ePlane, a Cypriot startup that created an online marketplace for aircraft parts, has raised a $9 million Series A led by the Japanese corporation, Marubeni. Essentially, the ePlane platform digitises the procurement process for aviation companies, allowing users to buy or sell, loan or exchange airplane parts. The aptly-named Autopilot is an algorithmic matching feature, […]
UnderPinned, a London-based startup creating a career platform for freelancers, has raised £500,000 in a three-week campaign on Crowdcube. In exchange, the company offered up a total of 8 percent equity to the 232 backers. Launched two years ago by now 23-year-old Albert Azis-Clauson, the career management platform is designed to be a one-stop shop […]
This week, Andrii Degeler, Natalie Novick, and Robin Wauters discuss how VCs change their way in the challenging times, and whether it’s a good idea for founders to come forward and name the names of those trying to take advantage of entrepreneurs. Also expect to hear the latest on how e-scooter companies cope with the coronavirus outbreak and enjoy a beautiful music track from Finland.
Lilium, the German startup developing an electric jet and on-demand flight taxi service, has raised a whopping €224 million in an internal round led by Tencent, with London’s VC Atomico and US-based Obvious Ventures investing again as well. Founder Daniel Wiegand says the startup will use the massive funding for development and flight tests, as […]
Cazoo, the UK platform for online car sales, has raised £100 million in a round led by DMG Ventures alongside other investors including General Catalyst, CNP (Groupe Frère), Mubadala Capital, Octopus Ventures, Eight Roads Ventures and Stride.VC. Cazoo owns and fully reconditions all its cars before offering them for sale on the marketplace, then delivering […]
These were the 10 biggest European tech stories this week
German startup jumingo, a digital mail order marketplace, has raised around €1 million from German angel investors, led by Tim Schumacher (TS Ventures) with continued support from previous investors Ryan Hood and Arno Nonnen. Jumingo digitises shipping services, connecting e-commerce shops, marketplaces and management tools to one network of shipping providers. The company reports that […]