Iceland-founded identity verification startup Authenteq raises $5 million

Authenteq, an identity verification startup with offices in Reykjavik and Berlin, has raised a $5 million round led by Draper Associates and capital300. The company plans raise more money, calling the current capital injection “the first close of two in their Series A round” and mentioning that it’s currently “in discussions with a few investors […]

German startup data Artisans sells to Alibaba for €90 million

Chinese e-commerce giant Alibaba Group has reportedly acquired Berlin-based data Artisans. According to Deutsche Startups, the price of the deal was set at €90 million. The German company did not comment on the exit. Founded in 2014 by the creators of the open-source stream processing framework Apache Flink, data Artisans uses it to deploy large-scale […]

Berlin-based “smart” suitcase startup Horizn raises €10 million

German “smart” luggage startup Horizn has secured a €10 million funding round from Project A, Vorwerk Ventures, Milano Investment Partners, Perpetual Ventures, and the former Puma CEO Franz Koch. This round brings the total amount raised by the startup to €25 million. Founded in 2015, the company currently employs some 70 people. Its hardshell suitcases […]

Delivery Hero sells its operations in Germany to Takeaway.com for €930 million

Berlin-based online food delivery company Delivery Hero is selling its German operations to the Dutch competitor Takeaway.com for €930 million. The deal includes Lieferheld, Pizza.de, and foodora, a food delivery business that Delivery Hero acquired from Rocket Internet in 2015. Takeaway.com will pay €508 million in cash and the rest in shares, which would result […]

Primalbase — A coworking space in Amsterdam, Berlin, and London where blockchain actually makes sense

Editor’s note: This is a sponsored article, which means it’s independently written by our editorial team but financially supported by another organisation, in this case, Primalbase.  The number of coworking and community spaces of all forms and shapes has been growing rapidly across Europe over the past few years. It’s a popular opinion that there’s little […]

German travel startup Tourlane raises $24 million from Sequoia

Berlin-based travel booking platform Tourlane has raised a $24 million Series B funding round led by Sequoia Capital with participation from existing investors Spark Capital, Holtzbrinck Ventures, and DN Capital. Founded in 2016, the startup has now attracted a total of $34 million. Tourlane is a planning and booking service for individuals and groups that […]