Correction: The story has been updated to reflect the correct amount ($13 million, not €30 million) and structure of the deal. Munich-based industrial IoT startup KONUX has raised $13 million in funding as an extension of its Series B round from investors including China’s Alibaba Group, according to the company’s press release and a report […]
In today’s Tech.eu Podcast, Natalie Novick and Andrii Degeler talk about the latest gigantic funding round for an e-scooter startup, the increasing amount of Chinese capital in European tech, the history of RSS, and more. We’ve also prepared an interview with Johan Attby, co-founder and CEO of FishBrain, a startup that has raised almost $30 million for an app for fishing lovers.
The Chinese internet behemoth Tencent has signed what appears to be a massive deal with Amsterdam-based HERE, which will now provide map and location data for its products — including WeChat and QQ — outside China. “We’re delighted to expand our work with Tencent by supporting its large user base with fresh global maps and […]
Today we’ll talk about cities and countries being unhappy with tech companies and their disruptive practices. Not that it’s something we want specifically to talk about, but the news of the past week saw both Airbnb and Google take a hit.
Cambridge-based scale-up Owlstone Medical has raised $35 million as part of a larger $50 million funding round, the first $15 million of which was closed in March this year. The current funding deal was led by Horizons Ventures, joined by a group of strategic investors including Ventura Capital and Foxconn Technologies Group. Owlstone Medical’s product […]
Chinese e-commerce giant JD.com is investing $397 million in the London-based luxury fashion platform Farfetch. Richard Liu, JD.com’s founder and CEO, will join Farfetch’s board along with the deal.
China presents a significant opportunity for European games companies but the market remains a difficult one to crack, according to a report from VC firm Atomico. In the last 15 years there have been 24 billion-dollar games companies, six of which are European (11 are Chinese). Europe is considered the global capital of mobile games […]