Three international video game studios are the latest picks for Hiro Capital, a relatively new fund based in London and Luxembourg that focuses on video games, the metaverse, esports and digital fitness. The cheques totaled $15 million. The three mobile and cross-platform studios – Snowprint Studios in Stockholm/Berlin, Happy Volcano in Belgium and Double Loop […]
Subject to regulatory approval, Shell is to acquire all shares in German digital utility company Next Kraftwerke, buying from VC investors including High-Tech Gründerfonds (HTGF) and Neuhaus Partners, as well as investors Dirk Freise and Martin Ostermayer. Next Kraftwerke is a spin-off founded by two PhD students from the Institute of Energy Economics at the […]
Avokaado, a contract lifecycle management platform (CLM) out of Estonia, has secured €700,000 in pre-seed funding to continue expanding across Europe and into the UK. Avokaado is an all-in-one tool for managing document workflow within teams. Mariana Hagström, a former attorney-at-law and managing partner at a law firm, started the company in 2016 to solve […]
ZELF, a Latvian fintech startup creating a messenger-based neobank for Gen Z, has raised $2 million in a pre-seed funding round. The round was led by Austrian venture capital fund 3VC with backing from Seed Х and Hard Yaka. Other investors include Yair Goldfinger, co-founder of ICQ, and Chris Adelsbach, venture partner at Techstars and […]
TreeCard, a London startup that plants trees financed by customers’ everyday spending, has raised a $5.12 million seed round led by EQT Ventures, with participation from Seedcamp and Episode 1. TreeCard is a Mastercard (made of wood) that links with current bank accounts, making it easy for users to integrate into their usual spending habits. […]
German electric vehicle manufacturer e.GO Mobile has received over €30 million in Series B funding in a round conducted by nd Industrial Investments, the company’s majority shareholder. The fresh capital will kickstart production of the e.GO Life, a four-seater passenger car, at the company’s facility in Aachen this June. The limited edition vehicle is only […]
UK digital bank Atom Bank is to raise £40 million (about €46.4 million) from existing investors, and is planning to shoot for a public listing as early as next year. The company says it has will grow lending to SMEs on its balance sheet to over £700 million by the end of March 2021, and […]