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 […]
Startups have long endeavored to be disruptive, pushing established boundaries of business models. Increasingly, a growing number of companies have sought to disrupt more than just markets, turning their attention to some of today’s most pressing global challenges. With entrepreneurial vision, a creative approach and a network that often requires crossing business, political and economic […]
These were the 10 biggest European tech stories this week
Dublin-based medtech startup CroíValve has raised €3.2 million in a funding round led by HBAN (Halo Business Angel Network) MedTech and Irrus Syndicates, alongside Atlantic Bridge University Fund, Enterprise Ireland, SOSV and a group of cardiologists. A spinout from the Trinity Centre for Bioengineering, CroíValve has developed a minimally invasive treatment for tricuspid regurgitation (TR), […]
Rovio, the Finnish company behind the Angry Birds franchise, has invested $3 million in a VC fund managed by Play Ventures, a firm founded by video game entrepreneurs Harri Manninen and Henric Suuronen last year. All in all, the fund’s size is $30 million dollars, and the scope is straightforward: Play Ventures aims to back […]
GRID, a Reykjavik-based SaaS startup that translates spreadsheets into web reports, has landed a $3.5 million funding round led by BlueYard Capital, with participation from strategic investors such as Slack Fund, Acequia Capital, and angel investor Charlie Songhurst. There isn’t much public information about GRID’s product, but the main idea that powers it is to […]
This morning at the fifth edition of the Startup Olé conference in Salamanca, Spain, our tireless COO Helen Walsh presented our latest report, the most accurate in-depth analysis of the state of European tech in terms of startup investment and exit trends available on the market today. As the region’s startup ecosystems continue to evolve, […]