byFounders, an early-stage VC firm based in Copenhagen and San Francisco and backed by over 50 startup founders, has closed its first fund at €100 million. The firm plans to make about 30 investments — primarily in seed-stage and Series A startups — in the Baltics and Nordics over the next three years. Among byFounders’ […]
Israel-founded “electronics health” startup proteanTecs has landed a $35 million funding round from a group of VCs including Avigdor Willenz, Intel Capital, ITI Venture Capital Partners, Mitsubishi UFJ Capital, Redline Capital Management S.A., Viola Ventures, WRVI Capital, Zeev Ventures, and others. This round brings the total amount raised by the company to some $50 million. […]
WebARX, an Estonian-founded web security startup has announced their second investment round. The six-figure investment was led by Spanish cybersecurity company Open Data Security and Estonia’s LIFT99. WebARX protects websites and customer data through a web security platform that provides firewall capabilities, software management, and continuous security monitoring and reporting. Currently, WebARX protects over 100,000 […]
French online DIY marketplace ManoMano has raised a €110 million funding round from Eurazeo, Aglaé Venture, and Bpifrance, as well as existing investors CM-CIC, Partech, Piton, and General Atlantic. Founded in 2013, ManoMano has raised a total of €186 million, including the current round. The startup claims to have 2.5 million customers and attract 20 […]
Perion Network, an Israel-based internet company, has acquired Ukrainian AI startup Septa Communications, better known as Captain Growth; Perion stated that the total amount of the deal is $3.75 million, which consists of a cash payment at closing and earn-outs that are to be paid within two years provided the startup reaches its performance goals. […]
The British-Greek cybersecurity startup Hack the Box has announced a $1.3M investment to further their effort in becoming the world’s largest hacker community. As more and more data is collected online, companies become increasingly vulnerable to data breaches. Last month, 2.1 billion records were leaked by cyber attacks. Despite the impact of these security incidents, […]
German business social network XING has acquired the Berlin-based IT job platform Honeypot for €22 million, with another €35 million in earn-outs to be paid within the next three years if the company hits the unspecified “ambitious operating targets.” Honeypot operates an “inverted job board” for technical talent, in which companies send applications to candidates, not […]