upcloud tech.eu

Helsinki-based UpCloud raises €18 million to rapidly grow its team and cloud computing services

UpCloud, the Helsinki-based provider of cloud servers, has secured €18 million of equity and debt funding. The round was led by Connected Capital & Partners, a Netherlands-based B2B software growth investor, with participation from Finnish Industry Investment, a state-owned investment company, and Inventure, an existing UpCloud investor from 2016. Founded in 2011, UpCloud serves small-to-medium […]

Personio tech.eu

Personio books $75 million Series C, led by Accel, to grow its HR software for small business

Munich-based Personio, an HR software for small and medium-sized businesses, has secured a $75 million Series C round led by Accel. The round was also supported by Lightspeed Venture Partners, Lars Dalgaard, and previous investors such as Index Ventures, Northzone, Global Founders Capital, and Picus Capital. The Bavarian startup has developed a cloud-based software that […]

Seekyo tech.eu

French biotech Seekyo raises €800,000 to test its tumor-targeting smart chemotherapy

Seekyo, a Poitiers-based biotech startup developing new chemotherapies, has raised €800,000 in seed funding to validate its flagship tumor-targeting drug. The financing consists of €400,000 from angel investors in the BAdGE, Investessor, and Synergence networks; a €150,000 loan from the European Investment Fund (EIF) Investment Initiation; and €250,000 in convertible bonds from the French Tech […]

Katana tech.eu

Tallinn-based Katana raises $3.9 million to help direct-to-consumer manufacturers scale smartly

Katana, the Tallinn-based “smart manufacturing” software, has raised $3.9 million to help direct-to-consumer manufacturers scale their business. The financing includes $2.2 million from Munich-based seed investor 42CAP, as well as existing investors. It also includes the conversion of a $1.7 million pre-seed convertible note from late 2018, financed by angel investors. For many small or […]