French-founded Ifeelgoods scores $6 million to bolster its customer rewards platform

Ifeelgoods, the customer rewards platform founded by French entrepreneurs, has raised $6 million in funding from employee benefits and business services firm Up Group along with Idinvest and Tugboat Ventures. Ifeelgoods, which is now headquartered in Silicon Valley, has built a platform that allows businesses and brands to create and manage loyalty and promotional campaigns. […]

Siemens sets up new innovation and startups unit dubbed ‘next47’, with €1 billion in funding over five years

German engineering powerhouse Siemens today announced that it has set up an innovation unit named ‘next47’ (as the company was founded back in 1847) to “foster disruptive ideas more vigorously and to accelerate the development of new technologies”, more specifically in the fields of artificial intelligence, blockchain, autonomous machines and what it calls ‘decentralized electrification’. […]

Dealroom report: A deep dive into the online travel sector

Online travel continues to be one of the main e-commerce sectors worldwide, with some research firms estimating an annual global spent of $450 billion in 2014 alone. However, most travel segments (hotels, tour operators, traditional flights, cars, rails) are still over 60% dependent on offline and other channels, thus representing a new business opportunity for […]

Partech Ventures closes €400 million in financing for its growth fund

Global investment firm Partech Ventures has completed the final closing of its first growth fund, dubbed Partech Growth, with a total of €400 million. That’s double the first close - Partech initially secured funds totalling €200 million back in January 2015. Partech Growth intends to invest between €10 million and €50 million in tech scale-ups […]