third-party vendors to build solutions on top of its platform. AVORA’s analytics product gathers data from […]

British-Swedish workforce management solution provider Quinyx scores $25 million from Battery Ventures and others

Quinyx, a London/Stockholm-based provider of workforce management solutions, has raised a $25 million funding round from existing investors Alfvén & Didrikson, Battery Ventures and Zobito. Quinyx’s cloud-based software solutions help the likes of McDonald’s, London City Airport, Swarovski and Burger King manage employee scheduling, communication, task-management and payroll integration. The fresh cash will allow Quinyx […]

NuCom acquires a majority stake in Aroundhome for €140 million

NuCom, the e-commerce arm of the media company ProSiebenSat.1, has acquired a majority stake in Aroundhome, a German online broker for household products and services. NuCom increased its stake from 42 percent to 94 percent in a deal worth €140 million; it purchased a 42 percent stake from General Atlantic and the rest from the […]

Israel’s Magenta Venture Partners launches a $100 million VC fund

Magenta Venture Partners, a VC firm with Israeli and Japanese partners, has announced a new fund targeting $100 million. The fund saw an initial closing back in 2018 and is expected to be finalised by the end of this year. Magenta plans to invest in early-stage startups from Israel or related to the country in […]

Iceland-founded identity verification startup Authenteq raises $5 million

Authenteq, an identity verification startup with offices in Reykjavik and Berlin, has raised a $5 million round led by Draper Associates and capital300. The company plans raise more money, calling the current capital injection “the first close of two in their Series A round” and mentioning that it’s currently “in discussions with a few investors […]