Ethical smartphone company Fairphone raises €20 million in debt, crowdfunding, and VC financing

Dutch ethical smartphone manufacturer Fairphone has raised a total of €20 million in funding and debt over the past few months. Back in August, the company closed a €2.5 million equity crowdfunding campaign, which was followed by a €4.5 million funding round from social impact investors DOEN Participaties, PYMWYMIC, PDENH, and Quadia. In addition to that, […]

French renewable energy crowdfunding startup Lumo sells to Societe Generale

Lumo, a platform for crowdfunding of renewable energy projects, has been acquired by the French bank Societe Generale for an undisclosed amount. The acquisition would allow Societe Generale to “better support its major energy clients in developing their projects as requested by the French government’s Renewable Energy Liberation Plan,” it stated in a press release. […]

KissKissBankBank acquires French charity crowdfunder Goodeed

Goodeed, a French charity crowdfunding and donation startup, has been acquired by crowdfunding platform KissKissBankBank. No terms for the deal were announced. Goodeed’s platform generates revenue from video ads and distributes this money to NGOs and charities. According to KissKissBankBank, which was acquired last year by French bank La Banque Postale, the platform will become […]

OurCrowd launches Cognitiv, a new $100 million investment fund

Equity crowdfunding platform OurCrowd has launched a $100 million fund called Cognitiv to invest in AI, deep learning, IoT, robotics, and digital manufacturing startups. The Israeli fund is led by partners Avi Reichental (former CEO of 3D Systems), Eduardo Shoval, and Yori Nelken. Shoval and Nelken previously led the OurCrowd First fund. Cognitiv focus is […]

Swedish home security startup Minut raises $2.5 million, launches Kickstarter

Minut, creators of home security devices, has raised $2.5 million in seed funding led by Karma.vc with participation from SOSV and Nordic Makers. Based in Malmö, Minut builds the Point home alarm device that is an alternative to security cameras. Point detects what’s happening in a room by sensing smoke, loud noises, and movement when […]